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Celso Furtado e o desenvolvimento regional [Celso Furtado and the regional development]


  • Clélio Campolina Diniz



This text analyzes the contributions by Celso Furtado to interpreting the determinants of regional inequalities and to the formulation of development policies for less developed regions. It uses a backdrop the theoretical antecedents and principal global experiences of regional development policies, which served as a reference for Celso Furtado. It shows Furtado's originality when he linked questions of regional inequality with the nature of underdeveloped structures. It shows the theoretical and empirical foundations in the analysis of the Northeast question, guidelines for the future SUDENE, political pressures and the insufficiencies in the way development policies for the Northeast are carried out. Finally, it shows how Furtado's positions are still relevant, whether in the formulations prior to the creation of SUDENE or in the later theoretical developments. In these, Furtado overcomes the notion of region and begins to examine spatial structures; he introduces the central role of urban nodes, of their hierarchies and articulations; in other words, the role of the urban network in the command and structuring of the territory; of the central role of technology and innovation processes, and finally, of the need for an interdisciplinary effort for both understanding regional problems as well as for the formulation of policies and their implementation.

Suggested Citation

  • Clélio Campolina Diniz, 2009. "Celso Furtado e o desenvolvimento regional [Celso Furtado and the regional development]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 19(2), pages 227-249, May-Septe.
  • Handle: RePEc:nov:artigo:v:19:y:2009:i:2:p:227-249

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    References listed on IDEAS

    1. Obstfeld, Maurice, 1986. "Rational and Self-fulfilling Balance-of-Payments Crises," American Economic Review, American Economic Association, vol. 76(1), pages 72-81, March.
    2. Carmen M. Reinhart & Graciela L. Kaminsky, 1999. "The Twin Crises: The Causes of Banking and Balance-of-Payments Problems," American Economic Review, American Economic Association, vol. 89(3), pages 473-500, June.
    3. Krugman, Paul, 1979. "A Model of Balance-of-Payments Crises," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 311-325, August.
    4. Gabriel Palma, 2000. "The Magical Realism of Brazilian Economics: How to Create a Financial Crisis by Trying to Avoid One," SCEPA working paper series. SCEPA's main areas of research are macroeconomic policy, inequality and poverty, and globalization. 2000-16, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    5. Feldstein, Martin & Horioka, Charles, 1980. "Domestic Saving and International Capital Flows," Economic Journal, Royal Economic Society, vol. 90(358), pages 314-329, June.
    6. Flood, Robert P. & Garber, Peter M., 1984. "Collapsing exchange-rate regimes : Some linear examples," Journal of International Economics, Elsevier, vol. 17(1-2), pages 1-13, August.
    7. Maurice Obstfeld, 1994. "The Logic of Currency Crises," NBER Working Papers 4640, National Bureau of Economic Research, Inc.
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    More about this item


    Celso Furtado; regional inequalities; Northeast (Brazil); SUDENE;

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)


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