From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
Bibliographic Data
| ID | 4368698 |
|---|---|
| Authors | Luiz Carlos Bresser-Pereira (0000-0001-8679-0557, Fundação Getulio Vargas, corresponding author) |
| Year | 2019 |
| Volume | 39 |
| Issue | 2 |
| Pages | 187-210 |
| Publication date | 2019-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Brazilian Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0101-3157 • E-ISSN: 1809-4538 |
| Publisher | FapUNIFESP (SciELO) (PUBLISHER) |
| DOI | 10.1590/0101-31572019-2966 |
| OpenAlex | W2942804286 |
| SCIELO_PID | S0101-31572019000200001 |
| Language | EN |
| Citations received | 12 |
| References cited | 28 |
New developmentalism was a response to the inability of classical developmentalism and post-Keynesian macroeconomics in leading middle-income countries to resume growth. New developmentalism was born in the 2000s to explain why Latin American countries stopped growing in the 1980s, while East Asian countries continued to catch up. This paper compares new developmentalism with classical developmentalism, which didn't have a macroeconomics, and with post-Keynesian economics, whose macroeconomics is not devoted to developing countries. And shows that to follow the East Asian example is not enough industrial policy, it is also necessary a macroeconomic policy that sets the five macroeconomic prices right, rejects the growth with foreign savings policy, and keeps the macroeconomic accounts balanced
Developmentalism · East Asia · Economics · Keynesian economics · Latin Americans · Macroeconomics · Monetary policy · New Keynesian economics · Political science · Politics · Economic Growth and Productivity · Economic Theory and Policy · Political Economy and Marxism
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| Unique citing works | 12 |
|---|---|
| Citations per year | 2 |
| Citation span | 2020 - 2026 (7) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 12 |