Contributions of Classical and New Developmentalism

ABSTRACT In this paper I present the main contribution of classical developmentalism and new developmentalism to economics and political economy. These theoretical frameworks are complementary, not competitive, thus I don’t compare them, I only express a few critiques of one to the other theory. In...

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Bibliographic Details
Main Author: LUIZ CARLOS BRESSER-PEREIRA
Format: Article
Language:English
Published: Editora 34 2025-03-01
Series:Brazilian Journal of Political Economy
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Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572025000200200&tlng=en
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Summary:ABSTRACT In this paper I present the main contribution of classical developmentalism and new developmentalism to economics and political economy. These theoretical frameworks are complementary, not competitive, thus I don’t compare them, I only express a few critiques of one to the other theory. In the case of new-developmental theory, the contributions to economics are presented step by step. The paper rejects the usual critique that it is conservative; on the contrary, it is progressive adopting the well-known tools to achieve the reduction of inequality.
ISSN:1809-4538