Contributions of Classical and New Developmentalism

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

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Bibliographic Details
Author: Bresser-Pereira, Luiz Carlos
Format: article
Status:Published version
Publication Date:2025
Country:Brasil
Institution:EDITORA 34
Repository:Revista de Economia Política
Language:English
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/2501
Online Access:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/2501
Access Level:Open access
Keyword:New developmentalism
classical developmentalism
contribution
Novo desenvolvimentismo
desenvolvimentismo clássico
contribuição
Description
Summary:In this paper I present the main contribution of classical developmentalism andnew developmentalism to economics and political economy. These theoretical frameworksare complementary, not competitive, thus I don’t compare them, I only express a few critiquesof one to the other theory. In the case of new-developmental theory, the contributionsto 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 reductionof inequality. JEL Classification: O01; O04.