The Brazilian duality of Ignácio Rangel

Brazilians dub the eighties “the lost decade”. After forty years of an averageannual growth of 7%, the GDP per inhabitant dropped 5% in that decade. Ignácio Rangel,a Marxist economist, foresaw the coming of the crisis in 1978, and suggested the only wayout: the privatization of the public utilities....

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Detalhes bibliográficos
Autor: Guimarães, César
Formato: artículo
Estado:Versión publicada
Fecha de publicación:1994
País:Brasil
Recursos:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1304
Acesso em linha:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1304
Access Level:acceso abierto
Palavra-chave:História do pensamento econômico
Rangel
History of economic thought
Descrição
Resumo:Brazilians dub the eighties “the lost decade”. After forty years of an averageannual growth of 7%, the GDP per inhabitant dropped 5% in that decade. Ignácio Rangel,a Marxist economist, foresaw the coming of the crisis in 1978, and suggested the only wayout: the privatization of the public utilities. That was before Reagan and Thatcher. The “BrazilianDuality” is the mainspring of Rangel’s thought. According to it, the national economymust be analysed from both its “internal side”, i.e., the national economy itself, and its “externalside”, the world economy. JEL Classification: B31; B24.