Economic development and the resumption of the classical approach to surplus
In this article we show how an analytical framework based on the classical surplus approach can be used to the understanding of some central matters of the economic development of the nations and of the Brazilian economy in the last decades, in particular. We start discussing the shortcomings of the...
| Autores: | , |
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| Tipo de documento: | artigo |
| Estado: | Versão publicada |
| Data de publicação: | 2004 |
| País: | Brasil |
| Recursos: | EDITORA 34 |
| Repositório: | Revista de Economia Política |
| Idioma: | português |
| OAI Identifier: | oai:ojs2.centrodeeconomiapolitica.org:article/670 |
| Acesso em linha: | https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/670 |
| Access Level: | Acceso aberto |
| Palavra-chave: | Excedente desenvolvimento investimento consumo Surplus development investment consumption |
| Resumo: | In this article we show how an analytical framework based on the classical surplus approach can be used to the understanding of some central matters of the economic development of the nations and of the Brazilian economy in the last decades, in particular. We start discussing the shortcomings of the traditional approach to development economics and the inability of the neoclassical approach to explain some of the more important stylized facts of the development process. We show how the scheme proposed can explain these facts and, in this perspective, what are the internal and external constraints to economic development. Finally, we illustrate our argument with a brief summary of our research on the recent development of the Brazilian economy. JEL Classification: O11. |
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