The New Developmentalism and Conventional Orthodoxy
Abstract
After the failure of the neo-liberal policies prescribed by rich nations
to promote macroeconomic stability and development, Latin America has
become home to a clear movement for rejecting “conventional orthodoxy”.
Does this mean that today more developed countries, with sounder
democracies, should return to the national-developmentalism of the 1950s,
which was so successful in promoting development, but eventually became
distorted and plunged into a crisis?
to promote macroeconomic stability and development, Latin America has
become home to a clear movement for rejecting “conventional orthodoxy”.
Does this mean that today more developed countries, with sounder
democracies, should return to the national-developmentalism of the 1950s,
which was so successful in promoting development, but eventually became
distorted and plunged into a crisis?
DOI: https://doi.org/10.16993/ibero.195 | Journal eISSN: 2002-4509
Language: English
Page range: 31 - 58
Published on: Jan 1, 2007
Published by: Stockholm University Press
In partnership with: Paradigm Publishing Services
© 2007 Luiz Carlos Bresser-Pereira, published by Stockholm University Press
This work is licensed under the Creative Commons Attribution 4.0 License.