New steps in the construction of New Developmentalism

ABSTRACT In this paper I propose new or relatively new steps in the construction of New Developmentalism: the existence of current account policies, the policy of growth with current account deficit, besides the current and the industrial equilibriums, the equilibrium with current account deficit, a...

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Bibliographic Details
Published in:Brazilian Journal of Political Economy Vol. 43; no. 4; pp. 777 - 788
Main Author: BRESSER-PEREIRA, LUIZ CARLOS
Format: Journal Article
Language:English
Published: Editora 34 2023
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Summary:ABSTRACT In this paper I propose new or relatively new steps in the construction of New Developmentalism: the existence of current account policies, the policy of growth with current account deficit, besides the current and the industrial equilibriums, the equilibrium with current account deficit, and the extended Dutch disease. The three equilibriums are depicted in a new figure. A new form of neutralizing the Dutch disease using import tariffs and export subsidies on manufactured goods is discussed. RESUMO Neste artigo eu proponho novos ou relativamente novos passos na construção do Novo Desenvolvimentismo: a existência de políticas de conta-corrente, a política de crescimento com déficit em conta-corrente, além dos equilíbrios corrente e industrial, o equilíbrio com déficit em conta-corrente, e a doença holandesa estendida. Os três equilíbrios são representados em um novo gráfico. Discute-se uma nova forma de neutralizar a doença holandesa por meio de tarifas de importação e subsídios à exportação de produtos manufaturados.
ISSN:0101-3157
1809-4538
DOI:10.1590/0101-31572023-4005