Economic formation of Brazil: a masterpiece of ECLAC
Abstract
Celso Furtado’s Formação Econômica do Brasil is the most famous book in Brazilian
economic literature and has been so since its very first edition thirty years ago. By that
time, it immediately had a considerable impact on the Brazilian social sciences. This paper is
concerned with the Brazilian intellectual and ideological context of the 1950s and points out
the “Ecla-structuralists” elements in Furtado’s masterpiece. The book’s methodology as well
as its analytical aspects have a strong connection to that context.
JEL Classification: B22; B31; Y30.
Keywords: History of economic thought Furtado structuralism Eclac review