Vol. 43 No. 4 (2023)
Oct-Dez / 2023
Published November 16, 2023
How to Cite
Bresser-Pereira, Luiz Carlos. 2023. “New Steps in the Construction of New Developmentalism”. Brazilian Journal of Political Economy 43 (4):777-88. https://doi.org/10.1590/0101-31572023-4005.
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, 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.
JEL Classification: F31; E4.
Keywords: Exchange rate current account equilibriums Dutch disease tariffs