Contributions of Classical and New Developmentalism

Vol. 45 No. 2 (2025)

Apr-Jun / 2025
Published March 28, 2025
PDF-English
PDF-English

How to Cite

Bresser-Pereira, Luiz Carlos. 2025. “Contributions of Classical and New Developmentalism”. Brazilian Journal of Political Economy 45 (2):211-34. https://doi.org/10.1590/0101-31572025-3748.

Contributions of Classical and New Developmentalism

Luiz Carlos Bresser-Pereira
Professor Emeritus of Getulio Vargas Foundation.
Brazilian Journal of Political Economy, Vol. 45 No. 2 (2025), Apr-Jun / 2025, Pages 211-234

Abstract

In this paper I present the main contribution of classical developmentalism and
new developmentalism to economics and political economy. These theoretical frameworks
are complementary, not competitive, thus I don’t compare them, I only express a few critiques
of one to the other theory. In the case of new-developmental theory, the contributions
to economics are presented step by step. The paper rejects the usual critique that it is conservative;
on the contrary, it is progressive adopting the well-known tools to achieve the reduction
of inequality.

JEL Classification: O01; O04.


Keywords: New developmentalism classical developmentalism contribution