Developmentalism and new-developmentalism. Theoretical roots and conceptual precision

Vol. 33 No. 2 (2013)

Apr-Jun / 2013
Published April 1, 2013
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Rollemberg Mollo, Maria de Lourdes, and Pedro Cezar Dutra Fonseca. 2013. “Developmentalism and New-Developmentalism. Theoretical Roots and Conceptual Precision”. Brazilian Journal of Political Economy 33 (2):222-39.

Developmentalism and new-developmentalism. Theoretical roots and conceptual precision

Maria de Lourdes Rollemberg Mollo
Professores Titulares do Departamento de Economia da Universidade de Brasília
Pedro Cezar Dutra Fonseca
Universidade Federal do Rio Grande do Sul e Pesquisadores do CNPq.
Brazilian Journal of Political Economy, Vol. 33 No. 2 (2013), Apr-Jun / 2013, Pages 222-239


This paper starts from the conceptualism of New Developmentalism which was proposed by its formulators and their criticism of the “old” developmentalism in order to compare both. It is elaborate in theoretical and historical levels. In the former, it explores the theoretical streams that contributed to the formulation of economic policies that designated the Latin American developmentalism. In the latter, it focuses on the economic policy of the Brazilian import-substitution industrialization and advocates the impropriety of associating it to the irresponsibility in the management of the foreign exchange, fiscal and monetary policies, as the proposers of New Developmentalism assert. Finally, in a third stage, it resumes the propositions of the New Developmentalism and debates the pertinence of some of its policy propositions based upon theoretical considerations and the Brazilian experience which were mentioned in the previous stages.

JEL Classification: B15; O11; O23; N16.

Keywords: developmentalism new developmentalism Brazilian economy