On the intentionality of the industrializing politics of Brazil in the 1930s

Vol. 23 No. 1 (2003)

Jan-Mar / 2003
Published January 1, 2003
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Fonseca, Pedro Cezar Dutra. 2003. “On the Intentionality of the Industrializing Politics of Brazil in the 1930s”. Brazilian Journal of Political Economy 23 (1):138-53. https://doi.org/10.1590/0101-31572003-0720.

On the intentionality of the industrializing politics of Brazil in the 1930s

Pedro Cezar Dutra Fonseca
Professor titular do Departamento de Ciências Econômicas da Universidade Federal do Rio Grande do Sul – UFRGS, Porto Alegre/RS, Brasil.
Brazilian Journal of Political Economy, Vol. 23 No. 1 (2003), Jan-Mar / 2003, Pages 138-153


From the contributions of institutional theorists, the widespread proposition, begun with Celso Furtado’s work, that the significant growth of the Brazilian transformation industry in the 1930s happened with no intention or awareness from the federal administration since it derived from the policy of defense of the coffee export is criticized. For this matter, after rebuilding Furtado’s thought on the subject, we argue that by that decade there was enough empirical evidence to show the intent and the administration towards industrialization so that it cannot be considered a mere “byproduct” of the exchange and monetary policies regarding the defense of the coffee economy.

JEL Classification: N16; N26; O14; O43; O54.

Keywords: Vargas administration Brazilian economy Celso Furtado great depression of the 1930s Brazilian industry