TY - JOUR AU - Guarini, Giulio AU - Oreiro, José Luis PY - 2022/01/20 Y2 - 2024/03/28 TI - An ecological view of New Developmentalism: a proposal of integration JF - Brazilian Journal of Political Economy JA - BJPE VL - 42 IS - 1 SE - DO - 10.1590/0101-31572022-3310 UR - https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/2306 SP - 244-255 AB - <p>Article aims to integrate New Developmentalism with Ecological View by<br>means of the concepts of Ecological Structural Change (ESC) and Eco-Developmental<br>Class-Coalition (EDCC). ESC means to increase the share of green manufacturing sector in<br>GDP and employment for increasing the environmental efficiency of the economy. Exchange<br>rate overvaluation caused by Dutch disease and growth with foreign savings can harm<br>green manufacturing industries even more than brown manufacturing industries. ESC<br>needs the existence of an EDCC that can be made difficult to occur if exchange rate overvaluation<br>is not removed through taxes over commodities exports, capital controls and a<br>dual mandate for the Central Bank.</p><p><strong>JEL Classification:</strong> Q56; Q57; O11: O14.</p> ER -