- Title Pages
- Title Pages
- Acknowledgments
- Preface
-
Chapter 1 An Introduction to Roberto Frenkel’s Contributions to the Economic Ideas in Latin America -
Chapter 2 Markups Under Uncertainty -
Chapter 3 Financial Fragility, Price Indexes, and Investment Financing -
Chapter 4 Uncertainty in Structural and Institutional Parameters and the Cost of Policy Mistakes -
Chapter 5 Monetary Policy and External Shocks in a Semidollarized Economy -
Chapter 6 The Chilean Economy Since the Global Crisis -
Chapter 7 Disequilibria and Risk Premia -
Chapter 8 Labor Market and Income Distribution in Latin America in Times of Economic Growth -
Chapter 9 Accounting for the Rise and Fall of Brazil’s Growth After World War II -
Chapter 10 Balance-of-Payments Dominance -
Chapter 11 The Real Exchange Rate, the Real Wage, and Growth -
Chapter 12 The Real Exchange Rate and Economic Growth -
Chapter 13 Capitalism and Financial Crises -
Chapter 14 Financial Crises, Institutions, and the Macroeconomy -
Chapter 15 United States Size Distribution and the Macroeconomy 1986–2009 -
Chapter 16 Sovereign Credit Risk in Latin America and Global Common Factors -
Chapter 17 Cognitive Dissonance -
Chapter 18 New Developmentalism as a Weberian Ideal Type - Contributors
- Index
New Developmentalism as a Weberian Ideal Type
New Developmentalism as a Weberian Ideal Type
- Chapter:
- (p.373) Chapter 18 New Developmentalism as a Weberian Ideal Type
- Source:
- Macroeconomics and Development
- Author(s):
Luiz Carlos Bresser-Pereira
- Publisher:
- Columbia University Press
this chapter discusses the differences between the concept of what it labels as “new developmentalism” and the traditional “old” developmentalism—the theory and policy derived from the work of the pioneers of development economics. It is argued that the most important difference between these two forms of developmentalism is the role of macroeconomic policy; in particular, how it is coordinated to maintain fiscal sustainability, low inflation and, in particular, competitive real exchange rate.
Keywords: new developmentalism, old developmentalism, development economics, macroeconomic policy, policy coordination, competitive exchange rate
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- Title Pages
- Title Pages
- Acknowledgments
- Preface
-
Chapter 1 An Introduction to Roberto Frenkel’s Contributions to the Economic Ideas in Latin America -
Chapter 2 Markups Under Uncertainty -
Chapter 3 Financial Fragility, Price Indexes, and Investment Financing -
Chapter 4 Uncertainty in Structural and Institutional Parameters and the Cost of Policy Mistakes -
Chapter 5 Monetary Policy and External Shocks in a Semidollarized Economy -
Chapter 6 The Chilean Economy Since the Global Crisis -
Chapter 7 Disequilibria and Risk Premia -
Chapter 8 Labor Market and Income Distribution in Latin America in Times of Economic Growth -
Chapter 9 Accounting for the Rise and Fall of Brazil’s Growth After World War II -
Chapter 10 Balance-of-Payments Dominance -
Chapter 11 The Real Exchange Rate, the Real Wage, and Growth -
Chapter 12 The Real Exchange Rate and Economic Growth -
Chapter 13 Capitalism and Financial Crises -
Chapter 14 Financial Crises, Institutions, and the Macroeconomy -
Chapter 15 United States Size Distribution and the Macroeconomy 1986–2009 -
Chapter 16 Sovereign Credit Risk in Latin America and Global Common Factors -
Chapter 17 Cognitive Dissonance -
Chapter 18 New Developmentalism as a Weberian Ideal Type - Contributors
- Index
