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Reading: The New Developmentalism and Conventional Orthodoxy

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Research Article

The New Developmentalism and Conventional Orthodoxy

Author:

Luiz Carlos Bresser-Pereira

Abstract

After the failure of the neo-liberal policies prescribed by rich nations
to promote macroeconomic stability and development, Latin America has
become home to a clear movement for rejecting “conventional orthodoxy”.
Does this mean that today more developed countries, with sounder
democracies, should return to the national-developmentalism of the 1950s,
which was so successful in promoting development, but eventually became
distorted and plunged into a crisis?
How to Cite: Bresser-Pereira, L.C., (2007). The New Developmentalism and Conventional Orthodoxy. Iberoamericana – Nordic Journal of Latin American and Caribbean Studies. 37(1), pp.31–58. DOI: http://doi.org/10.16993/ibero.195
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Published on 01 Jan 2007.
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