New Developmentalism
Introducing a New Economics and Political Economy
Seiten
2024
Edward Elgar Publishing Ltd (Verlag)
978-1-80392-778-7 (ISBN)
Edward Elgar Publishing Ltd (Verlag)
978-1-80392-778-7 (ISBN)
This timely book offers a concise summary of new developmentalism, exploring this in the context of both heterodox economics and political economy. It adopts a historical–structural method that is critical of orthodox or Neoclassical Economics. Luis Carlos Bresser-Pereira delves into the roots of new developmentalism from the quasi-stagnation of middle-income countries, covering how it developed from Marxian economics, post-Keynesian economics and Classical Structuralism.
Innovative in its approach and coverage, Bresser-Pereira first introduces the method and the schools relevant to new developmentalism, before moving on to look at how it can revolutionise political economy, economics and growth economics. Chapters explore the capitalist revolution, the phases of capitalist development and class coalitions, micro- and macro-economics, and the importance of the exchange rate in determining investment and growth. The book concludes with a forward-looking synopsis of the ways in which new developmentalism is both green and social.
This will be a critical read for heterodox economics students and scholars, as well as economics students more widely. Its practical implications will also make this an invigorating read for economists looking to better understand new developmentalism and its potential impacts.
Innovative in its approach and coverage, Bresser-Pereira first introduces the method and the schools relevant to new developmentalism, before moving on to look at how it can revolutionise political economy, economics and growth economics. Chapters explore the capitalist revolution, the phases of capitalist development and class coalitions, micro- and macro-economics, and the importance of the exchange rate in determining investment and growth. The book concludes with a forward-looking synopsis of the ways in which new developmentalism is both green and social.
This will be a critical read for heterodox economics students and scholars, as well as economics students more widely. Its practical implications will also make this an invigorating read for economists looking to better understand new developmentalism and its potential impacts.
Luiz Carlos Bresser-Pereira, Emeritus Professor, Getúlio Vargas Foundation, Brazil
Contents:
Introduction to New Developmentalism
1 The method and the schools
2 The developmental schools and anti-imperialism
3 The capitalist revolution and the developmental state
4 Forms and phases of capitalist development
5 New developmentalism’s microeconomics
6 Macroeconomics and austerity
7 The interest rate
8 Inflation and the limitations of economics
9 The profit rate and the wage rate
10 Determining the exchange rate
11 Growth and stagnation
12 Policy of current account deficit
13 Foreign exchange, investment and growth
14 The Dutch disease and its neutralization
15 Green and social
References
| Erscheinungsdatum | 08.02.2024 |
|---|---|
| Verlagsort | Cheltenham |
| Sprache | englisch |
| Maße | 156 x 234 mm |
| Themenwelt | Wirtschaft ► Allgemeines / Lexika |
| Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
| ISBN-10 | 1-80392-778-X / 180392778X |
| ISBN-13 | 978-1-80392-778-7 / 9781803927787 |
| Zustand | Neuware |
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