Reflecting on New Developmentalism and classical developmentalism
Luiz Carlos Bresser-Pereira
Review of Keynesian Economics, 4 (3), Autumn 2016: 331-352. Texto para Discussão EESP/FGV n. 395, junho 2015.
New Developmentalism is a theory that must be distinguished from really existing forms of developmentalism. It was preceded by Classical Developmentalism. Social-developmentalism is a version of the later characterized by a high preference for immediate consumption. New Developmentalism is a new theoretical system that includes a developmental macroeconomics, a microeconomics and a political economy.