New Developmentalism and Macroeconomic Constraints: The Case of Latin America

Session Submission Type: Workshop

Abstract

Within the debate on the concept of ‘New Developmentalism’ in Latin America, there is a clear consensus that this means an alternative strategy not only to orthodoxy but also to old-style Latin American national developmentalism, and that the State has an active role to play within the economy. But there are a series of open questions: How relevant and how feasible is still industrialization, in front of the new role of China as increasingly dominant provider of manufactured goods? How relevant are balanced external accounts or even surpluses? How does higher income equality and domestic demand interplay with these factors?

Sub Track

• Economics and Social Policies

Chair

• Barbara Fritz, Freie Universität Berlin

Presenters

• Luiz Carlos Bresser-Pereira, Fundação Getulio Vargas

• Ricardo Ffrench-Davis, Universidad de Chile

• Leslie Elliott Armijo, Portland State University

• André M Biancarelli, Instituto de Economia da Unicamp