Macroeconomics of stagnation and new developmentalism in Latin America

Luiz Carlos Bresser-Pereira

In Forstater, Mathew and L. Randall Wray, eds. (2008) Keynes for the Twenty-First Century. The continuing relevance of The General Theory. New York: Palgrave MacMillan, 2008: 145-174.

Paper comparing three growth strategies: old or national-developmentalism, new developmentalism, and Washingtons conventional orthodoxy - actually a form of neutralizing the catching up of medium income countries.

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