Article(print) World Affairs Online2001

Decisoes estrategicas e "overlapping consensus" na America Latina

In: Brazilian journal of political economy: Revista de economia política, Volume 21, Issue 84, p. 3-29

Bresser-Pereira, Luiz Carlos

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Abstract

This paper, first, summarizes Latin American structuralism, and offers reasons why it was so influential and durable in the region. Second, it points out why structuralism was unable to keep pace with historical new facts, particularly with the industrial revolution or take-off, that made Latin American economies intermediary, still developing, but fully capitalist. Third, it lists the overlapping consensus that today exists on economic development. Forth, it opposes "official orthodoxy" to "developmental populism", the former deriving from neoclassical economics, the latter from structuralism, and offers, in relation to six strategic issues, a development alternative. (Rev Econ Polit/DÜI)

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