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The Resource Developmental macroeconomics : new developmentalism as a growth strategy, Luiz Carlos Bresser-Pereira, José Luís Oreiro, and Nelson Marconi

Developmental macroeconomics : new developmentalism as a growth strategy, Luiz Carlos Bresser-Pereira, José Luís Oreiro, and Nelson Marconi

Label
Developmental macroeconomics : new developmentalism as a growth strategy
Title
Developmental macroeconomics
Title remainder
new developmentalism as a growth strategy
Statement of responsibility
Luiz Carlos Bresser-Pereira, José Luís Oreiro, and Nelson Marconi
Creator
Contributor
Author
Subject
Language
eng
Summary
Developmental Macroeconomics: Access to Demand, the Exchange Rate and Growth offers a new approach to development economics and macroeconomics. It is a Keynesian-structuralist approach to economics applied to middle income countries that emphasizes the strategic role of demand in creating investment opportunities that are essential to economic development. It also explores crucial links between short-term full employment and financial stability with medium term growth. While this book emphasizes the central role played by the exchange rate it does not ignore other macroeconomic prices (the interest rate, the inflation rate and the profit rate). It develops a group of concepts and models and blends them together in the model of the tendency to the cyclical overvaluation of the exchange rate in developing countries. According to this model, the exchange rate tends to be chronically overvalued. In so far that this is true the exchange rate ceases to be just a short-term problem to be treated by macroeconomics and becomes central to development economics and should be crucially oriented to manage the exchange rate and keep it competitive at the industrial equilibrium level. The book closes with the presentation of new developmentalism <U+0127> � a national development strategy based on the system of models previously discussed that is both an alternative to old national-developmentalism and to liberal orthodoxy or the Washington consensus.--
Member of
Assigning source
Provided by Publisher
Cataloging source
YDXCP
http://library.link/vocab/creatorName
Pereira, Luiz Carlos Bresser
Dewey number
330.156
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Oreiro, José Luís
  • Marconi, Nelson
Series statement
Routledge studies in development economics
Series volume
114
http://library.link/vocab/subjectName
  • Development economics
  • Macroeconomics
  • Foreign exchange rates
  • Economic development
Label
Developmental macroeconomics : new developmentalism as a growth strategy, Luiz Carlos Bresser-Pereira, José Luís Oreiro, and Nelson Marconi
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Contents
DescriptionDevelopmental Macroeconomics: Access to Demand, the Exchange Rate and Growth offers a new approach to development economics and macroeconomics. It is a Keynesian-structuralist approach to economics applied to middle income countries that emphasizes the strategic role of demand in creating investment opportunities that are essential to economic development. It also explores crucial links between short-term full employment and financial stability with medium term growth. While this book emphasizes the central role played by the exchange rate it does not ignore other macroeconomic prices (the interest rate, the inflation rate and the profit rate). It develops a group of concepts and models and blends them together in the model of the tendency to the cyclical overvaluation of the exchange rate in developing countries. According to this model, the exchange rate tends to be chronically overvalued. In so far that this is true the exchange rate ceases to be just a short-term problem to be treated by macroeconomics and becomes central to development economics and should be crucially oriented to manage the exchange rate and keep it competitive at the industrial equilibrium level. The book closes with the presentation of new developmentalism <U+0127> � a national development strategy based on the system of models previously discussed that is both an alternative to old national-developmentalism and to liberal orthodoxy or the Washington consensus. Contents 1. Theoretical traditions and the method 2. Some definitions and productive sophistication 3. Demand-led growth 4. Foreign constraint 5. Value and price of the exchange rate 6. Overvaluation and access to the markets 7. The Dutch disease 8. Domestic, not foreign savings 9. Inflation, interest, and exchange rate appreciation 10. Balance of payment crises Chapter 11 The closing of the model 12. Wage, export or balanced-led? 13. Neutralizing the Dutch disease 14. Exchange rate policy 15. The transition to a high-development regime 16. Political economy of the once-and-for-all devaluation 17. Comparing and summing up
Control code
FIEb17604072
Dimensions
24 cm.
Extent
xx, 187 pages
Isbn
9780415817783
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)881386357
Label
Developmental macroeconomics : new developmentalism as a growth strategy, Luiz Carlos Bresser-Pereira, José Luís Oreiro, and Nelson Marconi
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Contents
DescriptionDevelopmental Macroeconomics: Access to Demand, the Exchange Rate and Growth offers a new approach to development economics and macroeconomics. It is a Keynesian-structuralist approach to economics applied to middle income countries that emphasizes the strategic role of demand in creating investment opportunities that are essential to economic development. It also explores crucial links between short-term full employment and financial stability with medium term growth. While this book emphasizes the central role played by the exchange rate it does not ignore other macroeconomic prices (the interest rate, the inflation rate and the profit rate). It develops a group of concepts and models and blends them together in the model of the tendency to the cyclical overvaluation of the exchange rate in developing countries. According to this model, the exchange rate tends to be chronically overvalued. In so far that this is true the exchange rate ceases to be just a short-term problem to be treated by macroeconomics and becomes central to development economics and should be crucially oriented to manage the exchange rate and keep it competitive at the industrial equilibrium level. The book closes with the presentation of new developmentalism <U+0127> � a national development strategy based on the system of models previously discussed that is both an alternative to old national-developmentalism and to liberal orthodoxy or the Washington consensus. Contents 1. Theoretical traditions and the method 2. Some definitions and productive sophistication 3. Demand-led growth 4. Foreign constraint 5. Value and price of the exchange rate 6. Overvaluation and access to the markets 7. The Dutch disease 8. Domestic, not foreign savings 9. Inflation, interest, and exchange rate appreciation 10. Balance of payment crises Chapter 11 The closing of the model 12. Wage, export or balanced-led? 13. Neutralizing the Dutch disease 14. Exchange rate policy 15. The transition to a high-development regime 16. Political economy of the once-and-for-all devaluation 17. Comparing and summing up
Control code
FIEb17604072
Dimensions
24 cm.
Extent
xx, 187 pages
Isbn
9780415817783
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)881386357

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