Luiz Carlos Bresser-Pereira
Economia UNAM, vol. 14 núm. 40, enero-abril, 2017: 48-66.
The new developmentalism arises from the economic and political failure of globaliza- tion, financialization and neoliberalism. In developing countries it seeks to guarantee democracy, reduce inequalities and protect the environment. It is a national strategy that gives the State a central role, and as an indispensable condition, proposes a solid and efficient direction; Because it does not believe that the market can solve everything, nor that the institutions should confine themselves to guaranteeing private property and the fulfillment of contracts. The new developmentalism is an inclusive theoretical system, heir to the classical developmentalism, with updated proposals that will allow the medium-developing countries to have the elements to approach in better conditions to the more prosperous nations.
