New Steps in the Construction of New Developmentalism Luiz Carlos Bresser-Pereira

In this paper I propose new or relatively new steps in the construction of New Developmentalism: the existence of current account policies, the policy of growth with current account deficit, besides the current and the industrial equilibriums, the equilibrium with current account deficit, and the extended Dutch disease. The three equilibriums are depicted in a new figure. A new form of neutralizing the Dutch disease using import tariffsand export subsidies on manufactured goods is discussed.

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(This article was published in the  Brazilian Journal of Political Economy, Vol. 43 No. 4 (2023), Oct-Dec / 2023, Pages 777-788)