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On the intentionality of the industrializing politics of Brazil in the 1930s

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  • Pedro Cezar Dutra Fonseca

Abstract

From the contributions of institutional theorists, the widespread proposition, begun with Celso Furtado’s work, that the significant growth of the Brazilian transformation industry in the 1930s happened with no intention or awareness from the federal administration since it derived from the policy of defense of the coffee export is criticized. For this matter, after rebuilding Furtado’s thought on the subject, we argue that by that decade there was enough empirical evidence to show the intent and the administration towards industrialization so that it cannot be considered a mere “byproduct” of the exchange and monetary policies regarding the defense of the coffee economy. JEL Classification: N16; N26; O14; O43; O54.

Suggested Citation

  • Pedro Cezar Dutra Fonseca, 2003. "On the intentionality of the industrializing politics of Brazil in the 1930s," Brazilian Journal of Political Economy, Center of Political Economy, vol. 23(1), pages 138-153.
    • Handle: RePEc:ekm:repojs:v:23:y:2003:i:1:p:138-153:id:893
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/893/2090
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    More about this item

    Keywords

    Vargas administration; Brazilian economy; Celso Furtado; great depression of the 1930s; Brazilian industry;
    All these keywords.

    JEL classification:

    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • N26 - Economic History - - Financial Markets and Institutions - - - Latin America; Caribbean
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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