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An ecological view of New Developmentalism: a proposal of integration

Author

Listed:
  • Giulio Guarini
  • José Luis Oreiro

Abstract

Article aims to integrate New Developmentalism with Ecological View bymeans of the concepts of Ecological Structural Change (ESC) and Eco-DevelopmentalClass-Coalition (EDCC). ESC means to increase the share of green manufacturing sector inGDP and employment for increasing the environmental efficiency of the economy. Exchangerate overvaluation caused by Dutch disease and growth with foreign savings can harmgreen manufacturing industries even more than brown manufacturing industries. ESCneeds the existence of an EDCC that can be made difficult to occur if exchange rate overvaluationis not removed through taxes over commodities exports, capital controls and adual mandate for the Central Bank. JEL Classification: Q56; Q57; O11: O14.

Suggested Citation

  • Giulio Guarini & José Luis Oreiro, 2022. "An ecological view of New Developmentalism: a proposal of integration," Brazilian Journal of Political Economy, Center of Political Economy, vol. 42(1), pages 244-255.
    • Handle: RePEc:ekm:repojs:v:42:y:2022:i:1:p:244-255:id:2306
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/2306/2267
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    Citations

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    Cited by:

    1. Guarini, Giulio & da Costa Oreiro, José Luis, 2023. "Ecological transition and structural change: A new-developmentalist analysis," Socio-Economic Planning Sciences, Elsevier, vol. 90(C).
    2. Daniel Moura da Costa Teixeira & Helder Lara Ferreira Filho & Jose Luis Oreiro, 2023. "Environmental Sustainability and the Economic Complexity: Policy Implications for a New Developmentalism Strategy," Working Papers PKWP2312, Post Keynesian Economics Society (PKES).

    More about this item

    Keywords

    New Developmentalism; ecological structural change; eco-developmental class-coalition;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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