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How Social Developmentalism Reframed Social Policy in Brazil

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  • Lena Lavinas

Abstract

This paper proposes to critically situate how social developmentalism reshaped social policy in Brazil in the 2000s, to stimulate access to credit and to financial markets, thereby fostering a transition towards a mass-consumption society. This structural move is radically distinct from the very framework which inspired the tenets of early Latin American structuralist thought in the post-war period. Whereas seminal structuralism neglected the role of social policy, Brazilian social developmentalism reframed it to broaden access to consumer credit and other financial services, such as insurances. In this new financialised framework, social policy has been used to underwrite a financial inclusion model that overturned classic tenets of social policy. As a result, not only household debt has abruptly escalated, but also social insurance and welfare benefits have been partially absorbed as financial rents, deepening economic insecurity and social vulnerability.

Suggested Citation

  • Lena Lavinas, 2017. "How Social Developmentalism Reframed Social Policy in Brazil," New Political Economy, Taylor & Francis Journals, vol. 22(6), pages 628-644, November.
    • Handle: RePEc:taf:cnpexx:v:22:y:2017:i:6:p:628-644
    DOI: 10.1080/13563467.2017.1297392
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    Cited by:

    1. Kate Meagher, 2022. "Crisis Narratives and the African Paradox: African Informal Economies, COVID‐19 and the Decolonization of Social Policy," Development and Change, International Institute of Social Studies, vol. 53(6), pages 1200-1229, November.
    2. Adam Aboobaker, 2024. "Hierarchical consumption preferences, redistribution, and structural transformation," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 33(2), pages 490-506.
    3. Bonizzi, Bruno & Kaltenbrunner, Annina & Powell, Jeffrey, 2019. "Subordinate financialization in emerging capitalist economies," Greenwich Papers in Political Economy 23044, University of Greenwich, Greenwich Political Economy Research Centre.
    4. Meagher, Kate, 2022. "Crisis narratives and the African paradox: African informal economies, COVID-19 and the decolonization of social policy," LSE Research Online Documents on Economics 117263, London School of Economics and Political Science, LSE Library.
    5. Alf Gunvald Nilsen, 2021. "Give James Ferguson a Fish," Development and Change, International Institute of Social Studies, vol. 52(1), pages 3-25, January.

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