IDEAS home Printed from https://ideas.repec.org/p/pke/wpaper/pkwp2411.html
   My bibliography  Save this paper

Class Coalition and the Political Economy of New Developmentalism: an essay in honour of Bresser-Pereira

Author

Listed:
  • Jose Luis Oreiro

Abstract

This paper aims to show that the political obstacles to the implementation of a new-developmentalist model in Brazil can be overcome by the reconstruction of a developmentalist class coalition like the one that emerged in Brazil after the 1930 Revolution led by Getúlio Vargas. The concept of class coalition was developed by Bresser-Pereira in his book "The Political Construction of Brazil". A class coalition is defined as the emergence of coalitions of interests between groups that belong to distinct social classes. A developmentalist coalition results from the perception on the part of urban workers, industrial entrepreneurs and government technocracy that their economic interests are not served by liberal policies, since they are incapable of generating economic development, being useful only to rentiers and the domestic and international financial interests.

Suggested Citation

  • Jose Luis Oreiro, 2024. "Class Coalition and the Political Economy of New Developmentalism: an essay in honour of Bresser-Pereira," Working Papers PKWP2411, Post Keynesian Economics Society (PKES).
    • Handle: RePEc:pke:wpaper:pkwp2411
    as

    Download full text from publisher

    File URL: https://www.postkeynesian.net/downloads/working-papers/PKWP2411.pdf
    File Function: First version, 2024
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Marcos Rocha & Nelson Marconi, 2013. "Substituição de Poupança Interna por Externa e Sobreapreciações da Taxa de Câmbio," Discussion Papers 1870, Instituto de Pesquisa Econômica Aplicada - IPEA.
    2. Jose Luis Oreiro & Lionello F. Punzo & Eliane C. Araujo, 2012. "Macroeconomic constraints to growth of the Brazilian economy: diagnosis and some policy proposals," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 36(4), pages 919-939.
    3. Ros, Jaime, 2013. "Rethinking Economic Development, Growth, and Institutions," OUP Catalogue, Oxford University Press, number 9780199684816.
    4. Barbosa, Fernando de Holanda & Camêlo, Felipe Diogo & João, Igor Custodio, 2016. "A Taxa De Juros Natural E A Regra De Taylor No Brasil: 2003/2015," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 70(4), December.
    5. José Luis Oreiro, 2020. "New Developmentalism: beyond competitive exchange rate," Brazilian Journal of Political Economy, Center of Political Economy, vol. 40(2), pages 238-242.
    6. JosŽ Luis Oreiro & Luciano Luiz Manarin & Paulo Gala, 2020. "Deindustrialization, economic complexity and exchange rate overvaluation: the case of Brazil (1998-2017)," PSL Quarterly Review, Economia civile, vol. 73(295), pages 313-341.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jose Luis da Costa Oreiro & Stefan Wilson d'Amato & Luciano Luiz Manarin D'Agostini & Paulo Sergio de Oliveira Simoes Gala, 2022. "Measuring the technological backwardness of middle-and low-income countries: The employment quality gap and its relationship with the per capita income gap," PSL Quarterly Review, Economia civile, vol. 75(301), pages 139-159.
    2. Jose Luis Oreiro & Kalinka Martins da Silva, 2022. "Structuralist Development Macroeconomics and New Developmentalism: Theoretical Foundations and Recent Developments," Working Papers PKWP2204, Post Keynesian Economics Society (PKES).
    3. Hugo Iasco-Pereira & Fabricio José Missio, 2022. "Would a competitive real exchange rate be a driver of economic prosperity?," PSL Quarterly Review, Economia civile, vol. 75(303), pages 355-383.
    4. Skott, Peter, 2021. "Fiscal policy and structural transformation in developing economies," Structural Change and Economic Dynamics, Elsevier, vol. 56(C), pages 129-140.
    5. Mario Cimoli & Jose Antonio Ocampo & Gabriel Porcile & Nunzia Saporito, 2020. "Choosing sides in the trilemma: international financial cycles and structural change in developing economies," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 29(7), pages 740-761, October.
    6. Marwil J. Dávila-Fernández & Serena Sordi, 2021. "Thirlwall's law: Binding-constraint or centre-of-gravity? A possible Kaleckian solution," Department of Economics University of Siena 853, Department of Economics, University of Siena.
    7. Jose Luis Oreiro & Vitor Antonio Ferreira Dotta & João Pedro Heringer Machado, 2021. "Uneven Development in a Kaldor-Pasinetti-Verspagen Model of Growth and Distribution," Working Papers PKWP2115, Post Keynesian Economics Society (PKES).
    8. Nassif, André & Morandi, Lucilene & Araújo, Eliane & Feijó, Carmem, 2020. "Economic development and stagnation in Brazil (1950–2011)," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 1-15.
    9. Carlos A. Ibarra & Robert A. Blecker, 2016. "Structural change, the real exchange rate and the balance of payments in Mexico, 1960–2012," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 40(2), pages 507-539.
    10. 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).
    11. Basil Oberholzer, 2021. "Managing commodity booms: Dutch disease and economic performance," PSL Quarterly Review, Economia civile, vol. 74(299), pages 307-323.
    12. Mendez-Guerra, Carlos, 2020. "Labor Productivity, Capital Accumulation, and Aggregate Efficiency Across Countries: New Evidence for an Old Debate," MPRA Paper 99268, University Library of Munich, Germany.
    13. Dávila-Fernández, Marwil J. & Sordi, Serena, 2019. "Path dependence, distributive cycles and export capacity in a BoPC growth model," Structural Change and Economic Dynamics, Elsevier, vol. 50(C), pages 258-272.
    14. José Luis Oreiro & Fabricio Missio & Frederico G. Jayme Jr., 2015. "Capital Accumulation, Structural Change and Real Exchange Rate in a Keynesian-Structuralist Growth Model," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 62(2), pages 237-256, June.
    15. Peter Skott, 2024. "Conflict inflation: Keynesian path dependency or Marxian cumulation?," Working Papers PKWP2406, Post Keynesian Economics Society (PKES).
    16. Abdallah, Ali, 2022. "Dépréciation réelle de la monnaie et croissance économique [Can real currency depreciation lead growth?]," MPRA Paper 113183, University Library of Munich, Germany.
    17. Moreira, Ricardo Ramalhete & Monte, Edson Zambon, 2020. "Reviewing monetary policy inertia and its effects: The fractional integration approach for an emerging economy," The Quarterly Review of Economics and Finance, Elsevier, vol. 78(C), pages 34-41.
    18. André de Melo Modenesi & Rui Lyrio Modenesi & José Luis Oreiro & Norberto Montani Martins, 2013. "Convention, interest rates and monetary policy: a post-Keynesian–French-conventions-school approach," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 10(1), pages 76-92.
    19. Blecker, Robert A. & Ibarra, Carlos A., 2013. "Trade liberalization and the balance of payments constraint with intermediate imports: The case of Mexico revisited," Structural Change and Economic Dynamics, Elsevier, vol. 25(C), pages 33-47.
    20. Weider Loureto Alves & Roberto Tatiwa Ferreira, 2023. "Phillips curve and the exchange rate pass-through: a time–frequency approach," Empirical Economics, Springer, vol. 64(5), pages 2165-2181, May.

    More about this item

    Keywords

    New-Developmentalism; Class Coalition; Bresser-Pereira;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pke:wpaper:pkwp2411. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jo Michell (email available below). General contact details of provider: https://edirc.repec.org/data/pksggea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.