000			03423nam a2200313 4500
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008			170606s20152015xxud gr 001 0 eng d
020			_a9780415817783
040			_aDO-SdBDB _bspa _cDO-SdBDB
041			_aeng
043			_an-us-ny
050			_aHD 75 _b.D48 2015
100			_aBresser-Pereira, Luiz Carlos.
245			_aDevelopmental macroeconomics : _bnew developmentalism as a growth strategy / _cLuiz Carlos Bresser-Pereira, José Luís Oreiro and Nelson Marconi.
260			_aNew York : _bRoutledge, _c2015.
300			_axx, 187 páginas : _bilustraciones, gráficas a blanco y negro ; _c24 cm.
490			_aRoutledge studies in development economics ; _v114
505			_aList of figures, XV -- _tList of tables, xvi -- _tPreface, xvii -- _tPart I. Growth and constraints, 1 -- _tTheoretical traditions and the method, 3 -- _t2. Some definitions and productive sophistication, 12 -- _t3. Demand-led growth, 20 -- _t4. Foreign constraint, 31 -- _t5. Value and price of the exchange rate, 40 -- _t6. Overvaluation and access to the markets, 49 -- _t7. The Dutch disease, 56 -- _t8. Domestic, not foreign savings, 74. 9. Inflation, interest, and exchange rate appreciation, 84 -- _t10. Balance-or-payment crises, 99 -- _t11. The closing or the model, 111 -- _tPart II. Policy making, 121 -- _t12. Wage, export, or balanced-led?, 123 -- _t13. Neutralizing the Dutch disease, 135 -- _t14. Exchange rate policy, 150 -- _t15. The transition to a high-development regime, 156 -- _t16 Political economy of the once-and-for-all devaluation, 164 -- _t17. Comparing and summing up. Development strategy, 171 -- _tReferences, 180 -- _tIndex, 185.
520	3		_aDevelopmental Macroeconomics: Access to Demand, the Exchange Rate and Growth offers a new approach to development economics and macroeconomics. It is a Keynesian-structuralist approach to economics applied to middle income countries that emphasizes the strategic role of demand in creating investment opportunities that are essential to economic development. It also explores crucial links between short-term full employment and financial stability with medium term growth. While this book emphasizes the central role played by the exchange rate it does not ignore other macroeconomic prices (the interest rate, the inflation rate and the profit rate). It develops a group of concepts and models and blends them together in the model of the tendency to the cyclical overvaluation of the exchange rate in developing countries. According to this model, the exchange rate tends to be chronically overvalued. In so far that this is true the exchange rate ceases to be just a short-term problem to be treated by macroeconomics and becomes central to development economics and should be crucially oriented to manage the exchange rate and keep it competitive at the industrial equilibrium level. The book closes with the presentation of new developmentalism - a national development strategy based on the system of models previously discussed that is both an alternative to old national-developmentalism and to liberal orthodoxy or the Washington consensus.
650			_aDesarrollo económico.
650			_aTipo de cambio.
650			_aMacroeconomía.
651			_aPaíses en desarrollo.
700			_aOreiro, José Luis.
700			_aMarconi, Nelson.
830			_aRoutledge studies in development economics.
942			_cCG
999			_c71829 _d71829