Luiz Carlos Bresser-Pereira Jan Kregel Leonardo Burlamaqui
The 2008 global financial crisis took the world by surprise, not least because politicians, businessmen and economists believed that they had learned crucial lessons from the Great Depression of the 1930s. As a direct result of deregulated financial markets, financial crises occurred in both developed and developing economies. However, this volume argues that in the most recent crisis developing countries suffered less, and that financial policy and regulation played a crucial part in this.
The contributors to this volume explore the alternative development paradigm that has been...
The 2008 global financial crisis took the world by surprise, not least because politicians, businessmen and economists believed that they had learn...
Luiz Carlos Bresser-Pereira Jose Luis Oreiro Nelson Marconi
This volume consolidates the ideas that a group of post Keynesian and structuralist economists have been developing since the turn of the century, principally in Brazil. These ideas relate both to 'new developmentalism' - an alternative national development strategy to the neoclassical Washington Consensus, and which gives the state a strategic role in promoting economic growth - and to a collection of new and systematic models that combine modern post Keynesian macroeconomics with an updated development economics in which the exchange rate plays a key role.
This volume consolidates the ideas that a group of post Keynesian and structuralist economists have been developing since the turn of the century, pri...