THE ECONOMICS OF NEW DEVELOPMENTALISM: A CRITICAL ASSESSMENT

IF 0.6 4区经济学 Q4 ECONOMICS

Investigacion Economica Pub Date : 2021-06-30 DOI:10.22201/fe.01851667p.2021.317.79804

T. Palley

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引用次数: 5

Abstract

This paper critically assesses the economics of New Developmentalism (ND). It begins by identifying and formalizing the principal components of ND which are identified as neutralizing Dutch disease, ending growth with foreign saving, development driven by a technologically advanced and internationally competitive manufacturing private sector, and getting macroeconomic prices right. It then examines four strands of critique consisting of internal economic logic critiques, Classical Developmentalism (CD) critiques, Keynesian and Neo-Kaleckian critiques, and the fighting the last war critique. To this author, ND is best understood as a Third Way styled analysis that blends CD heterodoxy and Neoliberalism. However, ND’s substantive policy recommendations lean in the Neoliberal direction, particularly as regards budget deficits and state intervention in the development process. From a Classical Development perspective, the problematic of development cannot be solved as easily as suggested by ND. LA ECONOMIA DEL NUEVO DESARROLLISMO: UNA EVALUACION CRITICA RESUMEN En este articulo evaluo de forma critica la economia del nuevo desarrollismo (ND). Comienza por identificar y formalizar los principales componentes del ND descritos por la neutralizacion de la enfermedad holandesa, la eliminacion del crecimiento con ahorro externo, el desarrollo motivado por un sector manufacturero privado tecnologicamente avanzado y competitivo a nivel internacional y el establecimiento de precios macroeconomicos correctos. Posteriormente examino cuatro aspectos consistentes en la critica de la logica economica interna, la critica del desarrollismo clasico (DC), las criticas keynesiana y neokaleckiana y la lucha de la critica de la ultima guerra. El ND se entiende mejor como un analisis estilizado de tercera via que combina heterodoxia y neoliberalismo. Sin embargo, sus recomendaciones de politica sustantivas se inclinan en direccion neoliberal, en particular en lo que se refiere a los deficit fiscales y a la intervencion del Estado en el proceso de desarrollo. Desde la perspectiva del desarrollo clasico, la problematica del desarrollo no puede resolverse de forma tan facil como sugiere el ND.

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新发展主义的经济学:一个批判性的评估

本文批判性地评价了新发展主义经济学。首先，确定并正式确定新发展战略的主要组成部分，即消除荷兰病，以外国储蓄结束增长，由技术先进和具有国际竞争力的制造业私营部门推动发展，以及使宏观经济价格合理。然后，它考察了四股批评，包括内部经济逻辑的批评，古典发展主义(CD)的批评，凯恩斯主义和新卡列克的批评，以及最后一场战争的批评。对这位作者来说，ND最好被理解为第三条道路风格的分析，混合了CD异端和新自由主义。然而，民主党的实质性政策建议倾向于新自由主义方向，特别是在预算赤字和国家对发展过程的干预方面。从古典发展的角度来看，发展问题并不像ND所建议的那样容易解决。LA ECONOMIA DEL NUEVO DESARROLLISMO: unityevaluationcritical resume(新DESARROLLISMO:新DESARROLLISMO)。经济发展的基本要素是经济发展的基本要素，经济发展的基本要素是经济发展的基本要素，经济发展的基本要素是经济发展的基本要素，经济发展的基本要素是经济发展的基本要素，经济发展的基本要素是经济发展的基本要素，经济发展的基本要素是经济发展的基本要素，经济发展的基本要素是经济发展的基本要素，经济发展的基本要素是经济发展的基本要素。后世对微观方面的考察与国际逻辑经济学的批判、古典经济学的批判、凯恩斯主义的批判与新经济学的批判、终极经济学的批判是一致的。新自由主义与异质主义的结合，为新自由主义的发展提供了一种新的视角。因此，我们的建议似乎倾向于新自由主义的方向，特别是在通过对国家和经济发展进程的干预来弥补财政赤字的问题上。Desde la perspectiva del举行desarrollo la problematica del desarrollo没有测试resolverse形式tan facil科莫sugiere el ND。

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来源期刊

Investigacion Economica ECONOMICS-

CiteScore

1.00

自引率

0.00%

发文量

期刊介绍： It is a specialized journal, bilingual (Spanish and English), plural and critical, which accepts and publishes scientific research articles in national and international economy. It is considered a public good that belongs to the University and society. Its vocation is to analyze the evolution of the theoretical and practical economics. In its pages the paradigms of economics, history of economic thought, the theories and debates about economic policy and its consequences, the diagnosis of the Mexican economy, the economic development of Latin America and the problems spread the world economy in general. It is a journal that does not discriminate plural none paradigm; theoretical orientation is unorthodox for epistemological reasons, not ideological preferences.