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Models of the developmental state

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Models of the developmental state

Author: Bresser Pereira, Luiz Carlos Physical Description: páginas. 35-47 Date: August 2019 ECLAC symbol: LC/PUB.2019/11-P

Description

This paper seeks to understand the developmental state and its historical role in industrial revolutions and afterwards. First, the developmental state is defined as an alternative to the liberal state. Second, it is argued that industrial revolutions have always taken place within the framework of a developmental state. Third, four models of developmental states are defined according to the point in time at which the industrial revolution took place and the central or peripheral character of the country. Fourth, the paper describes how the state withdraws partially from the economy after the industrial revolution, but the developmental state continues to have a major role in directing industrial policy and in conducting an active macroeconomic policy.