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008 | 080818s2008 bl ||||gr |0|| 0 eng d | ||
100 | 1 |
_aLOPEZ G., Julio _935275 |
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245 | 1 | 0 |
_aResuming growth in Latin America : _bshort and long term policies |
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_aSão Paulo : _bEditora 34, _cjul./set. 2008 |
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520 | 3 | _aThe authors of this paper assert that the paralysis of the state generated by the crises of the 1970s and 1980s deprived the economies of the region of an important lever to resume and sustain growth. They thus maintain that to overcome stagnation it will be necessary to reconstruct the states capacity to implement pro-growth policies. Following Keyness and Kaleckis ideas, but also classical development economists, the authors argue, first, that short-term macroeconomic policies, to reduce unemployment and to increase the degree of capacity utilization, should be used to promote the generation of profits to firms and to wake up entrepreneurs animal spirits. Short-term expansionary policies should be coupled with measures to improve competitiveness and avoid balance of payments problems. They also claim that alternatives to the liberal programme will fail unless a pro-growth strategy is adopted which includes both short- and long-term policies. They thus propose that long-term policies must complete the package, signaling: a) sustained increases of effective demand in the future; and b) investment priorities to ensure that capacities will be created in strategic sectors and branches of the economy | |
590 | _av. 28, n. 3(111) | ||
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_aCARVALHO, Fernando J. Cardim de _926860 |
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773 | 0 | 8 |
_tRevista de Economia Política = Brazilian Journal of Political Economy _g28, 3, p. 392-413 _dSão Paulo : Editora 34, jul./set. 2008 _xISSN 01013157 _w |
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_a20080818 _b1423^b _cTiago |
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_a20140228 _b0937^b _ckarina |
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_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c27219 _d27219 |
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041 | _aeng |