Topsy-Turvy Neo-Developmentalism: An Analysis of the Current Brazilian Model of Development

• Main Authors: Bruno Milanez, Rodrigo S. P. Santos
• Format: Article
• Language: English
• Published: Universidad de los Andes 2015-09-01
• Series: Revista de Estudios Sociales
• Subjects: Neo-developmentalism; neo-extractivism; development; Latin America.
• Online Access: http://res.uniandes.edu.co/view.php/1004/index.php?id=1004

The paper discusses the similarities and differences between neo-developmentalism and neo-extractivism. The evaluation compares Brazil with nine other Latin American countries and is based on a framework that considers both economic policies and their outcomes. On the policy side, it looks at income, monetary, international trade, industrial and mineral resource policies; on the outcome side, it observes the composition of both exports and the Gross Domestic Product. In the end, we argue that neo-developmentalism and neo-extractivism are actually variations of the same development route and may face similar challenges in the long term.