Contributions of Classical and New Developmentalism

Abstract

In this paper I present the main contribution of classical developmentalism and
new developmentalism to economics and political economy. These theoretical frameworks
are complementary, not competitive, thus I don’t compare them, I only express a few critiques
of one to the other theory. In the case of new-developmental theory, the contributions
to economics are presented step by step. The paper rejects the usual critique that it is conservative;
on the contrary, it is progressive adopting the well-known tools to achieve the reduction
of inequality.

JEL Classification: O01; O04.