Decadent Developmentalism: The Political Economy of Democratic Brazil - Image 1

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Cambridge University Press Decadent Developmentalism: The Political Economy of Democratic Brazil

Name: Decadent Developmentalism: The Political Economy of Democratic Brazil
Brand: Cambridge University Press
Price: 68.07 GBP
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Economic Policy & Development

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Description

Brazil features regularly in global comparisons of large developing economies. Yet since the 1980s, the country has been caught in a low-level equilibrium, marked by lackluster growth and destructive inequality. One cause is the country's enduring commitment to a set of ideas and institutions labelled developmentalism. This book argues that developmentalism has endured, despite hyperactive reform, because institutional complementarities across economic and political spheres sustain and drive key actors and strategies that are individually advantageous, but collectively suboptimal. Although there has been incremental evolution in some institutions, complementarities across institutions sustain a pattern of 'decadent developmentalism' that swamps systemic change. Breaking new ground, Taylor shows how macroeconomic and microeconomic institutions are tightly interwoven with patterns of executive-legislative relations, bureaucratic autonomy, and oversight. His analysis of institutional complementarities across these five dimensions is relevant not only to Brazil but also to the broader study of comparative political economy.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 1108842283
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Policy & Development
Domain: Amazon UK
Publication Date: 12 November 2020
Listed Since: 05 May 2020

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Cambridge University Press Decadent Developmentalism: The Political Economy of Democratic Brazil

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