Chapter Ten: Does the liberal policy regime condemn Latin America to quasi-stagnation?
Luiz Carlos Bresser-Pereira
1
, Carmem Feijó
2
, and Eliane Cristina Araújo
3
1
Getúlio Vargas Foundation, São Paulo, SP, Brazil
2
Fluminense Federal University, Niterói, RJ, Brazil
3
State University of Maringã, Maringá, PR, Brazil
Abstract
Police regimes are incompatible with economic growth because liberal economists do not see industrialization as a condition for economic development; because they pressed for trade liberalization, ignoring that the import tariffs were a way of neutralizing the Dutch disease; because they do not see that the growth with foreign indebtedness policy as well as the use of the exchange rate as an anchor ...
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