O ESTADO “FINANCEIRAMENTE FORTE” DO NOVO-DESENVOLVIMENTISMO: custos e benefícios da “mão visível”

• Main Author: Fagner Cordeiro Dantas
• Format: Article
• Language: English
• Published: Universidade Federal do Maranhão 2013-01-01
• Series: Revista de Políticas Públicas
• Subjects: industrial policy; new; developmentalism; state; economy; lula’s government
• Online Access: http://www.redalyc.org/articulo.oa?id=321129418007

This paper discusses the idea of “financially strong state," proposed by Luiz Carlos Bresser-Pereira, in the context of his project, launched in 2003, the construction of a New-Developmental State. Analyzing how this state would act, Bresser-Pereira dispenses special attention to what he calls "financially strong state" in comparison with the productively strong state, which would have prevailed during the original Developmentalism period(1930-1970). To probe the evaluation of this idea, after presenting it, it searches to contrast to the actual results obtained by one of its most characteristic embodiments, the Industrial, Technological and Foreign Trade Policy (PITCE). Within this, it narrows the analysis to the four strategic sectors chosen to receive differentiated financial treatment (exemptions and subsidies): software, semiconductors, pharmaceuticals and capital goods. Based on its results, It is possible to evaluate the limits and possibility of the increase of development through that "visible hand" of the state in the national economy.