Neoliberalism or Developmentalism? The Political Economy of Brazil 2003–10
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This chapter aims to expand the analysis carried out in the previous chapter, as economic reform in Brazil has been about far more than macroeconomic accounts. Rather, ‘it has been an integral part of a longterm program of socio-political change accepted by vast swathes of the Brazilian political landscape’ (Burges, 2009: 196). The task of this chapter is twofold. Firstly, to analyse the broader political economy themes of Lulismo and expand the analysis into the realm of political economy, based on the evidence presented in the previous chapter. Second, to contextualise this political economy within the Developmental Regime framework, thus synergising with the evidence presented in Chapters 4 and 5 on Argentina, and providing a deeper empirical base for the main thesis of this book, that the political economy of the pink tide can be best framed and characterised within a Developmental Regime framework. Once complete, Part III will then consider the wider regional and global implications for the experiences of Latin America in a post-crisis context.
KeywordsPolitical Economy Monetary Policy Fiscal Policy Industrial Policy International Capital
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