A keyword on the footer: the Furtadian and the (re)current meaning of structural reforms
ABSTRACT A semantic change has occurred in the scope of structural reforms’ term. This article reviews Celso Furtado’s work, in particular, the ones related to this specific topic, and compares it with the current literature. It appears that structural reforms in the Furtadian conception connoted ba...
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Format: | Article |
Language: | English |
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Editora 34
2022-01-01
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Series: | Brazilian Journal of Political Economy |
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Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572022000100105&tlng=en |
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author | Guilherme Silva Cardoso |
author_facet | Guilherme Silva Cardoso |
author_sort | Guilherme Silva Cardoso |
collection | DOAJ |
description | ABSTRACT A semantic change has occurred in the scope of structural reforms’ term. This article reviews Celso Furtado’s work, in particular, the ones related to this specific topic, and compares it with the current literature. It appears that structural reforms in the Furtadian conception connoted base transformations and were guided by the developmentalism school of thought. Nowadays, it is of general knowledge that, under the new-institutionalist influence, “structural reforms” are associated with liberal policies for monitoring fiscal consolidations, without consensus as to the power of effectiveness. The effort to rescue and understand the original conceptions of certain keywords in the economic development literature, as well as the way in which their interpretations and practices modify over time, is shown to be of paramount importance as the capitalist system struggle to find ways of adapting itself to the current situation of developing economies. |
first_indexed | 2024-04-11T15:33:16Z |
format | Article |
id | doaj.art-374fc2b620174caf912c48bf6a0677fc |
institution | Directory Open Access Journal |
issn | 1809-4538 |
language | English |
last_indexed | 2024-04-11T15:33:16Z |
publishDate | 2022-01-01 |
publisher | Editora 34 |
record_format | Article |
series | Brazilian Journal of Political Economy |
spelling | doaj.art-374fc2b620174caf912c48bf6a0677fc2022-12-22T04:16:05ZengEditora 34Brazilian Journal of Political Economy1809-45382022-01-0142110511210.1590/0101-31572021-3262A keyword on the footer: the Furtadian and the (re)current meaning of structural reformsGuilherme Silva Cardosohttps://orcid.org/0000-0002-0702-8992ABSTRACT A semantic change has occurred in the scope of structural reforms’ term. This article reviews Celso Furtado’s work, in particular, the ones related to this specific topic, and compares it with the current literature. It appears that structural reforms in the Furtadian conception connoted base transformations and were guided by the developmentalism school of thought. Nowadays, it is of general knowledge that, under the new-institutionalist influence, “structural reforms” are associated with liberal policies for monitoring fiscal consolidations, without consensus as to the power of effectiveness. The effort to rescue and understand the original conceptions of certain keywords in the economic development literature, as well as the way in which their interpretations and practices modify over time, is shown to be of paramount importance as the capitalist system struggle to find ways of adapting itself to the current situation of developing economies.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572022000100105&tlng=enCelso FurtadoStructural ReformsInstitutional ReformsDeveloping Economies |
spellingShingle | Guilherme Silva Cardoso A keyword on the footer: the Furtadian and the (re)current meaning of structural reforms Brazilian Journal of Political Economy Celso Furtado Structural Reforms Institutional Reforms Developing Economies |
title | A keyword on the footer: the Furtadian and the (re)current meaning of structural reforms |
title_full | A keyword on the footer: the Furtadian and the (re)current meaning of structural reforms |
title_fullStr | A keyword on the footer: the Furtadian and the (re)current meaning of structural reforms |
title_full_unstemmed | A keyword on the footer: the Furtadian and the (re)current meaning of structural reforms |
title_short | A keyword on the footer: the Furtadian and the (re)current meaning of structural reforms |
title_sort | keyword on the footer the furtadian and the re current meaning of structural reforms |
topic | Celso Furtado Structural Reforms Institutional Reforms Developing Economies |
url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572022000100105&tlng=en |
work_keys_str_mv | AT guilhermesilvacardoso akeywordonthefooterthefurtadianandtherecurrentmeaningofstructuralreforms AT guilhermesilvacardoso keywordonthefooterthefurtadianandtherecurrentmeaningofstructuralreforms |