The Brazilian development in the nineties - myths, circles, and structures

The article argues that theories of economic development are metaphors which have a strong mythical content, albeit unacknowledged by social scientists. The policies derived from such theories have two agendas: a 'positive' agenda that states which problems should be tackled and how; and a...

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Main Author: Fabio Stefano Erber
Format: Article
Language:English
Published: Universidade Federal de Minas Gerais 2002-01-01
Series:Nova Economia
Subjects:
Online Access:http://www.face.ufmg.br/novaeconomia/sumarios/v12n1/v12n1erber.pdf
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author Fabio Stefano Erber
author_facet Fabio Stefano Erber
author_sort Fabio Stefano Erber
collection DOAJ
description The article argues that theories of economic development are metaphors which have a strong mythical content, albeit unacknowledged by social scientists. The policies derived from such theories have two agendas: a 'positive' agenda that states which problems should be tackled and how; and a 'negative' agenda that contains issues and policies to be avoided. This approach is used to interpret the hegemonic view of development, as stated by the Washington Consensus, showing that such view contains all ingredients of a millenary myth - the crossing of the Desert towards a Promised Land. The two agendas of this view of development, which have ruled the Brazilian development strategy of the second half of the nineties, are then analyzed as applied to the Brazilian case. Finally, the article discusses alternative approaches to the present view of development, arguing for open-ended metaphors, as expressed by the Ulysses myth.
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spelling doaj.art-cfdc57b488cc4969b7672d9d30670a1a2022-12-22T03:46:35ZengUniversidade Federal de Minas GeraisNova Economia0103-63512002-01-011211137The Brazilian development in the nineties - myths, circles, and structuresFabio Stefano ErberThe article argues that theories of economic development are metaphors which have a strong mythical content, albeit unacknowledged by social scientists. The policies derived from such theories have two agendas: a 'positive' agenda that states which problems should be tackled and how; and a 'negative' agenda that contains issues and policies to be avoided. This approach is used to interpret the hegemonic view of development, as stated by the Washington Consensus, showing that such view contains all ingredients of a millenary myth - the crossing of the Desert towards a Promised Land. The two agendas of this view of development, which have ruled the Brazilian development strategy of the second half of the nineties, are then analyzed as applied to the Brazilian case. Finally, the article discusses alternative approaches to the present view of development, arguing for open-ended metaphors, as expressed by the Ulysses myth.http://www.face.ufmg.br/novaeconomia/sumarios/v12n1/v12n1erber.pdfmythseconomic policyinstitutional changeproductive structurehistory
spellingShingle Fabio Stefano Erber
The Brazilian development in the nineties - myths, circles, and structures
Nova Economia
myths
economic policy
institutional change
productive structure
history
title The Brazilian development in the nineties - myths, circles, and structures
title_full The Brazilian development in the nineties - myths, circles, and structures
title_fullStr The Brazilian development in the nineties - myths, circles, and structures
title_full_unstemmed The Brazilian development in the nineties - myths, circles, and structures
title_short The Brazilian development in the nineties - myths, circles, and structures
title_sort brazilian development in the nineties myths circles and structures
topic myths
economic policy
institutional change
productive structure
history
url http://www.face.ufmg.br/novaeconomia/sumarios/v12n1/v12n1erber.pdf
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AT fabiostefanoerber braziliandevelopmentintheninetiesmythscirclesandstructures