New developmentalism, economic growth and macroeconomic policy regimes
CLASS COALITIONS AND POLITICAL PACTS
New developmentalism, economic growth and macroeconomic policy regimes
José Luis da Costa Oreiro
Estudos Avançados 26 (75), 2012: 29-
A new-developmental strategy requires an active exchange rate policy, which keeps the real exchange rate in a competitive level in the long-term, combined with responsible fiscal policy.