ACKNOWLEDGEMENTSLIST OF TABLES AND FIGURESINTRODUCTION Political Economy and Development The Political Economy of Brazil Part 1: Essays on Economic Development ESSAYS1: Moving Beyond the Washington Consensus: Pro-Poor Macroeconomic Policies Introduction Policy Principles and Constraints Pro-Poor Macroeconomic Policy Instruments Growth and Investment Fiscal Policy and Public Investment Employment and Productivity The External Sector Social Programmes Conclusion2: Addressing Growth, Poverty and Inequality: From the Washington Consensus to Inclusive Growth Introduction Early Poverty Debates The Washington Consensus The Post-Washington Consensus The Pro-Poor Policy Debates Policy Shift at the World Bank? Inclusive Growth and its Limitations Conclusion3: The ''Rise of the South'' and the Troubles of Global Convergence Long-Term Patterns of Growth Development in the Age of Neoliberalism Convergence after the Crisis Drivers of Convergence Global Trade and Production Networks Beyond ''Flying Geese'' Industrial Policy and Manufacturing Growth Decoupling at Last? Conclusion4: Resource Curses, Diseases and Other Confusions Introduction Curses and Diseases The Hypotheses Weaknesses of the ''Resource Curse'' Hypothesis What Needs Explaining? Analytics of the Dutch Disease The Disease as Such Reviewing the Model Economic Policy beyond Diseases and Curses Balance of Payments Management Exchange Rate Policy Fiscal Policy Monetary and Financial Policy Industrial and Employment Policy Conclusion5: The Rise and Fall of Structuralism and Dependency Theory Latin American ISI Structuralism Principles Structuralist Economic Policies Critiques of Structuralism The Neoclassical Critique The Left Critique Dependency Theory Intellectual Sources and Features Critiques of Dependency Theory Structuralism Monopoly Capital Conclusion6: The Political Economy of Neoliberalism in Latin America ISI and its Limits The Neoliberal Transition The Impact of Neoliberalism Conclusion7: The Seeds of Disaster: Socialism, Agrarian Transition and Civil War in Mozambique Introduction Independence, Crisis, and the Collectivisation of Agriculture The Peasantry and Colonial Agriculture Independence and the Collectivisation of Agriculture Modernist Marxism and the Mozambican Revolution Modernist Marxism: An Overview Modernist Marxism and the Transformation of Mozambican Agriculture Peasant Resistance Collective Agriculture: An Overview Land Conflicts Income Conflicts Labour Conflicts Conclusion: Peasant Resistance and the Collapse of Collective Agriculture Part 2: Essays on the Political Economy of Development in Brazil 8: The Costs of Neomonetarism and the Brazilian Economy in the 1990s Introduction Neomonetarist Perspectives Neomonetarism in Brazil Growth and Crisis Industrial Restructuring Fiscal and Financial Crisis Currency Crisis Conclusion9: Inflation and Stabilisation in Brazil Conflict, Money and Inflation Conflict Inflation Extra Money Inflation Currency Reproduction and Fragmentation Inflation and Monetary Crisis in Brazil Conflict Inflation in Brazil Extra Money Inflation and Currency Fragmentation The Real Plan Curbing High Inflation Shift and Repression of the Distributive Conflict and Limits to the Creation of Extra Money Vulnerability of the Real Conclusion10: Neoliberalism in Lula''s Brazil: Strategic Choice, Economic Inevitability or Schizophrenia? Introduction The Losers'' Alliance Lula''s Neoliberal Shift The Economic Stranglehold of Neoliberalism ''Left Neoliberal'' Economic Policy Policy Schizophrenia The 2004 Local Elections Conclusion11: Neodevelopmentalism and Economic Policy-Making under Dilma Rousseff Introduction The Emergence of Neodevelopmentalism Implementing Neodevelopmentalist Policies The Impact of Neodevelopmentalism Conclusion12: Mass Protests in Brazil: The Events of June-July 2013 Introduction The Events of June-July Sobering Lessons (2) The social and political isolation of the government: Conclusion13: Development Strategies and Social Change in Brazil Introduction From Import-Substitution to Neoliberalism The Bourgeoisie The Working Class The Informal Proletariat The Middle Class The Lumpenisation of Politics and the Facebookisation of Protest Conclusion14: Social Policy for Neoliberalism: The Bolsa Família Programme Introduction Poverty, Inequality and Social Policy in Brazil Social Policy under Neoliberalism: The Irresistible Rise of Bolsa Família Limitations of PBF Gains beyond Social Policy Moving Forward Conclusion15: The Travails of the PT and R ise of the ''New-Right'' in Brazil Lula I Lula II Dilma Rousseff I Dilma Rousseff II The Brazilian ''New Right'' and its Limitations Conclusion16: State and Power in Brazil The Power Bloc Political Forces The Political Regime Contradictions in the State Bureaucracy The Brazilian Development Bank, Petrobras, and the Internal Bougeoisie The Judiciary, the Internationalised Bourgeoisie, and the Upper Middle Class Conclusion17: Brazilian Democracy Confronts Authoritarian Neoliberalism Introduction Global Shifts Cycles of the Left Authoritarian Neoliberalism in Practice Conclusion18: Varieties of Neoliberalism in Brazil, 2003-2020 Introduction From Modes of Production to Systems of Accumulation The Main SoAs in Brazil The Case of Neoliberalism The Neodevelopmentalist Alternative Neoliberalism in Brazil The Economic Transition to Neoliberalism Inclusive Neoliberalism Developmental Neoliberalism under Lula Developmental Neoliberalism under Dilma Rousseff Authoritarian Neoliberalism ConclusionREFERENCESINDEX.
Growth and Change in Neoliberal Capitalism : Essays on the Political Economy of Late Development