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Brazilian Journal of Political Economy

Print version ISSN 0101-3157


CORONEL, Daniel Arruda; AZEVEDO, André Filipe Zago de  and  CAMPOS, Antônio Carvalho. Industrial policy and economic development: a review of the contemporary debate. Rev. Econ. Polit. [online]. 2014, vol.34, n.1, pp.103-119. ISSN 0101-3157.

Industrial policy and economic development: a review of the contemporary debate. This paper discusses the importance of the industrial policy for the Brazilian economic development. It presents the theoretical foundations and the main international experiences about this theme. Besides it examines the main industrial policies adopted in Brazil, especially in recent years. Based on this discussion, it is possible to note that despite the criticisms against this policy, they were widely used by many developed countries in the past and also played an important role, contributing to increase the industrial growth in Brazil. However, the recent Brazilian industrial policies were not so efficient, especially when compared with those adopted during most of the 20th century.

Keywords : industrial policy; economic development; Brazilian economy.

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