The new developmentalism: an institutional contribution
The objective of this work is analyzing the New Developmentalism throughout the French Regulation School, Veblen’s institutionalism and the Neo-Schumpeterian Approach. It aims to demonstrate, also, that the New Developmentalism is an institution when it establishes a regulation (institutional forms) that considers the structural characteristics of the developing countries. This macroeconomic configuration, together with the mental habits of the agents should strengthen the market relation, the productive investment, the innovation and the technical progress. This last one should happen through open opportunities in technological revolution, to let the ‘catching up’ of the nation less developed.
JEL Classification: E02; O11; O43; B52.
Keywords: New Developmentalism, French regulation school, Veblen’s institutionalism, Neo-Schumpeterian