*ECONOMIC reform, *BUSINESS cycles, *ECONOMIC policy, *ECONOMIC recovery, *PUBLIC welfare policy, *ECONOMIC expansion, *ECONOMIC development, ECONOMIC conditions in Brazil
Abstract
One of the merits of contemporary economic analysis is its capacity to offer accounts of choice behavior that dispense with details of the complex decision machinery. The starting point of this paper is the concern with the important methodological debate about whether economics might offer accurate predictions and explanations of actual behavior without any reference to psychological presuppositions. Inspired by an exercise of rational reconstruction of ideas, I aim to offer an interpretation of the process of freeing economic analysis from psychology at the end of the 19th century and the contemporary resurrection of behavioral approaches in the late 1980s. [ABSTRACT FROM AUTHOR]
Fonseca, Pedro Cezar Dutra and Monteiro, Sergio Marley Modesto
Subjects
*FINANCIAL liberalization, *ECONOMIC development, *ECONOMIC activity, *BUSINESS cycles, *ECONOMIC policy, *ECONOMIC indicators, ECONOMIC conditions in Brazil, BRAZILIAN politics & government
Abstract
The State and its reasons: the 2nd PND. This paper intends to contribute to the debate on the reasons why the Geisel administration (1974-78) chose — as it faced an adverse conjuncture — an accelerated growth agenda which was materialized in the 2nd PND (National Development Plan). In order to do so, it resorts to a methodological definition which is based upon an institutionalist approach and favors the interaction between the political and the economic variables. Contradicting the literature that interprets the strong presence of the State and the regional decentralization of the 2nd PND as signs of neopatrimonialism, it is advocated that this category of analysis is inadequate to explain the government's choice, although this aspect is embedded in the Brazilian social-historical formation. The political rationality of the plan must be investigated in the conjuncture itself, marked by the liberalization project, which does not clash with the plan's economic rationality — on the contrary, it is complemented by it. [ABSTRACT FROM AUTHOR]