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Articles • Rev. Econ. Polit. 37 (2) • Apr-Jun 2017 • https://doi.org/10.1590/0101-31572017v37n02a03 linkcopy

Open-access Alternate paths to economic development:a comparative analysis of Brazil and India in the era of neoliberalism 1

Caminhos alternativos ao desenvolvimento econômico: uma análise comparativa entre Brasil e India na era do neoliberalismo

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    ABSTRACT

    This paper compares and contrasts Brazilian and Indian strategies of development during the era of neo-liberalism from a long period perspective. The Brazilian economy has attempted to combine the goals of redistribution and social equity with the goals of growth and productivity. India on the other hand has pursued a growth maximizing approach to development, while paying little or no attention to the larger goals of human well-being. The article seeks to understand the dynamics of economic change in the two economies and attempts to draw out the institutional and political factors that have influenced these approaches.

    KEYWORDS: Neoliberalism; Human Development; Brazil, India

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