ABSTRACT
This paper draws upon Bresser-Pereira and Nakano (2003)BRESSER-PEREIRA, L.C. and NAKANO, Y. (2003) “Crescimento Econômico com Poupança Externa?”, Brazilian Journal of Political Economy 23 (2) (90): 3-27., in order to outline a pro-poor growth strategy for middle-income countries. This strategy avoids the pitfalls of the neoliberal model implemented in several countries in the aftermath of the 1982 international debt crisis, and is conducive to income distribution and sustainable growth simultaneously.
KEYWORDS:
Pro-poor policy; neoliberalism; macroeconomics; poverty; welfare