Published in 1997, an analysis of the regional development problem in Brazil from a monetary perspective. The author deals with the vicious circles generated in a country with strong regional disparities, emphasizing the link between real and financial problems. Some elements of dependency theory and of post-Keynesian monetary theory are adopted to create a new model which can cope with both financial and real problems in the same framework. State policies for the regions are also examined and the study finds that they are inadequate in the prevention of the vicious circles which lead to disparate regional growth.
Table of Contents
Part 1: Heterodox Theories of Regional Development 1. Uneven Patterns of Regional Development: Some Heterodox Interpretations 2. Money, Finance, Financial System and Uneven Patterns of Development Part 2: Some Notes on the Regional Economic History of Brazil 3. Some Notes on the Regional Economic History of Brazil Part 3: The Regions Under the Import Substation Process 4. The Real Side of the Regional Economies in the Import Substitution Phase 5. The Financial System Part 4: State Intervention and the Regions: The Period 1960-1900 6. Structural Changes in the Real Side of the Regional Economies 7. The Financial System: 1960-1990.