Orthodoxy and heterodoxy in the economy: a debate about the consequences of the act that limits brazilian public spending
This paper provides an analysis of the debate between orthodox and heterodox Economists about the limit imposed on Brazilian public spending, which was proposed by the Government in 2016. The aim is to indicate the consequences of this act for the two groups of Economists. Orthodox economists attrib...
Guardado en:
| Autor principal: | |
|---|---|
| Formato: | Artículo publishedVersion Artigo Avaliado pelos Pares |
| Lenguaje: | Portugués |
| Publicado: |
Departamento de Economia
2018
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| Materias: | |
| Acceso en línea: | https://periodicos.fclar.unesp.br/iniciativa/article/view/9598 http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=br/br-048&d=article9598oai |
| Aporte de: |
| id |
I16-R122-article9598oai |
|---|---|
| record_format |
dspace |
| institution |
Consejo Latinoamericano de Ciencias Sociales |
| institution_str |
I-16 |
| repository_str |
R-122 |
| collection |
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) |
| language |
Portugués |
| topic |
Economic methodology; Orthodoxy; Heterodoxy; Pluralism; Public sector deficit; Brazil; Metodologia econômica; Ortodoxia; Heterodoxia; Pluralismo; Déficit fiscal; Brasil; |
| spellingShingle |
Economic methodology; Orthodoxy; Heterodoxy; Pluralism; Public sector deficit; Brazil; Metodologia econômica; Ortodoxia; Heterodoxia; Pluralismo; Déficit fiscal; Brasil; Hegele, Fabiane Orthodoxy and heterodoxy in the economy: a debate about the consequences of the act that limits brazilian public spending |
| topic_facet |
Economic methodology; Orthodoxy; Heterodoxy; Pluralism; Public sector deficit; Brazil; Metodologia econômica; Ortodoxia; Heterodoxia; Pluralismo; Déficit fiscal; Brasil; |
| description |
This paper provides an analysis of the debate between orthodox and heterodox Economists about the limit imposed on Brazilian public spending, which was proposed by the Government in 2016. The aim is to indicate the consequences of this act for the two groups of Economists. Orthodox economists attribute the government's excessive spending to the public deficit and, in order to alleviate it, advocate cutbacks in spending. On the other hand, according to the heterodox analysis, the fiscal deficit of the Brazilian economy refers to a revenue problem, and it needs to be increased through tax collection to mitigate the deficit. Heterodox economists argue that the restriction on spending, as well as investment, advocated by the orthodox harms the economy, mainly due to the multiplier linked to public spending that is significant. It deduces that the debate among these two Economists groups is in accordance with the principles of the groups indicated in the literature. It understands that this dispute makes it impossible to reach a consensus about the consequences of the act that limits public spending and it suggests the adoption of the pluralist method in order to appease the debate. |
| format |
Artículo publishedVersion Artigo Avaliado pelos Pares Artículo publishedVersion Artigo Avaliado pelos Pares |
| author |
Hegele, Fabiane |
| author_facet |
Hegele, Fabiane |
| author_sort |
Hegele, Fabiane |
| title |
Orthodoxy and heterodoxy in the economy: a debate about the consequences of the act that limits brazilian public spending |
| title_short |
Orthodoxy and heterodoxy in the economy: a debate about the consequences of the act that limits brazilian public spending |
| title_full |
Orthodoxy and heterodoxy in the economy: a debate about the consequences of the act that limits brazilian public spending |
| title_fullStr |
Orthodoxy and heterodoxy in the economy: a debate about the consequences of the act that limits brazilian public spending |
| title_full_unstemmed |
Orthodoxy and heterodoxy in the economy: a debate about the consequences of the act that limits brazilian public spending |
| title_sort |
orthodoxy and heterodoxy in the economy: a debate about the consequences of the act that limits brazilian public spending |
| publisher |
Departamento de Economia |
| publishDate |
2018 |
| url |
https://periodicos.fclar.unesp.br/iniciativa/article/view/9598 http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=br/br-048&d=article9598oai |
| work_keys_str_mv |
AT hegelefabiane orthodoxyandheterodoxyintheeconomyadebateabouttheconsequencesoftheactthatlimitsbrazilianpublicspending AT hegelefabiane ortodoxiaeheterodoxianaeconomiaumdebatesobreasconsequenciasdapecdotetodosgastospublicos |
| bdutipo_str |
Repositorios |
| _version_ |
1764820440171151363 |