Publication Details

G. Garcia, 'Brazil's economic success: between the classic and the new developmental state models' (Paper presented at the Legal Intersections Research Centre Seminar: The Critical Turn in Law and Development in Latin America: A Review of the Current State of Affairs (2000-2013), Wollongong, Australia, 23 Oct 2013).

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Legal Intersections Research Centre


In the aftermath of the Asian financial crisis, developing countries began questioning the neo-liberal development paradigm embedded in the so-called ‘Washington Consensus’ sponsored by international financial institutions such as the World Bank and the International Monetary Fund (IMF). The debate was reopened to discuss not only about which economic model was most suitable to promote development but also the role of the government and law in the development process.