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Local economic development: theory, evidence, and implications for policy in Brazil

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CEPESP_Barberia; Biderman.pdf (217.1Kb)
Date
2008
Author
Barberia, Lorena Guadalupe
Biderman, Ciro
Metadata
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Abstract
Local economic development policies have surged in Brazil over the past decade—a major shift in this regionally diverse country of 27 states, over 5,000 municipalities, and the largest economy in Latin America. We review the stylized facts, expected patterns and policy recommendations from the foundational studies in regional and urban economics. We then provide a summary of a more recent stream of scholarship focused on local economic development (LED) studies in developed and developing countries that have surged in the last 20 years. Based on this review, we then systemize the findings emerging from studies focused on analyzing local economic development policies in Brazil recognizing the distinctive contributions emerging from both the empirical and the case studies literatures. We identify key lessons for (and from) the Brazilian experience and conclude that Brazil and Latin American countries need a new generation of studies that undertake more rigorous evaluations of these policy experiments. Finally, we recommend steps to advance such research.
URI
http://hdl.handle.net/10438/19491
Collections
  • FGV CEPESP - Working Papers
Knowledge Areas
Economia
Subject
Latin America
Local economic development (LED)
Regional and urban economics
Sub-national policy
Brazil
Economia
Desenvolvimento econômico - Brasil
Desenvolvimento econômico - América Latina
Brasil - Política econômica
Economia regional
Economia urbana

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