This is a personal account of the definition of "new developmentalism" - a national development strategy alternative to the Washington consensus -, and of a "structuralist development macroeconomics": the sum of models that justifies theoretically that strategy. It is personal account of a...

This paper, first, summarizes Latin American structuralism, and offers reasons why it was so influential and durable in the region. Second, it points out why structuralism was unable to keep pace with historical new facts, particularly with the industrial revolution or take-off, that made Latin...