Texto para Discussão, Instituto de Pesquisa Econômica Aplicada (IPEA) 1346
This paper aims to outline the basis for a development strategy for Brazil. Therefore, it starts from some basic premises. First, there will be no development without social mobilization. Second, development is a planning result, in which the Government plays a key role. Besides, a development strategy must be consisted of three parts, at least: the description of the Brazil we want, the definition of a macroeconomic policy in order to reach it, and a set of public policies to accomplish broad social goals. Finally, the paper outlines some macroeconomic interventions necessary to achieve the proposed goals: low interest rate monetary policy, exchange rate policy to promote economic growth, and a fiscal policy in the Keynesian tradition.