Abstract

The private sector is constituted by the executing agents of economic activity in the production of goods and services. In the free market economy, these agents can be inhibited when economic variables become slow, especially in lapses resulting from destabilizing internal, economic adjustments or by impacts from external effects, as are currently experimenting with the global crisis. However, there is no denying that with the presence of the Keynesian state, the private sector can be encouraged through public policy intervention in order to rearrange the factors while meeting the social interest for the economic progress, full employment and multiple benefits. The present article is based on Keynesian theory and seeks to explain the response which the private sector can offer to these government policies, with reference to the program for the acceleration of growth (PAC) and its functioning in Brazil. This intervention program is applied today in the northeast of Brazil and it is analyzed by the critical method with procedures common to this form of research. As a result bring the comprovation of the validity of keynesianism on convergence which restores the experience of economic success, as a reaction from the private sector to integrated development.

Key words: Economic development, Keynesian theory, economic policies, public administration and strategy.