The Political Construction of Brazil

2017. An encompassing analysis of Brazil’s society, economy and politics since the Independence. A national-dependent interpretation. Three historical cycles of the relation state-society: State and Territorial Integration Cycle (1822-1929), Nation and Development Cycle (1930-1977) and Democracy and Social Justice Cycle (1977-2010). Crisis since then. (Book: Lynne Rienner Publishers)

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Macroeconomia Desenvolvimentista

2016. With José Luis Oreiro e Nelson Marconi. Our more complete analysis of Developmental Macroeconomics – the central economic theory within New Developmentalism. (book)

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A fragilidade que nasce da dependência da poupança externa

Luiz Carlos Bresser-Pereira

Valor 1000, 2001.


The central problem that the Brazilian economy faces is its external fragility, not inflation nor the lack of a industrial policy. In order to resume growth Brazil should count with its own savings. Growth with foreign savings evaluates the real, and stimulates consumption instead of investment.


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