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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Off the mark: the misguided policies of Washington economists

Luiz Carlos Bresser-Pereira

Harvard International Review, 15 (1) Fall 1992: 8-11.


The crisis that Latin America and Eastern Europe face today cannot be explained simply by the absence of fiscal discipline and excess state intervention that the Washington consensus affirms. When the costs involved in a given economic policy become excessive, the decision not to adopt the policy is rational rather than political. Reforms that are ineffficient are irrational.


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