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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Os limites da política econômica

Luiz Carlos Bresser-Pereira

Revista de Economia Política 8(3), julho-setembro 1988: 5-21.


Since World War II the importance of economic policy did not stop increasing. Even conservative economists do not deny its relevance. But its economic and political limits are very clear, beginning with a basic limit: the principle of rationality. Economic policy should follow the rationality principle, but ideological constraints in the right and the left, and the limitations of economic theory make such rationality problematic. The author discusses these limits using his personal experience.


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