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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Papers


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Documentos 1 a 12 de 12



Reindustrialização versus juro alto e câmbio apreciado

22017. The science and technology community's competent efforts are neutralized by the overvalued exchange rate, which discourage investment and techical progress.



Secular stagnation in the framework of rentier-financier capitalism and globalization

2017. Rentier-financier capitalism is in economic crisis since 2008 and in political crisis since 2016. The secular stagnation issue was brought again to the fore, in so far as capitalism turned again liberal (instead of developmental) since 1980. But it is more likely that rich countries will face low growth, financial instability, and increasing inequality, unless they are able to criticize economic liberalism. (Paper for Berlin conference)



Managerial reform and legitimization of the social state

2017. A central objective of the 1995 Managerial Reform of the State was to turn more efficient the large social services, and so, legitimize the Social State defined in the 1988 Constitution. Paper Portuguese version available



Reforma gerencial e legitimação do Estado Social

2017. Este artigo relaciona três fatos históricos novos após a II Guerra Mundial: o surgimento do estado social ainda nos anos 1940, sua contestação por uma ideologia neoliberal rentista e financista que se torna dominante a partir dos anos 1980, e a formulação e adoção da reforma gerencial como uma forma de legitimar o estado social ante o ataque que estava sofrendo, tornando a provisão dos seus grandes serviços sociais universais mais eficientes. English version available.



Como sair do regime liberal de política econômica e da quase-estagnação desde 1990

2017 - Since 1990, the Brazilian economy is quasi-stagnant under a liberal economic policy regime. Rentier-financier liberalism is incompatible with growth, because it keeps interest rates very high and the exchange rate overvalued in the long-term. (Paper: Estudos Avançados).



How to neutralize the Dutch disease notwithstanding the natural resource curse

2017. The Dutch disease is an economic problem that a simple economic policy may resolve, while the natural resource curse is a political-cultural problem very difficult to resolve. Paper presented in St. Petersburg.



Brazil's 36 years-old quasi-stagnation and the interest rate-exchange rate trap

2017. The Brazilian economy is quasi stagnant from 1990, because since the 1980s it dos not have public savings to finance public investments, and because, since 1990, it is caught in a high interest rate-overvalued currency trap that makes the competent industrial firms not competitive and unable to invest.



Desenvolvimento econômico, sofisticação produtiva e valor-trabalho

2017. Em países em desenvolvimento a sofisticação produtiva e o aumento da produtividade podem ser melhor explicados pela transferência de trabalhadores e técnicos para os setores mais sofisticados, do que pelos rendimentos crescentes, que são mais relevantes para os países ricos.



Democracy and growth in pre-industrial countries

2017. Pre-industrial countries are supposed to realize their capitalist revolution in a global political famework that requires that they are democratic. But today's rich and middle income countries made it while their regimes was authoritarian. Publicado como Texto para Discussão



Democracy and growth in pre-industrial countries

2015. Pre-industrial countries are supposed to realize their capitalist revolution in a global political famework that requires that they are democratic. But today's rich and middle income countries made it while their regimes was authoritarian. (Texto para Discussão EESP/FGV n.410, january 2016). Publicado no Brazilian Journal of Political Economy.



Estado, estado-nação e formas de intermediação social

2017. This paper defines the state as the law system and the organization that guarantees and the nation-state as the political society formed by a nation, a state and a territory. Second, it discusses the forms of informal political intermediation between the state and society. (Revista Lua Nova)



La nueva teoria desarrollista: una sínteses

2017. As a theoretical system, new developmentalism originates from classical developmentalism (development economics) and from post-Keynesian macroeconomics. It contains a macroeconomics, a beginning of a microeconomics, and a political economy. (Revista Economia UNAM)




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