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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Documentos 1 a 11 de 11

Nacionalismo econômico e desenvolvimentismo

2018. Paper (Economia e Sociedade)

Brazil's macroeconomic policy institutions, 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.

Secular stagnation, low growth, and financial instability

2019. Secular stagnation of contemporary capitalism is associated to low productiviity, profits achieved through monopoly power, profusion of capitals, and the successful competition of some developing countries. (Paper)

Para além do capitalismo neoliberal: as alternativas políticas

2019. Com Cícero Araújo. The neoliberal project failed. Is the alternative project - a developmental project - to succeed in the framework of globalization? (Paper: Dados)

Why, from the 1980s, did East Asia continue to grow while Latin America fall behind?

2019. Latin America was not bcaught in the 'middle-income trap" but into the "1980s' liberalization trap", while East Asia overcome its middle-income condition and are today rich countries, or, in the case of China, heading to become so. (paper)

What institutions make capitalism unjust?

2019. A society is just when economic and political inequality is reasonably low. Institutions that assure civil and political rights are able to eliminate legal privileges by making everybody equal before the law, but they are less effective in reducing economic inequality, which is embedded in the structure of society.

Revolução Capitalista e desenvolvimento

2019. The Capitalist Revolution envelops the Commercial Revolution, the formation of the nation-states, and the industrial revolution. England was the first nation to "complete" it. After each country makes the Capitalist Revolution, economic development begins and turns self-sustained. (paper)

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