Works in English
Documentos 61 a 120 de 170
2008. A country suffering from the Dutch disease has two "equilibrium" exchange rates: the "current equilibrium" that is inconsistent with economic growth, and the"industrial equilibrium" that will be achieved if the country is able to neutralize the disease. (Paper: Brazilian Journal of Political Economy)
2005. There is no financial order in the world. The the enormous US current account deficit in the US points out to a hard landing. Portuguese version available.(Texto para Discussão EESP 151)
2007. With Cleomar Gomes. The paper claimsthat inflation targeting policy was adopted in Brazil before the interest rate trap was faced and solved. This was a mistake because inflation targeting is good to manage monetary policy, not to change the monetary regime as it was in 1999 and still is necessary in Brazil. (Paper in edited book). Portuguese version available.
2008. Economic growth is the outcome of a national strategy of development. The characteristics and main tensions involved in these national strategies discussed. Improved English version of a paper previously published in Portuguese.
2007.Paper comparing three growth strategies: old or national-developmentalism, new developmentalism, and Washingtons conventional orthodoxy - actually a form of neutralizing the catching up of medium income countries. Slightly improved version in relation to "New developmentalism and conventional orthodoxy". (Paper in the book Keynes for the Twentieth Century)
2007. Trade cannot be de-linked from finance because the exchange rate represents a major intersection between the two field. Yet, the exchange rate is forgotten in international trade and in economic growth courses, and in trade negotiations at WTO. Countries that have reserve currencies abhor taking on the exchange rate (Intervention at UNCTAD seminar)
2007. Brazilian society underwent two cycles in the twentieth century, followed, with a gap, by the respective political coalition. Between the beginning of the century and 1964, the first society cycle, "Nação e Desenvolvimento", corresponded at state level by the National-Developmentalist political pact (1930-1984). The second , "Democracia e Justiça Social", begins in the late 1960s and gets exhausted in middle 2000s. It correspond to two political coalitions: first, between 1977 and 1987, the 1977 Popular-Democratic Pact, that achieves democratic transition and political power in 1985 but collapses two years later it follows a political vacuum and, from 1991 to the present, we have the Liberal-Dependent Pact precariously combined with the democratic and social ideas - and no real economic development. (Section of the book Macroeconomia da Estagnação)
2009. An encompassing analysis of the Brazilian macroeconomic system; a first presentation of the developmental macroeconomics. Why Brazil failed to grow fast after the Real Plan. English version available. The high interest-overvalued currency trap. (This book is an atualized version of Macroeconomia da Estagnação). Available in bookstores
2008. With Paulo Gala. An overvalued currency is a central cause of insufficiency of demand. The growth with foreign savings policy appreciates local currencies, increases domestic consumption, and causes domestic saving to be replaced by foreign savings. (Paper Journal of Post Keynesian Economics).
2007. This paper summarizes my model of public management reform, and shows that, depending on the form it is applied, it may be progressive instead of neo-liberal. Portuguese version available.(Paper: International Public Management Review). Spanish version(Paper: Revista del CLAD Reforma y Democracia).
2007. With Paulo Gala. A formalization of the critique of the strategy of growth with foreign savings: the consequent exchange rate appreciation increases artificially wages and causes the substitution of domestic with foreign savings. Portuguese and Spanish versions available.(Paper to be published in book)
2006. Between 1994 and 1999, foreign savings substitute domestic ones instead of increasing investment (72,5%) The inverse happened when the country experienced current account surplus (113,9%). (Paper, just in this site) Portuguese version available.
2006. Survey of Ugo Paganos "Positional goods and asymmetric development". (Note: Econômica).
2006. The rate of substitution of foreign for domestic savings was high in Brazil in the period 1994-99, as the inverse rate was also high in the 2000-05 period. The critique of growth with foreign savings applied to Brazil. (Unpublished paper)
2006. Paper comparing three growth strategies old or national-developmentalism, new developmentalism, and Washingtons conventional orthodoxy - actually a form of neutralizing the catching up of medium income countries. An improved version available with the title "Macroeconomics of stagnation and new developmentalism".(Paper Economie Appliquée).
2006. The exchange rate determines not only exports and imports, but also real wages, consumption and the savings rate. (Preface to book edited by Mathias Vernengo)
2005. A summing up of my views on public management reform, distinguishing a strucutural and a managerial aspect. (Paper to be published in edited book)
2005. Public-private partnerships are becoming increasingly common. (Report as the general reporteur of the IIAS Berlin Conference)
2005. A critique of the two dependency theories (associated and super-exploration) which intended to be an alternative to ISEBs and ECLACs view of Latin American development. Only a third version - national-dependent theory - is consistent with the nation building and growth. Portuguese and Spanish versions available.(Paper)
2005. Note to the Fourth Annual Meeting of the Committee of Experts on Public Administration, of the Economic and Social Council (Ecosoc), of the United Nations. New York, April 6, 2005.
2004. The critique of the growth cum foreign savings strategy adopted in the Cardoso administration. Foreign finance does not cause growth. Spanish version available. (Paper: International Journal of Political Economy)*
2004. The rise of the professional middle class, knowledge as the new strategic factor of production, and the implications for democracy. The correspondent concept of capital.Portuguese version available.(Paper in book honoring J. K. Galbraith).
2004. With Carmen Varela. Latin Americas quasi-stagnation in the 1990s can be explained principally by the growth cum foreign savings strategy. (Paper: Journal of Post Keynesian Economics)
2002. With Yoshiaki Nakano. Developing countries' poor performance in the 1990s is related to the Washington strategy of growth with foreign savings. Portuguese version available.(Paper presented to International Post Keynesian Workshop).
2003. A comparison between two economic approaches: structuralist new developmentalism and conventional orthodoxy. (Participation in the XXIV LASA Congress)
2003 One does not have to be populist, nor statist, nor radical to be Left: it is enough to be committed to the poor and to social justice (Fabian Review, vol. 115 (1), Spring 2003).
2002. In reforming the state the democtratic constraint has priority over the economic one.Portuguese and Spanish versions available. (Paper)
2002. After the end of the Cold War balance of powers diplomacy is over. Major nations are now not enemies but competitors in a global system which is being institutionalized. Portuguese version available. (Paper: In Eric Hershberg's edited book)*.
2002. After the civil, the political and the social rights, republican rights are emerging or being enforced. The republican rights are the rights that every citizens has that the public patrimony is not captured by private interests. Portuguese version and Spanish version available. (Paper Citizenship Studies) *
2001. There are some consensus and some strategic decisions to be taken in Latin America, after the crisis of structuralism, and of orthodox reforms. Portuguese version available. (Paper presented in conference at Oxford University; not published; available only in this site)
2001. This note is a previous version of the paper "After balance of powers diplomacy, globalizations' politics" just published in the SSRC website. (December 2001).
2001. First economic paper since I left the Cardoso administration in June 1999. Incompetence and subordination to the North characterized Latin American economic policies since the early 1980s'. Portuguese version available with the original title of the paper, "Incompetência e confidence building por trás de 30 anos de quase-estagnação da América Latina". (Paper in book edited by Paul Davidson).
2001. After the September 11 terrorist act, United States may react as if the Cold War did not end intead of acting as an arbiter as it should. It will be a major mistake.(In Portuguese, inFolha de S.Paulo, 17.9.01; in English, just here).
2001. The new State will be social, liberal, and democratic the new management more accountable, more political, and republican. Portuguese and French versions available.(Lecture: The 2001 John L. Manion Lecture. Ottawa).
2001. To be left means to be ready to risk social order in behalf of justice. Historically the left moves as the political center cyclically moves from left to right and vice-versa. Portuguese version available. (In Anthony Giddens, ed. The Global Third Way Debate).
2001. Public management reform is beginning in Latin America. Yet, advancements are unsatisfactory, reflecting the low level of governance or political development of the region (Paper: International Journal of Political Studies).
2001. The method that Celso Furtado utilizes is essentially historical; his passion - a measured passion - is for Brazil. A survey of Furtado's work.Portuguese and Spanish versions available. (Paper to be published in English)
2001. Besides self-interests a second variable is turning increasingly relevant: policymakers' technical and emotional incompetence. Portuguese version available. (Journal of Post Keynesian Economics, Spring 2001). *
2000. This paper presents a hystorical typology of democracy: elites or Schumpeterian democracy, civil society"s public opinions democracy, participatory democracy, and deliberative democracy. Brazil is in transition from elites democracy to public opinions democracy. Portuguese version available. (Paper: IPSA Congress, Quebec)
2000. Globalization is the present stage of capitalism, globalism, the ideology that assert the loss of relevance of the nation-state. (Intervention in the 15th sesseion of the Group of Experts in Public Administration and Finance. United Nations, New York.
2000. The left in Latin America is identified with nationalism the region lacks a modern left. Policy-Network, www.policy-network.org/, December 2000.
2000. From civil servants as from politicians it is asked that they have republican virtues. And often they do. (Paper in United Nations Report)
1999. The confusion between science and moral. (Speech at the World Conference on Science Budapest, June 1999)
1999-The political process behind the constitutional amendment of the 1995 Brazilian Public Management Reform. Portuguese version available. (Paper: In 2003 book edite by Ben Ross Schneider)*.
1999. Edited book with Peter Spink. Includes the first essays by Bresser-Pereira on the 1995 Public Management Reform. Portuguese version available. (Lynne Rienner Publishers, 1999)
1998. With Yoshiaki Nakano. It is misleading to attribute economic difficulties to politicians and bureaucrats, since incompetent and self-interest policies decided by economists are also responsible. This is more so when the country misses an effective social contract. Portuguese version available. (Paper in edited book by Ducatenzeiler and Oxhorn)
1997. A broad view of the public management reform. The role of the state and new forms of accountability (administration by results, managed competition for excelence, and social accountability) are discussed. Portuguese and Spanish versions available. (Paper in book by Burlamaqui, Castro e Chang).
1997. The new state that is emeging out crisis of the welfare and developmental state will have to be able to protect citizens rights. Managerial public administration plays a major role in this direction. Portuguese version available.(Paper Journal of Post Keynesian Economics)*
1996. In late twentieth century we are facing neoliberalism, but, as a trade-off, republican right are been acknowledged and democracy is a source of morality and social justice. (Lecture at UNESCO conference).
1997. With Jairo Abud. The difference between the short term costs of adjusting an economy and the costs of procrastinating adjustment and reform are the net transition costs. In the limit, they determine the moment reform begins. (Paper World Development)*
1996. The 'crisis of the state interpretation'. Economic and political analysis of the crisis starting in 1980 in Latin America. Portuguese and French versions available. (Book: Lynne Rienner Publishers) Available in bookstores
1996. The transition from bureaucratic to public administration in Brazil. It is the first paper where the author presents the state reform model. This model first appeared in his Plano Diretor da Reforma do Aparelho do Estado, September 1995. Portuguese and Spanish versions available.(Paper in Bresser-Pereira and Spink edited book)*
1995. English version of the White Paper defining the principles of the 1995-98 Public Management Reform. (Booklet: MARE)
1995. The concept of state and the main theories. The role of civil society in assuring democratic legitimacy to the state. Portuguese version available. (Paper: published only in Portuguese)
1995. An account of the 1987 negotiation of the debt crisis. Brazil presented a proposal of debt securitization which represented a turning point in the debt crisis, and was the Brady Plan 18 months later. (Paper: Revista de Economia Política) *
1995. A discussion of development economics ideas and of Word Bank's neo-liberal turn in the early 1980s. Portuguese version available.(Paper: Review of International Political Economy)
1996. With Gilberto Tadeu Lima. While microeconomics is logic-deductive, macroeconomics is a historical discipline, requiring an inductive-deductive approach. (Paper: Revista de Economia Política) *
1995. Book actually written by Adam Przeworski and co-autored by several authors including myself ww contributed with texts freely used by the writer. (Book: Cambridge University Press)
1994. There are three models of capitalism: the American, the Japanese, and the European or social democratic. The choice criterium is efficiency - what will lead Latin American to choose a combination of the social-democratic and the Japanese (developmental) model. As to democracy, it is a end in itself or a means to freedom and peace, not to economic development. Thus, trade-offs between growth and democracy should not be considered. (Published only in this website)