All texts on Brazilian Economy


Documentos 181 a 217 de 217



Falta de reformas? (Folha, 27.09.04)

2004. Institutional reforms are required but are not the central priority in Brazil. (Article: Folha de S.Paulo)



Método y pasión en Celso Furtado

2004. The method that Celso Furtado utilizes is essentially historical his passion - a measured passion - is Brazil. A survey of Furtado's work. Portuguese and English versions available. (Paper: Revista de La CEPAL)*



Objetivos possíveis (Folha, 30.08.04)

2004. Main economic objectives for Brazil and their viability. First regular column (every 14 days) in FSP-Dinheiro. (Article: Folha de S.Paulo).



O risco de depender de commodities (Gazeta Mercantil, 17.08.04)

2004. The risk involved in exporting commodites is to have the exchange rate basically determined by their costs - what may turn inviable to export manufactured goods with high added value. (Interview to Gazeta Mercantil)



Chutando a Escada (Folha, 04.07.04)

2004. Policies recommended by Washington are rather a reaction to the threat represented by the new industrial countries than a genuine contribution to their economic growth. Survey of the book of Ha-Joon Chang. (Article: Folha de S.Paulo)



Reforma da gestão e avanço social em uma economia semi-estagnada

2004. Since 1980 Brazil's economic growth has been frustrating, bust social and political development was real, as the 1995 Public Management Reform demonstrates. (Paper: Revista de Administração Pública)*



The Second Washington Consensus and Latin Americas Quasi-Stagnation

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)



Proposta de desenvolvimento para o Brasil

2004. Summarized view of what is needed for Brazil achieve macroeconomic stability and resume growth. (Testimony to the Brazilian Câmara dos Deputados, published in Revista de Economia Política, October 2004)



Desrazões do desastre (Folha, 21.03.04)

2004. Between 1980 and 1994 Brazil adjusted and reformed its economy. Since then a perverse macroeconomic policy kept the economy semi-stagnant. (Article: Folha de S.Paulo, Mais!)



Economia política do gasto social no Brasil desde 1980/85

2004. While income per capita increased 8.5% in 20 years, social expenditures, 43.4%. Given the improvement in social standards this demonstrates that social expenditures are effective. (Note: Revista Econômica)*



E a vontade política? (Folha, 09.01.04)

2004. The East and South East countries show that there is an alternative to the conventional orthodoxy which perpetuates macroeconomic instability in Brazil. (Article: Folha de S.Paulo)



O Lobo e o Cordeiro (Valor, 17.12.03)

2003. Conventional orthodoxy allways finds a new argument to keep the basic interest rate high. (Article: Valor Econômico,)



Índices de risco retóricos não correspondem aos utilizados (Valor, 26.11.03)

2003. Country risk: the ideological and the relevant rates. A comparison with Russia.(Article in Valor Econômico, 26.11.2003).



O Medo Venceu a Esperança? (Folha, 09.11.03)

2003 Fear is again defeating hope: Brazilians' diminished aspirations. (Article in Folha de S.Paulo, 9.11.2003)



Bresser-Pereira diz que Política Monetária Leva País à Estagnação (Valor, 22.10.03)

2003. Government should change Brazil's monetary policy or the country will remain semi-stagnant. (Interview to Valor Econômico, 22.10.2003)



Juro Alto é Ineficaz Contra Inflação Inercial (Folha, 02.06.03)

High interest rates are ineffective against a predominantly inertial inflation. (Article in Folha de S.Paulo).



O Segundo Consenso de Washington (Folha, 11.05.03)

2003. The Second Washington Consensus (growth with foreing savings and open capital account) means macroeconomic instability. (Folha de S.Paulo, 11.5.2003).



É Hora do Planejamento Econômico (Jornal do Comércio RJ, 24.03.03)

2003. Brazilian elites stoped thinking and the country is in a real 'credibility trap'. (Large interview to Jornal do Commercio, 23.3.03)



A Nova República: 1985-1990

1993. Articles published in the Brazilian media between March 1985 and March 1990. (Book) Available in PDF.



Sentido e riscos da maxi-desvalorização (Folha, 13.12.79)

1979 (Article: Folha de S. Paulo, 13.12)



Um novo ciclo de expansão? (Folha, 1.4.79)

1979 (Article: Folha de S. Paulo, 01.04)





Igreja, crise e libertação (Folha, 4.3.79)

1979 (Article: Folha de S. Paulo, 04.03)



A economia e a política em 1978 (Folha, 21.1.79)

1979 (Article: Folha de S. Paulo, 21.01)



A estratégia brasileira de desenvolvimento entre 1967 e 1973

1977. Two strategies increasing demand were central in the Brazilian 1967-73 'miracle': the concentration of income benefiting the middle class and the rich and an active export policy. (Paper: Revista de Administração de Empresas).



A economia do subdesenvolvimento industrializado

1975. The basic characteristics of growth model that prevailed during the military regime: the technobureaucratic-capitalist model of industrialized underdevelopment. In macroeconomic terms it was based on the supply side on the production of luxury goods, on the demand side, on concentration of income from the middle-class upwards. French version available(



Le sous-développement industrialisé

1975. The basic characteristics of growth model that prevailed during the military regime: the technobureaucratic-capitalist model of industrialized underdevelopment. In macroeconomic terms, on the supply side, it was based on the production of luxury goods; on the demand side, on the concentration of income from the middle-class upwards. Portuguese version available.



Uma Crítica aos Herdeiros: Debate sobre a Recessão 74/75

1975. The recession starting in 1974 explained by an increase in the profit rate higher than the increase in the technobureaucrtic middle class' salaries.(Note: Opinião)



The post-1966 expansion and the new model

1970. It corresponds to "Dividir ou multiplicar?" (1970). It claims that the Brazilian "economic miracle" (1968-1973) signaled a new, export oriented, model of development that made consistent aggregate demand and supply of luxury goods by concentrating income from the middle class upwards. (Chapter 7 of Development and Crisis in Brazil: 1930-1983)



Dividir ou multiplicar? A distribuição da renda e a recuperação da economia brasileira

1970. My first analysis of the "new development model" that begins in Brazil in the late 1960s. Contrarily to what Furtado predicted, income concetration benefiting the middle classes was behind the resumption of growth as it made aggregate demand consistent with the production of luxury consumption goods by multinationals. "O novo modelo de desenvolvimento" (1973) elaborates on this paper. (Paper: Visão)



Political development, and the crisis of the populist alliance

1968. ISEB's political model based on the aliance of the national bourgeoisie with the workers and the bureaucrats was correct. Yet, historical new facts led to the collapse of the populist and national-developmentalist pact and to the political crisis of 1961-64. (Chapter 4 of Development and Crisis in Brazil).



O administrador profissional e as perspectivas da sociedade brasileira

1966. Given the existence of a large middle classe, democracy's restoration is inevitable. In this process, Brazilian industrial entrepreneurs must associate themselves with the new business managers that are emerging and develop a national development strategy that should be democratic and socially progressive. (Paper: Revista de Administração de Empresas)



Brazil: ethnic and social origins of the industrial entrepreneurs

1964. My 1962 research demonstrated that the Paulista industrialists that led the Brazilian industrialization were, mostly, descendants of middle class immigrants, not from coffee planters. ( Published Portuguese version available. (Paper: this English version only published here)



Origens étnicas e sociais do empresário paulista

1964. My 1962 research demonstrated that the Paulista industrialists that led the Brazilian industrialization were, mostly, descendants of middle class immigrants, not from coffee planters. English version available only in this site. (Paper: Revista de Administração de Empresas)



Problemas da agricultura brasileira e suas causas

1964. An large picture of the Brazilian agriculture in the early 1960s.(Paper: Journal of Inter-American Studies)



A philosophy of economic development for a Brazilian school of business administration

1961. A Brazilian business school like FGV/SP should have an explicit economic development orientation. (Term paper: Michigan State University)



Estímulos externos e desenvolvimento

1958. My first paper or quasi-paper. It was written to the discussion group, "Porão", formed mostly by collegues of JUC (Juventude Universitária Católica), and coordinated by Jorge da Cunha Lima. (Paper published as FGV/SP apostila and here)




Fale conosco: ceciliaheise46@gmail.com