Luiz Carlos Bresser-Pereira is an economist and social scientist. He is emeritus professor at Getulio Vargas Foundation where the teaches since 1959 edits the Brazilian Journal of Political Economy since 1981 offers regularly a one month course at the École de Hautes Études en Sciences Sociales and writes a weekly column in Folha de S. Paulo.
While keeping his academic activities he was, from 1963 to 1982, vice-president of a large retailing company, Pão de Açúcar. In 1983, with the election of the first democratic governor of São Paulo, André Franco Montoro, he became president of the state bank of São Paulo, and two years later, chief of staff of the governor. In April 1987, in the aftermath of the Cruzado Plan crisis, he became Finance Minister of Brazil: he was able to reestablish economic order, but, giving the lack of political conditions for the required fiscal adjustment, he resigned from the ministry at the end of that year. Yet, his September 1987formal proposal to solve the debt crisis through debt securitization with a discount was 18 months later adopted by the Brady Plan.
In 1995 he was invited to be Minister of Federal Administration and Reform of the State, in the first Fernando Henrique Cardoso administration. In this condition he introduced the 1995 Managerial Reform of the State which continues to be implemented in Brazil and is today recognized internationally. From 1995 to 1997 he was president of CLAD &ndash the Latin American Council for the Reform of the State. In 1999, he was Minister of Science and Technology of Brazil. Between 2002 and 2009, member of Committee of Experts on Public Administration of the United Nations.
Since July 1999 he is fully dedicated to the academic life at Getulio Vargas Foundation, where he teaches economics and political theory. He was visiting professor at the University of Paris I (1978), and on political theory of modern democracy at the University of São Paulo’s Department of Political Science (2002-2003). He was also visiting fellow at USP’s Institute of Advanced Studies (1989) and at Oxford University’s Nuffield College (1999) and St. Anthony’s College (2001). In 2004, when he completed 70 years, 30 authors wrote papers analyzing his academic work: they form the festricht, Em Busca do Novo.
Intellectually he is an economist and a social theorist whose major influences came from Marx, Weber, Keynes, and from Latin American structuralism. His more significant contributions in economics are the methodological critique of neoclassical economics, the classical model on growth and distribution considering three types of technical progress, the theory of inertial inflation, and three models on the exchange rate and economic development (the structural tendency to the overvaluation of the exchange rate in developing countries, the critique of growth with foreign savings, and the two equilibriums characterizing the Dutch disease) that may be seen as first draft of a structuralist development macroeconomics and is theoretical basis for national development strategy that he sponsors for Brazil: new developmentalism. In social theory, his contributions are mainly on the emergence of the new professional middle class or technobureaucratic class and of professionals’ or technobureaucratic capitalism. In political theory, are on the transition and consolidation of democracy, on state theory, on the relations between society and the state, and on the definition of republican rights and of a corresponding republican state. In public management, he developed a structuralist model of public management reform. These are general theories or models, but he always used them to understand Latin America and particularly Brazil, its society and its state, its entrepreneurs and technobureaucrats, the economic and political strategies that they adopt, and the class alliances that they celebrate. He is a stern critique of neoclassical economics in so far as it adopts a hypothetical-deductive method to develop economics instead of using an empirical or historical-deductive method. Besides historical, his method is based on &ld"he historical new facts approach&rdquo: in order to study new social, economic and political realities the researcher is supposed to search for the historical new facts that opened room for these realities.
In his website, www.bresserpereira.org.br, most of his papers and columns are available. Among his books we have As Revoluções Utópicas dos Anos 60 (1972), O Colapso de uma Aliança de Classes (1978), Development and Crisis in Brazil (1984), A Sociedade Estatal e a Tecnoburocracia (1980), The Theory of Inertial Inflation, with Yoshiaki Nakano (1987), Lucro, Acumulação e Crise (1986), Economic Reforms in New Democracies, with Adam Przeworski and José Maria Maravall (1993), Economic Crisis and State Reform in Brazil, also available in French (1996), Reforma do Estado para a Cidadania (1998), Democracy and Public Management Reform: Building the Republican State (2004), Developing Brazil: Overcoming the Failure of the Washington Consensus (2009), Globalization and Competition (2010).
Luiz Carlos Bresser-Pereira was born in São Paulo, in 1934. He holds a bachelor’s degree in law by the University of São Paulo (1957), a MBA by Michigan State University (1961), and a PhD (1972) and a Livre Docência (1984) in economics by University of São Paulo.
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Luiz Carlos Bresser-Pereira is an economist and social scientist. He is emeritus professor at Getulio Vargas Foundation where the teaches since 1959 edits the Brazilian Journal of Political Economy since 1981 offers regularly a one month course at the École de Hautes Études en Sciences Sociales and writes a weekly column in Folha de S. Paulo.
While keeping his academic activities he was, from 1963 to 1982, vice-president of a large retailing company, Pão de Açúcar. In 1983, with the election of the first democratic governor of São Paulo, André Franco Montoro, he became president of the state bank of São Paulo, and two years later, chief of staff of the governor. In April 1987, in the aftermath of the Cruzado Plan crisis, he became Finance Minister of Brazil: he was able to reestablish economic order, but, giving the lack of political conditions for the required fiscal adjustment, he resigned from the ministry at the end of that year. Yet, his September 1987formal proposal to solve the debt crisis through debt securitization with a discount was 18 months later adopted by the Brady Plan.
In 1995 he was invited to be Minister of Federal Administration and Reform of the State, in the first Fernando Henrique Cardoso administration. In this condition he introduced the 1995 Managerial Reform of the State which continues to be implemented in Brazil and is today recognized internationally. From 1995 to 1997 he was president of CLAD &ndash the Latin American Council for the Reform of the State. In 1999, he was Minister of Science and Technology of Brazil. Between 2002 and 2009, member of Committee of Experts on Public Administration of the United Nations.
Since July 1999 he is fully dedicated to the academic life at Getulio Vargas Foundation, where he teaches economics and political theory. He was visiting professor at the University of Paris I (1978), and on political theory of modern democracy at the University of São Paulo’s Department of Political Science (2002-2003). He was also visiting fellow at USP’s Institute of Advanced Studies (1989) and at Oxford University’s Nuffield College (1999) and St. Anthony’s College (2001). In 2004, when he completed 70 years, 30 authors wrote papers analyzing his academic work: they form the festricht, Em Busca do Novo.
Intellectually he is an economist and a social theorist whose major influences came from Marx, Weber, Keynes, and from Latin American structuralism. His more significant contributions in economics are the methodological critique of neoclassical economics, the classical model on growth and distribution considering three types of technical progress, the theory of inertial inflation, and three models on the exchange rate and economic development (the structural tendency to the overvaluation of the exchange rate in developing countries, the critique of growth with foreign savings, and the two equilibriums characterizing the Dutch disease) that may be seen as first draft of a structuralist development macroeconomics and is theoretical basis for national development strategy that he sponsors for Brazil: new developmentalism. In social theory, his contributions are mainly on the emergence of the new professional middle class or technobureaucratic class and of professionals’ or technobureaucratic capitalism. In political theory, are on the transition and consolidation of democracy, on state theory, on the relations between society and the state, and on the definition of republican rights and of a corresponding republican state. In public management, he developed a structuralist model of public management reform. These are general theories or models, but he always used them to understand Latin America and particularly Brazil, its society and its state, its entrepreneurs and technobureaucrats, the economic and political strategies that they adopt, and the class alliances that they celebrate. He is a stern critique of neoclassical economics in so far as it adopts a hypothetical-deductive method to develop economics instead of using an empirical or historical-deductive method. Besides historical, his method is based on &ld"he historical new facts approach&rdquo: in order to study new social, economic and political realities the researcher is supposed to search for the historical new facts that opened room for these realities.
In his website, www.bresserpereira.org.br, most of his papers and columns are available. Among his books we have As Revoluções Utópicas dos Anos 60 (1972), O Colapso de uma Aliança de Classes (1978), Development and Crisis in Brazil (1984), A Sociedade Estatal e a Tecnoburocracia (1980), The Theory of Inertial Inflation, with Yoshiaki Nakano (1987), Lucro, Acumulação e Crise (1986), Economic Reforms in New Democracies, with Adam Przeworski and José Maria Maravall (1993), Economic Crisis and State Reform in Brazil, also available in French (1996), Reforma do Estado para a Cidadania (1998), Democracy and Public Management Reform: Building the Republican State (2004), Developing Brazil: Overcoming the Failure of the Washington Consensus (2009), Globalization and Competition (2010).
Luiz Carlos Bresser-Pereira was born in São Paulo, in 1934. He holds a bachelor’s degree in law by the University of São Paulo (1957), a MBA by Michigan State University (1961), and a PhD (1972) and a Livre Docência (1984) in economics by University of São Paulo.