2015. New Developmentalism is a theory that was preceded by Classical Developmentalism. It focuses on the equilibrium of five macroeconomic prices, and of the two macro accounts, particularly the current or external account.
2015. With Fernando Rugitsky. Classical Developmentalism (Prebisch et al.) was skeptical in relation to exchange rate policy, preferring industrial policy on the form of high import taxes, while for New Developmentalism the neutralization of the tendency to the cyclical and chronic overvaluation of the exchange rate is the key policy to be adopted. (Paper Cambridge Journal of Economics)
2016. All industrial revolutions happened in the framework of a developmental state. We can distinguish in history four basic models of developmental state. (Paper to be published - TD-412). English version available.
2016. Avec Eric Berr. A brief article relating New Developmentalism and economic growth. In French, in edited book.
2016. An homage to a major Argentinean developmental economist and great friend. (Essay)
2015. Brazil is a national-dependent society. The three cycles of its independent history were, successively, "State and Territorial Integration", "Nation and Development" and "Democracy and Social Justice". Portuguese version available. (Paper, Latin America Research Review)
2015. Texto para Discussão 399. 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. (Discussion paper). More actualized version available.
2015. Since 2003 a developmental government tried change the perverse liberal tripod, but eventually failed, as it was victim of exchange rate and fiscal populism, while the international situation deteriorated. (Paper in edited book)
2015. O liberalismo econômico demonstrou mais uma vez não ter condições de garantir crescimento satisfatório e estabilidade financeira, ao buscar coordenar as economias modernas.
2014. Technobureaucratic or professionals' capitalism are adequate names to identify today's capitalism. It is a mixed social formation, where two relations of production - capital and organization - are present. (Paper: Tempo Social)
2015. With Marcus Ianoni. A theoretical discussion of developmental class coalitions, and its application in three experiences: mercantilism, Bismarkism, and the Golden Years of Capitalism. (Paper to be published in edited book - Texto para Discussão EESP/FGV n. 386)
2015. The Brazilian economy is quasi-stagnant since 1990 trade-liberalization, when trade liberalization dismantled the mechanism that neutralized the Dutch disease and the ensuing competitive disadvantage started up deindustrialization. Updated English version available. (Paper in book edited by Nelson Barbosa et al.)
2014. Liberals as well as vulgar Keynesians show a preference for immediate consumption associated with an overvalued currency. (Paper: Crítica e Sociedade)
2014. (Paper in edited book)
2014, with Pedro Rossi. The euro crisis is a internal exchange rate crisis; austerity is a costly and inhuman policy of internal depreciation. (paper, in the Journal of Post Keynesian Economiscs)
2014. A critical survey of the recent analysis of modernity. Major sociologists take as modernity what is, rather, expressions of the recent and failed neoliberal distortion of democratic capitalism. (Paper: Revista Brasileira de Ciências Sociais)
2014. Breve crítica do pós-modernimos (Seção do ensaio "modernidade neoliberal", Revista Brasileira de Ciências Sociais).
2014. With Eliane Araújo and Paulo Gala. (Paper). Econometric comprovation of a high rate of substituition of foreign for domestic savings. (Paper in EconomiA, da ANPEC). English version available.
2014. With Eliane Araújo e Paulo Gala. Econometric comprovation of a high rate of substituition of foreign for domestic savings. (Paper: Revista EconomiA) Portuguese version available.
2014. Progress and human development are defined as the advance towards the five political objectives that modern societies defined for themselves (security, individual liberty, economic wellbeing, social justice and protection of the environment); and growth a an instrument to such objectives. (Essay: Lua Nova)
