ACADEMIC PAPERS

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)

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. Portuguese and English versions available. (Paper: Economía Unam)

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. 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 (Unpublished paper)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. Why does the center-left win elections in Brazil but does not govern? Probabbly because the gap between civil society, which actually holds power, and the people is large.Spanish version available. (Paper in Novos Estudos Cebrap)

2006. Why does the center-left win elections in Brazil but does not govern? Probabbly because the gap between civil society, which actually holds power, and the people is large. (Paper in edited book). Portuguese version available.

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.(Paper)

2006. Texto para Discussão.

2006. Businessmen may support a moderate left political party if this party is also national commited to national economic development. Portuguese version available.(Paper Nueva Sociedad).

2006. Economic growth is the outcome of a national strategy of development. The characteristics and main tensions involved in these national strategies discussed. See a more complete version in English.(Paper: Revista de Economia Política)

2006. Economic development defined using a historical method instead of a normative, or a hypothetic-deductive one. (Texto para Discussão 157 EESP/FGV)

2005. The balance of payment crises in developing countries (originated in the strategy of growth with foreign savings) and the enormous US current account deficit are both the outcome of economic populism. The later problem points out to a hard landing. English version available.(Paper: Estudos Econômicos) .

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. Transmissible diseases and terrorism are threats that come out of poverty, and, in the second case, from fights for national autonomy. Rich countries should abstain from interferring in developing countries. (Paper: Política Externa)

2005. With Paulo Gala. A formalization of the critique of the strategy of growth with foreign savings that I have been doing since 2001. This version was substantially improved in 2006 receiving the new title "Why foreign savings fail to cause growth", in English, and "Por que a poupança externa não promove crescimento" in Portuguese. I keep this version here just for the record. (Paper: Texto para Discussão)

2005. Bresser-Pereira and Regina Silvia Pacheco. Brazilian public administration is not so inefficient as it is commonly said. Public management reform is already playing a role in this process. (Paper in book edited by Reis Velloso).

2006. 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 English versions available.(Paper)

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. English and Spanish versions available.(Paper in edited book)