Economic cycles and crises

1986. This is the translation of the fourth part of the book Lucro, Acumulação e Crise [Profit Accumulation and Crisis] (1986) São Paulo: Editora Brasiliense.

Estado regulador y pacto democrático en América Latina

1985 {1986}. The Entrepreneurial or Producer State was essential to Latin Americas primitive accumulation and industrialization. Now, in the new stage that the more advanced Latin American countries are entering, it is time for the the Regulatory and the Social State. Yet, this transition is taking place together with the transition to democracy, a major debt crisis, and a neo-liberal ideological ofensive. Portuguese version available. (Paper: in book edited by Atilio Boron)*

Inflação inercial e curva de Phillips

1986. With Yoshikaki Nakano. Inertial inflation is consistent with the Philips that shifts continuously to the right. English version available.(Paper: Revista de Economia Política)

Oligopolização e taxa de lucro

Capítulo VI de Bresser-Pereira, Luiz Carlos Lucro Acumulação e Crise. São Paulo: Editora Brasiliense, 1986. pp 89-96.

Estado regulador e pacto democrático na América Latina

1985. The transition from the Entrepreneurial to the Regulatory State in Latin America is taking place in the middle of a financial (debt) crisis, the advancement of neo-liberal ideology, and the transition to democracy, after the state completed its role of promoting primitive accumulation. Spanish version available. (Paper in book edited by Atilio Boron Portuguese version just published here)

Possible political pacts after redemocratization

1985 (1988). With the transiction to democracy and the election of Tancredo Neves the probability of a populist political pact is small. The alternatives after democratization are a conservative pact based on the great bourgeoisie, or a progressive one based on the middle classes.Portuguese version available. (Paper in book edited by Chacel, Falk e Fleischer)

Os pactos políticos possíveis depois da redemocratização

1985. With the transiction to democracy and the election of Tancredo Neves the probability of a populist political pact is small. The alternatives after democratization are a conservative pact based on the great bourgeoisie, or a progressive one based on the middle classes. English version available. (Paper in the book Pactos Políticos)

Inertial inflation and the Phillips curve

1984 (1987). With Yoshiaki Nakano. Inertial inflation is consistent with the Philips that shifts continuously to the right. Portuguese version available. (Paper in The Theory of Inertial Inflation. Boulder: Lynne Rienner Publishers, 1987: 109-116).

Política administrativa de controle da inflação

1984. With Yoshiaki Nakano. High inertial inflation can be neutralized by a heroic price freeze combined with conversion tables. The first proposal of a 'heterodox shock' in Brazil, published in July 1983, in Revista de Economia Política before Chico Lopes' August proposal publihed in a bulletin. English version available. (Paper: Revista de Economia Política

Administrative policy: gradualism or shock

1984 [1987]. With Yoshiaki Nakano. High inertial inflation can be neutralized by a heroic price freeze combined with conversion tables. The original paper, in Portuguese, was the first proposal of a 'heterodox shock' in Brazil, published in July 1984, in Revista de Economia Política before Chico Lopes' August proposal publihed in a bulletin. (Chapter 4 of Bresser-Pereira & Nakano, The Theory of Inertial Inflation. Boulder: Lynne Rienner Publishers, 1987: 83-107).

The dialectic of redemocratization and abertura

1984. The 'abertura' is a strategy that military are using to postpone the democratic transition that became inevitable since the Brazilian business men broke down their alliance with them.(Paper in Development and Crisis in Brazil: 1930-1983.)

The theory of inertial or autonomous inflation

1983 [1987]. With Yoshiaki Nakano. Translation of "Fatores aceleradores, mantenedores e sancionadores.da inflação" (1983). The founding paper on the theory of inertial or indexed inflation. Portuguese version available.

Fatores aceleradores, mantenedores e sancionadores da Inflação

1983. With Yoshiaki Nakano. The founding paper on the theory of inertial inflation. One must distinguish the accelerating from the maintaining and the sanctioning factors of inflation. English version available. (Paper: Anais do X Encontro Nacional de Economia da ANPEC, December 1983.

Accelerating, maintaining and sanctioning factors of inflation

1983. With Yoshiaki Nakano. The founding paper on the theory of inertial inflation. One must distinguish the accelerating from the maintaining and the sanctioning factors of inflation. (Portuguese version available)

The crisis of the 1970s

1983 [1984]. A survey of the 1970s and an analysis of the causes of the crisis beginning in 1981: reversion of the economic cycle as consequence of overaccumulation, and the debt crisis. Portuguese version available. (Chapter 8 of Development and Crisis in Brazil: 1930-1983)

Auge e declínio nos anos setenta

1983. A survey of the 1970s and an analysis of the causes of the crisis beginning in 1981: reversion of the economic cycle as consequence of overaccumulation, and the debt crisis. English version available. (Paper: Revista de Economia Política)

Semi-verdades e falsas idéias sobre o Brasil

1983. New historical facts demand new interpretations. Brazil is not anymore a underdeveloped country, multinationals are not the cause of underdevelopment, the bourgeoisie is not authoritarian, technobureaurcrats are not mere staff to the businessmen, income does not necessarily concentrate.(Paper: Novos Estudos Cebrap)

Os limites da 'abertura' e a sociedade civil

1983. A 'abertura' is a strategy through which the military try to procrastinate the democratization demanded by civil society. (Paper: Revista de Administração de Empresas)

Despesas do Estado, repartição e valor

1982. In the modern technobureaucratic-capitalist state, market and state coordination of the economy are intrinsically connected. In economic terms the state is producer, income distributor, and coordinator.(Paper: Revista de Economia Política)

1980-1981: A revolução autogestionária na Polônia

1982. Paper on the Solidarinosc revolution in Poland written after a visit to the country. The perspective of self-management after statist domination. (Paper: Revista de Administração de Empresas)