2007. PAC is nice but innefective industrial policy. It will not lead make Brazil resume growth, and the same aplies to neo-liberal reforms. Only real macroeconomic equilibriu will do that. (Interview to Broadcast).
2007. PAC is nice but innefective industrial policy. It will not lead make Brazil resume growth, and the same aplies to neo-liberal reforms. Only real macroeconomic equilibriu will do that. (Interview to Broadcast).
2007. Commercial globalization is a major opportunity for developing countries, financial globalization, a disaster. (Article: Folha de S.Paulo)
2007. Conventional orthodoxy's new "discovery": the cause of quasi-stagnation in Brazil is corruption, not the high interest rate nor the low exchange rate. (Article: Folha de S.Paulo).
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.
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. English and Spanish versions available. (Paper: Revista São Paulo em Perspectiva)
2006. President Lula wants 5% growth, but there is no signal that he is prepared to face conventional orthodoxy and change macroeconomic policy. (Article: Folha de S.Paulo).
2006. The causes of the desindustrialization and quasi-stagnation of the economy are a non-neutralized Dutch disease and the policy of growth with foreign savings. (Article: Folha de S.Paulo)
2006. A large interview on the Brazilian economy and the lack of a national growth strategy in a global environment defined by high competition among nation-states. (Interview to Laura Greenhalgh: O Estado de S.Paulo).
2006. Either PT or PSDB have an answer on how to face and overcome the Brazilian economy's 26 years old quasi-stagnation because they lost the idea of nation. (Interview to Rodrigo de Almeida: Jornal do Brasil).
2006. Argentina learned from experience, rejects conventional orthodoxy's advises, keeps its exchange rate competitive, and grows. (Article: Folha de S.Paulo)
2006. Bresser-Pereira and Fernando Cardim de Carvalho on new developmentalism. (Interview: Folha de S.Paulo)
2006. In the end of the presidential campaign Alckmin, differently from Lula, was able to articulate sensible ideas on economic policy. It will not be engough. (Article: Folha de S.Paulo)
2006. There is an alternative to the conventional orthodoxy rulling the Brazilian economy. Capital controls are not a sin. (Interview to Catia Seabra: Folha de S.Paulo)
2006. FHC and Lula incurred in exchange rate populism (populismo cambial). (Interview: O Estado de S.Paulo)
2006. The rich and the poor voted for Lula in the first turn the middle class, for Alckmin. (Article: Folha de S.Paulo)
2006. Alckmin's economic program - a step ahead, but insufficient. (Article: Folha de S.Paulo).
2006. Debate on economic growth of Brazil with Eliana Cardoso, Ricardo Carneiro e Samuel Pessoa. (O Estado de São Paulo, Aliás Debate)
2006. A preview of the debate to be published three days later on the Brazilian economic growth. O Estado de S.Paulo.
2006. Writing a book on entrepreneurial agriculture, Antonio José de Oliveira Costa understood the risk that the Dutch Disease represents to farmers. (Preface to Agricultura Empresarial)
2006. (Article: Folha de S.Paulo)