2020. Brazil faces four crises (political, economic, moral and sanitary) in the framework of the world crisis of neoliberal capitalism and the rise of rightwing populism. (A Terra é Redonda)
ECONOMICS
WORLD ECONOMY
2019. Secular stagnation of contemporary capitalism is associated to low productiviity, profits achieved through monopoly power, profusion of capitals, and the successful competition of some developing countries. (International Journal of Political Economy)
2017. Rentier-financier capitalism is in economic crisis since 2008 and in political crisis since 2016. The secular stagnation issue was brought again to the fore, in so far as capitalism turned again liberal (instead of developmental) since 1980. But it is more likely that rich countries will face low growth, financial instability, and increasing inequality, unless they are able to criticize economic liberalism. (Paper for Berlin conference)
2011. La crise de l'euro est une crise causé par l'appréciation implicite du taux d'échange des pays endettés. (Conferência, Paris: slide presentation)
2011. Middle income countries are catching up. This Great Convergence represents a challenge to rich countries. (Conférence à l'Université de Clermont Ferrand)
2010. This article was published in the same day that Europe announced a 750 billions of euros package to guarantee indebted countries. (Article: Folha)
2010. Este artigo foi publicado no mesmo dia em que foi anunciado um pacote de 750 bilhões de euros para garantir o próprio euro. (Artigo, Folha)
2008. The present global economic crisis happens in a finance based and knowledge capitalism where bright private technobureaucrats formed in the best MBAs enriched. (Umbrales de América del Sur). Versão disponível em Português
2008. The present global economic crisis happens in a finance based and knowledge capitalism where bright private technobureaucrats formed in the best MBAs enriched. (Estudos Avançados). Spanish version available
2007. Trade cannot be de-linked from finance because the exchange rate represents a major intersection between the two field. Yet, the exchange rate is forgotten in international trade and in economic growth courses, and in trade negotiations at WTO. Countries that have reserve currencies abhor taking on the exchange rate (Intervention at UNCTAD seminar)
2007. The August 2007 financial crisis marks the end of the extraordinary growth cycle that the world economy experienced in the last five years.(Article: Folha de S.Paulo).
2007. The August 2007 financial crisis is a consequence of non regulated new financial agents as hedge funds. (Entrevista: Folha de S.Paulo).
2007. US's huge and persistent current account deficts are increasing total foreign debt and international liquidity. They spur speculation and preannounce crisis. (Article: Folha de S.Paulo).
2006. Today we have global disgovernance rather than disgovernance given the high and persistent current account deficits in the US economy. (Conjuntura Econômica)
1992. Preface to book by Vera Thorstensen on the European Union.
1978. Multinational entreprises involve a new form of dependency, requiring carefull scrutiny. Brazil does not need so much of capital as it is said. The Brazilian bourgeoisie is associated to multinationals, but the state's technobureaucracy is not, and may be a source of national autonomy. (Paper: Encontros com a Civilização Brasileira)*
1978. Multinational enterprises contribute to economic development but are cause of income concentration.(Paper: Revue Tiers Monde)