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)
NEW-DEVELOPMENTAL THEORY (NDT)
ND - APPLIED TEXTS
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. 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. 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. 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).
2005 China evluated 2,1% the yuan, but this does not mean that she will submit to the US. The secret of her enormous growth has been to reject foreign savings and foreing advices.(Article: Folha de S.Paulo)
2005. The perverse macroeconomic model of the Brazilian economy combining high interest rate and low exchange rate with growth with foreign savings and quasi-stagnation. (In edited book, Novo Desenvolvimentismo)*
2004. The critique of the growth cum foreign savings strategy adopted in the Cardoso administration. Foreign finance does not cause growth. Spanish version available. (Paper: International Journal of Political Economy)*
2004. The growth cum foreign savings strategy and the consequent exchange rate evaluation is the basic cause behind Cardoso administration's poor economic performance. Translation of "O Segundo Consenso de Washington e a Quase-estagnação do Brasil". (Paper: Problèmes d'Amérique Latine)*
2004. Between 1998 and 2003 foreign savings fell 5% and domestic savings increased correspondingly, financed by a reduction in real wages (brought by exchange rate depreciation) and a diminution of the budget deficit. (Article: Folha de S.Paulo)
2004. With Carmen Varela. Latin Americas quasi-stagnation in the 1990s can be explained principally by the growth cum foreign savings strategy. (Paper: Journal of Post Keynesian Economics)
2003. The perverse macroeconomic model of the Brazilian economy combining high interest rate and low exchange rate with growth with foreign savings and quasi-stagnation. (Paper: Análise Econômica)*
2002. The growth cum foreign savings strategy and the consequent exchange rate overevaluation is the basic cause behind Cardoso administration's poor economic performance. Portuguese version available: O Segundo Consenso de Washington e a Quase-Estagnação da Economia Brasileira. (Paper: BNDES 50 Years)*
2001. With Yoshiaki Nakano. A critique of economic policy - particularly of the high interest rates - adopted from 1995. Originally it was written as a document to PSDB. It is one of the founding papers of New Developmentalism. Spanish version available. (Paper/document: Revista de Economia Política, July 2002).*
1994. Neoliberal triumphalism is dead. Democratic consolidation in Latin America and Eastern Europe will not be achieved by dismantling the state organization, but by rebuilding it. (Article in </>"Folha de S. Paulo"),
1991. An early critique of the Washington consensus. A systematic analysis of the Latin American crisis as a foreign debt and a fiscal crisis of the state crisis. Portuguese, English, and French versions available. (Paper: Pensamiento Iberamericano)
1991. An early critique of the Washington consensus. A systematic analysis of the Latin American crisis as a foreign debt and a fiscal crisis of the state crisis. Portuguese, English and Spanish versions available. (Paper: Problèmes dAmerique Latine).
1991. An early critique of the Washington consensus. A systematic analysis of the Latin American crisis as a foreign debt crisis and a fiscal crisis of the state. Portuguese, French, and Spanish versions available. (English version not published: just available in this site).