ND - ECONOMICS - ALL TEXTS

2012. Intervenção no seminário, "Desenvolvimento e Crise Global: impactos no Brasil e na América Latina", da Rede Desenvolvimentista. (Notas para a intevenção)

2012. The export-led x wage-led alternative is false. After the short import substitution phase GDP and exports must grow at the same rate. (Short paper)

2012. A class at LAPORDE/FGV summarizing structuralist development macroeconomics and of new developmentalism. (Class: slide presentation)

2011 - In the 2000s, New Developmentalism is a second moment of Latin American Structuralism, which faced crisis since the 1970s. Conference when I received the title of Doctor Honoris Cause by the University of Buenos Aires, 18 October 2011. ( This is the original speech; an actualized version was published in 2020)

2011. My more complete paper on new developmentalism. In José Antonio Ocampo and Jaime Ros, eds. Handbook of Latin America Economics, Oxford: Oxford University Press. (Paper). Portuguese version available.

2011. A short account on how a new national development strategy (new developmentalism) and on the theory behind (structuralist development macroeconomics) were developed since the early 2000s. (Short essay)

2011. A new Keynesian-structuralist school of thought is emerging in Brazil, formed by a Structuralist Development Macroeconomics that offers scientific explanation to New Developmentalism. (Paper: Revista de Economia Política).

2011. New developmentalism is a national development strategy that implies fiscal and exchange rate responsibility. Brazil lacks the latter. (Interesse Nacional).

2011. New developmentalism is an alternative strategy to conventional orthodoxy and to old national developmentalism. It argues for the neutralization of the tendency of the exchange rate to appreciate and for fiscal responsibility.(Paper in the book in hommage to Maria Conceição Tavares)

2010. With Paulo Gala. A summary of the structuralist development macroeconomics: the theory that is behind new developmentalism, the national development strategy required for catching up. Spanish version available. (Paper Revista de Economia Política).

2012. With Paulo Gala. A summary of the structuralist development macroeconomics: the theory that is behind new developmentalism, the national development strategy required for catching up. Portuguese version available. (Paper only in this website).

2010. What is new developmentalism? And structuralist development macroeconomics? To which extent is Brazil adopting it? Short answers to these three questions. (Article: Nueva Sociedad)).

2010. Troca de mensagens sobre a determinação da taxa de câmbio com José Luis Oreiro, Nelson Marconi, Eliane de Araújo e Marcos Rocha.

2010. In Globalization and Competitiion, behind the "new developmentalism" (a national development strategy) there is a "structuralist development macroeconomics" . (Note to be published in this website)

2010. Why some middle income countries catch up while others do not. Behind new developmentalism this book drafts a structuralist development macroeconomics in which the exchange rate plays a strategic role. (Book: Cambridge University Press).In the bookstores and in kindle

2009. Why some middle income countries catch up while others do not. Behind new developmentalism this book drafts a structuralist development macroeconomics in which the exchange rate plays a strategic role. (Book: Éditions La Découverte) In the bookstores.

2010. Why some middle income countries catch up while others do not. Behind new developmentalism this book drafts a structuralist development macroeconomics in which the exchange rate plays a strategic role. (Book: Siglo XXI). Avaliable here in pdf format.

2010. The four articles of my debate with prof. Affonso Celso Pastore on whether or not "foreign savings" (current account deficits) contribute to investment and growth.

2010. Carta a Carlos Aguiar de Medeiros.

2010. With José Luís Oreiro. Populist Keynesians are for chronic public deficits. Keynes only supported budget deficits in recession moments, and to finance investment, not current expenditures. (Article: Valor).