2016. With José Luis Oreiro e Nelson Marconi. Our more complete analysis of Developmental Macroeconomics – the central economic theory within New Developmentalism. (book)
2014, with Pedro Rossi. The euro crisis is a internal exchange rate crisis; austerity is a costly and inhuman policy of internal depreciation. (paper, in the Journal of Post Keynesian Economiscs)
2014. The 2008 global financial crisis took the world by surprise, not least because politicians, businessmen and economists believed that they had learned crucial lessons from the Great Depression of the 1930s. As a direct result of deregulated financial markets, financial crises occurred in both developed and developing economies. However, this volume argues that in the most recent crisis developing countries suffered less, and that financial policy and regulation played a crucial part in this. (Edited Book )
2012. Five selected articles published in Folha de S. Paulo> on the financial sovereign debt crisis.
2011. The Euro Zone faces a major crisis. It is trated as if it were a fiscal crisis but, actually, is a currency crisis. Meanwhile Brazil faces difficulties, but there is some progress in understanding the role of the exdhange rate. (Conference)
2012. Artigos publicados na imprensa, principalmente em minha coluna quinzenal na Folha de S. Paulo, entre 15.2.2010 e 5 de junho de 2012. Nesses artigos eu radicalizei a análise à medida em que fui compreendendo a gravidade da crise. O turning point para mim ocorreu quando, no artigo de 21 de novembro de 2011, dei-me conta de qual fora o erro fundamental dos países criadores do euro: eles substituíram suas moedas nacionais por uma moeda estrangeira.
2010. The 2008 financial crisis signaled the end of 30 Neoliberal Years of Capitalism. It was caused by the deregulation promoted by the neoliberal ideology justified “scientifically” by neoclassical economics. Paper (Revue de la Régulation).
2010. The 2008 financial crisis was caused by the deregulation promoted by neoliberal and financialized capitalism with the support of neoclassical economics. (Paper: Novos Estudos Cebrap).
2010.Revista de Economia da PUC-SP, São Paulo, No. 2, Jul.-dez./2009 No. 3, jan.-jun./2010.
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).
2009. The 2008 financial crisis was caused by the deregulation promoted by neoliberal and financialized capitalism with the support of neoclassical economics. (Paper: Journal of Post Keynesian Economics)
Dominação financeira e sua crise no quadro do capitalismo do conhecimento e do Estado democrático social
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
2008. To avoid new global financial crisis it would be necessary to convene among nations a maximum current account deficit in relation to GDP that would be allowed to countries. (Article just published in this website)
2005. The balance of payment crises in developing countries (originated in the strategy of growth with foreign savings) and the enormous US current account deficit are both the outcome of economic populism. The later problem points out to a hard landing. English version available.(Paper: Estudos Econômicos) .