The Political Construction of Brazil

2017. An encompassing analysis of Brazil’s society, economy and politics since the Independence. A national-dependent interpretation. Three historical cycles of the relation state-society: State and Territorial Integration Cycle (1822-1929), Nation and Development Cycle (1930-1977) and Democracy and Social Justice Cycle (1977-2010). Crisis since then. (Book: Lynne Rienner Publishers)

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Macroeconomia Desenvolvimentista

2016. With José Luis Oreiro e Nelson Marconi. Our more complete analysis of Developmental Macroeconomics – the central economic theory within New Developmentalism. (book)

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Reformas econômicas em tempos anormais

Luiz Carlos Bresser-Pereira

Revista da USP 17, março 1993: 114-121.


The basic problem involved in IMFs recent adjustment programs and in World Banks structural reformas derives from the fact that they are designed to deal with normal situations, whereas most developing countries, particularly in Latin America and Eastern Europe, face today abnormal times. The standard critique against IMF stabilization programs was that they did not take into due consideration the specifities of developing countries. But, in sor far as countries developed and became capitalist economies this critique lost part of its relevance.


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