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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The failure to stabilise

Luiz Carlos Bresser-Pereira

Institute of Latin American Studies of the University of London (1993), Brazil: The Struggle for Modernisation. Keynote speech to the Conference "Brazil: Economic, Political and Social Reform", sponsored by the Institute of Latin America Studies of the University of London, February 18-19, 1993


Brazil's failure to achieve price stabilization is essentially a consequence of the incompetence of authorities (and IMF) in acknowledging the inertial character of inflation and the lack of political support for fiscal adjustment.


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