New-Developmental Economics (NDE) - all texts


Documentos 1 a 60 de 129



Do liberal policy regimes condemn Latin America to quasi-stagnation?

2021. The liberal policy regime is incompatible with growth in Latin America. (Paper with Carmem Feijó and Eliane de Araújo to be published in Oxford Handbook on Secular Stagnation). Working paper EESP/FGV 541, February 2021.



Para superação das crises, Brasil precisa abandonar o liberalismo econômico

2020. Para Bresser-Pereira, com pensamento liberal não pode haver crescimento. Por isso, reedita sua tese novo-desenvolvimentista e assegura que imprimir moeda não é sinônimo de inflação descontrolada (Entrevista para Unisinos).



Defining the New-Developmental Economics

2020. Short definition of the new-developmental economics. (Published only in this site)



Does the liberal policy regime condemn Latin America to quasi-stagnation?

(2020) Yes, it is, because liberals ignore the Dutch disease, recommend growth with "foreign savings", etc. Paper with Carmem Feijó e Eliane Araújo.



Video: Macroeconomia Novo-Desenvolvimentista em 2018

2020. Bresser-Pereira talks with Carmem Feijó and Eliane Araújo on the New-Developmental Macroeconomics which he is building with other economists since the early 2000s. (Video, Interview, 24 minutes)



Novo Desenvolvimentismo - Um segundo momento do estruturalismo Latino-Americano

2020 - In the 2000s, New Developmentalism is a second moment of the Latin American Structuralism, which faced crisis since the 1970s. Actualised conference given when I received the title of Doctor Honoris Cause by the University of Buenos Aires, 18 October 2011.



A new theoretical framework: New Developmentalism

2020. New Developmentalism is a theoretical framework being defined since the early 2000s. It is a political economy and a development macroeconomics that originates from Development Economics and Post-Keynesian Macroeconomics. (Paper in Challenge,)



A new theoretical framework: New Developmentalism

2020. New Developmentalism is a theoretical framework being defined since the early 2000s. It is a political economy and a development macroeconomics that originates from Development Economics and Post-Keynesian Macroeconomics. (Paper in Challenge,)



Medeiros's critique to New Developmentalism and Bresser-Pereira's response

2020-Carlos Medeiros' critique to the new-developmental theory and Bresser-Pereira's response in the same issue of ROKE.



New Developmentalism: development macroeconomics for middle income countries

2019. This is the best summary of the economics and political economy of New Developmentalism. (Cambridge Journal of Economics)



Modelos de estado desenvolvimentista

2019. All industrial revolutions happened in the framework of a developmental state. We can distinguish in history four basic models of developmental state.



Como se define a taxa de câmbio de equilíbrio ou competitiva? E por que a taxa de câmbio é determinante do desenvolvimento?

This note defines the competitive exchange rate and summarizes the new-developmental theory explaining why the exchange rate is determinant of investment and growth.. English version available, November 2019.



How to define the competitive exchange rate? Why is it determinant of economic growth?

This note defines the competitive exchange rate and summarizes the new-developmental theory explaining why the exchange rate is determinant of investment and growth.. Written to be published in my website. EAESP / FGV, November 2019. Portuguese version available.



Principles on New Developmentalism

2019. Fifteen principles that summarized New Developmentalism. A collective document which counted with the collaboration of several economists and political scientists.



A doença holandesa e a doença de custos

(2019) A simple way of neutralizing the Dutch disease in relation to the domestic market is to set a variable import tariff on manufactured goods. Variable according to the price os the commodities that originate the disease. (Op-column in Valor)



Macroeconomia Novo-Desenvolvimentista (State of the art in 2018)

2019. Sumary of New Developmentalism's development macroeconomics (a work in progress) as it standed in the end of 2018. (paper in edited book)



Do desenvolvimentismo clássico e da macroeconomia pós-Keynesian ao novo desenvolvimentismo

2019. An introduction to New-Developmental Theory or New Developmentalism. How it was born from Classical Developmentalism or Development Macroeconomics and Post-Keynesian Economics. (Paper in BJPE)



From classical developmentalism and post-Keynesian macroeconomics to new developmentalism

2019. An introduction to New-Developmental Theory or New Developmentalism. How it was born from Classical Developmentalism or Development Macroeconomics and Post-Keynesian Economics. (Paper in BJPE)



Desenvolvimento, sofisticação produtiva, valor-trabalho e salários

2019. Economic growth involves increase of real wages. Which are not detemined by the subsistence level of the workers but from their cost of reproduction that increase with the value-added per capita, while the profit rate remains satisfying - enough to lead companies to invest. Paper (Nova Economia)



Revolução Capitalista e desenvolvimento

2019. The Capitalist Revolution envelops the Commercial Revolution, the formation of the nation-states, and the industrial revolution. England was the first nation to "complete" it. After each country makes the Capitalist Revolution, economic development begins and turns self-sustained. (paper)



Teoria novo-desenvolvimentista e teoria liberal comparadas

2018 (Entrevista de Isaías Albertin de Moraes e Hugo Carcanholo Iasco Pereira)



The rise of a new developmental macroeconomics for middleincome countries: From classical to new developmentalism

2018. New developmentalism was born from classical developmentalism and post-Keynesian macroeconomics. This paper tels this history. Is a good introduction do new developmentalism. (Paper)



Rentier-financier capitalism

2018. Rentiers, the inheritors of the entrepreneurs, and financiers, a special type of technobureaucrats, are the fuling classes in contemporary capitalism; neoliberalism is their ideology. The financiers manage the wealth of the idle rentiers and act as organic intellectuals of this very narrow class coalition. (Paper to be published)



Novo desenvolvimentismo

2018. A synthesis of New Developmentalism in a few pages. (Cap.3 Em Busca do Desenvolvimento Perdido)



New developmentalism: Macroeconomics and political economy for developing countries

2017. A short (4.000 words) summary of new developmentalism - a new theoretical framework for allow middle-income countries to grow again. (DOC Research Institute website) (Available in Portuguese)



Who benefits from high interest rates and an appreciated currency?

2017. The great majority of liberal economists mean no harm by promoting fiscal adjustment alone.



A quem interessa juros altos e moeda apreciada?

2017. Liberal economists don't discuss the exchange rate, because its devaluation hurts rentiers and financiers that they represent. (Valor).



After the demise of neoliberalism, a third developmental capitalism?

2017. The first developmentalism was mercantilism, the second, Fordism, which was a progressive class coalition. After the 2008 Crisis neoliberalism turned demoralized, state intervention increased, and a third developmentalism is looming, but it will be a conservative capitalism due to the competition of China and other developing countries.



The case for deindustrialization in developing countries: towards the connection between the macroeconomic regime and the industrial policy in Brazil

2017. With André Nassif and Carmem Feijó. A discussion on the connection between the macroeconomic regime and industrial policy, both oriented to reindustrialisation and catching up. (Paper for the Cambridge Journal of Economics)



Novo desenvolvimentismo é resposta para a crise

2017. A short (4.000 words) summary of new developmentalism - a new theoretical framework to allow middle-income countries to grow again. Ilustríssima, Folha) (Available in English)



Como sair do regime liberal de política econômica e da quase-estagnação desde 1990

2017 - Since 1990, the Brazilian economy is quasi-stagnant under a liberal economic policy regime. Rentier-financier liberalism is incompatible with growth, because it keeps interest rates very high and the exchange rate overvalued in the long-term. (Paper: Estudos Avançados).



How to neutralize the Dutch disease notwithstanding the natural resource curse

2017. The Dutch disease is an economic problem that a simple economic policy may resolve, while the natural resource curse is a political-cultural problem very difficult to resolve. Paper presented in St. Petersburg.



Desenvolvimento econômico, sofisticação produtiva e valor-trabalho

2017. Em países em desenvolvimento a sofisticação produtiva e o aumento da produtividade podem ser melhor explicados pela transferência de trabalhadores e técnicos para os setores mais sofisticados, do que pelos rendimentos crescentes, que são mais relevantes para os países ricos.



Estado capaz (desenvolvimentista) e democracia em países pré-industriais

2014. Countries turn consolidated democracies after their industrial revolution which they made in authoritarian regimes. Today, pre-industrial countries are supposed to be democratic before their industrial revolutions. (EESP/FGV discussion paper 367)



Models of developmental state (TD)

2016. All industrial revolutions happened in the framework of a developmental state. We can distinguish in history four basic models of developmental state. Portuguese version available.(Texto p/ Discussão)



The political crisis of globalization

2016. National solidarity, first, and social-democracy, later on, have mitigated Capitalist exploitation. The demise of these two institutions led global capitalism to the present political crisis. (essay)



Teoria novo-desenvolvimentista: uma síntese

2016. As a theoretical system, new developmentalism originates from classical developmentalism (development economics) and from post-Keynesian macroeconomics. It contains a macroeconomics, a beginning of a microeconomics, and a political economy. (Paper in Cadernos do Desenvolvimento.)



Why developing countries should not incur foreign debt: the Brazilian experience

2016. Paper with Thiago de Moraes Moreira. Current account deficits, even when financed by direct investments, hinder instead of enhance growth because the cause overvaluation of the national currency. (Paper in edited book to be published)



Reflexões sobre o Novo Desenvolvimentismo e o Desenvolvimentismo Clássico

2016. Classic Developmentalism and New Developmentalism are theoretical frameworks. Don't mix them with really existing developmentalisms, as national-developmentalism and social developmentalism. English version available(Paper, Revista de Economia Política)



Reflecting on New Developmentalism and classical developmentalism

2015. New Developmentalism is a theory that was preceded by Classical Developmentalism. It focus on the equilibrium of five macroeconomic prices, and of the two macro accounts, particularly the current or external account.



New developmentalism and developmental macroeconomics

2016. The is my best presentation summarizing new developmentalism and its developmental macroeconomics. (Slides in the 1st International Worskhop on New Developmentalism)



Developmental macroeconomics and new developmentalism

A slide presentation. To the moment, it is my best summary of Developmental Macroeconomics. (Special session in the Bilbao Post-Keynesian Conference, June 2016)



Industrial policy and exchange rate skepticism

2015. With Fernando Rugitsky. Classical Developmentalism (Prebisch et al.) was skeptical in relation to exchange rate policy, preferring industrial policy on the form of high import taxes, while for New Developmentalism the neutralization of the tendency to the cyclical and chronic overvaluation of the exchange rate is the key policy to be adopted. (Paper Cambridge Journal of Economics)



Remando contra a maré: novo desenvolvimentismo e interesse nacional

2016. Long interview of Bresser-Pereira to Alvaro Comin e Paulo Todescan Mattos for Plural, journal from USP's graduate program in sociology.



Modelos de estado desenvolvimentista (TD)

2016. All industrial revolutions happened in the framework of a developmental state. We can distinguish in history four basic models of developmental state. (Paper to be published - TD-412). English version available.



The economics and the political economy of new-developmentalism

2017. First version of the paper "New Developmentalism: a development macroeconomics published in the Cambridge Journal of Economics in 2020. (Paper)



Du développementisme classique au nouveau développementisme

2016. Avec Eric Berr. A brief article relating New Developmentalism and economic growth. In French, in edited book.



The 2016 Laporde classes on New Developmentalism and Developmental Macroeconomics

2016. Eight hours course in the 6th LAPORDE - Latin American Advanced Programme of Rethinking Macro and Development Economics (slide presentation).



Developmental Macroeconomics: New Developmentalism as a Growth Strategy

2014. With Nelson Marconi and José Luís Oreiro. Developmental Macroeconomics is a book on development macroeconomics associated with New Developmentalism. In its core are the exchange rate and the current account, instead of the budget deficit and the interest rate. (Book: Routledge) Nas livrarias e em Kindle



O pensamento novo desenvolvimentista

2014. Novo desenvolvimentismo, como teoria, distinguido de desenvolvimentismo como tipo ideal de realidade histórica. Notas para futuro artigo aproveitando ideias apresentadas na UFRGS, em Porto Alegre, em junho 2014 (Slide presentation).



Estado desenvolvimentista e novo desenvolvimentismo no Brasil

2014. Apresentação para o Seminário "Repensando a trajetória do Estado brasileiro", Semana de Ciência Política da UFSCAR (Slide presentation).



A theoretical framework for a Structuralist Development Macroeconomics

2014. With José Luis Oreiro and Nelson Marconi. A synthesis of structuralist development macroeconomics and the critique of the "foreign constraint" thesis. (Paper in edited book)



Nacionalismo e novo desenvolvimentismo

2013. To develop the latecomer countries had to be nationalist and developmental because they faced the imperialism of the first countries that industrialized and became powerful. (Introduction to O Que Esperar do Brasil?)



Financial Stability and Growth: Perspectives on Financial Regulation and New Developmentalism

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. (Book edited with Jan Kregel and Leonardo Burlamaqui )



The access to demand

2014. In developing countries it is not enough to secure demand for entrepreneurs to invest; additionally, is required access to it, which only a competitive exchange rate can assure. (Paper Keynesian Brazilian Review)



New developmentalism and developmental macroeconomics

2014. Discipline given to the 5th LAPORDE - Latin American Advanced Programme of Rethinking Macro and Development Economics (Slide presentation)



Comparando a teoria estruturalista do desenvolvimento com a teoria novo-desenvolvimentista

1914. Comparing in one table the structuralist economic theory (or old developmentalism) with new-developmental structuralism - the micro as well as the macroeconomic aspects.



Revolução capitalista e Estado desenvolvimentista

2013. A developmental state was behind the Capitalist Revolution and the economic development that then historically beggins. (Paper just available in this website)



The value of the exchange rate and the Dutch disease

2013. A revised version of my 2008 paper on the Dutch disease in which I distinguish the value from the market price of the exchange rate. (Paper: Brazilian Journal of Political Economy)



A alternância histórica do desenvolvimentismo e do liberalismo econômico

2013. Palestra no seminário "Desafios atuais do desenvolvimento brasileiro" (Slide presentation).




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