ACADEMIC PAPERS

2026.  To Sachs it is clear that there is a need to reinvent the development-promoting state, which can and must take many forms, "but one thing is certain: despite the neoliberal mantra that proclaims the decline of states, the responsibility assumed by developmental states has increased".

2026. 

2025. In social sciences, the historical-structural method, based on historical materialism, is the basic method. Hermeneutics and dialectics are also considered. Essay

2014. É através da lógica do capital, que é a do lucro e a da acumulação; da lógica da organização, que é a do mérito e da eficiência; e da lógica da democracia, que é a da participação e da igualdade – que o Estado e as sociedades contemporâneas são socialmente construídos. (Tempo Social)

2025.  The article offers a broad view of Brazil today, a historically situated reality that can only be understood from a historical-structural analysis. Brazil is a mestizo country in which the white or whitened minority is racist.

2025. “Why left and right-wing governments fail in Latin America. With a critique of Gabriel Palma". (Paper)

2025. Essay available only in this website.

Luiz Carlos Bresser-Pereira, Carmem Feijó e Eliane Cristina Araújo (2022) This paper criticizes the “fundamental equilibrium” concept and develops two econometric tests. The first checks whether the four determinant variables used in the model are
relevant. The second verifies whether this model is a good predictor of the exchange rate throughout time. (Paper: Structural Change and Economic Dynamics).

2019. New developmentalism is a theoretical framework that explains growth and the failure to grow of developing countries, particularly the Latin American middle-income countries, which suffer from the Dutch disease and dependency in relation to the North.

2021. This paper resumes new developmentalism - a theoretical framework that has been defined since the early 2000s to understand middle-income countries.

2024. In this paper I search to figure out the historical trajectory of democratization - the improvement of the quality of democracy. Only published in this site.

2024. Human progress depends on republican citizens and a republican state. (Chapter of book)

2023. Paper with José Luis Oreiro. Development theory has a history, that goes from the classical political economy to Classical Structuralist Developmentalism and New Developmentalism.

2023. Chapter of "Rise and Fall of Neoliberal Rentier Capitalism", written in 2020.

2023. Neoliberalism has collapsed in the rich world. The State is back. In Brazil, however, neoliberalism is still dominant (Essay, in Global Policy).

2023. No pós-guerra, nos anos dourados do capitalismo, tivemos o capitalismo gerencial, no qual os capitalistas ainda eram dominantes e os gerentes estavam no segundo plano. Nos anos neoliberais, que se seguiram, os capitalistas deixaram de controlar o processo de acumulação de capital e a inovação que os legitimava. Hoje, depois do colapso do neoliberalismo em 2021, estamos caminhando para um gerencialismo democrático e desenvolvimentista.

2023. This paper is the history of how the theory of inertial inflation was developed in Brazil in the early 1980s, when inflation was very high, much higher than the stagflation that happened in the United States in the previous decade.

2022. (Revista de Economia, UFPR)

2021. The tittle says everything. This essay may also be an introduction to economic development and Latin America. Texto para Discussão EESP/FGV 554.

2021. Rentier capistalists ceased to command accumulation of capital and innovation. Managers do that. Neoliberal capitalism is changing into a managerial capitalism in which technobureaucrats assumed this role, while democracy is checking the threat represented by right-wing populism.  RAE - Revista de Administração de Empresas, 61 (3), 2021: 1-11. English version available