Macroeconomics of stagnation and new developmentalism in Latin America

2007.Paper comparing three growth strategies: old or national-developmentalism, new developmentalism, and Washingtons conventional orthodoxy - actually a form of neutralizing the catching up of medium income countries. Slightly improved version in relation to "New developmentalism and conventional orthodoxy". (Paper in the book Keynes for the Twentieth Century)

O ecletismo inovador: Bresser-Pereira e o desenvolvimento brasileiro

2007. A review paper of Bresser-Pereira book Desenvolvimento e Crise no Brasil, 5th edition, by Pedro Cezar Dutra Fonseca. (Revista Economia e Sociedade)

Estado e mercado no novo desenvolvimentismo

2007. This is a reduced version of a "Novo desenvolvimentismo e ortodoxia convencional". It compares three growth strategies: old or national-developmentalism, new developmentalism, and Washington,s conventional orthodoxy. Spanish version available (Paper: Nueva Sociedad Especial em Português)

Globalização e estado-nação

2007. In globalization, although nation-states are more interdependent, they are also more strategic. A econometric study confirms that. In 2008 the English version of this paper was published in the Brazilian Journal of Political Economy. (Discussion Paper)

Esquerda nacional e empresários na América Latina

2007. Businessmen may support a moderate left political party if this party is also national commited to national economic development. Spanish version available.(Paper Lua Nova)

Burocracia pública e reforma gerencial

2007. The Brazilian public bureaucracy as well as the industrial bourgeoisie are out of the dominant political coalition since late 1980s. Yet, as it is engaged in the 1995 Managerial Reform, it is committed with a project.(Paper Revista do Serviço Público). French version available.

Foreign savings, insufficiency of demand, and low growth

2008. With Paulo Gala. An overvalued currency is a central cause of insufficiency of demand. The growth with foreign savings policy appreciates local currencies, increases domestic consumption, and causes domestic saving to be replaced by foreign savings. (Paper Journal of Post Keynesian Economics).

Por que a poupança externa não promove crescimento

2007. With Paulo Gala. A formalization of the critique of the strategy of growth with foreign savings: the consequent exchange rate appreciation increases artificially wages and causes the substitution of domestic with foreign savings. English version available.(Paper: Revista de Economia Política)

Macroeconomia da estagnação e novo desenvolvimentismo

2007. Paper comparing three growth strategies: old or national-developmentalism, new developmentalism, and Washington's conventional orthodoxy - actually a form of neutralizing the catching up of medium income countries. Updated and improved version of "Novo desenvolvimentismo e ortodoxia convencional". (Paper in book edited by Bresser-Pereira)

The structural public governance model

2007. This paper summarizes my model of public management reform, and shows that, depending on the form it is applied, it may be progressive instead of neo-liberal. Portuguese version available.(Paper: International Public Management Review). Spanish version(Paper: Revista del CLAD Reforma y Democracia).

O modelo estrutural de gerência pública

2007. This paper summarizes Bresser-Pereiras model of public management reform, emphazing its double aspect one, mangerial, the other, structural.English version available (Paper: Revista de Administração Pública). Spanish version(Paper: Revista del CLAD Reforma y Democracia).

El modelo estructural de gobernanza pública

2006. Revista del CLAD Reforma y Democracia, No. 36,
Portuguese version available.(Paper: International Public Management Review).
English version available (Paper: Revista de Administração Pública).

Why foreign savings fail to cause growth

  • autor: Luiz Carlos Bresser-Pereira and Paulo Gala

2007. With Paulo Gala. A formalization of the critique of the strategy of growth with foreign savings: the consequent exchange rate appreciation increases artificially wages and causes the substitution of domestic with foreign savings. Portuguese and Spanish versions available.(Paper to be published in book)

El nuevo desarrollismo y la ortodoxia convencional

2007. Paper comparing three growth strategies: old or national-developmentalism, new developmentalism, and Washingtons conventional orthodoxy - actually a form of neutralizing the catching up of medium income countries. Portuguese and English versions available. (Paper: Economía Unam)

Substitution of foreign for domestic savings: the Brazilian case

2006. Between 1994 and 1999, foreign savings substitute domestic ones instead of increasing investment (72,5%) The inverse happened when the country experienced current account surplus (113,9%). (Paper, just in this site) Portuguese version available.

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O novo desenvolvimentismo e a ortodoxia convencional

2007. Paper comparing three growth strategies: old or national-developmentalism, new developmentalism, and Washingtons conventional orthodoxy - actually a form of neutralizing the catching up of medium income countries. English and Spanish versions available. (Paper: Revista São Paulo em Perspectiva)

The substitution of foreign for domestic savings and its inverse: the Brazilian case

2006. The rate of substitution of foreign for domestic savings was high in Brazil in the period 1994-99, as the inverse rate was also high in the 2000-05 period. The critique of growth with foreign savings applied to Brazil. (Unpublished paper)

The new developmentalism and conventional orthodoxy

2006. Paper comparing three growth strategies old or national-developmentalism, new developmentalism, and Washingtons conventional orthodoxy - actually a form of neutralizing the catching up of medium income countries. An improved version available with the title "Macroeconomics of stagnation and new developmentalism".(Paper Economie Appliquée).

O Paradoxo da Esquerda no Brasil

2006. Why does the center-left win elections in Brazil but does not govern? Probabbly because the gap between civil society, which actually holds power, and the people is large.Spanish version available. (Paper in Novos Estudos Cebrap)