2022. This paper explains the two long-term causes of 40 years of quasi-stagnation of the Brazilian economy: the liberalization trap, which eliminated the neutralization of the Dutch disease and made the exchange rate overvalued and the fall in public investments. (Brazilian Journal of Political Economy)
ALL TEXTS ON BRAZILIAN ECONOMY
17.1.2021. Please, younger economists, research on the Dutch disease of the Brazilian automotive industry.
1.6.2020 - A critique of liberal economists that are rejecting the monetary financing of the expenditures with Covid-19. Adopting private financing Brazilians will have to pay the resulting public debt for years. Note in Facebook.
8.10.2019. The sale of state-owned companies to foreign counties is assuming an incredible dimension. It is a country for sale. (Note in the Facebook)
5.5.2019 The Brazilian economy is not recovering and liberal economists and financiers are perplex. (Note in the Facebook)
2.5.2019-Why is Brazil selling all its state-owned enterprises. One explanation is in the lieralism and dependence of the government and the economic elites, the other is that the fiscal deficits and the current account deficits make Brazil to sell the furniture of the house.
4.4.2019 - A proposta do governo de capitalização na emenda da Previdência constitui grave ameaça a um direito humano fundamental que as sociedades civilizadas garantem: o direito a uma velhice digna.
10.3.2019 - Embora a emenda da Previdência afirme que a escolha do regime de capitalização será optativa, na pratica reduz o teto previdenciário de seis para um salário mínimo. É uma violência contra o direito humano a uma velhice digna.
6.2.2019-Nota no Facebook. A recuperação da indústria é decepcionante por três razões além do fato de a taxa de juros continuar alta e a taxa de câmbio ainda estar apreciada: porque a demanda de bens industriais tanto interna quanto externa continua baixa, porque o governo não realizou a política fiscal contracíclica necessária, e porque os empresários ainda não estão se sentido com confiança em relação ao governo.
2017-I propose twelve new-developmental ecnomic reforms for Brazil (Facebook page)
2015. An long-term appreciated exchange rate represents a major competitive disadvantage. (Short interview to O Estado de S.Paulo)
2011.País deveria taxar exportações de commodities para reduzir o impacto na indústria nacional (Interview to Jamil Chade).
2010. Troca de cartas com Miguel Bruno.
2008. As the market resolved the exchange rate overvaluation and the reduction of the interest rate may be done without risking inflation, Brazil faces a golden opportunityto escape from its monetary trap.(Article: Folha de S.Paulo).
2008. Only the control of capital inflows will make the exchange rate again competitive. (Interview to Luciana Xavier, O Estado de S.Paulo)
2007. In global capitalism nation-states compete. As Brazil lost the idea of nation, it follows economic policies recommended by its competitors, and, so, is falling behind. (Entrevista ao Instituto Teotônio Vilela sobre o livro Macroeconomia da Estagnação)
2007. PAC is an welcomed program for the coordination of investments, but without a competent macroeconomic policy it will not make Brasil resume real economic growth.(Entrevista a Françoise Terzian, GVexecutivo)
2007. PAC is nice but innefective industrial policy. It will not lead make Brazil resume growth, and the same aplies to neo-liberal reforms. Only real macroeconomic equilibriu will do that. (Interview to Broadcast).
2006. Interview of Gabriel Palma on the high interest rate in Brazil. (Folha)
Francisco Lopes (2004). Bresser planned to make a second stabilization based on the "otenização" - something very similar to the mechanism that was used in the Plano Real to neutralize inertial inflation (Paper).