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2019. Secular stagnation of contemporary capitalism is associated to low productiviity, profits achieved through monopoly power, profusion of capitals, and the successful competition of some developing countries. (International Journal of Political Economy)

2018. Survey of the recent debate on the secular stagnation of capitalism, in special, Robert J. Gordon, The Rise and Fall of American Growth. Princeton: Princeton University Press, 2016.

2015. Texto para Discussão 399. The Brazilian economy is quasi stagnant from 1990, because since the 1980s it dos not have public savings to finance public investments, and because, since 1990, it is caught in a high interest rate-overvalued currency trap that makes the competent industrial firms not competitive and unable to invest. (Discussion paper). More actualized version available.

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)

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