Para Roberto Giannetti sobre o Câmbio

2011. Troca de mensagens com Roberto Giannetti.

The euro crisis, a structuralist macroeconomics approach

2012. The euro was a major mistake. Sovereign countries changed their national moneys for a "foreign currency", which they cannot either issue or depreciate. (Slide presentation)

Structuralist Development Macroeconomics and New Developmentalism

2012. A class at LAPORDE/FGV summarizing structuralist development macroeconomics and of new developmentalism. (Class: slide presentation)

Mondialisation et Compétition de Luiz Carlos Bresser-Pereira

2011. Angel Asensio sur le livre Mondialisation et Compétition.

Fundamentos da taxa de câmbio

2010. Troca de mensagens sobre a determinação da taxa de câmbio com José Luis Oreiro, Nelson Marconi, Eliane de Araújo e Marcos Rocha.

Doença holandesa e indústria (coletânea)

2010. Livro que contém os trabalhos apresentados no 4o. Fórum de Economia da Fundação Getulio Vargas.

A tendência à sobreapreciação da taxa de câmbio

2009. Brazil as all developing countries is subjected to the tendency to the overvaluation of the exchange rate. Since 1991 Brazil stop neutralizing this tendency, and was stage of substitution of foreign for domestic savings, balance of payment crises and low growth. (Paper: Econômica, Rio de Janeiro, V. 11, No. 1 Spanish version available.

Câmbio real e poupança interna (Valor, 20.8.08)

2008. Contrarily to what say conventional economists, current account deficit does not imply excess demand it may simply be the outcome of an overvalued exchange rate. (Article with Paulo Gala: Valor).

A fragilidade que nasce da dependência da poupança externa

2001 Critique of the growth with foreign savings policy. This short article is New Developmentalism's founding article, together with a paper that I wrote with Nakano no ano seguinte, "Economic growth with foreign savings?" (Valor 1000, 2001).

Featured

Dolarização crônica: Argentina e Brasil

1991. With Aldo Ferrer. While dollarization is limited in Brazil, is generalized in Argentina (Paper written before the 'plan de convertibilidad': Revista de Economia Política )*