ND - ECONOMICS - BASIC TEXTS

2023. In this report I identified the new concepts, models and tendencies that I introduiced year a year in New-Developmental Theory and the respective papers - in its Political Economy and Economics. Sections for books, precedent works, the theory of inertial inflation, the methodological critque of Neoclassical Economics, history of economic thought and ND, successive summaries, and some applications.

2023. New developmentalism is a theoretical framework that has been developed since the beginning of the century, mainly in Brazil, and is aimed at understanding and offering policies to middle-income countries.

2020. Short definition of the new-developmental economics. (Published only in this site)

(2020) Yes, it is, because liberals ignore the Dutch disease, recommend growth with "foreign savings", etc. Paper with Carmem Feijó e Eliane Araújo. (To be published in the Handbook on Secular Stagnation)

2020. A retention or tax on the export of commodities will neutralize the Dutch disease and assure to the manufacturing industry equal conditions in the competion with other countries. The tax will not represent a buden to the exporters, because they receive back their money on the form of depreciation of the real. (Paper: Journal of Post Keynesian Economics)

2019. This is the best summary of the economics and political economy of New Developmentalism. (Cambridge Journal of Economics)

This note defines the competitive exchange rate and summarizes the new-developmental theory explaining why the exchange rate is determinant of investment and growth.. Written to be published in my website. EAESP / FGV, November 2019. Portuguese version available.

2019. Fifteen principles that summarized New Developmentalism. A collective document which counted with the collaboration of several economists and political scientists.

2019. An introduction to New-Developmental Theory or New Developmentalism. How it was born from Classical Developmentalism or Development Macroeconomics and Post-Keynesian Economics. (Paper in BJPE)

2019. An introduction to New-Developmental Theory or New Developmentalism. How it was born from Classical Developmentalism or Development Macroeconomics and Post-Keynesian Economics. (Paper in BJPE)

2018. Rentiers, the inheritors of the entrepreneurs, and financiers, a special type of technobureaucrats, are the fuling classes in contemporary capitalism; neoliberalism is their ideology. The financiers manage the wealth of the idle rentiers and act as organic intellectuals of this very narrow class coalition. (Revista de Estudos Avançados,USP)

2018. Developmentalism is the twin brother of economic nationalism, as it is the ideology of development geared toward industrialization that assumes a moderate state intervention in the economy and the defense of national interest in a world in which competition between nations is stronger than cooperation. (Paper in Economia e Sociedade; English version also in this site).

2016. Against conventional wisdom, countries that don't incur into current account deficits grow faster, because such deficits correspond to an overvalued currency that encourages consumption and discourages investment. (Paper)

2016. As a theoretical system, new developmentalism originates from classical developmentalism (development economics) and from post-Keynesian macroeconomics. It contains a macroeconomics, a beginning of a microeconomics, and a political economy. (Paper in Cadernos do Desenvolvimento.)

2014, with Pedro Rossi. The euro crisis is a internal exchange rate crisis; austerity is a costly and inhuman policy of internal depreciation. (paper, in the Journal of Post Keynesian Economiscs)