Now showing items 1-10 of 228
Neutralizing the Dutch disease
This paper discusses the political economy involved in the required neutralization of the Dutch disease – a long-term overvaluation of a national currency originated in exports of commodities that generate Ricardian rents ...
Since the beginning of the twentieth century there are three basic social classes: the capitalist class or bourgeoisie, the working class and the professional class or technobureaucracy. In the first part of the century, ...
Afinal, a estagnação secular do capitalismo?
(Associação Nacional de Pós-Graduação e Pesquisa em Ciências Sociais - ANPOCS, 2018)
Historical models and economic syllogisms
This paper proposes a classification of economic models into three types: historical, axiomatic and conditional. Historical or empirical models utilize the historical-deductive method, and are generalizations from the ...
The economics and the political economy of new-developmentalism
This paper resumes new developmentalism – a theoretical framework being defined since the early 2000s to understand middle-income countries. It contains a political economy, the beginning of a microeconomics and a ...
Secular stagnation in the framework of rentier-financier capitalism and globalization
Rentier-financier capitalism, neoliberalism and globalization have been in a crisis since 2008. It is characterized by low growth rates, quasi-stagnant wages and increase of inequality since rentiers replaced business ...
Como sair do regime liberal de política econômica e da quase-estagnação desde 1990
(Instituto de Estudos Avançados da Universidade de São Paulo, 2017-04-01)
Brazil has grown extraordinarily between 1930 and 1980 under a regime of developmental economic policy; since 1990, it is quasi-stagnant under a liberal regime. Lula did nothing to change it. Dilma Rousseff tried, in 2011, ...
Reforma gerencial e legitimação do estado social
(Fundação Getulio Vargas, 2017-02-01)
This paper lists three new historical facts after the Second World War: the emergence of the welfare or social state in the 1940s, its rejection by a rentier and financier neoliberal ideology that becomes dominant from the ...
How to neutralize the Dutch disease notwithstanding the natural resources curse
This paper discusses two closely related concepts – the Dutch disease and the natural resource curse – and a third one, exchange rate populism, associated to the curse. The Dutch disease is a long-term overvaluation of the ...
After financial-rentier capitalism, structural change in sight?
(Centro Brasileiro de Análise e Planejamento, 2017)
Brexit and the election of Donald Trump are a symptom of the political crisis of globalization and neoliberalism. The secret of capitalism was in entrepreneurs who combined economic liberalism and individualism with ...