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South Korea’s and China’s catching-up: a new developmentalist analysis
(2019-10)
The purpose of this paper is to analyze the catching-up processes of South Korea and post-1978 reforms China, based on a new developmentalist approach that considers four fundamental factors: 1) a complementarity relationship ...
Rentier-financier capitalism
(2018-05)
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, ...
Neutralizing the Dutch disease
(2018-05)
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 ...
Historical models and economic syllogisms
(Routledge, 2018)
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 ...
Afinal, a estagnação secular do capitalismo?
(Associação Nacional de Pós-Graduação e Pesquisa em Ciências Sociais - ANPOCS, 2018)
The economics and the political economy of new-developmentalism
(2017-10)
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
(2017-10)
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 ...
The two forms of capitalism: developmentalism and economic liberalism
(Centro de Economia Política, 2017)
This paper argues that the state and the market are the main institutions regulating capitalism, and, correspondingly, that the form of the economic and political coordination of capitalism will be either developmental or ...
