The Political Construction of Brazil

2017. An encompassing analysis of Brazil’s society, economy and politics since the Independence. A national-dependent interpretation. Three historical cycles of the relation state-society: State and Territorial Integration Cycle (1822-1929), Nation and Development Cycle (1930-1977) and Democracy and Social Justice Cycle (1977-2010). Crisis since then. (Book: Lynne Rienner Publishers)

Mais informações

Macroeconomia Desenvolvimentista

2016. With José Luis Oreiro e Nelson Marconi. Our more complete analysis of Developmental Macroeconomics – the central economic theory within New Developmentalism. (book)

Mais informações

Crise fiscal do Estado


Documentos 1 a 16 de 16



Economia política do gasto social no Brasil desde 1980/85

2004. While income per capita increased 8.5% in 20 years, social expenditures, 43.4%. Given the improvement in social standards this demonstrates that social expenditures are effective. (Note: Revista Econômica)*



Reformas econômicas em tempos anormais

1993. IMF adjustment programs and World Banks structural reforms ignore that the Brazilian economy faces abnormal times. (Paper in Revista da USP)



Economic reforms and economic growth: efficiency and politics in Latin America

1992. Stabilization and other market-oriented economic reforms face a double challenge in new democracies: they have to be economically effective and politically feasible. Since 1980 Latin America faced a debt crisis and a crisis of the state. Now, two competing interpretations are present the neo-liberal Washington Consensus and the fiscal crisis of the state approach. The later anticipates the 2003 "new developmentalism". (Paper: Chapter 1 of Economic Reforms in New Democracies).



The crisis of the state approach to Latin America

1993. After the dependency interpretation of Latin America, now two competing interpretations are present: the neoliberal Washington Consensus and what I propose: the fiscal crisis of the state approach. Portuguese and French versions available. This paper is a preliminary version of my chapter in Economic Reforms in New Democracies (1993). The "fiscal crisis approach" anticipates the 2003 "new developmentalism". (Paper: Instituto Norte-Sul Discussion Paper)



Contra a Corrente: A Experiência no Ministério da Fazenda

1992. Revised version of the testimony to IUPERJ on the author's experience as Finance Minister in Brazil: the major crisis, the "Bresser Plan", and the negotiation of the foreign debt. Non revised version available in French. (In Revista Brasileira de Ciências Sociais")



A crise da América Latina: Consenso de Washington ou crise fiscal?

1991. An early critique of the Washington consensus. A systematic analysis of the Latin American crisis as a foreign debt and a fiscal crisis of the state crisis. English, French, and Spanish versions available. Pesquisa e Planejamento Econômico 21(1), abril 1991: 3-23.



La crisis de América Latina. ¿Consenso de Washington o crisis fiscal?

1991. An early critique of the Washington consensus. A systematic analysis of the Latin American crisis as a foreign debt and a fiscal crisis of the state crisis. Portuguese, English, and French versions available. (Paper: Pensamiento Iberamericano)



La crise de la Amérique Latine: Consensus de Washington ou crise budgétaire?

1991. An early critique of the Washington consensus. A systematic analysis of the Latin American crisis as a foreign debt and a fiscal crisis of the state crisis. Portuguese, English and Spanish versions available. (Paper: Problèmes dAmerique Latine).



Economic crisis in Latin America: Washington consensus or fical crisis approach?

1991. An early critique of the Washington consensus. A systematic analysis of the Latin American crisis as a foreign debt crisis and a fiscal crisis of the state. Portuguese, French, and Spanish versions available. (English version not published: just available in this site).



Expériences d'un gouvernement: le ministère des Finances au Brésil

1989. A testimony to IUPERJ on the author's experience as Finance Minister in Brazil. I receive the finance ministry when the Great Debt Crisis of the 1980s reaches its peak with the failure of the Cruzado Plan. The emergence "Bresser Plan", and the negotiation of the foreign debt. Available in Portuguese, and in an extended version. (Published in Problèmes d'Amérique Latine)



Experiências de um governo

1988. A testimony to IUPERJ (Wanderley Guilherme dos Santos) on the authors experience as Finance Minister of Brazil. Available in French, and also an extended and revised version.(Discussion paper, IUPERJ)



Da crise fiscal à redução da dívida

1988. The country will only be able to resume growth if it combines fiscal adjustment with a substantial reduction of the the foreign debt, which should be unilateral, given the lack of dispostion of creditor to negotiate the securitization that I previously proposed. Versão inglesa ligeiramente reduzida em Christine Bogdanowicz-Bindert, org., Solving the Global Debt Crisis, New York: Harper & Row, 1989, com o título "A Debtor's Approach to the Debt Crisis" . (Paper my edited book Dívida Externa: Crise e Soluções)



Mudanças no padrão de financiamento do investimento no Brasil

1987. Investment used to be financed by the state. Yet, given the fiscal crisis of the state, the private sector is supposed to play a more active role. First paper where I discuss the fiscal crisis of the state. English version available.(Paper: Revista de Economia Política)



Changing patterns of financing investment in Brazil

1987. Investment used to be financed by the state. Yet, given the fiscal crisis of the state, the private sector is supposed to play a more active role. First paper where I discuss the fiscal crisis of the state. Portuguese version available(Paper)



Estado, poder de tributar e constituição

1985. The tax burden say what type state a nation has. in Brazil it is low in comparison with rich countries. It must be increased to finance the required social expenditures. (Lecture in Revista da Procuradoria Geral do Estado de S.Paulo)



A política econômica endógena

1981. Economic policy is becoming endogenous as the state gets imobilized for fiscal and financial reasons.




Fale conosco: ceciliaheise46@gmail.com