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)

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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)

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Como se define a taxa de câmbio de equilíbrio ou competitiva? E por que a taxa de câmbio é determinante do desenvolvimento?

Luiz Carlos Bresser-Pereira

Only in this website.

Note defining the concept of competitive exchange rate, summarizing the theory that makes the exchange rate determinant of investment and growth, and explaining why New Developmentalism was able to arrive at this idea while other schools of thought did not; because only this school affirms that the exchange rate tends to remain appreciable in the long run in developing countries.

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