1993. A new political pact of the Brazilian elites around the idea of national development is a condition for political legitimacy and economic growth. Portuguese and English versions available.(Paper: Problèmes d Amérique Latine)*
1993. A new political pact of the Brazilian elites around the idea of national development is a condition for political legitimacy and economic growth. Portuguese and English versions available.(Paper: Problèmes d Amérique Latine)*
1993. Given its extreme social heterogeneity and the 'contradictory citizenship', there is not a social contract in Brazil. In the recent past, informal growth oriented political pacts replaced a social contracts. The solution for the present crisis depends on the definition of a not growth oriented political pact. French and English versions available.(Paper in book edited by Sola e Paulani).
1993. Given social heterogeneity and 'contradictory citizenship', there is not a basic social contract in Brazil, nor an informal growth oriented political pact (that may act as a substitute for a social contract). Available in French and Portuguese. (English version published only in this site).
1993. Brazil's failure to achieve price stabilization is essentially a consequence of the incompetence of authorities (and IMF) in acknowledging the inertial character of inflation and the lack of political support for fiscal adjustment. (Lecture in London)
1993. Since 1980 Latin American faced a debt crisis and a crisis of the state, which was also a crisis of the developmentalist interpretation. Now, two competing interpretations are present: the neoliberal Washington Consensus and the fiscal crisis of the state approach. English and French versions available. This is a preliminary version of my chapter in Economic Reforms in New Democracies, 1993. The "fiscal crisis approach" anticipates the 2003 "new developmentalism". (Paper: Novos Estudos CEBRAP )*
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)
1993. With José María Maravall and Adam Przeworski. The neoliberal economic reforms enacted by Latin Americas and Eastern Europes new democracies have proven inefficient and at times even ineffective. This derives both from a lack of political support and from the dogmatic orthodoxy adopted. This paper corresponds to the Introduction to the book Economic Reforms in New Democracies, 1993. Portuguese version available. (Paper in book by Bresser-Pereira, Maravall Przeworski).
1993. The Plano Bresser was a 1987 atempt to stabilize prices in Brazil in an adverse environment. English version available. (Paper: Revista de Economia Política).
1993. The Bresser Plan - an atempt to stabilize prices in Brazil in an adverse environment. Portuguese version available. (Paper in book edited by John Williamson)
1992. My theory of the cyclical character of state intervention applied to Brazil. (Chapter 6 of the book of essays A Crise do Estado)
1992. A slightly modified version of the Magna Class at the XVIII ANPEC’S Congress (National Association of Graduate Courses in Economics), Brasília, December 4, 1990.
1992. With Vera Thorstensen. Brazil is going through an important moment in its international relations and foreign trade policies. Portuguese version available. (Paper: published in ECLAC/IDB edited book)
1992. Com Vera Thorstensen. Brazil is going through an important moment in its international relations and foreign trade policies. English version available. (Paper: Política Externa)
1992. The 1991 IMF sponsored stabilisation plan (the 11th plan since 1979) with Marcilio Marques Moreira as finance minister will fail because it ignores the inertial character of inflation in Brazil. The size of the fiscal and foreign debt and the lack of support of society for a severe adjustment are additional causes. (Paper in book edite by Reis Velloso)
1992. The state is being criticized, on the right, by neoliberals, and on the left, by "logic of capital" Marxists. There is a cyclical aspect in it.(Paper: Lua Nova)
1992. Texto para Discussão
1992. Institutional rather than private ownership is the solution for large monopolist enterprises in command economies in transition to capitalism. (Note: Discussion Paper)
1991. With Fernando Dall'Acqua. Contrarily to what economic populists say, Keynes only admited budget deficits in special situations, as a temporary depart from fiscal balance.
Portuguese version available.(Paper: Journal of Post Keynesian Economics)
1991. With Fernando Dall'Acqua. Contrarily to what economic populists say, Keynes only admited budget deficits in special situations, as a temporary depart from fiscal balance. English version available.(Paper: edit book)