2002. With Yoshiaki Nakano. Developing countries' poor performance in the 1990s is related to the Washington strategy of growth with foreign savings. Portuguese version available.(Paper presented to International Post Keynesian Workshop).
2002. With Yoshiaki Nakano. Developing countries' poor performance in the 1990s is related to the Washington strategy of growth with foreign savings. Portuguese version available.(Paper presented to International Post Keynesian Workshop).
2003. With Yoshiaki Nakano. Developing countries poor performance in the 1990s is related to the Washington strategy of growth with foreign savings and open capital accounts. English version available.(Paper Revista de Economia Política)*
2002. The growth cum foreign savings strategy and the consequent exchange rate evaluation is the basic cause behind Cardoso administration's poor economic performance. (Revista de Economia Politica, 23(3) July 2003).*
2002. The growth cum foreign savings strategy and the consequent exchange rate overevaluation is the basic cause behind Cardoso administration's poor economic performance. Portuguese version available: O Segundo Consenso de Washington e a Quase-Estagnação da Economia Brasileira. (Paper: BNDES 50 Years)*
2001. With Yoshiaki Nakano. A critique of economic policy - particularly of the high interest rates - adopted from 1995. Originally it was written as a document to PSDB. It is one of the founding papers of New Developmentalism. Spanish version available. (Paper/document: Revista de Economia Política, July 2002).*
2001 With Yoshiaki Nakano. A critique of economic policy since 1995, showing that Central Bank s basic interest rate is absurd and can be reduced. Portuguese version available. (Paper/document: Instituciones y Desarrollo, May 2002).
2002. Foreign savings financed by direct investment often increase domestic consumption instead of the increase in the rate of investment. (Folha de S.Paulo, 18.1.2002).
2002. An overview of the Brazilian economy since the 1970s. Income concentrated in the period, but only some additional reduction in wages and salaries as a consequence of a less appreciated exchange rate will permit the country to resume growth. (Paper in book edited by Ricardo Bielschowky e Ricardo Mussi, Políticas para a Retomada do Crescimento - Reflexões de Economistas Brasileiros).
2001. My first paper after leaving the Cardoso administration in June 1999. Incompetence and subordination to the North characterized Latin American economic policies since the early 1980s'. English version available. (Paper: Revista de Economia Política) *
2001 Critique of the growth with foreign savings policy. This short article is New Developmentalism's founding article, together with a paper that I wrote with Nakano no ano seguinte, "Economic growth with foreign savings?" (Valor 1000, 2001).
1999. Capital is made at home. Growth is a challenge that Brazilians must face using their own savings. (Folha de S.Paulo, 17.3.1999).