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Developmental Macroeconomics
Developmental Macroeconomics: Access to Demand, the Exchange Rate and Growth offers a new approach to development economics and macroeconomics. It is a Keynesian-structuralist approach to economics applied to middle income countries that emphasizes the strategic role of demand in creating investment opportunities that are essential to economic development. It also explores crucial links between short-term full employment and financial stability with medium term growth. While this book emphasizes the central role played by the exchange rate it does not ignore other macroeconomic prices (the interest rate, the inflation rate and the profit rate). It develops a group of concepts and models and ...
Globalization and Competition
Globalization and Competition explains why some middle-income countries, principally those in Asia, grow fast while others are not successful. The author criticizes both old-style developmentalism and the economics of the Washington Consensus. He argues instead for a "new developmentalism" or third approach that builds on a national development strategy. This approach differs from the neoliberal strategy that rich nations propose to emerging economies principally on macroeconomic grounds. Developing countries face a key obstacle to growth, namely, the tendency to overvaluate foreign exchange. Instead of neutralizing it, the policy that rich countries promote mistakenly seeks growth through foreign savings, which causes additional appreciation of the national currency and often results in financial crises rather than genuine investment.
The Political Construction of Brazil
A big and bold book by a leading Brazilian public intellectual and scholar-practitioner. Whether or not one agrees with his conclusions, Bresser-Pereira reaches deep into the history of the turbulent twentieth century to set the terms for a new debate on Brazil¿s development in the twenty-first. --Matthew Taylor, American University Spanning the period from the country¿s independence in 1822 through early 2015, Luiz Carlos Bresser-Pereira assesses the trajectory of Brazil¿s political, social, and economic development. Bresser-Pereira draws on his decades of first-hand experience to shed light on the many paradoxes that have characterized Brazil¿s polity, its society, and the relations between the two across nearly two centuries. Luiz Carlos Bresser-Pereira is professor emeritus of politics and economics at the Getulio Vargas Foundation. In addition to his long academic career, he has served as Brazil¿s minister of finance, minister of federal administration and state reform, and minister of science and technology, and also as secretary of the government of the state of São Paulo.
Economic Reforms in New Democracies
In this book the authors assess the experiences of transition in Southern Europe, Latin America and Eastern Europe in order to determine what the conditions for successful transitions are. They argue against the "big bang" approach, espoused by many advisors to reforming countries, on the grounds that this approach bypasses the newly formed institutions of democracy that ultimately may undermine the necessary consensus to support painful economic reforms. The most successful reforms, they argue, have been those agreed upon through a process of democratic negotiation. A new democracy must offer politically important groups incentives to process their demands within the democratic institutional framework; otherwise, their support will be tenuous and the system may collapse under the strains incurred by painful economic reforms.
Reforming the State
The authors of this volume explore general themes of managerial public administration and government reform, then focus on specific Latin American experiences and trends. Discussions of accountability, empowerment, citizen values and new institutions are also included.
New Developmentalism
This timely book offers a concise summary of new developmentalism, exploring this in the context of both heterodox economics and political economy. It adopts a historical–structural method that is critical of orthodox or Neoclassical Economics. Luis Carlos Bresser-Pereira delves into the roots of new developmentalism from the quasi-stagnation of middle-income countries, covering how it developed from Marxian economics, post-Keynesian economics and Classical Structuralism.
Democracy and Public Management Reform
Building the Republican State is an insightful analysis of the new state and the new public management that is emerging in the twenty-first century. It presents the historical stages that led to the modern state, identifies a crisis of the nation-state and its origins in a fiscal crisis and in globalization, and situates public management in the last phase - the social-liberal and republican state. To understand such stages the author develops the theory of republicanrights, as a fourth type of citizenship right, after the civil, the political, and the social rights.The book contains an original model of reform, in which the roles of the state, the forms of ownership, the types of public adm...
Brazil
Brazil, the largest of the Latin American nations, is fast becoming a potent international economic player as well as a regional power. This English translation of an acclaimed Brazilian anthology provides critical overviews of Brazilian life, history, and culture and insight into Brazil's development over the past century. The distinguished essayists, most of whom are Brazilian, provide expert perspectives on the social, economic, and cultural challenges that face Brazil as it seeks future directions in the age of globalization. All of the contributors connect past, present, and future Brazil. Their analyses converge on the observation that although Brazil has undergone radical changes duri...
Institutions and the Role of the State
The rise of the institutionalist and evolutionary approaches in economics has posed a serious intellectual challenge to the dominant neo-classical paradigm. This book draws together leading scholars in the fields of institutional and evolutionary economics who apply cutting-edge research to one of the most controversial issues of our day, namely, the role of the state.
Economic Crisis and State Reform in Brazil
Bresser Pereira examines the economic crisis that took hold of Brazil and the rest of Latin America in the 1980s, its political consequences, and the economic reforms that were begun in the mid '80s, but that remain incomplete a decade later.
