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Twenty-four economists discuss how they promote egalitarianism, democracy and ecological sanity through research, activism, and policy engagement Economics and the Left presents interviews with twenty-four leading progressive economists. All of these practitioners of the “dismal science” are dedicated to both interpreting the world and changing it for the better. The result is a combustible brew of ideas and reflections on major historical events, including the Covid-19 pandemic and its impact on the global economy. Interviewed are: Michael Ash, Nelson Henrique Barbosa Filho, James K. Boyce, Ha-Joon Chang, Jane D’Arista, Diane Elson, Gerald Epstein, Nancy Folbre, James K. Galbraith, Teresa Ghilarducci, Jayati Ghosh, Ilene Grabel, Costas Lapavitsas, Zhongjin Li, William Milberg, Léonce Ndikumana, Ozlem Onaran, Robert Pollin, Malcolm Sawyer, Juliet Schor, Anwar Shaikh, William Spriggs, Fiona Tregenna and Thomas Weisskopf.
Ben Ross Schneider's volume, New Order and Progress takes a thorough look at the political economy of Brazil. The distinctive perspective of the 11 chapters is historical, comparative, and theoretical. Collectively, the chapters offer sobering insight into why Brazil has not been the rising economic star of the BRIC that many predicted it would be, but also documents the gains that Brazil has made toward greater equality and stability. The book is grouped into four parts covering Brazil's development strategy, governance, social change, and political representation. The authors -18 leading experts from Brazil and the United States - analyze core issues in Brazil's evolving political economy, including falling inequality, the new middle class, equalizing federalism, the politicization of the federal bureaucracy, resurgent state capitalism, labor market discrimination, survival of political dynasties, the expansion of suffrage, oil and the resource curse, exchange rates and capital controls, protest movements, and the frayed social contract.
While scholars, activists and pundits from around the world have heralded the Lula years as a breakthrough for poverty reduction and the forthcoming emergence of Brazil as a dynamic economic superpower, many of their counterparts in the country as well as a number of Brazilianists elsewhere, have expressed great disappointment. Tracing back the trajectory of Brazilian Workers’ Party (Partido dos Trabalhadores - PT), Hernán F. Gómez Bruera explores how holding national executive public office contributed decisively to a pragmatic shift away from the party’s radical redistributive and participatory platform, earning the approbation of international audiences and criticisms of domestic pr...
This book collects essays on the political economy of Brazil, focusing on the administrations led by the Workers’ Party, under Presidents Lula and Dilma Rousseff (2003-16). The essays examine the economic, political, and social aspects of these governments.
Praised by his many admirers as a "courageous and fearless" defender of human rights, Heráclito Fontoura Sobral Pinto (1893-1991) was the most consistently forceful opponent of the regime of Brazilian dictator Getúlio Vargas. John W. F. Dulles chronicled Sobral's battles with the Vargas government in Sobral Pinto, "The Conscience of Brazil": Leading the Attack against Vargas (1930-1945), which History: Reviews of New Books called "a must-read for anyone wanting to understand twentieth-century Brazil." In this second and final volume of his biography of Sobral Pinto, Professor Dulles completes the story of the fiery crusader's fight for democracy, morality, and justice, particularly for the...
This book reviews the experience of 14 countries with external liberalization and related policies, based on papers written by national authors following a common 0000oeconomic methodology. The methodology, the papers' main results, and policy implications are summarized in the introductory chapter. The book reports on a follow-on project to the country studies presented in Lance Taylor (ed.), External Liberalization, Economic Performance, and Social Policy, OUP, 2001. The new project represents a significant extension of the earlier work in that it focuses principally on formerly socialist European economies (Hungary, Poland, Russia), Asian economies (consistently growing China, India, Sing...
Post-Keynesian Growth Theory is a collection of 18 articles by Marc Lavoie, published between 1995 and 2020, with an extended foreword by Eckhard Hein. Marc Lavoie’s introduction recalls how he became attracted to the post-Keynesian theory of growth more than 45 years ago and explains how and why this book came about.
Leading English-language account of the fall of Lula’s Workers’ Party and rise of Bolsonaro and the New Right What does Brazil’s lurch to the hard right under Jair Bolsonaro portend for Latin America’s largest country, and how has it come about? Always something of a world unto itself, Brazil became, under the Workers’ Party from 2003 to 2016, “the theatre of a socio-political drama without equivalent in any other major state.” Bucking the global trend towards a tighter neoliberalism, former steelworker Luiz Inácio Lula da Silva swept aside the broken promises of previous years to invest in social transfers, defying vituperations in the Brazilian media to become the most popular ruler of the age. But in a second spectacular reversal, a parliamentary coup d’état against Lula’s successor—backed by forces in the judiciary and a youthful New Right—has been consolidated by Bolsonaro’s 2018 capture of the Planalto. With the PT’s lodestar now behind bars, a weighing up of his legacy, and of the contrasting Bolsonaro regime, is urgently needed. Brazil Apart is the sharp-edged, comprehensive analytic account required.
In Ruling Capital, Kevin P. Gallagher demonstrates how several emerging market and developing countries (EMDs) managed to reregulate cross-border financial flows in the wake of the global financial crisis, despite the political and economic difficulty of doing so at the national level. Gallagher also shows that some EMDs, particularly the BRICS coalition, were able to maintain or expand their sovereignty to regulate cross-border finance under global economic governance institutions. Gallagher combines econometric analysis with in-depth interviews with officials and interest groups in select emerging markets and policymakers at the International Monetary Fund, the World Trade Organization, an...
The 2008 global financial crisis took the world by surprise, not least because politicians, businessmen and economists believed that they had learned crucial lessons from the Great Depression of the 1930s. As a direct result of deregulated financial markets, financial crises occurred in both developed and developing economies. However, this volume argues that in the most recent crisis developing countries suffered less, and that financial policy and regulation played a crucial part in this. The contributors to this volume explore the alternative development paradigm that has been gaining credence since the Asian crisis, known as new developmentalism. New developmentalism is embodied in the f...