2005. The Brazilian society is appalled by the administration's political corruption and opportunism in economic policy. (Article: Folha de S.Paulo)
BRAZILIAN ECONOMY
ALL TEXTS ON BRAZILIAN ECONOMY
2005. The Brazilian IDH is improving not because income is increasing but because since the transition to democracy (1985) a major effort is being made in the area of social expenditures. (Article: Folha de S.Paulo)
2005. The political crisis will not entail an economic crisis because it is a 'government's crisis', not a crisis of the state or the property system. (Article: Folha).
2005. The zero nominal deficit policy only makes sense if it is part of a strategy of civilized basic interest rate.(Article: Folha de S.Paulo)
2005. As inflation in the time of president Itamar Franco, today the Selic interest rate Selic is the Brazil's scourge. Itamar Franco changed finance ministers four times to find one able to control inflation. (Article: Folha de S.Paulo)
2005. In this small article I drafted for the first time my model of the Dutch disease with two equilibrium exchange rates. And related it with deindustrialization and quasi-stagnation. (Article: Folha de S.Paulo).
2005. The Brazilian economic system's inner logic is not economic growth but providing high interest rates for local and foreign rentiers. (Note: Conjuntura Econômica)*.
2005. Despite the the huge foreign accounts adjustment (1999-03) growth prospects for the Brazilian economy are dismal, given the high intest rate.(Note: Boletim de Conjuntura Economia & Tecnologia)*.
2005. The Lula administrtion cannot avoid exchange rate appreciation because it is trapped by its policy on the interest rate. To buy dollars is impossible given the financial costs involved.(Article: Folha de S.Paulo)
2005. Argentina's debt restructuration does not teach not to pay debts, but demonstrates that developing countries do not need to bow Washington and New York.(Article: Folha de S.Paulo).
2005. To renew the agreement with the IMF when this is not necessary is to accept national submission.(Article: Folha de S.Paulo)
2005. MST may be involved in illegal actions, but it is the only major organization that defends the poor in Brazil, promoting agrarian reform. (Article: Folha de S.Paulo)
2005. Short note on my interview to the program Roda Viva, da TV-Cultura, em 17.1.2005 (Interview: Agência Estado, 18.1.2005)
2005. Brazi's growth in 2004 was good, but the interest rate trap was not faced, and the exchange rate is again evaluating. No reasons for optimism. (Article: Folha de S.Paulo)
2004. Given the primarily bilateral character of Mercosul, a mechanism should be included in the agreement between Brazil and Argentina in case of trade unbalance. (Article: Folha de S.Paulo)
Francisco Lopes (2004). Bresser planned to make a second stabilization based on the "otenização" - something very similar to the mechanism that was used in the Plano Real to neutralize inertial inflation (Paper).
2004. The Lula administration faces a moral crisis as it did not honor its commitments on changing economic policy. And fears phantasms. (Article: Folha de S.Paulo)
2004. Bresser-Pereira comments the book in his homage, Carlos Lessa's fall, new developmentalism, and his critique to conventional ortodoxy. (Interview: Globo on Line).
2004. José Serras election opens the opportunity for PSDB to discuss the ongoing incompetent macroeconomic policy . (Article: Folha de S.Paulo).
2005. The perverse macroeconomic model of the Brazilian economy combining high interest rate and low exchange rate with growth with foreign savings and quasi-stagnation. (In edited book, Novo Desenvolvimentismo)*