Tag Archives: Brazil

New versus Classical DevelopmentalismNew paper by Tom Palley, titled “The Economics of New Developmentalism: A Critical Assessment” which has been published in Investigacion Economica. Palley argues that "the issues raised will be a key element in the 2022 Brazilian presidential election that will likely pit Ciro Gomes versus Lula in the first round. Gomes aligns with New Developmentalism. Lula inclines to Classical Developmentalism. Of course, economic analysis is just part of the...

[The following is an interview by Paula Quental of Lygia Sabbag Fares, one of my coauthors for this post on how home quarantine has impacted domestic violence. The interview originally appeared in Portuguese and is posted here with permission.] Labor market deregulation is bad for all workers and even more perverse for women, says economist. According to Lygia Sabbag Fares, a specialist in Labor Economics and Gender Studies, labor reform is a way for the powerful to transfer the burden...

[The following is an interview by Paula Quental of Lygia Sabbag Fares, one of my coauthors for this post on how home quarantine has impacted domestic violence. The interview originally appeared in Portuguese and is posted here with permission.] Labor market deregulation is bad for all workers and even more perverse for women, says economist. According to Lygia Sabbag Fares, a specialist in Labor Economics and Gender Studies, labor reform is a way for the powerful to transfer the burden...

I have translated this eulogy on behalf of the Economics Institute of the Federal University of Rio de Janeiro, where I have spent many of my years of economic formation. Carlos Lessa is part of a generation of brilliant Brazilian economists that have shaped the public debate and the discipline in Brazil. This is an effort to pay homage and make more visible the work and life of scholars whose writings are hardly ever translated into English but who are extremely important to our...

by Ana Luíza Matos de Oliveira Brazil is a highly unequal country — so is the access to its higher education system. However, in the beginning of the 21st century (2001-2015), there was a convergence between the profile of Brazilian higher education students and the Brazilian population in terms of income, race, and region, although many inequalities still exist. Now, this process might be at risk. From 2001 to 2015, economic growth and improvements in the labor market affected...

by Ana Luíza Matos de Oliveira, Lygia Sabbag Fares, Gustavo Vieira da Silva, and Luiza Nassif Pires Even though Covid-19 has already killed thousands worldwide and is paralyzing global economic activity, President Jair Bolsonaro insists on referring to it as a “little flu.” Despite the president’s efforts to avoid a halt to the economic activity in Brazil, the rhythm in the country has slowed down and people who can afford to stay confined at home are doing so. This week, several cities...

In late April, Petrobras approved the sale of eight refineries as part of its divestment plan. In May, the energy firm struck a deal with the Brazilian antitrust regulator that will allow it to sell those downstream assets in a bid, the company said, to encourage greater competition in the industry.... OilpriceBrazil Aims For $18 Billion From Its Sale Of Key Refinery AssetsTsvetana Paraskova

Lula detailed the current “terrible conditions” for Brazilian workers. He ripped to pieces the economic program – basically a monster sell-out – of Finance Minister Paulo Guedes, a Chicago boy and Pinochetist who’s applying the same failed hardcore neoliberal prescriptions now being denounced and scorned every day in the streets of Chile. He detailed how the Brazilian right wing openly bet on neo-fascism, which is the form that neoliberalism recently took in Brazil. He blasted mainstream...

Franklin Serrano and Vivian Garrido (Guest bloggers)When the Brazilian economy was growing with low unemployment rates and reducing income inequality, it was said that “businessmen have never made so much money” and, at the same time, the business community’s discontent with the government was increasing. On the other hand, in the current situation of semi-stagnation that followed from a deep recession, the entrepreneurs of both real and financial sectors declare their unrestricted support...

Lula's recent interview with Pepe Escobar and others.Asia TimesLula tells world he’s back in the game from jail Pepe Escobar