This paper aims at analyzing theoretically and empirically the role of infrastructure expenditure on economic growth in Brazil from 1986 to 2003. The hypothesis is that public infrastructure expenditures in transport are central to foster sustainable growth in Brazil. Theoretical and empirical...

Starting with Lehman Brother’s demise in September 2008, the Brazilian real fell 42% vis-à-vis the US dollar. Such large exchange rate depreciation would typically cheer exporters up. However, it was later found that many export firms, including multibillion dollar ones, had suffered large...

The aim of this paper is to investigate in what extent there is a differentiated regional bank strategy in the economy of Minas Gerais. Based on the post-Keynesian theory of regional liquidity preference (DOW, 1993), the article analyses the consolidate balance sheet of bank’s branches in 351...

Social and economic inequalities in health and mortality are widely observed around the world. Individuals with lower socioeconomic status – usually defined by education, income and occupational status – have lower chances of survival and higher morbidity rates than individuals with higher...

This paper aims to analyze the relation among exchange rate, distribution and economic growth from a short-term Keynesian-structuralist perspective. The domestic absorption is the cornerstone of the analysis, inasmuch as an exchange rate devaluation leads to an expansionist result in the...

In this article, we investigated which of the convergence hypotheses - absolute, conditional or club - best describes the movement of the income per worker for the countries of Latin America and East Asia between 1960 and 2000 using the methodology proposed by Johnson and Takeyama (2003). The...

Darimon’s book - De la réforme des banques – is the starting point of Grundrisse. This paper presents its structure and discusses how Marx’s critiques are part of his elaboration on the role of credit in capitalism and in the transition towards socialism. Marx’s trajectory from...

In this paper, we evaluate the income convergence hypothesis in Latin America and East Asia between 1960 and 2000 through the use of quantile regressions to estimate growth equations. This approach allows us to assess how the effect of policy variables on per worker income growth rate can vary...

This article presents an outline of the biography of David Riazanov. The article discusses Riazanov’s participation in the political and intellectual life of Russia, and his role in the discovery and the publication of the literary legacy of Karl Marx and Friedrich Engels, which culminated in...

Accurate knowledge of adult mortality levels and trends in the developing world is hampered by its widespread lack of complete vital registration systems. Although knowledge of infant and child mortality was once affect by the same problem, survey-based techniques have been more successful in...