In the aftermath of 1997-98 financial crises the asian countries initiated a more ambitious process of economic and institutional coordination. In a long term scenario that movement opens a new perspective: the emulation of European integration process, culminating with the creation of a common...

In this paper we look for the historical genesis of Argentina's crisis. We argue that the economic liberalization model, implicit of the Convertibility Plan, has its roots in establishment of the agro-exporting economy on which, between the end of the 19th century and the first decades of the...

There is considerable evidence to demonstrate that the regional development in developing countries shows high level of spatial concentration. The aim of this paper is to analyze the Brazilian case to identify if the Brazilian constitutional funds (FNO and FCO) have a positive impact on the...

This paper is intended to underline the proximity between Keynes´s approach and the so-called complexity approach, which has been recently incorporated into economics. One of the central ideas of the complexity approach is that individual actions have unintended overall consequences as a result...

paper develops a post-keynesian dynamic model to analyze the impact of quantitative changes in import tariffs on capacity utilization and growth. It is shown that even in case a tariff reduction leads to a rise in labor produtivity and/or to a fall in markups, it may well have a negative impact...

It is developed a dynamic macromodel of utilization and growth of productive capacity, in which the supply of credit-money is endogenous and firms' debt position - and thus the financial fragility of the economy à la Hyman Minsky - is explicitly modeled. The rate of interest is set as a markup...

The aim of this paper is to analyze the convergence in the growth rates among Brazilian States in the period 1988-2001. In addition to the traditional variables used in the studies about convergence, Brazilian States credit indicators were included, which is the very innovation of this study....