{"title":"The geographic dynamics of industry employment in Brazilian metropolitan areas: lessons for São Paulo","authors":"Ciro Biderman, M. F. M. Lopes","doi":"10.1590/0101-31572015V35N03A07","DOIUrl":"https://doi.org/10.1590/0101-31572015V35N03A07","url":null,"abstract":"We discuss historic trends in large metropolitan areas in Brazil showing that manufacturing has decreased its share in the country but the movement was, in general, more intense in large metropolitan areas and particularly in the Sao Paulo Metropolitan Area (SPMA). This movement was more intense in the 1980s and in the first half of the 1990s. From mid 1990s up to the end of the 2000s, the manufacturing share trend became flat. We speculate that the first period reflects the exhaustion of the process of import substitution that took place in the previous three decades (1950 to 1980). The second period, from 1993 to 2009, is representative of a new model of growth and the evidence that manufacturing share became flat is reinforcing the idea of a new period in terms of manufacturing employment. While concentration has risen from 1996 to 2005, it decreased again in the second half of the first decade of the 2000s. The SPMA reinvented itself very quickly from late 1970s to mid-2000s.","PeriodicalId":274789,"journal":{"name":"Revista de Economia Política","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115175088","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
E. Almeida, Patricia Vargas De Oliveira, L. Losekann
{"title":"Impactos da contenção dos preços de combustíveis no Brasil e opções de mecanismos de precificação","authors":"E. Almeida, Patricia Vargas De Oliveira, L. Losekann","doi":"10.1590/0101-31572015V35N03A09","DOIUrl":"https://doi.org/10.1590/0101-31572015V35N03A09","url":null,"abstract":"Impact of fuel prices containment in Brazil and pricing mechanisms options. Petrobras was severely affected by the government's fuel pricing policy. By meeting the increasing demand of LPG, diesel and gasoline, whose prices were below international reference, the company has lost R$ 98 billion in income from 2011 to 2014. In a period of high investments due the exploration of the pre-salt, this loss raised Petrobras debt and deteriorated its financial situation. Should full alignment with the international price be not politically feasible, the international experience suggests adopting stabilization fund as proper pricing mechanism. Political interferences in its management, however, should be prevented.","PeriodicalId":274789,"journal":{"name":"Revista de Economia Política","volume":"227 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115570948","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"O desafio macroeconômico de 2015-2018","authors":"Nelson Henrique Barbosa Filho","doi":"10.1590/0101-31572015V35N03A02","DOIUrl":"https://doi.org/10.1590/0101-31572015V35N03A02","url":null,"abstract":"The macroeconomic challenge for 2015-2018. This paper presents a macroeconomic outlook of Brazil at the end of 2014 and an analysis of the main challenges to its macroeconomic policy in the subsequent years. On one side, the analysis is focused on the relationship between interest rates, growth and the real exchange rate. On the other, the paper also analyzes the multiples aspects and problems of fiscal policy in Brazil.","PeriodicalId":274789,"journal":{"name":"Revista de Economia Política","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133402554","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"O enigma da política industrial no Brasil","authors":"Araújo, José Tavares De","doi":"10.1590/0101-31572015V35N03A05","DOIUrl":"https://doi.org/10.1590/0101-31572015V35N03A05","url":null,"abstract":"The puzzle of the industrial policy in Brazil. Over the last 10 years, the Brazilian government has launched several industrial plans to promote innovation and strengthen the competitiveness of the domestic industry. However, the results have been poor due to the distortions created by some instruments inherited from the import substitution age, such as high tariffs on intermediate goods and machinery, local content rules and antidumping protection. This paper highlights the role played by those instruments using two examples: antidumping investigations and a peculiar local content rule that exists only in Brazil, the so-called Basic Productive Process (PPB).","PeriodicalId":274789,"journal":{"name":"Revista de Economia Política","volume":"96 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116298045","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Globalization and democracy","authors":"Deepak Nayyar","doi":"10.1590/0101-31572015V35N03A01","DOIUrl":"https://doi.org/10.1590/0101-31572015V35N03A01","url":null,"abstract":"The gathering momentum of globalization in the world economy has coincided with the spread of political democracy across countries. Economies have become global. But politics remains national. This essay explores the relationship between globalization and democracy, which is neither linear nor characterized by structural rigidities. It seeks to analyze how globalization might constrain degrees of freedom for nation states and space for democratic politics, and how political democracy within countries might exercise some checks and balances on markets and globalization. The essential argument is that the relationship between globalization and democracy is dialectical and does not conform to ideological caricatures.","PeriodicalId":274789,"journal":{"name":"Revista de Economia Política","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122104627","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Rethinking \"energy nationalism\": a study of the relationship between nation states and companies in the oil industry","authors":"Noele De Freitas Peigo, J. Ruas","doi":"10.1590/0101-31572015V35N03A10","DOIUrl":"https://doi.org/10.1590/0101-31572015V35N03A10","url":null,"abstract":"The term \"energy nationalism\" is frequently used by academic literature and media, but usually without adequate conceptual accuracy. Despite this, a set of papers deepens the discussion on the relationship between nation states and the energy industry, especially the oil sector. These papers allow identifying fundamental elements to understand the energy nationalism, either complementary or divergent between each other. Thus, this study aims at presenting an interpretation of the concept that fills the gaps left by the above mentioned literature based on a global analysis of the oil industry structure and its historical evolution since the mid-19thcentury.","PeriodicalId":274789,"journal":{"name":"Revista de Economia Política","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132792944","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A formação distorcida de preços administrados na experiência brasileira recente","authors":"A. Barrionuevo","doi":"10.1590/0101-31572015V35N03A06","DOIUrl":"https://doi.org/10.1590/0101-31572015V35N03A06","url":null,"abstract":"The distorted formation of administered prices in recent Brazilian experience. This article discusses the necessity for microeconomic price adjustment in Brazil at the end of the first government Dilma Rousseff (2011-2014). The price control in Brazil is done by different means, by the three levels of government, federal, state and municipal. It includes services regulated by agencies in infrastructure sectors such as electricity, fixed telephony and road tolls; the direct control of state enterprises prices, as in the case of petroleum products, or through specific legislation as in health services. However, the different levels of government eventually distort prices through arbitrary measures, given short-term political objectives, disregarding the institutions designed to define them. The emphasis of the paper is to evaluate the evolution of these prices during the last presidential term and the difficulty of maintaining realistic administered prices in such a context.","PeriodicalId":274789,"journal":{"name":"Revista de Economia Política","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114809225","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Preços administrados e discricionariedade do Executivo","authors":"P. F. Azevedo, Felippe Cauê Serigati","doi":"10.1590/0101-31572015V35N03A08","DOIUrl":"https://doi.org/10.1590/0101-31572015V35N03A08","url":null,"abstract":"Administered prices and government discretion. Administered prices during the first term of President Dilma were used as an instrument to meet inflation target, so as to subordinate industrial policies to short run macroeconomic aims. This strategy was ineffective to control inflation and distorted investment and consumption decisions. The article shows that prices tend to deviate more the larger their weight in the price index, and tend to vary consistently with the political cycles. The article concludes with policy suggestions to control the negative effect of deviations of government discretion to determine administered prices.","PeriodicalId":274789,"journal":{"name":"Revista de Economia Política","volume":"86 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128728070","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Crise e industrialização no Brasil entre 1929 e 1954: a reconstrução do Estado Nacionale a política nacional de desenvolvimento","authors":"Wilson Cano","doi":"10.1590/0101-31572015V35N03A04","DOIUrl":"https://doi.org/10.1590/0101-31572015V35N03A04","url":null,"abstract":"Crisis and industrialization in Brazil between 1929 and 1954. This paper focuses on the main effects brought about by the economic policy of coffee crisis and industrialization efforts led by the National State. It distinguishes Vargas' developmentalism mandates I and II (30-45 and 51-54), comparing it to Dutra's unsuccessful attempt to restore liberalism (46-50). It highlights the important reconstruction effort of the state and the introduction of national control instruments of economic policy, embodied the extraordinary work of the Vargas' Presidency Economic Advisory (51-54), where great Brazilian names were enshrined, such as Romulo de Almeida, Ignacio Rangel, Jesus Soares Pereira, Cleanto Paiva Leite and Tomas P. Acioli Borges, true builders of the major projects and development plans at that time.","PeriodicalId":274789,"journal":{"name":"Revista de Economia Política","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126428305","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Chronic macro-economic and financial imbalances in the world economy: a meta-economic view","authors":"R. Guttmann","doi":"10.1590/0101-31572015V35N02A01","DOIUrl":"https://doi.org/10.1590/0101-31572015V35N02A01","url":null,"abstract":"Global finance, combining offshore banking and universal banks to drive a broader globalization process, has transformed the modus operandi of the world economy. This requires a new \"meta-economic\" framework in which short-term portfolio-investment flows are treated as the dominant phenomenon they have become. Organized by global finance, these layered bi-directional flows between center and periphery manage a tension between financial concentration and monetary fragmentation. The resulting imbalances express the asymmetries built into that tension and render the exchange rate a more strategic policy variable than ever.","PeriodicalId":274789,"journal":{"name":"Revista de Economia Política","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124021415","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}