André Nassif
Biographic Data
| ID | 1366822 |
|---|---|
| NAME | André Nassif |
| GIVEN NAMES | André |
| FAMILY NAME | Nassif |
| SIGNATURE | NASSIF A |
| AFFILIATIONS | Universidade Federal Fluminense |
| ORCID | 0000-0001-9456-0372 |
| VERIFIED | Yes |
| TOTAL WORKS | 17 |
| TOTAL CITATIONS | 39 |
| AUTHOR COUNT | 17 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2000 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 3 |
Is Brazilian premature deindustrialization a case of Dutch disease?
The term “Dutch disease,” coined by The Economist (1977), describes how a commodity boom can overvalue a currency, undermine industrial competitiveness, and lead to deindustrialization. While traditionally linked to resource booms, an alternative theoretical view, advanced by Palma (2005) and the new developmentalist school, associates it in Latin America with post-1990s liberalizing reforms. This paper empirically tests whether Brazilian prematu…
Industrial policy for prematurely deindustrialized economies in the twenty-first century: Integrating economic, social and environmental goals for Brazil
Deindustrialization has not equally affected countries, either in terms of the share of manufacturing value added in GDP or in terms of industrial employment in total employment. Recent studies also show that, at a sub-sectoral level, the most innovative manufacturing groups are not deindustrializing in both value-added and employment shares. Though manufacturing still matters for sustaining economic growth, its subsectors have different capaciti…
Underdevelopment, development, and the Dutch disease: The seminal and still relevant theory of Celso Furtado
Furtado, one of the founding fathers of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), can be considered both a classical developmentalist and an ECLACian. However, in view of the independence and originality with which he analyzed the problem of underdevelopment, leading to exhaustion his emphasis on historical, economic, and social particularities in the formulation of explanatory theories of development and…
The centre-periphery model and the political economy of the Economic Commission for Latin America and the Caribbean: Past and present
This article is focused on the hypotheses of Raúl Prebisch and Hans Singer regarding the centre-periphery model, which is the cornerstone of development theory for peripheral countries. The article emphasizes aspects of theory and policy related to the political economy of the Economic Commission for Latin America and the Caribbean (ECLAC) from the early 1950s to the present. It shows how, since the 1980s, ECLAC economists —influenced by evolving…
Bresser-Pereira: A reconstrução política do Brasil à luz das teses centrais do novo-desenvolvimentismo
Neste ensaio, sintetizo as proposições do novo-desenvolvimentismo, corrente de pensamento econômico da qual o economista brasileiro Luiz Carlos Bresser-Pereira se destaca como o principal formulador. O argumento central do novo-desenvolvimentismo é que, nos países em desenvolvimento, trajetórias bem-sucedidas de alcance de renda per capita e de padrões de bem-estar para níveis médios prevalecentes nos países desenvolvidos (ou seja, a efetivação d…
Structural change and productivity growth in Brazil: Where Do We Stand
The aim of this paper is to discuss the evolution of the Brazilian labour productivity in the 1990s and 2000s to shed some light on the resilience of the Brazilian economy to recover growth. Labor productivity growth in Brazil, after showing positive annual rates between 1950 and 1979, became stagnant after 1980. Following McMillan and Rodrik's (2011) methodology, this paper at first decompose labor productivity growth in the period 1950-2011, ac…
A structuralist-Keynesian model for determining the optimum real exchange rate for Brazil’s economic development process: 1999-2015
The "optimum" long-run real exchange rate is the rate that will efficiently channel production resources into industries that generate and diffuse productivity gains in the economy as a whole and that will thus tend to speed up and sustain the economic development process. Rather than employing conventional models, a structuralist- Keynesian model is used to demonstrate, both theoretically and empirically, that the factors influencing the path of…
The BRICS’s Economic Growth Performance before and after the International Financial Crisis
The aim of this paper is to shed some light on the issue of why some BRICS countries are doing much better than others after the international financial crisis. Although these economies share some common economic historical ground, and collectively had been performing much better than the world average in the last decades, their room to maneuver to administrate short-term economic policy to sustain growth in the context of world recession is not …
A reconstrução da indústria brasileira: A Conexão Entre O Regime Macroeconômico E a Política Industrial
Este artigo, de cunho eminentemente analítico, mostra que no âmbito da política macroeconômica é necessária consistência entre as políticas monetária, fiscal, cambial e salarial para viabilizar taxas de juros reais médias inferiores às taxas de retorno médias sobre o capital, taxas de câmbio reais competitivas (em torno da taxa de "equilíbrio industrial") e taxas de salários que evoluam de acordo com o crescimento da produtividade, condições para…
As armadilhas do tripé da política macroeconômica brasileira
Este artigo analisa o chamado tripé da política macroeconômica brasileira, que desde 1999 tem combinado um regime de metas de inflação, um regime de taxa de câmbio flutuante e metas de superávit fiscal primário. A menos que o seu modus operandi seja alterado, o tripé não será capaz de libertar a economia brasileira de outra "possível trindade": altas taxas de juros reais, a apreciação da taxa de câmbio real e crescimento econômico muito baixo. De…
Overvaluation trend of the Brazilian currency in the 2000s: Empirical Estimation
The aim of this paper is to discuss the trend of overvaluation of the Brazilian currency in the 2000s, presenting an econometric model to estimate the real exchange rate (RER) and which should be a reference level of the RER to guide long-term economic policy. In the econometric model, we consider long-term structural and short-term components, both of which may be responsible for explaining overvaluation trend of the Brazilian currency. Our econ…
Liberal versus neo-developmental convention to growth: Why has Brazil shown a poor performance since the 1980s
The main goal of our paper is to provide analytical arguments to explain why Brazil has not been able to restore its long-term capacity for economic growth, especially compared with its economy in the 1950-1979 period (7.3 per cent per year on average) or even with a select number of emerging economies in the 1980-2010 period(6.7 per cent per year on average, against 2.3 per cent per year on average in Brazil in the same period). We build our ide…
"Overcoming the "impossible trinity: Towards a mix of macroeconomic policy instruments for sustaining economic development in Brazil
...
The structure and competitiveness of the Brazilian capital goods industry
This article analyses changes in the structure and competitiveness of the Brazilian capital goods industry since the early 1990s and proposes a classification within that industry based on the different industrial segments from which the demand for machinery and equipment derives. Although this industry still accounts for a large share of manufacturing sector value added, the production efficiency and international competitiveness of the segments…
Há evidências de desindustrialização no Brasil
Are There evidences of deindustrialization in Brazil?This paper aims at analyzing the theoretical concept of deindustrialization, and evaluating if Brazil, following the implementation of economic reforms in the 1990 ́s, has suffered from a "new Dutch disease".Despite the manufacturing sector declining participation in the Brazilian Gross Domestic Product (GDP), the empirical evidence show that the changes in the economy structure since the mid-1…
Os Impactos da Liberalização Comercial sobre o Padrão de Comércio Exterior Brasileiro
Este artigo analisa os principais efeitos da liberalização do comércio brasileiro sobre a eficiência técnica da indústria manufatureira e o padrão de comércio. Os principais resultados empíricos sugerem os seguintes resultados para a década de 1990: i) ganhos expressivos na produtividade do trabalho e redução dos custos reais médios para a maioria dos setores da indústria de transformação entre 1988 e 1998; ii) o padrão comercial foi impulsionado…
A articulação das políticas industrial e comercial nas economias em desenvolvimento contemporâneas: Uma discussão analítica
O artigo discute a importância da conexão entre políticas industriais e comerciais no atual processo de globalização da economia mundial. Apesar de inspiradas na recente liberalização do comércio brasileiro, todas as questões analisadas aqui são basicamente teóricas. O autor discute como a conexão entre políticas industriais e comerciais é analisada nas teorias do comércio internacional, bem como como esta oferece argumentos teóricos favoráveis à…
Há evidências de desindustrialização no Brasil
Are There evidences of deindustrialization in Brazil?This paper aims at analyzing the theoretical concept of deindustrialization, and evaluating if Brazil, following the implementation of economic reforms in the 1990 ́s, has suffered from a "new Dutch disease".Despite the manufacturing sector declining participation in the Brazilian Gross Domestic Product (GDP), the empirical evidence show that the changes in the economy structure since the mid-1…
A reconstrução da indústria brasileira: A Conexão Entre O Regime Macroeconômico E a Política Industrial
Este artigo, de cunho eminentemente analítico, mostra que no âmbito da política macroeconômica é necessária consistência entre as políticas monetária, fiscal, cambial e salarial para viabilizar taxas de juros reais médias inferiores às taxas de retorno médias sobre o capital, taxas de câmbio reais competitivas (em torno da taxa de "equilíbrio industrial") e taxas de salários que evoluam de acordo com o crescimento da produtividade, condições para…
Overvaluation trend of the Brazilian currency in the 2000s: Empirical Estimation
The aim of this paper is to discuss the trend of overvaluation of the Brazilian currency in the 2000s, presenting an econometric model to estimate the real exchange rate (RER) and which should be a reference level of the RER to guide long-term economic policy. In the econometric model, we consider long-term structural and short-term components, both of which may be responsible for explaining overvaluation trend of the Brazilian currency. Our econ…
A structuralist-Keynesian model for determining the optimum real exchange rate for Brazil’s economic development process: 1999-2015
The "optimum" long-run real exchange rate is the rate that will efficiently channel production resources into industries that generate and diffuse productivity gains in the economy as a whole and that will thus tend to speed up and sustain the economic development process. Rather than employing conventional models, a structuralist- Keynesian model is used to demonstrate, both theoretically and empirically, that the factors influencing the path of…
As armadilhas do tripé da política macroeconômica brasileira
Este artigo analisa o chamado tripé da política macroeconômica brasileira, que desde 1999 tem combinado um regime de metas de inflação, um regime de taxa de câmbio flutuante e metas de superávit fiscal primário. A menos que o seu modus operandi seja alterado, o tripé não será capaz de libertar a economia brasileira de outra "possível trindade": altas taxas de juros reais, a apreciação da taxa de câmbio real e crescimento econômico muito baixo. De…
Structural change and productivity growth in Brazil: Where Do We Stand
The aim of this paper is to discuss the evolution of the Brazilian labour productivity in the 1990s and 2000s to shed some light on the resilience of the Brazilian economy to recover growth. Labor productivity growth in Brazil, after showing positive annual rates between 1950 and 1979, became stagnant after 1980. Following McMillan and Rodrik's (2011) methodology, this paper at first decompose labor productivity growth in the period 1950-2011, ac…
The BRICS’s Economic Growth Performance before and after the International Financial Crisis
The aim of this paper is to shed some light on the issue of why some BRICS countries are doing much better than others after the international financial crisis. Although these economies share some common economic historical ground, and collectively had been performing much better than the world average in the last decades, their room to maneuver to administrate short-term economic policy to sustain growth in the context of world recession is not …
Liberal versus neo-developmental convention to growth: Why has Brazil shown a poor performance since the 1980s
The main goal of our paper is to provide analytical arguments to explain why Brazil has not been able to restore its long-term capacity for economic growth, especially compared with its economy in the 1950-1979 period (7.3 per cent per year on average) or even with a select number of emerging economies in the 1980-2010 period(6.7 per cent per year on average, against 2.3 per cent per year on average in Brazil in the same period). We build our ide…
Os Impactos da Liberalização Comercial sobre o Padrão de Comércio Exterior Brasileiro
Este artigo analisa os principais efeitos da liberalização do comércio brasileiro sobre a eficiência técnica da indústria manufatureira e o padrão de comércio. Os principais resultados empíricos sugerem os seguintes resultados para a década de 1990: i) ganhos expressivos na produtividade do trabalho e redução dos custos reais médios para a maioria dos setores da indústria de transformação entre 1988 e 1998; ii) o padrão comercial foi impulsionado…
A articulação das políticas industrial e comercial nas economias em desenvolvimento contemporâneas: Uma discussão analítica
O artigo discute a importância da conexão entre políticas industriais e comerciais no atual processo de globalização da economia mundial. Apesar de inspiradas na recente liberalização do comércio brasileiro, todas as questões analisadas aqui são basicamente teóricas. O autor discute como a conexão entre políticas industriais e comerciais é analisada nas teorias do comércio internacional, bem como como esta oferece argumentos teóricos favoráveis à…
Os Impactos da Liberalização Comercial sobre o Padrão de Comércio Exterior Brasileiro
Este artigo analisa os principais efeitos da liberalização do comércio brasileiro sobre a eficiência técnica da indústria manufatureira e o padrão de comércio. Os principais resultados empíricos sugerem os seguintes resultados para a década de 1990: i) ganhos expressivos na produtividade do trabalho e redução dos custos reais médios para a maioria dos setores da indústria de transformação entre 1988 e 1998; ii) o padrão comercial foi impulsionado…
The structure and competitiveness of the Brazilian capital goods industry
This article analyses changes in the structure and competitiveness of the Brazilian capital goods industry since the early 1990s and proposes a classification within that industry based on the different industrial segments from which the demand for machinery and equipment derives. Although this industry still accounts for a large share of manufacturing sector value added, the production efficiency and international competitiveness of the segments…
Há evidências de desindustrialização no Brasil
Are There evidences of deindustrialization in Brazil?This paper aims at analyzing the theoretical concept of deindustrialization, and evaluating if Brazil, following the implementation of economic reforms in the 1990 ́s, has suffered from a "new Dutch disease".Despite the manufacturing sector declining participation in the Brazilian Gross Domestic Product (GDP), the empirical evidence show that the changes in the economy structure since the mid-1…
"Overcoming the "impossible trinity: Towards a mix of macroeconomic policy instruments for sustaining economic development in Brazil
...
Liberal versus neo-developmental convention to growth: Why has Brazil shown a poor performance since the 1980s
The main goal of our paper is to provide analytical arguments to explain why Brazil has not been able to restore its long-term capacity for economic growth, especially compared with its economy in the 1950-1979 period (7.3 per cent per year on average) or even with a select number of emerging economies in the 1980-2010 period(6.7 per cent per year on average, against 2.3 per cent per year on average in Brazil in the same period). We build our ide…
As armadilhas do tripé da política macroeconômica brasileira
Este artigo analisa o chamado tripé da política macroeconômica brasileira, que desde 1999 tem combinado um regime de metas de inflação, um regime de taxa de câmbio flutuante e metas de superávit fiscal primário. A menos que o seu modus operandi seja alterado, o tripé não será capaz de libertar a economia brasileira de outra "possível trindade": altas taxas de juros reais, a apreciação da taxa de câmbio real e crescimento econômico muito baixo. De…
Overvaluation trend of the Brazilian currency in the 2000s: Empirical Estimation
The aim of this paper is to discuss the trend of overvaluation of the Brazilian currency in the 2000s, presenting an econometric model to estimate the real exchange rate (RER) and which should be a reference level of the RER to guide long-term economic policy. In the econometric model, we consider long-term structural and short-term components, both of which may be responsible for explaining overvaluation trend of the Brazilian currency. Our econ…
The BRICS’s Economic Growth Performance before and after the International Financial Crisis
The aim of this paper is to shed some light on the issue of why some BRICS countries are doing much better than others after the international financial crisis. Although these economies share some common economic historical ground, and collectively had been performing much better than the world average in the last decades, their room to maneuver to administrate short-term economic policy to sustain growth in the context of world recession is not …
A reconstrução da indústria brasileira: A Conexão Entre O Regime Macroeconômico E a Política Industrial
Este artigo, de cunho eminentemente analítico, mostra que no âmbito da política macroeconômica é necessária consistência entre as políticas monetária, fiscal, cambial e salarial para viabilizar taxas de juros reais médias inferiores às taxas de retorno médias sobre o capital, taxas de câmbio reais competitivas (em torno da taxa de "equilíbrio industrial") e taxas de salários que evoluam de acordo com o crescimento da produtividade, condições para…
A structuralist-Keynesian model for determining the optimum real exchange rate for Brazil’s economic development process: 1999-2015
The "optimum" long-run real exchange rate is the rate that will efficiently channel production resources into industries that generate and diffuse productivity gains in the economy as a whole and that will thus tend to speed up and sustain the economic development process. Rather than employing conventional models, a structuralist- Keynesian model is used to demonstrate, both theoretically and empirically, that the factors influencing the path of…
Structural change and productivity growth in Brazil: Where Do We Stand
The aim of this paper is to discuss the evolution of the Brazilian labour productivity in the 1990s and 2000s to shed some light on the resilience of the Brazilian economy to recover growth. Labor productivity growth in Brazil, after showing positive annual rates between 1950 and 1979, became stagnant after 1980. Following McMillan and Rodrik's (2011) methodology, this paper at first decompose labor productivity growth in the period 1950-2011, ac…
The centre-periphery model and the political economy of the Economic Commission for Latin America and the Caribbean: Past and present
This article is focused on the hypotheses of Raúl Prebisch and Hans Singer regarding the centre-periphery model, which is the cornerstone of development theory for peripheral countries. The article emphasizes aspects of theory and policy related to the political economy of the Economic Commission for Latin America and the Caribbean (ECLAC) from the early 1950s to the present. It shows how, since the 1980s, ECLAC economists —influenced by evolving…
Bresser-Pereira: A reconstrução política do Brasil à luz das teses centrais do novo-desenvolvimentismo
Neste ensaio, sintetizo as proposições do novo-desenvolvimentismo, corrente de pensamento econômico da qual o economista brasileiro Luiz Carlos Bresser-Pereira se destaca como o principal formulador. O argumento central do novo-desenvolvimentismo é que, nos países em desenvolvimento, trajetórias bem-sucedidas de alcance de renda per capita e de padrões de bem-estar para níveis médios prevalecentes nos países desenvolvidos (ou seja, a efetivação d…
Underdevelopment, development, and the Dutch disease: The seminal and still relevant theory of Celso Furtado
Furtado, one of the founding fathers of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), can be considered both a classical developmentalist and an ECLACian. However, in view of the independence and originality with which he analyzed the problem of underdevelopment, leading to exhaustion his emphasis on historical, economic, and social particularities in the formulation of explanatory theories of development and…
Is Brazilian premature deindustrialization a case of Dutch disease?
The term “Dutch disease,” coined by The Economist (1977), describes how a commodity boom can overvalue a currency, undermine industrial competitiveness, and lead to deindustrialization. While traditionally linked to resource booms, an alternative theoretical view, advanced by Palma (2005) and the new developmentalist school, associates it in Latin America with post-1990s liberalizing reforms. This paper empirically tests whether Brazilian prematu…
Industrial policy for prematurely deindustrialized economies in the twenty-first century: Integrating economic, social and environmental goals for Brazil
Deindustrialization has not equally affected countries, either in terms of the share of manufacturing value added in GDP or in terms of industrial employment in total employment. Recent studies also show that, at a sub-sectoral level, the most innovative manufacturing groups are not deindustrializing in both value-added and employment shares. Though manufacturing still matters for sustaining economic growth, its subsectors have different capaciti…
Economic Theory and Policy (15 works) · Economics (10 works) · Political science (8 works) · Economic Growth and Productivity (6 works) · Global Financial Crisis and Policies (6 works) · Macroeconomics (5 works) · Global trade and economics (4 works) · Asian Industrial and Economic Development (3 works) · Currency (3 works) · Deindustrialization (3 works)