About Us
Structuralist Development Macroeconomics is defined by Bresser-Pereira, Oreiro and Marconi (2014, p.56) as “the economic theory that explains economic development as a historical process of capital accumulation, incorporating technological progress and structural change, in which accumulation depends on the existence of profitable investment opportunities offered by sustained growth of demand, which, in tum, depends on the balanced increase of the domestic market and of exports, which, finally, depends on the exchange rate to fluctuate around the equilibrium, instead of being chronically and cyclically overvalued, as is often the case in developing countries” see: http://bresserpereira.sitepessoal.com/documento/4900
The research group was founded in 2008 by José Luis Oreiro, Professor of Economics Department at University of Brasília, Brazil. Some researchers from the research group have been doing joint work for a long period, many of them published in economic journals in Brazil and abroad such as the Brazilian Journal of Political Economy, Metroeconomica, Structural Change and Economic Dynamics, Review of Political Economy, Cepal Review, Investigación Económica, Journal of Post Keynesian Economics, Cambridge Journal of Economics, International Review of Applied Economics, among others. It is worth noting the high productivity of the group members, many of whom are Cnpq level I researchers. Within the scope of this research group, the book "Developmental Macroeconomics: new developmentalism as a growth strategy" was organized published by Routledge, UK, in 2015. Also noteworthy is the publication of the book "Moeda e Sistema Financeiro: ensaios em homenagem a Fernando Cardim de Carvalho" in 2019.
The research group is registered at Research Groups Directory of the Council for Technological and Scientific Research (CNPq) of the Brazilian Government (Diretório dos Grupos de Pesquisa do CNPQ) and certified by the University of Brasília (UnB). The address of the group in the directory can be seen at http://dgp.cnpq.br/dgp/espelhogrupo/11697. José Luis Oreiro is the Leader of the research group and Luiz Fernando de Paula is the vice-leader.
The group has six research lines:
- Growth and Distribution in Post Keynesian Models
- Growth, Infrastructure and Convergence Clubs.
- Financial Fragility and Business Cycles.
- Developmental Macroeconomics
- Stock-Flow Consistent Models
- Monetary Policy, Exchange Rate Regime and Sustainability of Public Debt.