Dr Fernando Monteiro Rugitsky's Outputs (16)

The multiplier effects of government expenditures on social protection: A multi-country study (2025)
Journal Article

This article uses a novel dataset comprising 42 countries for the years 1985–2020 to explore the relationship between public spending on social protection and GDP. The article contributes to the empirical literature on social protection spending by c... Read More about The multiplier effects of government expenditures on social protection: A multi-country study.

Rentier income and mass-based financialisation: The limits of redistributive policies during the Pink Tide in Brazil (2024)
Book Chapter

The article aims to examine the role of the rentiers in the distributive conflict in a peripheral financialised economy, focusing on the case of Brazil. To do so, it estimates, for the period between 2000 and 2019, an expanded functional distribution... Read More about Rentier income and mass-based financialisation: The limits of redistributive policies during the Pink Tide in Brazil.

Rentiers and distributive conflict in Brazil (2000–2019) (2023)
Journal Article

The paper examines the determinants of rentier income in contemporary financialised capitalist economies by analysing the case of Brazil. It argues that different drivers of rentier income may have comparable potential to channel a substantial share... Read More about Rentiers and distributive conflict in Brazil (2000–2019).

Structuralism – Latin American (2023)
Book Chapter

In the decade following the end of the Second World War, one of the most active fields of research in economics was development (Hirschman, 1981, Arndt, 1987, Krugman, 1993). Several researchers dedicated their work to understanding the reasons why s... Read More about Structuralism – Latin American.

Notas sobre acumulação de capital e “epidemias” contemporâneas (2022)
Journal Article

Em alguns anos, quando a humanidade tiver finalmente superado o estado de calamidade causado pelo novo coronavírus, é possível que reste a sensação de que a pandemia foi uma crise pontual, um ponto fora das longas curvas de redução da taxa de mortali... Read More about Notas sobre acumulação de capital e “epidemias” contemporâneas.

O Brasil No Inferno Global: Capitalismo E Democracia Fora Dos Trilhos (2022)
Book

Esta coletânea conta com textos de cientistas políticos, sociólogos e economistas reunidos, elaborados entre 2020 e 2021, em torno do Grupo de Pesquisa Pensamento e Política no Brasil, associado ao Centro de Estudos dos Direitos da Cidadania da Facul... Read More about O Brasil No Inferno Global: Capitalismo E Democracia Fora Dos Trilhos.

The long expansion and the profit squeeze: Output and profit cycles in Brazil (1996–2016) (2021)
Journal Article

The present paper argues that the recent Brazilian crisis was related to a cyclical profit squeeze that took place between 2009 and 2014, following the long expansion that started in 2003. To do so, the cyclical trajectories of the output and the pro... Read More about The long expansion and the profit squeeze: Output and profit cycles in Brazil (1996–2016).

Celso Furtado and the Myth of Economic Development: Rethinking Development from Exile (2020)
Journal Article

This article introduces two previously unpublished working papers by the Brazilian economist Celso Furtado (1920–2004). Following a brief outline of his life and ideas, the arguments in the two papers are examined, taking into account their context a... Read More about Celso Furtado and the Myth of Economic Development: Rethinking Development from Exile.

The decline of neoliberalism: A play in three acts (2020)
Journal Article

This paper aims to examine the political and economic consequences of the pandemic caused by the new coronavirus, setting it in the context of a Gramscian interregnum. First, the dismantling of the triangular articulation of the world market that cha... Read More about The decline of neoliberalism: A play in three acts.

Outra fantasia desfeita, outro balanço crítico (2018)
Journal Article

Industrial policy and exchange rate scepticism (2017)
Journal Article

The aim of the present paper is to put in historical perspective the development thinking on the relationship between industrial and exchange rate policies. The first section focuses on the thought of the so-called pioneers of development economics,... Read More about Industrial policy and exchange rate scepticism.

Growth, distribution, and sectoral heterogeneity: Reading the Kaleckians in Latin America (2016)
Journal Article

The aim of this paper is to explore a parallelism between two episodes in the history of economic thought in order to suggest that the interaction between them can contribute to the research on Kaleckian growth and distribution models. First, a brief... Read More about Growth, distribution, and sectoral heterogeneity: Reading the Kaleckians in Latin America.

The ideologies of positive economics: Technocracy, laissez-faire, and the tensions of Friedman's methodological claims (2015)
Journal Article

The purpose of this paper is to address some connections between Milton Friedman's classic essay on methodology and the rise of neoliberal thinking. In order to do so, it briefly reconstructs Friedman's methodological claims and reinterprets the deba... Read More about The ideologies of positive economics: Technocracy, laissez-faire, and the tensions of Friedman's methodological claims.

Inconvenient glow: Cliometrics and the "golden age" of capitalism (2014)
Journal Article

This paper aims to criticize the recent cliometrics literature on the so-called "golden age" of capitalism. The works of Nicholas Crafts, Gianni Toniolo, and Barry Eichengreen are reconstructed in order to reveal the main characteristics of this rese... Read More about Inconvenient glow: Cliometrics and the "golden age" of capitalism.

Diagnóstico capital: O Capital no século XXI (2014)
Journal Article

Degree of monopoly and class struggle: Political aspects of Kalecki’s pricing and distribution theory (2013)
Journal Article

The aim of this paper is to analyse the concept of class struggle in Michal Kalecki’s writings. First, his inclusion of trade unions’ strength as one of the determining elements of the degree of monopoly is examined, taking into consideration Abba Le... Read More about Degree of monopoly and class struggle: Political aspects of Kalecki’s pricing and distribution theory.