China's rising Soft Power: the role of rhetoric in constructing China-Africa relations

As China turns increasingly to the cultivation of soft power in the course of developing its foreign policy, the use of political rhetoric and its explicit and implicit audiences become more and more important, both on a bilateral level and within the international arena at large. Using the case of China's relations with African countries, this article examines key themes within China's diplomatic narrative regarding its role on the African continent and contrasts with Western and African responses.

The structuralist tradition in economics: methodological and macroeconomics aspects

This paper examines the structuralist tradition in economics, emphasizing the role that structures play in the economic growth of developing countries. Since the subject at hand is evidently too large to cover in a single article, an emphasis has been brought to bear upon the macroeconomic elements of such a tradition, while also exploring its methodological aspects. It begins by analysing some general aspects of structuralism in economics (its evolution and origins) associated with ECLAC thought, in this instance focusing on the dynamics of the center-periphery relationship. Thereafter, the macroeconomic structuralism derived from the works of Taylor (1983, 1991) is presented, followed by a presentation of neo-structuralism. Centred on the concept of systemic competitiveness, this approach defines a strategy to achieve the high road of globalization, understood here as an inevitable process in spite of its engagement being dependent on the policies adopted. The conclusions show the genuine contributions of this tradition to economic theory.

Economia e retórica: o capítulo brasileiro

Considering the rise of the discussion about the rhetoric of economics at the beginning of the 1980's, the paper aims to show: 1) the relation between the origin of this issue in the academic field and the ascension of the so labeled "neoliberalism" as a doctrine and a collection of capitalist practices perceived at the same time; and 2) the consequences produced by this idea, overseas born, when it meets a peripherical reality like the Brazilian one. In the first case, we are going to show the importance of Hayek's reflections about the inadequateness of neoclassical discourse to the aim of ideologically legitimate the market society. In the second we are going to point out that, taking the consequences of the rhetoric project in Brazil, it can be seeing as an additional chapter of "the ideas out of its place" that comes marking the Brazilian history of the ideas.

Respostas a uma crítica marxista às perspectivas retórica e pragmática em economia

Answers to a marxist critic of the rhetorical and pragmatic perspectives in economics. Based on recent discussions regarding the rhetorical perspective in economics, this paper presents an interpretation of the philosophical approach of Habermas which attempts to rescue the so called 'modern spirit', forgotten in the annals of the 19th century, similar to that presented by Marshall Berman in 1982. Following the reconstructive approach of Habermas's project of modernity, we attempt to show how a 'rhetorical approach' could be applied in the field of economics, and yet still be clearly modern by taking into account intersubjectivities, given the expanded sphere of human communication (as defended in the theory of communicative action of Habermas). In this sense, we will seek to demonstrate the philosophical limits of the anti-rhetorical critiques of, for example, Paulani (1996, 2003, 2005, 2006), which seem to underestimate the linguistic and intersubjective aspect of Habermas's philosophical project that can also be found in McCloskey’s methodological approach.

Transaction costs: an empirical analysis of their relationship with investment and foreign direct investment

As stated by the New Institutional Economics theory, transaction costs play a relevant role in economics and, according to the extent of such costs, agents make investment decisions. Actually, transaction costs may represent a disincentive to entrepreneurship. This work aims to verify whether transaction costs are related to investment rate and foreign direct investment rate (FDI) in different business environments. The results suggest that foreign investors do not have precise information about other countries as domestic investors do; as it is observed, only the relation between transaction costs and investment rate is significant. Furthermore, there is evidence that the business environments of BRIC countries are less developed when compared to business environments of other countries in the study

A aventura da crítica

The adventure of the critic. The aim of this paper is to reply the critical observations made by Fernandes, Rego and Gala in this number of Revista de Economia Política about a paper of mine, also published in this same journal in January 2006, which deals with the relationship between Economics and Rethoric and its unfolding in Brazil. Answering these critical observations I have tried to show that: a) it is not easy, as they do, to associate Habermas’s project to the defense of the approach of Rethoric in Economics; Habermas himself has a lot of objections to the association of his project with Rorty’s pragmatism which seems to be the strongest McCloskey’s influence; b) it is not true that my considerations have a kind of epistemological immunity and that they are not liable to contestations; if it seems so it is because the nature of the materialistic approach itself. At the end I observe that my carpers didn’t reply my observations about the unfolding of the rethorical project in Brazil and that this is, at some measure, surprising, because they are central personages in it.

Validade condicional do equilíbrio na Teoria Geral de Keynes

It discusses that the equilibrium in Economics, as a method of analysis, has a conditional utility, when it is not necessary its association with ideal situations and with a constancy of structural parameters of the system. Keynes (1936) appears as an example of a good utilization of that method, for he doesn't link it with notions of social optimum or with a necessary system's structural stability.

A economia ecológica e evolucionária de Georgescu-Roegen

The ecological and evolutionary economics of Georgescu-Roegen. The main argument of this paper is that Georgescu-Roegen's contributions represent a major disruption with economics' pre-analytic vision. He rejected at the same time both the closed and circular view of the economy and the mechanic analogies that oriented economics in the past century. Even though his influence has been felt mainly in the field of ecological economics, his epistemological contributions represent a major challenge to equilibrium thinking. Nowadays, treating economic systems as complex and evolutionary systems is becoming not only acceptable, but also a trend in the way political economy is made. We defend that Georgescu-Roegen's disruption represents a scientific revolution in economics, in the sense attributed by Kuhn.

A complexidade e o construtivismo na economia

Complexity and constructivism in economics. This paper attempts to show and summarize the concept of rules, order and complexity introduced around the mid-twentieth century by Friedrich August von Hayek. It also attempts to create a current parallel between those concepts and the field of complexity economics. At the time of his writings, the author sought to present arguments against the Cartesian rationality. Nowadays, the concepts presented by him could also serve as arguments against the way of thought used in mainstream microeconomics. A debate can now be seen between the mainstream microeconomics and the authors of the complexity theory applied to the economy, which can be understood as explanations guided by generic assumptions versus natural explanations guided in a computational approach.

A (im)previsibilidade da crise e o pluralismo da Economia

The (un)predictability of the crisis and the pluralism in Economics. This paper discusses the predictability of the last global economic crisis relating it to the lack of pluralism in Economics. In order to do so, first is presented a literature review of the development of economic theory in recent years. Then the two main views on the predictability of the crisis are presented: (1) the economic models used to understand the economy did not incorporate bubbles so, the crisis was unpredictable; and (2) the crisis was predictable when applied other methods of understanding the economy.

O avanço do processo de matematização na academia brasileira de economia desde a década de 1980

Looking at the economic discourse, we try to study in this article how has mathematization in economics advanced in Brazil in the last three decades. To see this, we have classified into several categories all articles published in three major economic journals of the country (Revista Brasileira de Economia, Estudos Econômicos and Revista de Economia Política) and the publications made in the meetings ANPEC from 1981 to 2010, according to the type of argument used. The total of articles analyzed adds up to 5.733. We try to see how the path of economic discourse, making it more mathematical, did develop. We found that there was an increased use of a formalized language from the mid-1990s onwards. Finally, to confirm our findings, we focus on the process of mathematization through the observation of quantitative variable: equations per article.