Juan Pablo Painceira

Juan Pablo Painceira
Banco Central do Brasil | BCB · Open Market Operations Department

PhD in Economics, SOAS, University of London

About

31
Publications
5,512
Reads
How we measure 'reads'
A 'read' is counted each time someone views a publication summary (such as the title, abstract, and list of authors), clicks on a figure, or views or downloads the full-text. Learn more
594
Citations
Additional affiliations
August 2006 - September 2011
SOAS, University of London
Position
  • Researcher

Publications

Publications (31)
Chapter
The Covid-19 pandemic has led to a crisis of global dimensions. An unprecedented health shock caused an enormous disruption in the production and circulation of goods and services, having serious consequences still to be seen for the global development. The objective of this chapter is to discuss the development strategies based on the internationa...
Article
This paper analyses the recent changes in financial practices and relations in emerging capitalist economies (ECEs) using the example of Brazil. It argues that in ECEs these financial transformations, akin to the financialisation phenomena observed in Core Capitalist Economies (CCEs), are fundamentally shaped by their subordinated integration into...
Article
This article contributes to the debate on macroeconomic management and capital account regulations in developing and emerging countries (DECs). It argues that the recommendation by neoclassical economists and international financial institutions (IFIs) to combine an inflation-targeting regime with exchange rate management, whilst maintaining open c...
Article
This paper contributes to the debate on macroeconomic management and capital account regulations in developing and emerging countries (DECs). It argues that the recommendation by neoclassical economists and international financial institutions (IFIs) to combine an inflation targeting regime with exchange rate management, whilst maintaining open cap...
Article
This article argues, using the example of Brazil, that the changing nature of developing and emerging countries’ (DECs) financial integration has created new forms of external vulnerability, causing large and volatile capital and exchange rate movements. Despite sound fundamentals and a substantial reduction in its traditional external vulnerabilit...
Article
Full-text available
El endeudamiento de España, Portugal y Grecia ha crecido en los últimos años debido principalmente a un sector privado que, incapaz de competir con éxito dentro de la zona euro, ha acumulado deuda tanto interna como externa. La deuda total - tanto pública como privada - plantea problemas graves para los bancos de los países del centro de la zona eu...
Article
Full-text available
The sovereign debt crisis that broke out in Greece at the end of 2009 is fundamentally due to the precarious integration of peripheral countries in the eurozone. Its immediate causes, however, lie with the crisis of 2007–2009. Speculative mortgage lending by US financial institutions and trading of resultant derivative securities by international b...
Article
Insofar as the global crisis of 2007–09 can be understood as a fully-fledged crisis of the financialization era, it has presented new challenges for central banks. However, this paper argues that the central banks' interventions in key middle income countries (Brazil and Korea) have reinforced the main characteristics of financialization and have b...
Chapter
Introduction D.Tavasci & J.Toporowski Minsky Moments, Russell Chickens, and Grey Swans A.Vercelli The Transformation of the Financial System Y.Nersisyan & L.Randall Wray Financial Globalisation and Financial Exclusion G.A.Dymski Magdoff-Sweezy and Minsky R.Bellofiore & J.Halevi Reclaimed by the Mainstream? A.Nesvetailova A Minsky Perspective on the...
Chapter
Full-text available
This chapter shows the fundamental role of Korean banks in the explosion of South Korea’s financial crisis in 1997 using an adapted Financial Instability Hypothesis (FIH) as an analytical tool to explain it unfolding.1
Article
Full-text available
This paper argues that Brazil has become subject to new forms of external vulnerability, which led to one of the largest exchange rate depreciations among emerging markets in the recent global financial crisis. Going beyond traditional external vulnerabilities in the form of creditor-debtor relations and stressing the dialectic relationship between...
Article
Full-text available
This paper examines the effects of financialisation on developing countries by considering international capital flows and reserve accumulation. Analytical focus lies on the international financial transactions of developing countries since 2000, especially in relation to the US economy. The paper shows that international capital flows have grown s...
Article
Full-text available
O artigo procura detalhar como a ontologia é interditada na tradição positivista da filosofia da ciência e nas concepções contemporâneas que pretenderam tê-la superado. Apontamos as incongruências desta impugnação nos dois casos em relação à própria prática e aos objetivos da ciência. Indicamos ainda que tal incongruência é absurda quando referida...
Article
Full-text available
Resumo: O objetivo do artigo é a discussão dos princípios da política macroeconômica que condicionam o crescimento econômico no Brasil e os seus impactos sobre o grau de vulnerabilidade externa e sobre o endividamento do país. Em específico, discute-se como a política econômica do atual governo reforça o caráter ortodoxo daquilo que era implementad...
Article
Full-text available
Resumo: Este trabalho, na primeira seção, define o que costuma ser entendido como um processo de abertura financeira, identifica os níveis que compõem este processo, e lista as principais justificativas teóricas costumeiramente apresentadas para a implementação deste tipo de política. Na segunda seção, discute-se teoricamente o impacto dos processo...
Article
This paper addresses the interdiction of ontology in the positivist tradition and the subsequent contemporary conceptions of science that pretend to have overcome it. The incongruities of such impugnation are pointed out in both cases when referring to the objectives and practices of science. In regard to the social sciences, Economics included, it...

Network

Cited By

Projects

Project (1)