Structuralist Development Macroeconomics Research Group
Structuralist Development Macroeconomics explains economic development as a historical process of capital accumulation driven by technological progress and structural change. Sustained growth depends on profitable investment opportunities, supported by balanced expansion of domestic demand and exports, with an exchange rate maintained around its equilibrium level.
Our Research Areas
Our research is organized around six core areas in Structuralist Development Macroeconomics:
Growth and Distribution in Post-Keynesian Models
Examining the interaction between income distribution, demand dynamics, and long-term growth.
Growth, Infrastructure, and Convergence Dynamics
Analyzing how structural investment and productive capacity shape development trajectories.
Financial Fragility and Business Cycles
Investigating financial instability, credit cycles, and macroeconomic volatility.
Developmental Macroeconomics
Exploring structural transformation, industrial policy, and development strategies.
Stock-Flow Consistent Modeling
Developing coherent macroeconomic models that integrate real and financial sectors.
Monetary Policy, Exchange Rate Regimes, and Public Debt Sustainability
Assessing macroeconomic policy frameworks and their implications for stability and growth.
Our Publications
Access the scholarly articles published by our researchers.
More Publications
from our researches
Our Videos
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New Currency Controversies
New currency controversies: Private cryptocurrencies and digital currencies issued by Central Banks,” published in the International Journal of Political Economy.
Our seminars continue to be held online, recorded, and made available on our YouTube channel. However, we no longer livestream the events. Moving away from live transmission allows for greater flexibility in scheduling and organization, which is particularly important given the international nature of the group and our invited speakers.
Under the new format, invited guest speakers present a published paper. Members who are interested in the topic are encouraged to read the paper in advance. Access to the meeting link will be provided only to SDMRG members. The seminar itself will consist of the presentation followed by a discussion with participants.
Political aspects on economic developmenInformality, Financial Markets and Macroeconomic Instability
Title: Informality, Financial Markets and Macroeconomic Instability
Speaker: Paulo Medeiros
Discussant: Julia Juárez García
Discussant: Daniel Moura da Costa Teixeira
Lecture delivered by Professor José Luis Oreiro titled “A Macrodynamic Model for a Monetary Production Economy: Beyond Short-Period Equilibrium of Keynes’ General Theory’ in February 23rd, 2026 at the University of Basque Country.
Contact
For inquiries, academic collaboration, or further information about our research, please get in touch with our group.