Chair holder (Contemporary China) at the School of Advanced Studies at Federal University of Rio de Janeiro (CBAE/UFRJ)

Research Scholar, Levy Economics Institute of Bard College (New York)

Senior Fellow, Brazilian Center for International Relations (CEBRI)

Member, International Joseph Schumpeter Society

Website: https://lburlamaqui.com.br

Lattes ID: 1945892311481422

PROFILE

Leonardo Burlamaqui is a Brazilian political economist specializing in innovation, competition, macro-finance, development strategy, and institutional change. His work integrates Schumpeter, Keynes, Minsky, Weber, and Polanyi to analyze the political economy of innovation and the State, Asian Capitalism, contemporary China, and capitalist transformations in the 21st Century. He is a Professor at the School of Advanced Studies at UFRJ, Research Scholar at the Levy Institute, and Senior Fellow at CEBRI. From 2006 to 2014, he served as Senior Program Officer at the Ford Foundation in New York, directing the global initiative on Reforming Financial Governance.

ACADEMIC and PROFESSIONAL POSITIONS

School for Advanced Studies (UFRJ)– Chair Holder and Research Professor (2022–present)

State University of Rio de Janeiro (UERJ) – Professor of Economic Evolution (1996–present)

Levy Economics Institute of Bard College – Research Scholar (2014–present)

Brazilian Center for International Relations (CEBRI) – Senior Fellow

Ford Foundation (New York) – Senior Program Officer (2006–2014)

EDUCATION

PhD in Economics, Federal University of Rio de Janeiro (UFRJ), 1995

MA in Economics, University of Campinas (UNICAMP), 1986

BA in Economics, Candido Mendes University

Postdoctoral Studies: UCL Institute for Innovation and Public Purpose; Brazilian School for Advanced Studies (UFRJ)

RESEARCH AREAS

Schumpeterian competition and creative destruction; Political Economy of Liquidity & Innovation; The Political Economy of the State, Minskyian macro-finance; Comparative Development; Asian capitalism; Contemporary China, Institutional economics; Knowledge governance.

BOOKS (SELECTED)

Keynes: A Revolutionary Liberal (2023)

Schumpeter and the Creative Destruction Paradigm (2023)

Capitalism, Socialism and Democracy: A Twenty-First-Century Agenda (2019, co-ed.)

Financial Governance, Banking and Instability in Brazil (2017, co-ed.)

Minsky Goes Global (2017, co-ed.)

Development Financial Institutions: Theory and History (2015, co-ed.)

Financial Stability and Growth (2014, co-ed.)

Knowledge Governance (2012, co-ed.)

Institutions and the Role of the State (2000, co-ed.)

Organized Capitalism in Japan (1991, co-authored)

SELECTED ARTICLES AND WORKING PAPERS

Recent and Working Papers

Creative Destruction Meets Financial Instability: A New Synthesis – Levy Institute WP.

Financial Fragility Without Financial Instability: Chinese Banking Reform under Zhu Rongji.  Levy Institute WP.

Creative Destruction Meets the Entrepreneurial State – CBAE Working Paper.

China: Socialism with Schumpeterian Characteristics – CBAE Working Paper.

Xi Jinping’s Managed Creative Destruction and the Construction of a Eurasian Order – CBAE Working Paper.

Tugan-Baranovsky on Marx and Ethical Socialism – CBAE Working Paper.

Schumpeterian Competition and Dynamic Capabilities ( with Adriano Proença) – CBAE Working Paper.

Selected Published Articles

Schumpeter, the Entrepreneurial State and China (IIPP, 2020)

The COVID‑19 Crisis: A Minskyan Approach (with E. Torres, 2020)

Development as Leapfrogging, Not Convergence (with R. Kattel, 2016)

Assessing Divergent Development Trajectories (with R. Kattel, 2016)

Finance, Development and the Chinese Entrepreneurial State (2015)

Knowledge Governance, Innovation and Development (2010)

Innovation, Competition and Financial Vulnerability (with J. Kregel, 2005)

Evolutionary Economics, State and Democracy (1999)

The Role of Government in an Evolutionary Environment (1998)

INTERNATIONAL AFFILIATIONS

Board member, International Joseph Schumpeter Society

Board member, ISA Research Committee on Economy & Society (1998–2002)

Member: Schumpeter Society, EAEPE, The Other Canon Foundation, Post-Keynesian Economics Forum.

RESEARCH PROJECTS (SELECTED)

The Political Economy of Creative Destruction– Principal researcher.

Financial Governance and Development in Brazil – Coordinator

Financial Institutions for Innovation and Development (Brazil, China, India) – Coordinator

Global Finance and Chinese Financial Governance – Coordinator

Institutions and Economic Development – Coordinator

TEACHING (SELECTED)

Courses taught: Contemporary China, Asian Capitalism, Competition, Innovation & Technical Progress; Institutional Economics; Political Economy; The Political Economy of the State, Development Strategies; Economic History, Development; History of Economic Thought; Governance of Knowledge.

LANGUAGES

Portuguese (native), English (fluent), Spanish (advanced reading), French (reading), Italian (reading)

AWARDS & FELLOWSHIPS

Winner, Public Competition for Professor of Political Economy, UERJ

FAPERJ New PhD Fellowship; CAPES & CNPq Scholarships; Japan Foundation fellowships

MEDIA & PUBLIC ENGAGEMENT

Frequent interviews and commentary in Brazilian media on financial governance, development, China, and macro-finance.

CONFERENCE ORGANIZATION

Co-organizer of major international conferences including annual Minsky Conferences; BNDES/MINDS/IPEA;  and global governance forums.

ACADEMIC SUPERVISION

Supervisor and co‑supervisor of multiple MA and PhD dissertations in economics, development, public policy, and law & economics.