Abstract The present paper empirically assesses the role of capital flows in the output dynamics of the Mexican economy over the period 1994-2023. We hypothesize that capital flows have helped sustain a long-term economic growth rate that exceeds what is warranted by Mexico’s current account equilibrium. Our main contribution is to furnish empirical evidence supporting the Thirlwall-Hussain (1982) hypothesis. That is, capital flows are needed to finance the current account gap of economies growing beyond their means. Our analysis represents the first empirical test ever of such a model for the case of Mexico. Furthermore, our estimates from a vector error-correction model show that capital flows (FDI), imports and exports are intimately linked. Moreover, exports and FDI together provide the foreign exchange used to cope with technological and capital goods dependence. We conclude that finance is the most salient variable of overall economic dependence along the global supply chains. The main limitation of our study is that further empirical comparative analysis is required before generalizations can be reasonably made, a task for future endeavors.

Resumen Este trabajo evalúa empíricamente el papel de los flujos de capital en el crecimiento económico de México durante el período 1994-2023. La hipótesis central es que los flujos de capital contribuyen a mantener un crecimiento de largo plazo mayor al que se justificaría con equilibrio en la cuenta corriente. La principal contribución es proveer evidencia consistente con la hipótesis Thirlwall-Hussain (1982). Es decir, se requieren entradas de capital para financiar los déficits en la cuenta corriente de las economías que crecen más allá de sus medios. Este estudio es pionero en contrastar este modelo para el caso de México. Nuestras estimaciones, con base en un modelo de corrección de errores, muestran que los flujos de capital, las exportaciones y las importaciones están estrechamente ligadas. Las exportaciones y la inversión extranjera directa proveen las divisas necesarias para enfrentar la dependencia de tecnología y bienes de capital. La conclusión es que el financiamiento es una variable clave de la dependencia a lo largo de las cadenas globales de valor. La principal limitación es que se requiere investigación adicional para generalizar nuestros resultados.

ABSTRACT The aim of this article is to address how household debt and contemporary credit markets seem to be the defining elements in the reshaping of social policy both in developing and developed countries. We start off by recalling how the implementation of income policies as the core of a new social protection paradigm has contributed to promote market-based finance. We take Brazil as a case study to illustrate how this new connection between state guaranteed income policies and credit markets has unfolded resulting in increasing household debt. We show evidence that the connection between household debt and state-provided monetary benefits is effective and significant. countries marketbased market based finance stateprovided provided significant

RESUMO O objetivo deste artigo é abordar como o endividamento das famílias e mercado de crédito contemporâneos surgem como os elementos definidores na reconfiguração da política social tanto nos países em desenvolvimento quanto nas economias avançadas. Começamos lembrando que a implementação de políticas de renda como núcleo de um novo paradigma de proteção social tem contribuído para promover expansão dos mercados financeiros. Tomamos o Brasil como um estudo de caso para ilustrar como essa nova conexão entre as políticas de transferência de renda (contributivas ou não contributivas) e os mercados de crédito se desdobrou resultando no aumento do endividamento das famílias. Mostramos evidências de que a conexão entre dívida e benefícios monetários assegurados pelo Estado é efetiva e significativa. avançadas financeiros contributivas significativa

ABSTRACT The aim of this paper is: first, to show that the relationship between Latin America and the International Monetary Fund (IMF) is a faithful reflection of a class struggle on a world scale, where the correlation of internal and external forces has been articulated over the years in favor of capital; second, to analyze the concrete possibilities that the region will face in the future if it intends to reverse this unfavorable history. The paper argues that the IMF has played a key role in the reconfiguration and extension of the dominance of international finance capital over the productive resources of Latin America by favoring the consolidation of a local capitalist class subordinated to the designs and power of transnational capital.

RESUMEN Los objetivos del presente trabajo son, por un lado, mostrar que la relación entre América Latina y el Fondo Monetario Internacional (FMI) es el fiel reflejo de una lucha de clases a escala mundial, donde la correlación de fuerzas internas y externas se ha articulado a lo largo de los años en favor del capital; por el otro, reflexionar sobre las posibilidades concretas que se presentan en la región ante el futuro si ésta pretende revertir esta nefasta historia. El artículo sostiene que el FMI ha cumplido un papel clave en la reconfiguración y la extensión del dominio del capital financiero internacional sobre los recursos productivos de América Latina, a partir de favorecer la consolidación de una clase capitalista local subordinada a los designios y el poder del capital trasnacional.

Abstract Sustainable Corporate Finance is an important mechanism to address the climate crisis and its adverse effects on society and the environment. Environmental, Social and Governance (ESG) criteria have been proposed and implemented as a normative evaluation framework for companies in multiple sectors. However, ESG studies are not yet fully conclusive, but they serve to incorporate more than economic criteria to investment decisions in companies, and in this way, to focus on responsible investments. Among a variety of criteria, corporate responsibility and diversity in top management positions have gained significance today. Given this context, the aim of this study is to analyze the effect of including women in top leadership positions within high-cap companies and their impact on ESG indicators, with a particular focus on organizations in the industrial sector. A longitudinal study was conducted using balanced panel data of the companies that make up the Standard and Poor's 500, linear regression with random effects was estimated, as well as impact analysis using the Synthetic Difference in Difference (SDID). The results show a slight increase in the participation of women in top management (CEO), particularly in the last years (2020-2022). In addition, there is a statistically positive incidence between the participation of a female CEO in a better performance of the ESG indicators of the companies, with an impact of 0.2401 points, being the environmental criterion the most impacted with 0.6522 points.

Resumen Las finanzas corporativas sustentables son un mecanismo importante para hacer frente a la crisis climática y sus efectos adversos a la sociedad y el medio ambiente. Particularmente, se han propuesto e implementado los indicadores Ambiental, Social y Gobierno (ESG, por sus siglas en inglés) como un marco normativo de evaluación para las empresas de múltiples sectores. Los estudios realizados en materia de ESG aun no son concluyentes del todo, pero sirven para incorporar más que criterios económicos a las decisiones de inversión en las empresas y, de esta forma, orientarse en las inversiones responsables. Entre una variedad de criterios, la responsabilidad corporativa y la diversidad en posiciones de alta dirección ha cobrado relevancia en la actualidad. Dado lo anterior, el objetivo de este trabajo es analizar el efecto de la inclusión de mujeres en posiciones de liderazgo de alta dirección en las empresas de alta capitalización y su impacto en los indicadores ESG, realizando un especial énfasis en las organizaciones del sector industrial. Se realizó un estudio longitudinal a través de datos panel balanceados de las empresas que componen el índice Standard & Poor's 500, se estimó la regresión lineal con efectos aleatorios, así como del análisis de impacto mediante la Estimación Sintética de las Diferencias (SDID). Los resultados muestran un leve incremento en la participación de las mujeres en los altos mandos (CEO), particularmente en los últimos años (2020-2022). Además, existe una incidencia estadísticamente positiva entre la participación de una mujer CEO en un mejor desempeño de los indicadores ESG de las empresas, con un impacto de 0.2401 puntos, siendo el indicador ambiental el mayor impactado, con 0.6522 puntos.

RESUMEN El objetivo de la investigación es analizar la incidencia de la inversión pública sobre la recaudación del impuesto predial en gobiernos locales provinciales de la macrorregión sur del Perú durante el período 2010-2020. El tipo de estudio es aplicado, bajo el enfoque cuantitativo, diseño no experimental, tipo longitudinal de panel, de carácter descriptivo y explicativo. Los datos para cada municipalidad provincial fueron extraídos del portal informativo del Ministerio de Economía y Finanzas (MEF) segmentadas mediante el análisis de conglomerados. El método de estimación econométrica toma en cuenta la metodología para datos longitudinales de panel. Teniendo en cuenta el análisis de conglomerados y las estimaciones econométricas, los resultados muestran que un incremento del 1% en la inversión pública en transportes, saneamiento y cultura y deporte, provocó un aumento en la recaudación del impuesto predial de aproximadamente 0,3182%, 0,1208% y 0,0923% respectivamente (primer clúster); un incremento del 1% en la inversión pública en transportes, cultura y deporte, provocó un aumento en la recaudación del impuesto predial de aproximadamente 0,2588% y 0,1434% respectivamente (segundo clúster); y un incremento del 1% en la inversión pública en transportes y saneamiento, provocó un aumento en la recaudación del impuesto predial de aproximadamente 0,2923% y 0,1377% respectivamente (tercer clúster).

ABSTRACT The objective of the research is to analyze the incidence of public investment on property tax collection in provincial local governments of the southern macro region of Peru during the period 2010 to 2020. The type of study is applied, under the quantitative approach, design non-experimental, longitudinal panel type, descriptive and explanatory. The data for each provincial municipality were extracted from the information portal of the Ministry of Economy and Finance (MEF) segmented through cluster analysis. The econometric estimation method takes into account the methodology for longitudinal panel data. Taking into account the cluster analysis and econometric estimates, the results show that a 1% increase in public investment in transportation, sanitation, and culture and sports, caused an increase in property tax collection of approximately 0.3182%, 0.1208%. and 0.0923% respectively (first cluster), a 1% increase in public investment in transport, culture and sports, caused an increase in property tax collection of approximately 0.2588% and 0.1434% respectively (second cluster) and an increase in the 1% in public investment in transportation and sanitation, caused an increase in property tax collection of approximately 0.2923% and 0.1377% respectively (third cluster).

Abstract Presented as a model of monetary stabilization, the Real Plan laid the foundations upon which the dynamics of contemporary Brazilian economy unfold. Its impact extends far beyond the containment of inflationary pressures, with repercussions on the national economy as a whole. The macroeconomic scenario shaped by this plan catalyzed a transformation in the Brazilian political economy, standardizing the financialization process: since 1994, under its contours, there had been a restructuring and subsequent consolidation of the predominant role played by national finance in the power bloc built during the 1990s. The hypothesis of inertial inflation was a subsidy for its rules, with a central focus on the operationalization of Selic to meet internal aggregate demand and exchange rate appreciation. Thereby, by the way it changed the Brazilian economic panorama, the Real Plan is understood as a central concept in our economic history, a symbol of its time and the spirit of this era. JEL: N26, N46 stabilization unfold pressures whole process 1994 contours 1990s s rules appreciation Thereby panorama history era JEL N26 N N4 199 N2 19 1

Resumo Apresentado como modelo de estabilização monetária, o Plano Real lançou as bases sobre as quais se revela a dinâmica econômica brasileira contemporânea. Seus efeitos vão além do combate às pressões inflacionárias, com reflexos na economia nacional em sua totalidade. Sua macroeconomia transformou a economia política brasileira, normatizando seu processo de financeirização: desde 1994, sob seus contornos, reestruturou-se e, posteriormente, consolidou-se o papel dominante das finanças nacionais no bloco no poder construído ao longo da década de 1990. A hipótese da inflação inercial serviu como subsídio às suas regras, cujo cerne apresenta a operacionalização da Selic visando a demanda agregada interna e a valorização cambial. Desse modo, pela maneira como alterou o panorama econômico brasileiro, compreende-se o Plano Real como conceito em nossa história econômica, símbolo de seu tempo e espírito de sua época. monetária contemporânea inflacionárias totalidade financeirização 1994 contornos reestruturouse reestruturou posteriormente consolidouse consolidou 1990 regras cambial modo brasileiro compreendese compreende época 199 19 1

RESUMEN La economía popular y solidaria juega un papel económico significativo en la sociedad contemporánea. Es por esto que muchos de los actores que la conforman deben aprender cómo asumir su rol dentro de la fiscalidad. Este artículo se enfoca en la revisión de la literatura asociada con Contabilidad, Finanzas y Economía, para así, con una perspectiva sólida y especializada, analizar la relación cualitativa entre educación financiera y exoneraciones tributarias de estos actores. La revisión sobre las brechas de conocimiento, las estrategias para mejorar la educación tributaria y financiera, y el fortalecimiento del cumplimiento tributario, permitieron concluir que la educación financiera temprana, el desarrollo de plataformas tecnológicas y la promulgación de políticas públicas asociadas a los aspectos financieros y tributarios, son el camino a seguir para lograr una formación íntegra que abarque aspectos fiscales y mejore la relación de los actores de economía popular y solidaria con las exenciones fiscales.

ABSTRACT The popular and solidarity economy plays a significant economic role in contemporary society. This is why many of its actors must learn how to assume their role within taxation. This article focuses on the literature review associated with Accounting, Finance and Economics, in order to, with a solid and specialized perspective, analyze the qualitative relationship between these actors’ financial education and tax exemptions. The review of knowledge gaps, strategies to improve tax and financial education, and strengthening tax compliance, allowed to conclude that early financial education, technological platforms development and public policies promulgation associated with financial and financial aspects tax, conform the way to follow for achieving comprehensive training that covers fiscal aspects and improves the relationship of popular and solidarity economy actors with tax exemptions.

ABSTRACT This research aims to illustrate how, under the scenario of global financialization, Colombia’s productive model changed and now is led by finance which extracted value, creating instability, and provoking a crowding out effect on real sector embodied here by the manufacture share of GDP. The above became evident in the 1990s thanks to free-market reforms implemented. The research uses heterodox theory to empirically verify the hypotheses by creating variables representing the proposed phenomena and exposing them through descriptive analysis and a VARX model. how financialization Colombias Colombia s value instability GDP freemarket free market implemented

RESUMO Este trabalho mostra como, no cenário da financeirização global, materializou-se na Colômbia um modelo econômico no qual as finanças extraem valor, criam instabilidade e causam um efeito de deslocamento no desenvolvimento produtivo representado aqui pelo setor industrial. Isto ficou evidente a partir das reformas focadas no livre mercado na década de 1990. Com o objetivo de explicar este processo, o trabalho recorre à teoria heterodoxa e verifica empiricamente as hipóteses criando variáveis que representam os fenômenos propostos, expondo-os através de uma análise descritivo e um modelo VARX. como global materializouse materializou se valor industrial 1990 processo propostos expondoos expondo VARX 199 19 1

Abstract Purpose: This paper makes a novel attempt to estimate the potential impact of credit risk on foreign direct investment (FDI hereafter), thereby focusing on a completely unexplored area in the existing empirical literature. Design/methodology/approach: To provide a comprehensive understanding of the relationship between credit risk and FDI inflows, the study incorporates all the eight-member economies of the South Asian Association of Regional Cooperation (SAARC hereafter) and analyzes a panel data set, over the period 2011 to 2019, extracted from the World Development Indicators, using the suitable econometric techniques for the efficient estimations of the specified models. Findings: The results indicate a negative and statistically significant relationship between the credit risk of the banking sectors and FDI inflows. Similarly, market size and inflation rate appear to be the two other main factors behind the increasing FDI inflows in the SAARC member economies. Interestingly, the size of the market became irrelevant in attracting FDI inflows when the Indian economy is excluded from the sample due to its higher economic weight. On the other hand, FDI inflows are not dependent on the level of trade openness, with most of the specifications showing either an insignificant or negative coefficient of the variable. Practical implications: The obtained results are unique and robust to alternative methodologies, and hence, the SAARC economies could consider them as the critical inputs in formulating the appropriate policies on FDI inflows. Originality/value: The findings are unique and original. The authors have established a relationship between credit risk and FDI for the first time in the SAARC context.

Resumo O objetivo do presente artigo é contribuir com o estudo a respeito da trajetória intelectual de James M. Buchanan. O artigo argumenta que a tradição italiana de finanças públicas foi um importante canal de transmissão das ideias da economia política clássica e da filosofia do contrato social para Buchanan, temas que ele considera essenciais para a formação da economia constitucional. Isso é relevante para a melhor compreensão da trajetória de Buchanan na medida em que a importância da tradição italiana para a formação da economia constitucional é frequentemente subestimada pela literatura. M literatura

Abstract The objective of this article is to contribute to the study of the intellectual trajectory of James M. Buchanan. The article argues that the Italian tradition of public finance was an important channel for the transmission of ideas from classical political economy and the philosophy of the social contract to Buchanan, themes he considers essential for the formation of constitutional economics. This is relevant for a deeper understanding of Buchanan’s trajectory as the importance of the Italian tradition for the formation of constitutional economics is often underestimated in the literature. M Buchanan Buchanans s literature

ABSTRACT Objective: The aim of this study was to identify critical aspects of the Cold Chain in the immunization process in Peru. Methodology: A descriptive study was conducted, analyzing data from the Ministry of Economy and Finance (MEF) and the Ministry of Health (MINSA) for the years 2020-2021, as well as administrative records from the MINSA's Regional Health Strategies for immunizations in 2020. Technical aspects established in the Health Technical Standard for Cold Chain Management, such as obsolescence, allocation, functionality, and storage capacity were taken into account. Results: In the year 2020, at the national level, 61.8% of the cold chain equipment showed obsolescence, with some regions exceeding 75%, with Lima’s metropolitan region being the most affected at 88%. Concerning equipment allocation, 9% of the first-level health facilities lacked refrigeration equipment, with Loreto having the highest deficit (46%), followed by Huancavelica with a 21% gap. The overall equipment functionality nationwide was 84%, meaning that 16% of health facilities experienced technical failures, affecting vaccine’s storage capacity and posing risks to their safety and immunogenicity. Significant gaps were identified when considering quarterly or monthly storage for COVID-19 vaccines or other health emergencies. Conclusions: This study highlights potential risks in the operability and storage capacity of the national immunization program's vaccines in Peru during contingencies such as the COVID-19 pandemic or other health emergencies.

RESUMEN Objetivo: Identificar aspectos críticos de la Cadena de Frío en el Perú Metodología: Estudio descriptivo. Se analizaron datos del Ministerio de Economía y Finanzas (MEF) y del Ministerio de Salud (MINSA) de los años 2020-2021, así como los registros administrativos de las Estrategias Sanitarias Regionales de inmunizaciones del MINSA en 2020. Se consideraron aspectos técnicos de la Norma Técnica de Manejo de cadena de frío, como es obsolescencia, dotación, funcionalidad y capacidad de almacenamiento. Resultados: En el año 2020, en términos de obsolescencia el 61.8% de los equipos de cadena de frío a nivel nacional presentaban obsolescencia, siendo regiones claves como Lima Metropolitana (capital del país) la más afectada con un 88%. En cuanto a la dotación de equipos, el 9% de los establecimientos de salud del primer nivel carecen de equipos de refrigeración, siendo Loreto la región con mayor déficit 46%, seguida de Huancavelica con un 21% de brecha. En términos de funcionamiento, se registra que el 84% de los equipos a nivel nacional funcionan, y el 16% reportan fallas técnicas, lo cual representa alto riesgo en la seguridad y potencia inmunogénica de las vacunas a prever. En términos de capacidad, al considerar el almacenamiento trimestral o mensual para las vacunas contra la COVID-19 u otras emergencias sanitarias se identificaron brechas significativas. Conclusiones: Existen riesgos en la operatividad, suministro y capacidad de almacenamiento de las vacunas del esquema nacional de inmunizaciones de Perú incluso ante emergencias sanitarias.

Resumo As finanças são o eixo central da economia em todos os países do mundo. Contudo, suas manifestações são singulares em cada formação socioespacial, com características e especificidades locais. Na Argentina, em especial na cidade de Buenos Aires, vislumbramos uma repartição do trabalho financeiro por meio do que propomos chamar de comércios bancários, isto é, locais que mesclam funções comerciais com atividades bancárias. Busca-se com este texto traçar o caminho do dinheiro na divisão social e territorial do trabalho, estabelecendo o que denominamos de economia monetária digital, dando destaque ao fato de que a participação desses negócios configura a paisagem da cidade portenha e alterando a vida de relações em seu interior. Neste contexto, novas temporalidades são experienciadas pelos atores sociais, acelerando os processos de trocas e consumos urbanos. mundo Contudo socioespacial Argentina Aires bancários é bancárias Buscase Busca se digital interior contexto sociais urbanos

Resumen Las finanzas son el eje central de la economía en todos los países del mundo. Sin embargo, sus manifestaciones son singulares en cada formación socioespacial con características y especificidades locales. En Argentina, en particular en la ciudad de Buenos Aires, se nota una repartición del trabajo financiero por medio de lo señalamos como comercios bancarios, o sea, locales que mezclan funciones comerciales con actividades bancarias. Se busca con el texto hacer recorrido de los senderos del dinero en la división social y territorial del trabajo, estableciendo la economía monetaria digital, poniendo en relieve la participación de los negocios financieros en el paisaje de la ciudad porteña, cambiando la vida de relaciones en su interior. En ese contexto, nuevas temporalidades son experimentadas por los actores sociales, acelerando los procesos comerciales y los consumos urbanos. mundo embargo Argentina Aires bancarios sea bancarias digital porteña interior contexto sociales urbanos

Abstract Finance is the spine of the economy in every country in the world. However, its manifestations are singular in each socio-spatial formation, with local properties and specificities. In Argentina, particularly in the city of Buenos Aires, there is a distribution of financial work through what we refer to as bank-wise commerce, that is, premises that mix commercial functions with banking activities. The text seeks to travel the routes of money in the social and territorial division of labor, establishing the digital monetary economy, highlighting the participation of financial businesses in the landscape of the Buenos Aires city, and changing the life of relationships. In this context, new temporalities are experienced by social actors, accelerating commercial processes and urban consumption. world However sociospatial socio spatial formation specificities Argentina bankwise bank wise commerce activities labor relationships context actors consumption

Resumo: O pensamento educacional confucionista é um sistema teórico educacional completo, baseado no pensamento ético de Confúcio, cada vez mais enriquecido e aperfeiçoado na herança e desenvolvimento contínuo dos pensadores confucionistas posteriores. O pensamento educacional confucionista é diferente da teoria educacional ocidental. Toma a educação moral como núcleo e a ética como característica, com forte teor da humanística chinesa. Na educação moderna, o pensamento educacional do confucionismo ainda é comentado pelas pessoas. Do ponto de vista da análise filosófica, este artigo faz um estudo do principal propósito, conteúdo e método do pensamento educacional confucionista. Investiga a ideia filosófica por trás do pensamento educacional confucionista e resume seu importante esclarecimento para a educação contemporânea. Resumo completo Confúcio posteriores ocidental característica chinesa moderna pessoas propósito contemporânea

Abstract: Confucian educational thought is a complete educational theoretical system based on Confucius’ ethical thought, which is increasingly enriched and perfected in the later Confucian thinkers’ continuous inheritance and development. Confucian educational thought is different from Western educational theory. It takes moral education as the core, and ethics as the feature, with strong Chinese humanistic color. In modern education, the excellent educational thought of Confucianism is still talked about by people. From the perspective of philosophical analysis, this paper makes an in-depth study of the main purpose, content and method of Confucian educational thought, probes into the philosophical idea behind Confucian educational thought and summarizes its important enlightenment to contemporary education. Abstract Confucius thinkers development theory core feature color people analysis indepth depth purpose

ABSTRACT The article aims to address the ecological transition into a model that integrates the Harrod-Domar Dilemma and the New Developmentalism according to a Green New Developmentalism perspective. To this end, this paper focuses on the green sides of the middle-income countries’ traps by introducing a novel concept of the ecologically sustainable output growth rate into the new developmentalism model developed by Oreiro (2023) to identify a balanced ecological growth path. Compensating for the price competitiveness losses produced by the exchange rate over-valuation, Ecological Structural Change and green finance allow for reversing the process of premature de-industrialization by improving the competitiveness of the manufacturing sector. HarrodDomar Harrod Domar perspective end middleincome middle income countries 2023 (2023 path overvaluation, overvaluation over valuation, valuation over-valuation deindustrialization de industrialization sector 202 (202 20 (20 2 (2 (

RESUMO O artigo pretende abordar a transição ecológica para um modelo que integre o Dilema Harrod-Domar e o Novo Desenvolvimentismo segundo uma perspectiva do Novo Desenvolvimentismo Verde. Para este fim, este artigo centra-se nos lados verdes das armadilhas dos países de rendimento médio, introduzindo um novo conceito de taxa de crescimento da produção ecologicamente sustentável no modelo do novo desenvolvimentismo desenvolvido por Oreiro (2023) para identificar uma trajetória de crescimento ecológico equilibrada. Compensando as perdas de competitividade de preços produzidas pela sobrevalorização da taxa de câmbio, a Mudança Ecológica Estrutural e o financiamento verde permitem inverter o processo de desindustrialização prematura, melhorando a competitividade do setor transformador. HarrodDomar Harrod Domar Verde fim centrase centra se médio 2023 (2023 equilibrada câmbio prematura transformador 202 (202 20 (20 2 (2 (

Resumo: Embora se reconheça clara mudança em seu posicionamento político, de liberal a conservador, pode-se dizer que, no campo das ideias econômicas, Francisco de Salles Torres Homem (visconde de Inhomirim) manteve a lógica do que defendeu desde o início de suas atividades intelectuais. Considerando seus escritos de 1836, sua atuação nos debates parlamentares da década de 1850 e seu discurso no Senado em favor da Lei do Ventre Livre em 1871, nota-se uma linha coerente de argumentação especialmente em três assuntos: escravidão, moeda e finanças públicas. A fim de sustentar a hipótese de manutenção da coerência de suas ideias econômicas no decorrer de sua atuação política, a primeira seção deste trabalho analisa os artigos publicados nos periódicos Nitheroy e Minerva Fluminense entre 1836 e 1844, bem como os discursos parlamentares proferidos entre 1857 e 1871. Por ter sido ministro da Fazenda (1858-1859) e presidente do Banco do Brasil (1866-1869), a segunda seção reforça a hipótese em tela ao cotejar sua argumentação teórica com as medidas adotadas enquanto gestor de política econômica. Para tanto, valeu-se do relatório do Ministério da Fazenda (1858) e das atas de reunião da diretoria do Banco do Brasil. Resumo político conservador podese pode visconde Inhomirim intelectuais 185 1871 notase nota assuntos escravidão públicas 183 1844 18581859 1858 1859 (1858-1859 18661869, 18661869 1866 1869 , (1866-1869) econômica tanto valeuse valeu (1858 18 187 184 1858185 (1858-185 1866186 186 (1866-1869 (185 1 185818 (1858-18 186618 (1866-186 (18 18581 (1858-1 18661 (1866-18 (1 (1858- (1866-1 ( (1866- (1866 (186

Abstract: Although there is a clear change in his political position, from liberal to conservative, it can be said that, in the field of economic ideas, Francisco de Salles Torres Homem (Viscount of Inhomirim) maintained the logic of what he defended since the beginning of his intellectual activities. Considering his writings from 1836, his performance in the parliamentary debates of the 1850s, and his speech in the Senate in favor of the Lei do Ventre Livre in 1871, a coherent line of argumentation can be noted, especially on three subjects: slavery, currency, and public finances. To support the hypothesis that his economic ideas remained consistent throughout his political career, the first section of this paper analyzes the articles published in the periodicals Nitheroy and Minerva Fluminense between 1836 and 1844, as well as the parliamentary speeches given between 1857 and 1871. Since he was Minister of Finance (1858-1859) and president of Banco do Brasil (1866-1869), the second section reinforces the hypothesis by comparing his theoretical arguments with the measures adopted as a policymaker. To this end, it used the report of the Ministry of Finance (1858) and the minutes of the board meeting of Banco do Brasil. Abstract position conservative Viscount Inhomirim activities 1850s s 1871 noted subjects slavery currency finances career 183 1844 185 18581859 1858 1859 (1858-1859 18661869, 18661869 1866 1869 , (1866-1869) policymaker end (1858 187 18 184 1858185 (1858-185 1866186 186 (1866-1869 (185 1 185818 (1858-18 186618 (1866-186 (18 18581 (1858-1 18661 (1866-18 (1 (1858- (1866-1 ( (1866- (1866 (186