Seminar

International finance and accumulation of fictitious capital over national capitalist class formation. A reflection from the reality of Mozambique
 
 

Carlos Castel-Branco (ISEG/CEsA)

May 29, 2019, 16h00

Room 1, CES | Alta

Overview

This seminar is structured around two core themes: (i) the historical reasons and processes that have made the relationship with the international financial system so important and dominant in Mozambique, and (ii) how this interaction is structured by, and, simultaneously, structures the dynamics and options of the political economy of the system of accumulation of private capital in Mozambique.

The seminar offers a broader and more systematic perspective that attempts to historically contextualize the financial scandals that affect Mozambique. This reflection is part of a line of research on financialization and de-industrialization in the African context which, in its turn, is part of a broader research project, still in its primary stages of development, on the paradoxes and limits of processes of capital accumulation in postcolonial contexts of uneven development of capitalism in the age of financialization.

Introduction: Maria Paula Meneses (CES). Comments José Maria Castro Caldas (CES)

Nota biográfica

Carlos Castel-Branco, a Mozambican economist, holds a PhD in economics from the University of London (SOAS Department of Economics), a master's degree in economic development from the University of Oxford, a master's degree in industrial development from the University of East Anglia. He is currently a visiting associate professor at ISEG (Lisbon School of Economics and Management) and researcher at CEsA (Centre for African, Asian and Latin American Studies).

His research has focused on the political economy of systems of accumulation of capital, with a focus on Mozambique. In this context, he is developing a research project on the paradoxes and limits of processes of capital accumulation in postcolonial contexts of uneven development of capitalism in the age of financialization.

Former member of the Popular Liberation Forces of Mozambique (FPLM - 1977-1983), an official in the department of economic policy (1983-1989), an advisor at the Ministry of Industry and Energy (1989-1990), Associate Professor at the Faculty of Economics of Eduardo Mondlane University (1993-2013). He is a founding member of the Institute of Social and Economic Studies (IESE), an independent Mozambican institute for research in social sciences, of which he was the first director (2007-2012) and coordinator of the economic and development research group (2007-2017).

 

Activity under the Doctoral Programme «Post-Colonialisms and Global Citizenship»