- Additional Positions at AU
- Affiliated Faculty, School of International Service (SIS)
- and Center for Latin American and Latino Studies (CLALS)
- PhD and MA, Economics, Minor in Political Science, Stanford University
Graduate Studies in Economics, Centro de Estudios Economicos y Demograficos, El Colegio de Mexico
AB, Economics, Yale University
- Languages Spoken
- English, Spanish
- Professor Blecker’s research interests include international trade, open economy macroeconomics, global trade imbalances, economic integration in North America, the Mexican economy, the limits to export-led growth strategies in developing countries, and U.S. trade policy. His teaching fields include international economics, macroeconomics, history of economic thought, and political economy.
Economic Policy Institute (EPI)
Political Economy Research Institute (PERI)
Work In Progress
- "NAFTA," in Robert E. Looney, ed., The Routledge Handbook of International Trade Agreements, Abingdon, UK: Routledge, forthcoming.
- “Long-term shifts in demand and distribution in neo-Kaleckian and neo-Goodwinian models,” in Hassan Bougrine and Louis-Philippe Rochon, eds., Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics: Essays in Honour of Marc Lavoie and Mario Seccareccia, Book Two. Cheltenham, UK: Edward Elgar, forthcoming.
- "The trade deficit trap: How it got so big, why it persists, and what to do about it," Working Paper No. 284, Economic Policy Institute, July 2009.
Speeches, Interviews, and Videos
- Speech on "The US Economy After the Crisis: Slow Recovery or Secular Stagnation?" Conference on "The Spectre of Stagnation? Europe in the World Economy," Berlin, Germany, October 23, 2015. You can watch the video of my presentation and you can download my slides in a pdf file.
- Radio interview on the impact of NAFTA on the Mexican economy and US-Mexican trade (first half hour in Spanish, second half hour in English), "Tan Cerca Tan Lejos [So Close, So Far Away]: A Voice of Mexico in the United States of America," which aired on WMUA 91.1 FM, Amherst, Massachusetts June 25, 2015..
- Panel discussion on "The U.S. Trade Deficit: Is It a Problem, or Not?" Council on Foreign Relations, Washington, DC, March 9, 2015. Links to article and video.
- Panel discussion on "Negotiating Regional Trade Accords: The Trans-Pacific Partnership and the Trans-Atlantic Trade and Investment Partnership." The Principal Financial Group Center for Global Citizenship, Drake University, Des Moines, Iowa, October 21, 2014. Link to video.
Honors and Awards
- AU Faculty Award for Outstanding Service to the University Community, 2014.
- AU Faculty Award for Outstanding Teaching in a Full-time Appointment, 2005.
- "Trumping the NAFTA Renegotiation: An Alternative Policy Framework for Mexican-US Cooperation and Economic Convergence," co-authored with Juan Carlos Moreno-Brid and Isabel Salat, Real World Economics Review, no. 82 (December 2017), 94-121.
- "The Debate over 'Thirlwall's Law': Balance-of-Payments-Constrained Growth Reconsidered," European Journal of Economics and Economic Policy: Intervention, vol. 13, no. 3 (December 2016), pp. 275-290.
- "Wage-led versus Profit-led Demand Regimes: The Long and the Short of It," Review of Keynesian Economics, vol. 4, no. 4 (2016).
- "The US Economy Since the Crisis: Slow Recovery and Secular Stagnation," European Journal of Economics and Economic Policy: Intervention, vol. 13, no. 2 (2016), pp. 203-214.
- "Finance, Distribution, and the Role of Government: Heterodox Perspectives for Understanding the Crisis," Studies in Political Economy, vol. 97, no. 1 (2016), pp.76-86.
- "Structural Change, the Real Exchange Rate and the Balance of Payments in Mexico, 1960-2012," co-authored with Carlos A. Ibarra. Cambridge Journal of Economics, vol. 40, no. 2 (March 2016), pp. 507-539.
- "The Mexican and U.S. Economies after Twenty Years of NAFTA," International Journal of Political Economy, vol. 43, no. 2 (Summer 2014), pp. 5-26.
- Economic Stagnation in the United States: Underlying Causes and Global Consequences. Brazilian Journal of Political Economy (Revista de Economia Politica), vol. 34, no. 4 (October-December 2014), pp. 689-725.
- "Trade Liberalization and the Balance of Payments Constraint with Intermediate Imports: The Case of Mexico Revisited," Structural Change and Economic Dynamics, vol. 25, no. 1 (June 2013), pp. 33-47.
- "Stolper-Samuelson Revisited: Trade and Distribution with Oligopolistic Profits," Metroeconomica, vol. 63, no. 3 (July 2012), pp. 569-598.
- "NAFTA, Trade and Development," (co-authored with Gerardo Esquivel), CESifo Forum (2010/4), pp. 17-30.
- “Davidson on Keynes: The Open Economy Dimension,” Journal of Post Keynesian Economics, vol. 32, no. 1 (Fall 2009), pp. 19-41.
- “External Shocks, Structural Change, and Economic Growth in Mexico, 1979-2007,” World Development, vol. 37, no. 7 (July 2009), pp. 1274–1284.
- “Developing Country Exports of Manufactures: Moving Up the Ladder to Escape the Fallacy of Composition” (co-authored with Arslan Razmi), Journal of Development Studies, vol. 44, no. 1 (January 2008), pp. 21-48.
- “The Fallacy of Composition and Contractionary Devaluations: Output Effects of Real Exchange Rate Shocks in Semi-Industrialised Countries” (co-authored with Arslan Razmi), Cambridge Journal of Economics, vol. 32, no. 1 (January 2008), pp. 83-109.
- “The Economic Consequences of Dollar Appreciation for U.S. Manufacturing Profits and Investment: A Time-Series Analysis,” International Review of Applied Economics, vol.21, no. 4 (September 2007), pp. 491-517. Unpublished Statistical Appendix
- “International Trade and Development,” in Louis-Philippe Rochon and Sergio Rossi, eds., An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis, Cheltenham, UK: Edward Elgar, 2016, pp. 259-281.
- "Integration, Productivity, and Inclusion in Mexico: A Macro Perspective," in Alejandro Foxley and Barbara Stallings, eds., Innovation and Inclusion in Latin America: Strategies to Avoid the Middle Income Trap, New York: Palgrave Macmillan, 2016, pp. 175-204.
- "Integracion, Productividad e Inclusion en Mexico: Perspectiva Macroeconomica," in Alejandro Foxley and Barbara Stallings, eds., Economias Latinoamericanas: Como Avanzar Mas Alla del Ingreso Medio, Santiago, Chile: CIEPLAN, 2014, pp. 343-390. Published in Spanish.
- “Would a North American Monetary Union Protect Canada and Mexico Against the Ravages of ‘Dutch Disease’? A Post-Financial Crisis Perspective” (co-authored with Mario Seccareccia), in Gerald Epstein, Thomas Schlesinger, and Matías Vernengo, eds., Banking, Monetary Policy and the Political Economy of Financial Regulation: Essays in the Tradition of Jane D’Arista, Cheltenham, UK: Edward Elgar Publishing Ltd., 2014.
- "Long-Run Growth in Open Economies: Export-Led Cumulative Causation or a Balance-of-Payments Constraint?" in Handbook of Post Keynesian Economics, Vol. I, edited by Geoffrey Harcourt and Peter Kriesler. Oxford: Oxford University Press, 2013.
- “Global Imbalances and the U.S. Trade Deficit,” in After the Great Recession: The Struggle for Economic Recovery and Growth, edited by Barry Z. Cynamon, Steven M. Fazzari, and Mark Setterfield. New York: Cambridge University Press, 2013.
- "Trade and the Development Gap" (co-authored with Gerardo Esquivel), in Mexico and the United States: The Politics of Partnership, edited by Peter H. Smith and Andrew Selee. Boulder: Lynne Rienner, 2013.
- "Open Economy Models of Growth and Distribution," in A Modern Guide to Keynesian Macroeconomics and Economic Policies, edited by Eckhard Hein and Engelbert Stockhammer. Cheltenham, UK: Edward Elgar, 2011. Mathematical Appendix
- “Comercio, Empleo y Distribución: Efectos de la Integración Regional y Global,” in Los Grandes Problemas de México, vol. IX, Crecimiento Económico y Equidad, edited by Nora Lustig. Mexico City: El Colegio de México, 2010, pp. 175-214. (in Spanish)
- "Export-Led Growth, Real Exchange Rates, and the Fallacy of Composition" (co-authored with Arslan Razmi), in The Handbook of Alternative Theories of Economic Growth, edited by Mark Setterfield. Cheltenham,UK: Edward Elgar, 2010, pp. 379-96.
Area of Expertise
U.S. economy including the budget debate; international trade and finance; exchange rates, the U.S. trade deficit, global trade imbalances.
Blecker researches international trade, open economy macroeconomics, the value of the dollar and the U.S. trade deficit, economic integration in North America, the Mexican economy and the limits to export-led growth strategies in developing countries. His teaching areas include international economics, macroeconomics, history of economic thought, and political economy.