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Janaína de Faria is a Lecturer in Political Economy at Federal University of Jequitinhonha and Mucuri Valleys (UFVJM), in Minas Gerais-Brazil, since 2013. She is currently on qualification leave to pursue her PhD in International Political Economy at King’s College London (KCL). She has been granted a Full Doctoral Scholarship Abroad for 2015-2019 by CAPES, a Brazilian-government research funding institution.

Janaína obtained her BA in Economic Sciences in 2009 from São Paulo State University (UNESP). She further obtained a Master’s degree in Scientific and Technological Policy in 2012 from State University of Campinas (UNICAMP), for which she was granted a research scholarship from FAPESP, a São Paulo state research funding institution. Both in her undergraduate monograph and in her Master’s dissertation, she combined socioeconomic theoretical analyses on value, technological innovation and capitalist development with the historical evolution of the international division of labour and the global institutional frameworks of intellectual property rights. She focused on pharmaceutical patents – mostly held by transnational companies from the Triad countries (North America, Western Europe and Southeastern Asia) – and their implications for production of and access to anti-HIV medication in the so-called Third World countries after the signature of World Trade Organisation (WTO)'s TRIPS Agreement. She also surveyed the more recent trends in global and regional anti-counterfeiting initiatives, negotiated outside the WTO scope, such as the plurilateral ACTA Agreement and European Union’s EC 1383/2003 Regulation.


From 2013 to 2015 Janaína was the vice-coordinator of UFVJM's BA in Economic Sciences. She is also a member of Grupo de Estudos de Crítica da Economia Política (GECEP) and a peer-reviewer for the journal Economia e Sociedade

Doctoral Research

Janaína’s PhD research revisits Karl Marx’s Capital to grasp two theoretical developments that are key for analyses of contemporary global finance and crises. Firstly, she dissects Marx’s unique approach to interest-bearing capital and its role within the dynamics of (surplus) value production, circulation and appropriation, i.e. within the general laws of capital reproduction. Secondly, Janaína explores how the national and international levels of capital accumulation are treated in Capital. In the course of this, she investigates whether Marx integrated into Capital the content of his 1857 plan, which comprised books on the State, on Foreign Trade and on the World Market and Crises. In the light of her theoretical research, Janaína discusses the main strengths and weaknesses of Marx’s framework to capture the core socioeconomic drivers of the 2007-8 global crisis and its aftermath. She also explores in more detail the position of the US dollar today vis-à-vis gold as world (commodity) money during Marx's time.

Research Interests

  • International Political Economy
  • History of Economic Thought
  • Marx and Marxism
  • Capital and States in the World Economy
  • Global Finance and US dollar
  • Technological Change and International Division of Labour


Introduction to International Economics.

UFVJM (Lecturer): Fundamentals of Political Economy; Classical Political Economy; Economic History II; National Accounting; Research Techniques in Economics.