Ana Costa

Research Group

Governance, Economy and Citizenry

On-Line Profiles

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Short Bio

Ana Costa is a professor at ISCTE – Lisbon University Institute (Political Economy Department of the School of Social Sciences) and researcher at DINAMIA’CET (Research Centre for Socioeconomic Change and the Territory). She graduated in Economics and concluded a Master in Development and International Cooperation at ISEG and a PhD in Economics at ISCTE. She is subdirector of DINÂMIA’CET. She is also member of the Observatory about Crisis and Alternatives (Centre for Social Studies - University of Coimbra), in collaboration with the International Labour Organisation (ILO).

Research Interests

Political economy of austerity; Theoretical and epistemological foundations of the crisis of 2007-2008 and of the public policies to deal with the crisis; Values, (in)commensurability of value and valuation; Individual and collective decision making in context of moral difficulty; Institutional economics.

Individual Medium Term Research Programme

The imbrication between the conditions of production of economic knowledge, the design of policies, the material processes of transformation of economies and the circulation of economic ideas in the public space: a) analysis of the narratives of the economic crisis and / or other socio- in public space; b) the analysis of the economists' narratives offering a theoretical and epistemological reference of justification of the policies; c) study on the Banco de Portugal about the economic ideas that count and why in the context of European integration of the Portuguese economy and what role they played in the financialization process of this economy.

There is a convergence with the topic on governance, markets and human rights, and more recently with the objectives of Research and Teaching in Social and Human Sciences: Pluralism and Commitment. This convergence can be broadened and deepened. Analyzes such as the aforementioned Banco de Portugal, carried out within the scope of the RECON project, can foster this convergence. However, I have to confess that I have not always been able to base my work program on the research carried out in D'C, which is why my path has been fundamentally based on articulations with the research carried out at the ESC. I think that it is due in part to the fact that research in D'C has not directly and explicitly addressed the topic on the economic, social and political crisis from 2007/2008.

Main Projects

Member of the research team RECON (The making of economics in Portugal: a study of Portuguese recent economic research (1980 to the present)) coordinated by the CES - Center for Social Studies of the University of Coimbra, with the DINÂMIA'CET as participant institution (PTDC / IVCHFC / 3826/2014 June 2016 to June 2019) | + info

Principal Investigator of the OpenEc research project (Economics and the “real-world”: the case of the Portuguese Memorandum) coordinated by the CES - Center for Social Studies of the University of Coimbra, with DINÂMIA'CET as participant institution (EXPL / IVC-ESCT / 2324/2013, April 2014 to September 2015). | + info

Member of the research team Behave (A behavioral approach to consumer credit decision-making) coordinated by the CES - Center for Social Studies of the University of Coimbra, with DINÂMIA'CET as participant institution (March 2011 to September 2014). | + info

Member of the research team BeCom (Choice beyond (in)commensurability: controversies and public decision making on territorial sustainable development) coordinated by the CES - Center for Social Studies of the University of Coimbra, where the DINAMIA'CET-IUL participant institution (PTDC / CS-ECS / 099630/2008, February 2010 to September 2013).

Member of the NORMEC research team (The Normative Dimensions of Action and Order, The Economics of an Inclusive Europe), coordinated by DINÂMIA / ISCTE, with the participation of FORUM, University of Paris X Nanterre, and the University of Teramo (October 2001 to October 2004).

Main Publications

Costa, Ana, José Castro Caldas, Ricardo Coelho, Maria de Fátima Ferreiro e Vasco Gonçalves (2016), “The building of a dam: value conflicts in public decision-making”, Environmental Values, vol. 25: 215-234 | Read

Costa, Ana e José Castro Caldas (2014), “A União Europeia e Portugal entre os resgates bancários e a austeridade: um mapa das políticas e das medidas”, em José Reis (Org.), A Economia Política do Retrocesso, Coimbra: Almedina: 87-124.

Ferreiro, Maria de Fátima, Maria Eduarda Gonçalves e Ana Costa (2013), “Conflicting Values and Public Decision: the Foz Côa Case”, Ecological Economics, vol. 86: 129-135.

Costa, Ana Narciso e José Castro Caldas (2011), “Claiming Choice for Institutional Economics”, Journal of Economic Issues, Vol. XLV, nº. 3: 665-684.

Caldas, José Castro, Ana Narciso Costa e Tom R. Burns (2007), “Rethinking economics: the potential contribution of the classics”, Cambridge Journal of Economics, vol. 31, nº. 1: 2540.

Updated: 15/02/2017

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