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Alta inflación y planes de ajuste en Brasil durante el retorno a la democracia - 1985-1994
[High inflation and adjustment in Brazil during the return to democracy - 1985-1994]

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  • Marongiu, Federico
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    Abstract

    As it also happened in many Latin American countries during the 60s and 70s, inflation became one of the main economic problems in the Brazilian economy. The acceleration of prices and hyperinflation coexisted not only with periods of economic expansion (1956-1979), but also with huge contractions of the economy (1980-1989), and even with periods of major economic reforms(1990-1993). Inflation was perceived as a huge problem by Brazilian economic authorities from 1979 on. Since then, multiple adjustment programs were followed by the different governments with sharp distinctions between orthodox and heterodox programs. This work describes the main adjustment programs designed by economic authorities in the period 1985-1994.

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    File URL: http://mpra.ub.uni-muenchen.de/18956/
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    Bibliographic Info

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 18956.

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    Date of creation: Jul 2007
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    Handle: RePEc:pra:mprapa:18956

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    Related research

    Keywords: Brazil; fiscal policy; external debt; inflation; hyperinflation;

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    1. Carlos Eduardo Carvalho, 2003. "O fracasso do Plano Collor: erros de execução ou de concepção?," Economia, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 4(2), pages 283-331, July-Dece.
    2. RUGE-MURCIA, Francisco J., 1997. "Heterodox Inflation Stabilization in Argentina, Brazil, and Israel. A Historical Review and Some Stylized Facts," Cahiers de recherche 9707, Universite de Montreal, Departement de sciences economiques.
    3. Luiz Carlos Bresser Pereira, 1991. "A lógica perversa da estagnação: dívida, déficit e inflação no Brasil," Revista Brasileira de Economia, FGV/EPGE Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil), vol. 45(2), pages 187-212, April.
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