Alta inflación y planes de ajuste en Brasil durante el retorno a la democracia - 1985-1994

Marongiu, Federico (2007): Alta inflación y planes de ajuste en Brasil durante el retorno a la democracia - 1985-1994.

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.

• Item Type: MPRA Paper
• English Title: High inflation and adjustment in Brazil during the return to democracy - 1985-1994
• Language: Spanish
• Keywords: Brazil; fiscal policy; external debt; inflation; hyperinflation
• Subjects: E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal Policy; E - Macroeconomics and Monetary Economics > E0 - General > E02 - Institutions and the Macroeconomy; N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations > N16 - Latin America ; Caribbean; E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E31 - Price Level ; Inflation ; Deflation; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit; N - Economic History > N4 - Government, War, Law, International Relations, and Regulation > N46 - Latin America ; Caribbean; H - Public Economics > H6 - National Budget, Deficit, and Debt

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