The political functionality of recession

João Sayad ()

Brazilian Journal of Political Economy, 1981, vol. 1, issue 4, 472-478

Abstract: The dismal situation the Brazilian economy faces with high unemployment andsluggish growth is foremost a result of the government’s policy of recession. This note reflectsthe government plans, with special attention to the income distribution effects of inflation. JEL Classification: E31; O11; E60; E51.

Keywords: Inflation; debt crisis; stabilization (search for similar items in EconPapers)
Date: 1981
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