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

Federico Marongiu

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Brazil; fiscal policy; external debt; inflation; hyperinflation (search for similar items in EconPapers)
JEL-codes: E02 E31 E5 E62 H6 N16 N46 (search for similar items in EconPapers)
Date: 2007-07
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/18956/1/MPRA_paper_18956.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:18956

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().