1992 – The necessary stabilization

This essay tries to respond to the question: what is the reason for Brazil beunable to stabilizes its economy? Three complementary responses can be assessed: i) a fiscaladjust is necessary but not enacted; ii) there is not sufficient technical capacity; and, iii) thecountry lacks political will. The...

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Detalhes bibliográficos
Autor: Bresser-Pereira, Luiz Carlos
Formato: artículo
Estado:Versión publicada
Fecha de publicación:1992
País:Brasil
Recursos:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1427
Acesso em linha:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1427
Access Level:acceso abierto
Palavra-chave:Inflação
estabilização
Inflation
stabilization
Descrição
Resumo:This essay tries to respond to the question: what is the reason for Brazil beunable to stabilizes its economy? Three complementary responses can be assessed: i) a fiscaladjust is necessary but not enacted; ii) there is not sufficient technical capacity; and, iii) thecountry lacks political will. These are not mutually exclusive and are treated along the textat the same time it is shown that the gradualist approach is not possible. JEL Classification: E31; E42.