The Cruzado Plan: theory and practice

The purpose of this paper is to review the stabilization experience implementedin Brazil in 1986. The first section discusses the theoretical foundations of the so-calledCruzado Plan. A brief review of the performance of the Brazilian economy is presented inthe following section, as well as the main...

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Bibliographic Details
Author: Marques, Maria Sílvia Bastos
Format: article
Status:Published version
Publication Date:1998
Country:Brasil
Institution:EDITORA 34
Repository:Revista de Economia Política
Language:Portuguese
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1107
Online Access:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1107
Access Level:Open access
Keyword:Inflação
estabilização
Plano Cruzado
Inflation
stabilization
Cruzado Plan
Description
Summary:The purpose of this paper is to review the stabilization experience implementedin Brazil in 1986. The first section discusses the theoretical foundations of the so-calledCruzado Plan. A brief review of the performance of the Brazilian economy is presented inthe following section, as well as the main aspects of the stabilization program. The final sectionanalyses the implementation of the Cruzado Plan, its problems and the management ofeconomic policy during 1986, and the fírst months of 1987. JEL Classification: E31; E52.