Stabilization Plan in Brazil: some lessons from the Cruzado Plan

The success of a stabilization program depends on a series of factors. The recentexperiences with “heterodox” plans are sources of important lessons for both future stabilizationattempts and for theoretical developments. This piece focuses on the lessons learnedfrom the Cruzado Plan. JEL Classificat...

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Bibliographic Details
Author: Franco, Gustavo H. B.
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/1098
Online Access:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1098
Access Level:Open access
Keyword:Inflação
estabilização
Plano Cruzado
Inflation
stabilization
Cruzado Plan
Description
Summary:The success of a stabilization program depends on a series of factors. The recentexperiences with “heterodox” plans are sources of important lessons for both future stabilizationattempts and for theoretical developments. This piece focuses on the lessons learnedfrom the Cruzado Plan. JEL Classification: E31; E52.