Stabilization Plan in Brazil: some lessons from the Cruzado Plan

Vol. 8 No. 2 (1988)

Apr-Jun / 1988
Published April 1, 1988
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Franco, Gustavo H. B. 1998. “Stabilization Plan in Brazil: Some Lessons from the Cruzado Plan”. Brazilian Journal of Political Economy 8 (2):315-25. https://doi.org/10.1590/0101-31571988-2131.
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Stabilization Plan in Brazil: some lessons from the Cruzado Plan

Gustavo H. B. Franco
Pontifícia Universidade Católica – PUC/RJ. Rio de Janeiro/RJ, Brasil.
Brazilian Journal of Political Economy, Vol. 8 No. 2 (1988), Apr-Jun / 1988, Pages 315-325

Abstract

The success of a stabilization program depends on a series of factors. The recent
experiences with “heterodox” plans are sources of important lessons for both future stabilization
attempts and for theoretical developments. This piece focuses on the lessons learned
from the Cruzado Plan.

JEL Classification: E31; E52.


Keywords: Inflation stabilization Cruzado Plan