Vol. 8 No. 4 (1988)
Oct-Dec / 1988
Published October 1, 1988
How to Cite
Bresser-Pereira, Luiz Carlos. 1998. “Os Dois Congelamentos De preços No Brasil”. Brazilian Journal of Political Economy 8 (4). https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1113.
Os dois congelamentos de preços no Brasil
Abstract
This paper compares the Cruzado Plan with the Bresser Plan. Both were price freezes based on the theory of inertial inflation. However, while the Cruzado Plan intended to end with inflation, the Bresser Plan was an emergency plan aimed to cope with the deep financial and economic crisis left by the failure of the Cruzado. It achieved this objective. As to inflation, the authors of the plan expected that the rate of inflation would be back to around 10 per cent in December 1987; the actual rate of inflation in this month was 14 per cent.