Hyperinflation and stabilization

Vol. 13 No. 4 (1993)

Oct-Dec / 1993
Published October 1, 1993
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Barbosa, Fernando de Holanda. 1993. “Hyperinflation and Stabilization”. Brazilian Journal of Political Economy 13 (4):497-509. https://doi.org/10.1590/0101-31571993- 0777.

Hyperinflation and stabilization

Fernando de Holanda Barbosa
Da Escola de Pós-graduação em Economia da Fundação Getúlio Vargas – FGV/Rio, e do Departamento de Engenharia de Produção da Universidade Federal Fluminense – UFF, Rio de Janeiro/RJ, Brasil.
Brazilian Journal of Political Economy, Vol. 13 No. 4 (1993), Oct-Dec / 1993, Pages 497-509


Brazil is undergoing hyperinflation, even though the currency is not dead yet.
But for any plan on inflation and stabilization to work, one must acknowledge that the process
is hyperinflationary, not just inflationary This paper presents a series of possible ways to
overcome this situation, including the need for a permanent fiscal adjustment.

JEL Classification: E31.

Keywords: Inflation stabilization