Vol. 13 No. 4 (1993)
Oct-Dec / 1993
Published October 1, 1993
How to Cite
Bresser-Pereira, Luiz Carlos. 1993. “Stabilization in an Adverse Environment: The 1987 Brazilian Experience”. Brazilian Journal of Political Economy 13 (4):510-32. https://doi.org/10.1590/0101-31571993-0775.
Stabilization in an adverse environment: the 1987 Brazilian experience
Abstract
This paper is both a first-hand account of the stabilization programs that Brazil
tried during the mid-to-late-1980s to combat inflation and considerations regarding how to
promote efficient reforms. The main concern is how economic policy is not separated from
political processes and that only with political support it is possible to achieve the necessary
reforms.
JEL Classification: E31; D72.
Keywords: Inflation stabilization