Vol. 4 No. 2 (1984)
Apr-Jun / 1984
Published April 1, 1984
How to Cite
Marques, Maria Sílvia Bastos, and Paulo Nogueira Batista Jr. 1984. “A Terceira versão Do Acordo Brasil-FMI”. Brazilian Journal of Political Economy 4 (2). https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1883.
A terceira versão do acordo Brasil-FMI
Abstract
This paper discusses the recent evolution of negotiations between Brazil and the IMF. Section 1 presents a short survey of the difficulties encountered during the first phase of negotiations from November 1982 to September 1983. Section II examines policy targets for 1983 and performance criteria for fiscal policy, monetary policy and the external sector. The general outline of the IMF programme for Brazil in 1984-85 is analyzed in Section III, where it is shown that its basic guidelines are based on questio-nable assumptions and that the speed with which the adjustment is being attempted may be incompatible with Brazil’s objective situation. The final section provides a brief summary of the main conclusions.