Inflation, external imbalance and wages
Abstract
This is a response to Adroaldo Moura da Silva’s article “Inflação: reflexões à
margem de experiência brasileira” published in this journal. Our view is that the author’s
proposition needs to be amended, with special attention to the real causes of inflation and
present an alternative solution to the inflationary process in Brazil.
JEL Classification: E31; E51; E52.
Keywords: External debt IMF crisis inflation