Brazil
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1995-1996 , pp 149-160
- Publication Date: December 1996
- DOI: https://doi.org/10.18356/9edc167c-en
- Language: English
In 1995 the Brazilian authorities continued to implement the Real Plan, which they had introduced in mid-1994. Within the framework of this plan, Brazil succeeded in making the transition from an economy beset by chronic inflation to one that enjoyed greater stability and was carrying forward a series of structural reforms in the areas of trade liberalization and the downsizing of the State’s role in the economy. This was an unprecedented and still delicate situation, in which economic agents were just beginning to learn to function. A significant decline in inflation was accompanied by a rise in real wages and a build-up of international reserves.
© United Nations
ISBN (PDF):
9789210582995
Book DOI:
https://doi.org/10.18356/b63a7896-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Brazil
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