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The heterodox stabilization plans: main effects for the brazilian economy in the period 1985 to 1989

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Listed:
  • Andressa Welter, Caroline
  • Pereira de Souza Paetzhold, Thiago
  • Amorim Souza Centurião, Daniel
  • Beatriz Schneider, Mirian

Abstract

This work presented a special emphasis on the heterodox characteristic of the economic policies used between 1985 and 1989, covering all the stabilization plans of the period, whose main objective was control of the inflationary process. In the meantime, the Brazilian economy achieved high rates of inflation and low levels of economic growth, which led the 1980s to be known as the "lost decade" by the economic literature, mainly due to these characteristics. The failure of the heterodox policies in the inflation control had great influence in this process and ended up leaving a very significant legacy of income concentration.

Suggested Citation

  • Andressa Welter, Caroline & Pereira de Souza Paetzhold, Thiago & Amorim Souza Centurião, Daniel & Beatriz Schneider, Mirian, 2021. "The heterodox stabilization plans: main effects for the brazilian economy in the period 1985 to 1989," MPRA Paper 109229, University Library of Munich, Germany, revised 08 Mar 2021.
    • Handle: RePEc:pra:mprapa:109229
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    References listed on IDEAS

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    1. André Lara Resende, 1984. "A moeda indexada: uma proposta para eliminar a inflação inercial," Textos para discussão 75, Department of Economics PUC-Rio (Brazil).
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      Keywords

      hyperinflation; economic plans; economic policy.;
      All these keywords.

      JEL classification:

      • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics

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