Plano Real
Set of measures taken to stabilize the Brazilian economy in 1993 and 1994
Nº Q1811698 ★★★★
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Plano Real
Set of measures taken to stabilize the Brazilian economy in 1993 and 1994
The Plano Real ("Real Plan", in English) was a set of measures taken to stabilize the Brazilian economy in 1994, during the presidency of Itamar Franco. Its architects were led by the Minister of Finance and succeeding president Fernando Henrique Cardoso.
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Texte en anglais Pas encore d'article dans ta langue : extrait en anglais.
The Plano Real ("Real Plan", in English) was a set of measures taken to stabilize the Brazilian economy in 1994, during the presidency of Itamar Franco. Its architects were led by the Minister of Finance and succeeding president Fernando Henrique Cardoso. The Plano Real was based on an analysis of the root causes of hyperinflation in the New Republic of Brazil, that concluded that there was both an issue of fiscal policy and severe, widespread inertial inflation. The Plano Real intended to stabilize the domestic currency in nominal terms after a string of failed plans to control inflation.
Texte : Wikipédia en anglais, CC BY-SA 4.0. · Image : Photograph: User:Avelludo. Design: Central Bank of Brazil. (Public domain) ·
