The following is a
timeline of the
Brazilian
economic stabilization plans in the "new Republic" (post-
military dictatorship
A military dictatorship is a dictatorship in which the military exerts complete or substantial control over political authority, and the dictator is often a high-ranked military officer.
The reverse situation is to have civilian control of the m ...
) era, a period characterized by intense
inflation of the local
currency, exceeding 2,700% in the period of 1989 to 1990.
This period was marked by intense economic experimentation (including many forms of economic
heterodox shocks) and, as a whole, comprises a unique
case study on
macroeconomics
Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole.
For example, using interest rates, taxes, and ...
.
* February 28, 1986:
Plano Cruzado (
president:
José Sarney,
finance minister:
Dilson Funaro
Dilson Domingos Funaro (October 23, 1933 – April 12, 1989) was a Brazilian businessman and politician, owner of the toy company ''Indústria de Brinquedos Trol''. He was also CEO of the Brazilian Development Bank and later Finance Minister of B ...
)
* November 21, 1986:
Plano Cruzado II (president:
José Sarney, finance minister:
Dilson Funaro
Dilson Domingos Funaro (October 23, 1933 – April 12, 1989) was a Brazilian businessman and politician, owner of the toy company ''Indústria de Brinquedos Trol''. He was also CEO of the Brazilian Development Bank and later Finance Minister of B ...
)
* June 12, 1987:
Plano Bresser (president:
José Sarney, finance minister:
Luiz Carlos Bresser-Pereira
Luiz Carlos Bresser-Pereira (born 30 June 1934) is a Brazilian economist and social scientist. He teaches at the Getulio Vargas Foundation, in São Paulo. Since 1981, he has edited the ''Brazilian Journal of Political Economy''.
Bresser-Pereir ...
)
* January 6, 1988:
Política Feijão com Arroz (president:
José Sarney, finance minister:
Maílson da Nóbrega
Maílson Ferreira da Nóbrega (Cruz do Espírito Santo, Paraíba, May 14, 1942) is a Brazilian economist. He was Finance minister in José Sarney's administration during a period of hyperinflation in the late 1980s. He is married and has five chil ...
)
* January 15, 1989:
Plano Verão (president:
José Sarney, finance minister:
Maílson da Nóbrega
Maílson Ferreira da Nóbrega (Cruz do Espírito Santo, Paraíba, May 14, 1942) is a Brazilian economist. He was Finance minister in José Sarney's administration during a period of hyperinflation in the late 1980s. He is married and has five chil ...
)
* March 15, 1990:
Plano Collor
The Collor Plan ( pt, Plano Collor), is the name given to a collection of economic reforms and inflation-stabilization plans carried out in Brazil during the presidency of Fernando Collor de Mello, between 1990 and 1992. The plan was officially ca ...
,
[Villela, Anibal]
The Collor Plan and the Industrial and Foreign Trade Policy
. Institute of Applied Economic Research The Institute of Applied Economic Research (Portuguese: ''Instituto de Pesquisa Econômica Aplicada'', Ipea) is a Brazilian government-led research organization dedicated to generation of macroeconomical, sectorial and thematic studies in order to b ...
. 1997. Retrieved September 8, 2007. a.k.a. "Plano Brasil Novo" and Plano Collor II (president:
Fernando Collor de Mello, finance minister:
Zélia Cardoso de Mello
Zélia Maria Cardoso de Mello (born September 20, 1953, in São Paulo) served as Brazil's Minister of Economy from 1990 to 1991 under Fernando Collor de Mello. She was later married to Brazilian comedian Chico Anysio, with whom she has two child ...
)
* July 1, 1994:
Plano Real (president:
Itamar Franco, finance minister:
Fernando Henrique Cardoso)
See also
*
List of economic crises in Brazil
*
History of Brazil (1985-present)
Before the arrival of the Europeans, the lands that now constitute Brazil were occupied, fought over and settled by diverse tribes. Thus, the History of Brazil begins with the indigenous people in Brazil. The Portuguese arrived to the land that wo ...
*
Economy of Brazil
*
Economic history of Brazil
The economic history of Brazil covers various economic events and traces the changes in the Brazilian economy over the course of the history of Brazil. Portugal, which first colonized the area in the 16th century, enforced a colonial pact with ...
*
Inertial inflation
*
Washington consensus
The Washington Consensus is a set of ten economic policy prescriptions considered to constitute the "standard" reform package promoted for crisis-wracked developing countries by Washington, D.C.-based institutions such as the International Monet ...
References
{{reflist
Brazilian economic stabilization plans
Economic stabilization plans
Economic crises in Brazil
Brazil