Notes on the Brazilian Crisis of 1997-99

ABSTRACT This paper deals with the Brazilian crisis of 1997-98 that lead to the exchange rate floating of January 1999. It starts by showing how exchange rate policy evolved since the Real Plan of 1994 and how the exchange rate regime became a critical issue when the crisis started in 1997. It discu...

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Bibliographic Details
Main Author: FRANCISCO L. LOPES
Format: Article
Language:English
Published: Editora 34 2020-07-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572003000300376&tlng=en