Brazil's Inflation Rollercoaster: How Stabilization Plans Shaped Economic History.
The article discusses Brazil's experiences with inflation and stabilization from 1960 to 1990. It looks at five different plans aimed at stabilizing the economy. The first plan, PAEG, reduced the rate of inflation but didn't eliminate it completely. Later plans introduced new mechanisms to control inflation, including adjusting wages to keep up with rising prices. These plans were a mix of orthodox and heterodox approaches. Overall, the study shows how Brazil tried different strategies to stabilize its economy during a challenging period.