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In this chapter, we review the monetary and fiscal history of Argentina for the period 1960–2017, a time during which then country suffered several balance of payments crises, three periods of hyperinflation, two defaults on government debt, and three banking crises. All told, between 1969 and...
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Brazil has had a long period of high inflation. It peaked around 100 percent per year in 1964, decreased until the … indexation in accounting for the unique features of inflation dynamics in Brazil.Institutional subscribers to the NBER working … crisis in the early 1980s. We show that the high-inflation period (1960–1994) was characterized by a combination of fiscal …
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Brazil had a long period of high inflation. It peaked around 100% per year in 1964, and accelerated again in the 1970s … features of the inflation dynamics in Brazil in comparison to the other Latin American countries … problems and economic stagnation that followed the external debt crisis in the early 1980s. We show that the high-inflation …
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persistent decline in the debt-to-GDP ratio; ii) the CPI inflation and the interest outlays represent state variables in the … the Selic rate in the recent cycle of monetary expansion. -- primary surpluses ; net public debt ; inflation rate …
Persistent link: https://www.econbiz.de/10009737243
Brazil has had a long period of high inflation. It peaked around 100 percent per year in 1964, decreased until the … indexation in accounting for the unique features of inflation dynamics in Brazil … crisis in the early 1980s. We show that the high-inflation period (1960-1994) was characterized by a combination of fiscal …
Persistent link: https://www.econbiz.de/10012479377
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Brazil has had a long period of high inflation. It peaked around 100 percent per year in 1964, decreased until the … indexation in accounting for the unique features of inflation dynamics in Brazil. … crisis in the early 1980s. We show that the high-inflation period (1960-1994) was characterized by a combination of fiscal …
Persistent link: https://www.econbiz.de/10012008408