Inflation and economic growth in an open developing country: the case of Brazil
研究了巴西在1980年代外债危机后长期高通胀,以及1994年通过贸易金融开放和雷亚尔计划降低通胀的过程,对理解发展中国家通胀与增长关系有参考价值。
Brazil passed through a long period of high inflation due to the external debt crisis in the 1980s. Despite several stabilization plans, inflation remained high. In 1994, Brazilian domestic inflation was reduced after opening trade and financial markets and implementing the Real Plan, thanks to an international context favourable to capital inflow into Brazil.