This collection of essays by distinguished Brazilian and U.S. scholars and representatives of both the Sarney and Reagan administrations features the first penetrating analysis of Brazil's economic prospects and its monetary program.
The 1985 elections in Brazil returned South America''s largest country to democratic rule after two decades of military government. But the Sarney administration faces substantial economic and political challenges: over a 250 percent annual inflation rate, a foreign debt of more than $115 billion, and over a 20 percent unemployment rate. This collec
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