Cruzado Plan

GPTKB entity

Statements (24)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:country gptkb:Brazil
gptkbp:currencyIntroduced gptkb:Cruzado
gptkbp:currencyReplaced gptkb:Cruzeiro
gptkbp:financeMinister Dilson Funaro
gptkbp:followedBy gptkb:Bresser_Plan
gptkbp:goal control hyperinflation
https://www.w3.org/2000/01/rdf-schema#label Cruzado Plan
gptkbp:implementedIn gptkb:Brazilian_government
1986
gptkbp:notableFeature freezing of prices and wages
gptkbp:policy monetary reform
wage freeze
price freeze
abolition of monetary correction
heterodox stabilization plan
gptkbp:president gptkb:José_Sarney
gptkbp:publicReaction initial popular support
subsequent shortages
gptkbp:resultedIn initial reduction in inflation
eventual return of inflation
gptkbp:bfsParent gptkb:Bresser_Plan
gptkb:The_Theory_of_Inertial_Inflation
gptkbp:bfsLayer 7