Who supported the "Plano Collo"?

Vol. 38 No. 4 (2018)

Oct-Dec / 2018
Published February 26, 2020
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

F. S. Andrada, Alexandre. 2018. “Who Supported the "Plano Collo"?”. Brazilian Journal of Political Economy 38 (4):781-99. https://doi.org/10.1590/0101-3157-2018-2713.

Who supported the "Plano Collo"?

Alexandre F. S. Andrada
Professor Adjunto do Departamento de Economia da Universidade de Brasília (UnB). Brasília/DF, Brasil.
Brazilian Journal of Political Economy, Vol. 38 No. 4 (2018), Oct-Dec / 2018, Pages 781-799

Abstract

In the book Economia BrasileiraContemporânea (Brazilian Contemporary Economy) Lavinia Barros de Castro states that the Collor Plan "received criticism from all sides", the "the monetary assets blocked was considered an unacceptable state intervention" and that the freezing of prices, the fiscal adjustment and the recessive character of the Plan were also questioned. We argue that these claims are misleading. Analyzing articles, columns and interviews published at that time, we argue that the economic plan received, during its first weeks, a wide support from businesspeople, politicians, economists and even the general population.

JEL Classification: B; B2; N; N1; N16.


Keywords: Collor Plan history of brazilian economic thought