Who supported the "Plano Collo"?
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