Living with Inflation in Brazil

Living with Inflation in Brazil
Author: Thomas Griffin Sanders
Publisher:
Total Pages: 12
Release: 1985
Genre: Brazil
ISBN:

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Inflation Persistence in Brazil - A Cross Country Comparison

Inflation Persistence in Brazil - A Cross Country Comparison
Author: Mr.Shaun K. Roache
Publisher: International Monetary Fund
Total Pages: 22
Release: 2014-04-04
Genre: Business & Economics
ISBN: 1475542011

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Inflation persistence is sometimes defined as the tendency for price shocks to push the inflation rate away from its steady state—including an inflation target—for a prolonged period. Persistence is important because it affects the output costs of lowering inflation back to the target, often described as the “sacrifice ratio”. In this paper I use inflation expectations to provide a comparison of inflation persistence in Brazil with a sample of inflation targeting (IT) countries. This approach suggests that inflation persistence increased in Brazil through early 2013, in contrast to many of its IT peers, mainly due to “upward” persistence. The 2013 rate hiking cycle may have contributed to some recent decline in persistence.

Consumption Intensified

Consumption Intensified
Author: Maureen O'Dougherty
Publisher: Duke University Press
Total Pages: 280
Release: 2002-02-18
Genre: Social Science
ISBN: 0822383624

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Consumption Intensified examines how self-identified middle class Brazilians in São Paulo redefined their class during Brazil’s economic crisis of 1981–1994. With inflation soaring to an astounding 2700 percent, their consumption practices intensified, not only in relation to the national crisis but also to the expanding global consumer culture. Drawing on her observations of everyday practices and on representations of the middle class in popular culture, anthropologist Maureen O’Dougherty explores both the logic and incoherence of middle- to upper-middle-class Brazilian life. With the supports of middle-class living threatened—job security, quality education, home ownership, savings, ease of consumption—the means and meaning of “middle class” were thrown into question. The sector thus redefined itself through both class- and race-based claims of moral and cultural superiority and through privileged consumption, a definition the media underscored by continually addressing middle-class Brazilians as consumers—or rather, as consumers denied. In these times, adults became more flexible in employment, and put stakes in their children’s expensive private education. They engaged in elaborate comparison shopping, stockpiling of goods, and financial strategizing. Ongoing desire for distinction and “first- world” modernity prompted these Brazilians to buy foreign goods through contraband, thereby defying state protectionist policy. Discontented with the constraints of the national economy, they welcomed neoliberalism. By uncovering connections between culture and politics, O’Dougherty complicates understandings of the middle class as a social group and category. Illuminating the intricate relation between identity and local and global consumption, her work will be welcomed by students and scholars in anthropology and Latin American studies, and those interested in consumption, popular culture, politics, and globalization.

Who Would Vote for Inflation in Brazil?

Who Would Vote for Inflation in Brazil?
Author: Cheikh Tidiane Kane
Publisher: World Bank Publications
Total Pages: 34
Release: 1993
Genre: Brasil - Condiciones economicas
ISBN:

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Are Brazil's delays in adopting a stabilization program related to the finding that Brazil's high inflation hurts the lower and middle classes far more than the rich, who insulate themselves from its effect by taking advantage of high real interest rates on demand deposits?

Inflation and Economic Development in Brazil, 1946-1963

Inflation and Economic Development in Brazil, 1946-1963
Author: Raouf Kahil
Publisher: Oxford : Clarendon Press
Total Pages: 384
Release: 1973
Genre: Business & Economics
ISBN:

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Study of inflationary trends and economic development in Brazil from 1945 to 1963 - assesses structural weaknesses in respect of the agricultural sector, the industrial sector, the infrastructure, the trade structure, etc., and covers capital formation, wages and the minimum wage, investment, foreign exchange, economic policies, industrial development and urbanization, attempts at stabilization, etc. Bibliography and statistical tables.