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Essay heading: inflation in brazil
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History |
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| Date added: |
January 23, 1999 |
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5 / 1339 |
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0 times |
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A first assessment of the country's economic performance in the period can be made by noting that the yearly GDP growth rates averaged 7.15 percent in the fifties, 6.12 percent in the sixties, 8.84 percent in the seventies, 2.93 percent in the eighties, and 1.60 percent in the years 1990-95. For a comparison, one should note that the United States economy grew at a yearly average rate of 3 percent in the period 1960-92... displayed 300 characters
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For a comparison, one should note that the United States economy grew at a yearly average rate of 3 percent in the period 1960-92.
Throughout the 1980s and the early 1900s, Brazil suffered from both inflation and economic stagnation. This contrasts with most advanced industrial economics, where long periods of stagnation have usually been accompanied by either no or very low rates of price increases... displayed next 300 characters
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