Brazil: Selected Issues and Statistical Appendix

September 22, 1999

Summary

This Selected Issues paper and Statistical Appendix on Brazil looks at price developments following the floating of the Real in mid-January 1999. The paper highlights that the experiences in East Asia—Indonesia, Korea, Malaysia, Philippines, and Thailand—all show that the pass-through from devaluation to inflation has been lower than expected, with the exception of Indonesia. The paper analyzes the competitiveness and export performance of Brazil. Effects of high interest rates and currency depreciation on Brazilian enterprises are also analyzed.

Subject: Banking, Expenditure, Inflation, Inflation targeting, Labor, Monetary policy, Pension spending, Pensions, Prices, Wages

Keywords: break, central bank report, company, CR, draft FRL, East Asia, Europe, Global, government, Inflation, Inflation targeting, inflation targeting framework, information system, inspections department, ISCR, North America, Pension spending, Pensions, price level, Southeast Asia, Wages

Pages:
163
Volume:
1999
DOI:
---
Issue:
097
Series:
Country Report No. 1999/097
Stock No:
1BRAEA0011999
ISBN:
9781451805895
ISSN:
1934-7685

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