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Principles Guiding Brazilian Monetary Policy

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journal contribution
posted on 20.06.2011, 00:00 by Allan MeltzerAllan Meltzer

A foreigner visiting Brazil cannot fail to be impressed by the tremendous achievements of recent years. The signs of recent expansion, growth and development are everywhere. Brazilians have become so accustomed to these signs of expansion and change that they are often more inclined to talk about the problems that inevitably come with change than about the achievements that continue to run ahead of the problems and provide the additional resources used to develop the country.


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