Skip to main content
    • Aa
    • Aa

Heterodox Shock in Brazil: Técnicos, Politicians, and Democracy

  • Lourdes Sola (a1)

The recent experiences of transition to democracy in Latin America have taken place in circumstances which suggest a need to rethink the political and social dimensions of inflation. The experience of the 1980s reveals that the once familiar road which led from an inflationary spiral and a rising foreign debt to the collapse of democracy can also be travelled by other types of regime. The crisis of the bureaucratic-authoritarian regimes, Chile apart, reflected an inability to deal with those same focal points of political and economic uncertainty. The sequence which runs from high (or hyper) inflation to political regime change may be neutral, in the sense that it is indifferent to whether the regimes affected are democratic or authoritarian.

Linked references
Hide All

This list contains references from the content that can be linked to their source. For a full set of references and notes please see the PDF or HTML where available.

D. Carneiro , ‘Long-Run Adjustment, the Debt Crisis, and the Changing Role of Stabilisation Policies in the Recent Brazilian Experience’, in R. Thorp and L. Whitehead (eds.), Latin American Debt and Adjustment Crisis (Oxford, 1987)

Recommend this journal

Email your librarian or administrator to recommend adding this journal to your organisation's collection.

Journal of Latin American Studies
  • ISSN: 0022-216X
  • EISSN: 1469-767X
  • URL: /core/journals/journal-of-latin-american-studies
Please enter your name
Please enter a valid email address
Who would you like to send this to? *


Full text views

Total number of HTML views: 0
Total number of PDF views: 4 *
Loading metrics...

Abstract views

Total abstract views: 57 *
Loading metrics...

* Views captured on Cambridge Core between September 2016 - 20th September 2017. This data will be updated every 24 hours.