A persistência da indexação no Brasil pós-Real
By: CARVALHO, André Roncaglia de
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Material type: 
ArticlePublisher: São Paulo : Editora 34, Abr./June 2014Subject(s): Indexação | Inflação | Política MonetáriaOnline resources: Acesso Revista de Economia Política = Brazilian Journal of Political Economy 34, 2, p. 266-283Abstract: The paper analyzes the shortcomings of the Real plan combining political science and economics, considering evidences on difficulties in implementing a complete plan of deindexation, namely: the distributional conflict, the corporatist relations between the State and society and the bureaucratic isolation of a highly specialized technocracy. The announcement of the plan triggered defensive reactions, fueling distributive tensions during the URV period, forcing the economic team to take measures that contradicted the overall guidelines followed. The persistence of indexation mechanisms indicate the resulting obstacles in seeking a reform of the State through a stabilization plan, even though the latter has the former as a precondition
The paper analyzes the shortcomings of the Real plan combining political science and economics, considering evidences on difficulties in implementing a complete plan of deindexation, namely: the distributional conflict, the corporatist relations between the State and society and the bureaucratic isolation of a highly specialized technocracy. The announcement of the plan triggered defensive reactions, fueling distributive tensions during the URV period, forcing the economic team to take measures that contradicted the overall guidelines followed. The persistence of indexation mechanisms indicate the resulting obstacles in seeking a reform of the State through a stabilization plan, even though the latter has the former as a precondition
v. 34, n. 2 (135)
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