This case describes the political and economic development of Brazil since the end of World War II by October 1998, focusing on politics and the effects of the real plan for economic stabilization plan implemented between 1994 and 1998. Infection of the crisis in Russia in August 1998 led to a massive outflow of capital from Brazil and put pressure on foreign exchange reserves. Brazil has to decide what action to take in relation to its system of fixed exchange rates. See also In case (UV1619) and C case (UV1620). "Hide
by Petra Christmann, Heitor Carrera Source: Darden School of Business 32 pages. Publication Date: March 13, 2002. Prod. #: UV1618-PDF-ENG
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