Brazil Structural Reforms

Brazil Military DictatorshipFrom 1964 to 1985 the Doctrine of National SecurityServed as model for the surrounding countriesCoup d'tat recognized internationally as a democratic forceBrazil Military Dictatorship

Brazil Military Dictatorship

Brazil Military DictatorshipDuring this authoritarian period the literacy rate of Brazil was 68%, which made easier for the government to control the public opinion.Liberal Movements leaders and artists fled the country because of the military repression and cultural censorship.Brazil Military DictatorshipCurrent Brazilian President Mrs Dilma Rousseff

Brazil Military DictatorshipShe became a socialist during her youth, and following the 1964 coup d'tat joined various left-wing and Marxist urban guerrilla groups that fought against the military dictatorship. Rousseff was captured and jailed between 1970 and 1972 and reportedly tortured.Brazil Military Dictatorship

Brazil Military DictatorshipShe was elected in a run-off on 31 October 2010. She is the first female elected President of Brazil, in addition to being the first economist to hold the office.The Cruzado Plan 1986Currency revaluationBanking system panic caused by the freeze of wages and prices resulted in a unstable economyPrice of goods adjusted daily Table system daily prices announcements through news papers to educate the population about the price of the dayThe Cruzado Plan

The Cruzado Plan

The Cruzado PlanIn order to accommodate such of high inflation, it was necessary to add zeros to the currency.The Cruzado Plan

The Cruzado PlanWith the failure of the Cruzado plan, the Brazilian Central Bank had no other choice but reform the currency again. The IMF and World Bank refused new loans until the political scene was more stabilized. With so many trade barriers, the recovery of the Brazilian economy was slow. High corruption was also another obstacle for the economy to recover.