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商品編號： 9-704-028 出版日期： 2004/02/03 作者姓名： Di Tella, Rafael;Alfaro, Laura;Vogel, Ingrid 商品類別： Other 商品規格： 24p 再版日期： 2010/03/10 地域： Brazil 產業： 個案年度： 1999 - 2003
商品敘述：
In October 2002, Brazilians elected a left-wing president, Luis Inacio Lula da Silva, for the first time in that country''s history. As markets faltered in response, Lula sought to reaffirm his commitment to fiscal discipline, a floating exchange rate, and inflation targeting. By August 2003, however, his attempt to change market sentiment was threatened as the country faced a looming recession. Skeptics began to worry that the new PT (Worker''s Party) government would be forced to resort to printing money to meet its campaign promises. Furthermore, after Argentina''s massive default on its public debt at the end of 2001, observers were questioning the sustainability of Brazil''s debt situation. Lula was under intense pressure to deliver results immediately and implement measures that would help spur the economy.
涵蓋領域：
Debt management;Economic conditions;Monetary policy;Macroeconomics;Inflation;Emerging markets
相關資料：
Case Teaching Note, (5-704-039), 19p, by Rafael Di Tella, Laura Alfaro, Ingrid Vogel
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