Recession, inflation and foreign debt

When the economy is in recession, inflation accelerates in the Brazilian economy.In order that prices go up during recession corporations, in an oligopolist economy, reduceproduction and increase prices, instead of doing the contrary, as conventional economiesteach. To overcome recession, it is nece...

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Detalhes bibliográficos
Autor: Rangel, Ignácio
Formato: artículo
Estado:Versión publicada
Fecha de publicación:1985
País:Brasil
Recursos:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1851
Acesso em linha:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1851
Access Level:acceso abierto
Palavra-chave:Recessão
inflação
ciclo econômico
Recession
inflation
business cycle
Descrição
Resumo:When the economy is in recession, inflation accelerates in the Brazilian economy.In order that prices go up during recession corporations, in an oligopolist economy, reduceproduction and increase prices, instead of doing the contrary, as conventional economiesteach. To overcome recession, it is necessary that entrepreneurs take advantage of the newopportunities for investment in new dynamic sectors of the economy. In Brazil, public utilitiesare the sector that has more opportunities for growth. Private enterprises, national andmultinational, that have now idle capacity and excess savings will transfer these savings. Topublic utilities as soon as institutional and financial arrangements make this possible. JEL Classification: E32; D43.