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BYU Studies Quarterly

BYU Studies Quarterly

Keywords

Inflation, Finance, Brazil

Abstract

The effects of inflation in Brazil are given as an example of third-world economies around the globe. Wirthlin places Brazil's largest economic problem-that of inflation-in the larger context of the country's political, geographic, demographic, and economic situation. Then he discusses how inflation can cause inequality and political instability. He also examines the role insufficient food supplies, the political structure, and an aversion to foreign capital have had on rising prices. Along with offering several solutions to these problems, the author calls for further attention to the problems facing third-world economies.

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