The Plano Real ("Real Plan", in English) was a set of measures taken to stabilize the Brazilian economy, during the presidency of Itamar Franco. Its architects include, among many others, Edmar Bacha, Pérsio Arida, André Lara Resende, Gustavo Franco, Pedro Malan, Winston Fritsch and Francisco Pinto.
Read more about Plano Real: The Problem, The Solution, The Result
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“Children ... seldom have a proper sense of their own tragedy, discounting and keeping hidden the true horrors of their short lives, humbly imagining real calamity to be some prestigious drama of the grown-up world.”
—Shirley Hazzard (b. 1931)
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