The National Monetary Council as Monetary Authority:

Monetary Governance in the Period 1964-1994

Authors

  • Gustavo H. B. Franco

DOI:

https://doi.org/10.30800/mises.2015.v3.727

Keywords:

National Monetary Council, Monetary Authority, Act 4595, Constitutional Amendment 40, Inflation Targets

Abstract

With particular attention to the evolution of ideas concerning the composition of the National Monetary Council (CMN), according to different philosophies regarding the monetary institutions that they were intending to create, and discussing the modifications of the CMN and its meaning to the monetary governance in the country, in this article the author presents a survey of the evolution of the regulatory agencies of monetary policy in Brazil from the time of SUMOC (Superintendence of Money and Credit) (1945-1965), emphasizing the history of the Central Bank and of CMN.

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Published

2015-06-01

How to Cite

1.
Franco GHB. The National Monetary Council as Monetary Authority:: Monetary Governance in the Period 1964-1994. MisesJournal [Internet]. 2015 Jun. 1 [cited 2025 Apr. 3];3(1):145-66. Available from: https://revistamises.org.br/misesjournal/article/view/727

Issue

Vol. 3 No. 1 (2015)

Section

Economics, Methodology and Praxiology

License

 

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