Held in Mangaratiba, Rio de Janeiro, under the sponsorship of the International Monetary Fund, the Central Bank of Brazil, and the Catholic University of Rio de Janeiro, this seminar brought together a large number of economists from different countries and institutions. The purpose was to discuss policies for sustained growth based on recent Latin American experiences. Although, at the time of the seminar, some economies—particularly that of Brazil—could not yet be deemed successful in their efforts to achieve price stability, the discussions centered on themes considered pertinent to the consolidation of stability and the recovery of growth.
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