This case provides an update of Brazil's economic performance since the January 1999 decision to devalue the Brazilian real. It also features a reflection by the former Central Bank President M. Gustavo Franco. It should be used in conjunction with the A and B cases (UVA-BP-0429 and UVA-BP-0430).
The case allows for a discussion of the effects of the devaluation on the Brazilian economy. This case series can be used in classes on international economics, international business, or international financial markets.