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giou foi o ritmo de trabalho, a conscientização e o entusiasmo, horário para eles não existia... Na Cocecrer-RS tivemos a visão do futuro...7
A criação do Banco Cooperativo
Em meados dos anos 90, enquanto o cooperativismo de cré- dito introduzia inovações na governança das cooperativas, auxilian- do no processo de desenvolvimento da economia brasileira, o País atravessava uma nova ruptura no modelo econômico. O impeach- ment de Fernando Collor de Mello, em 1992, teve desdobramentos no campo político, que repercutiram sobre o comportamento do mer- cado financeiro. Itamar Franco, que assumiu a presidência da Repú- blica no lugar de Collor, tinha como prioridade o controle da inflação. Naquele momento, o descontrole do nível dos preços atingia 1.200% ao ano, inibindo o investimento e o consumo. A equipe econômica, capitaneada pelo então ministro da Fazenda, Fernando Henrique Cardoso, elaborou um conjunto de medidas que mudariam os rumos da economia brasileira: o Plano Real, implementado entre maio de 1993 e março de 1994.
enthusiasm; time didn’t exist for them... At Cocecrer-RS, we saw a vision of the future...7.
The new bank
In the mid-1990’s, when credit
unions were introducing innovative management systems, helping to develop Brazil’s economy, the country experienced an event that disrupted its economic model. The impeachment of Fernando Collor de Mello, in
1992, had political ramifications
that affected the financial market.
The priority of Itamar Franco, who assumed the presidency in Collor’s place, was to get inflation under control. At that time, inflation was
at 1,200% annually, which inhibited investments and consumption. The economic team, led by then Minister of Finance Fernando Henrique Cardoso, designed a series of measures that changed the course
of Brazil’s economy – the Real Plan, implemented between May 1993 and March 1994.
In contrast with previous stabilization plans, the Real Plan was not sprung by surprise, but instead introduced gradually. Rather than freeze prices, the plan promoted “the nominal replacement of currency.” The rationale was that the country
had resumed the influx of foreign capital (significant reserves) and
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