Question

What programs did the brazillian government create in 1990

Answer 1

Brazil created two programs that distributed cash to poor families in exchange for their children leaving the workforce and staying in school. The two programs, Bolsa Familia and the Program to Eradicate Child Labor (PETI), have been very successful. 40 million families have been lifted out of poverty. On average, children in Brazil receive twice as many years of schooling today as they did in the 1990s. In addition, the number of child workers has been cut in half.

Answer 2

Brazil has reduced the poverty and child labor by implementing various social programs. Up to 2001, the extension of the rural social security program gave benefits to almost 6.6 million people in the form of a 5 billion $ per year.

Furthermore the brazil government controlled the inflation rate through a combination of de-indexation of labor contracts and an exchange-rate based stabilization policy, known as the Real Plan in 1994.

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