Abstract
The introduction of indexed government bonds and the monetary correction are usually attributed to the PAEG period of Brazilian economic policy history. In contrast with this historical memory, this paper aims at revisiting the fact that both were part of Ignacio Rangel's proposal, which was rejected by the National Congress during Goulart term. Thus, the research is based on primary sources such as the legislative debates and interviews, in order to show Rangel's pioneering role in regard to these important institutional measures that would impact Brazilian economy in the following decades.
Keywords:
Monetary correction; Indexation; Goulart administration; Ignacio Rangel; PAEG