What Were The Results
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Slow exports growth
- Overvalued exchange rates
- Balance of trade deteriorated
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Persistant inflation
- Lower and lower income for government
- No money to keep the pace (subsidies and new investments)
- Monetary policies funded the deficit
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Exaggeration of industries intense in capital did not solve unemployment
- Absorve few of the unemployed people
- Worse the centralization problem (agriculture)