Plano Real
E231027
Plano Real was a landmark Brazilian economic stabilization plan launched in 1994 that successfully curbed hyperinflation and introduced the modern Brazilian currency, the real.
All labels observed (5)
| Label | Occurrences |
|---|---|
| Plano Real canonical | 4 |
| Plano Real (Real Plan) | 1 |
| Plano Real economic reform | 1 |
| URV (Unidade Real de Valor) | 1 |
| Unidade Real de Valor | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T2081836 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Plano Real Context triple: [Brazilian real, introducedAsPartOf, Plano Real]
-
A.
Brazilian real
The Brazilian real is the official currency of Brazil, introduced in 1994 as part of an economic stabilization plan and later subjected to significant devaluation during the 1999 currency crisis.
-
B.
Brazilian currency crisis of 1999
The Brazilian currency crisis of 1999 was a major financial turmoil in which Brazil was forced to devalue the real and abandon its currency peg, triggering inflationary pressures and economic instability.
-
C.
Guaranda
Guaranda is a small Andean city in central Ecuador known for its traditional architecture, indigenous culture, and vibrant Carnival celebrations.
-
D.
Orlandi Valuta
Orlandi Valuta is a money transfer and financial services brand owned by Western Union, primarily serving customers in the United States and Latin America.
-
E.
Chilean peso
The Chilean peso is the official monetary unit of Chile, used for everyday transactions and financial operations throughout the country.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Plano Real Target entity description: Plano Real was a landmark Brazilian economic stabilization plan launched in 1994 that successfully curbed hyperinflation and introduced the modern Brazilian currency, the real.
-
A.
Brazilian real
The Brazilian real is the official currency of Brazil, introduced in 1994 as part of an economic stabilization plan and later subjected to significant devaluation during the 1999 currency crisis.
-
B.
Brazilian currency crisis of 1999
The Brazilian currency crisis of 1999 was a major financial turmoil in which Brazil was forced to devalue the real and abandon its currency peg, triggering inflationary pressures and economic instability.
-
C.
Guaranda
Guaranda is a small Andean city in central Ecuador known for its traditional architecture, indigenous culture, and vibrant Carnival celebrations.
-
D.
Orlandi Valuta
Orlandi Valuta is a money transfer and financial services brand owned by Western Union, primarily serving customers in the United States and Latin America.
-
E.
Chilean peso
The Chilean peso is the official monetary unit of Chile, used for everyday transactions and financial operations throughout the country.
- F. None of above. chosen
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf | Brazilian economic stabilization plan ⓘ |
| architect | Fernando Henrique Cardoso ⓘ |
| country | Brazil ⓘ |
| countryCurrencyAffected | Brazilian real ⓘ |
| currencyCodeIntroduced | BRL ⓘ |
| economicConditionAfter | low and stable inflation ⓘ |
| economicConditionBefore |
chronic high inflation
ⓘ
episodes of hyperinflation ⓘ |
| followedBy |
floating exchange rate regime in 1999
ⓘ
inflation targeting framework adopted in 1999 ⓘ |
| hasConsequence |
foundation for later inflation-targeting regime
ⓘ
greater credibility of Brazilian monetary policy ⓘ increased purchasing power stability ⓘ |
| hasPart |
URV (Unidade Real de Valor)
ⓘ
linked to:
Plano Real
|
| implementedByOffice |
Ministry of Finance of Brazil
ⓘ
linked to:
Ministry of Finance (Brazil)
|
| implementedIn | 1994 ⓘ |
| implementedUnderPresident | Itamar Franco ⓘ |
| includesPolicy |
fiscal responsibility measures
ⓘ
indexation reduction ⓘ privatization program groundwork ⓘ trade liberalization continuation ⓘ |
| inflationRateAfter | reduced to single-digit or low double-digit levels ⓘ |
| inflationRateBefore | over 1000% per year in early 1990s ⓘ |
| influenced | subsequent Brazilian macroeconomic policy ⓘ |
| introducedCurrency |
real (BRL)
ⓘ
linked to:
BRL
|
| keyPerson |
André Lara Resende
ⓘ
Edmar Bacha ⓘ Fernando Henrique Cardoso ⓘ Gustavo Franco ⓘ Pedro Malan ⓘ |
| legalForm | set of constitutional amendments and ordinary laws ⓘ |
| mainGoal |
curb hyperinflation in Brazil
ⓘ
stabilize Brazilian economy ⓘ |
| politicalContext | Itamar Franco administration ⓘ |
| politicalOutcome | helped elect Fernando Henrique Cardoso president in 1994 ⓘ |
| precededBy |
Plano Collor
ⓘ
Plano Verão ⓘ |
| region | Latin America ⓘ |
| replacedCurrency | cruzeiro real (CR$) ⓘ |
| significance |
landmark in Brazilian economic history
ⓘ
successful anti-inflation program ⓘ |
| startTime | 1994 ⓘ |
| usesMechanism |
exchange rate anchor
ⓘ
fiscal adjustment measures ⓘ monetary tightening ⓘ temporary unit of account (URV) ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Plano Real Description of subject: Plano Real was a landmark Brazilian economic stabilization plan launched in 1994 that successfully curbed hyperinflation and introduced the modern Brazilian currency, the real.
Referenced by (8)
Full triples — surface form annotated when it differs from this entity's canonical label.
linked to: Plano Real
subject linked to:
Itamar Franco (as President of Brazil)
linked to: Plano Real
linked to: Plano Real
linked to: Plano Real