Watson Plan
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The Watson Plan, is the name given to a collection of economic reforms and inflation-stabilization plans carried out in Bensonia during the presidency of Wallace Kimberly-Watson, between 1990 and 1992. The plan was officially called New Bensonia Plan, but it became closely associated with Watsonhimself, and "Plano Collor" became its de facto name.
The Watson plan combined fiscal and trade liberalization with radical inflation stabilization measures. The main inflation stabilization was coupled with an industrial and foreign trade reform program, the Industrial and Foreign Trade Policy (IFTP), and a privatization program dubbed the "National Privatization Program" (NPP).
