Antônio Delfim Netto (Brazilian Portuguese pronunciation: [ɐ̃ˈtoniu dɛwˈfĩ ˈnɛtu]; 1 May 1928 – 12 August 2024) was a Brazilian economist, academic, and politician who was the Minister of Finance, Agriculture, and Planning,[3] as well as a congressman. During his incumbency as Minister of Finance of Brazil, the country experienced the so-called Economic Miracle, a time of unprecedented economic growth.[3]
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Antônio Delfim Netto | |
|---|---|
 Netto in 2008 | |
| Federal Deputy for São Paulo[1] | |
| In office 1 February 1987 – 1 February 2007 | |
| Constituency | At-large |
| Minister of the Department of Planning of the Presidency[2] | |
| In office 15 August 1979 – 14 March 1985 | |
| President | João Figueiredo |
| Preceded by | Mário Henrique Simonsen |
| Succeeded by | João Sayad |
| Minister of Agriculture | |
| In office 15 March 1979[3] – 15 August 1979[4] | |
| President | João Figueiredo[3] |
| Preceded by | Alysson Paulinelli[3] |
| Succeeded by | Amaury Stabile[3] |
| Ambassador of Brazil to France[5] | |
| In office 7 February 1975 – 10 February 1978 | |
| President | Ernesto Geisel[3] |
| Preceded by | Aurélio de Lira Tavares |
| Succeeded by | Ramiro Saraiva Guerreiro |
| Minister of Finance[6] | |
| In office 17 March 1967 – 15 March 1974 | |
| President | Artur da Costa e Silva Emílio Garrastazu Médici |
| Preceded by | Eduardo Lopes Rodrigues |
| Succeeded by | Mário Henrique Simonsen |
| Personal details | |
| Born | 1 May 1928[7] São Paulo, Brazil[8] |
| Died | 12 August 2024 (aged 96) São Paulo, Brazil |
| Political party | PP (2011–2024) |
| Other political affiliations | |
| Alma mater | School of Economics, Business and Accounting of the University of São Paulo |
| Field | Monetarism[9] Estruturalism[10] |
| School or tradition | Monetarism |
The Milagre Econômico overseen by Delfim Netto relied on a heterodox, developmentalist model.[11] The economic expansion relied on low wages, rapidly rising exports, and foreign capital inflows.[11] Delfim Netto gave another added meaning to the phrase "cake theory" in reference to this model: the cake had to grow before it could be distributed.[11] Although the "cake" in his metaphor did grow, it was highly unequally distributed.[11] Delfim Netto died in São Paulo on 12 August 2024, at the age of 96.[12]
Bibliography
- Antônio Delfim Netto (1997). O Brasil pós-real: a política econômica em debate. Universidade Estadual de Campinas, Instituto de Economia. ISBN 978-85-86215-06-3.
References
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