Antônio Delfim Netto | |
---|---|
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 | [7] São Paulo, São Paulo, Brazil [8] | 1 May 1928
Political party |
[3] |
Alma mater | School of Economics, Business and Accounting of the University of São Paulo |
Field |
Monetarism
[9] Estruturalism [10] |
School or tradition | Monetarism |
Antônio Delfim Netto (born May 1, 1928) is a Brazilian economist, former Minister of Finance, Agriculture, and Planning of Brazil, professor [3] and congressman. During his incumbency as Minister of Finance of Brazil, the country experienced the so-called Milagre Econômico (the Economic Miracle), a time of unprecedented economic growth. [3]
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 originated 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]