Antônio Delfim Netto

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Antônio Delfim Netto
File:Delfim Netto.jpg
Netto in 2008
Member of the Chamber of Deputies[1]
In office
1 February 1987 – 1 February 2007
ConstituencySão Paulo
Minister of the Department of Planning[2]
In office
15 August 1979 – 14 March 1985
PresidentJoão Figueiredo
Preceded byMário Henrique Simonsen
Succeeded byJoão Sayad
Minister of Agriculture
In office
15 March 1979[3] – 15 August 1979[4]
PresidentJoão Figueiredo[3]
Preceded byAlysson Paulinelli[3]
Succeeded byAmaury Stabile[3]
Ambassador of Brazil to France[5]
In office
7 February 1975 – 10 February 1978
PresidentErnesto Geisel[3]
Preceded byAurélio de Lira Tavares
Succeeded byRamiro Saraiva Guerreiro
Minister of Finance[6]
In office
17 March 1967 – 15 March 1974
PresidentArtur da Costa e Silva
Emílio Garrastazu Médici
Preceded byEduardo Lopes Rodrigues
Succeeded byMário Henrique Simonsen
Personal details
Born(1928-05-01)1 May 1928[7]
São Paulo, Brazilian Republic[8]
Died12 August 2024(2024-08-12) (aged 96)
São Paulo, Brazil
PartyPP (2011–2024)
Other political
affiliations
  • ARENA (1965–1979)
  • PDS (1979–1993)
  • PPR (1993–1995)
  • PPB (1995–2003)
Alma materSchool of Economics, Business and Accounting of the University of São Paulo
FieldMonetarism[9]
Estruturalism[10]
School or traditionMonetarism

Antônio Delfim Netto (Brazilian Portuguese pronunciation: [ɐ̃ˈtoni.u dɛwˈfĩ ˈnɛtu, ɐ̃ˈtonju -]; 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]

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

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References

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  10. ^ Conversas com economistas brasileiros. São Paulo, Editora 34, 1996, p.129
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