Antônio Delfim Netto

Brazilian politician (1928–2024)

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]

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

1. "Brazilian House Website". Retrieved 28 November 2013.
2. "Brazilian Ministers of Planning Gallery". Retrieved 28 November 2013.
3. "O Ministério - nomes novos e antigos" [The Cabinet - new and former names]. O Estado de S. Paulo (in Portuguese). São Paulo: S.A. O Estado de S. Paulo. 15 March 1979. p. 14. Retrieved 30 November 2013.
4. "Banqueiros esperam definições mais claras" [Bankers await for clearer definitions]. O Estado de S. Paulo (in Portuguese). São Paulo: S.A. O Estado de S. Paulo. 15 August 1979. p. 29. Retrieved 30 November 2013.
5. "Brazilian Embassy on France Website" (in French). Retrieved 30 November 2013.
6. "Brazilian Ministers of Finance Gallery". Archived from the original on 3 December 2013. Retrieved 28 November 2013.
7. "Ministry of Finance of Brazil Website". Archived from the original on 2 December 2013. Retrieved 26 November 2013.
8. "USP website". Archived from the original on 30 December 2013. Retrieved 26 November 2013.
9. "Biography at UOL's website (in Portuguese)". Retrieved 26 November 2013.
10. Conversas com economistas brasileiros. São Paulo, Editora 34, 1996, p.129
11. Weber, Isabella (2021). How China escaped shock therapy : the market reform debate. Abingdon, Oxon: Routledge. p. 244. ISBN 978-0-429-49012-5. OCLC 1228187814.
12. "Delfim Netto morre em SP aos 96 anos" (in Portuguese). 12 August 2024.