Antônio Delfim Netto
Antônio Delfim Netto | |
|---|---|
Netto in 2008 | |
| Member of the Chamber of Deputies | |
| In office 1 February 1987 – 1 February 2007 | |
| Constituency | São Paulo |
| Minister of the Department of Planning | |
| 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 – 15 August 1979 | |
| President | João Figueiredo |
| Preceded by | Alysson Paulinelli |
| Succeeded by | Amaury Stabile |
| Ambassador of Brazil to France | |
| In office 7 February 1975 – 10 February 1978 | |
| President | Ernesto Geisel |
| Preceded by | Aurélio de Lira Tavares |
| Succeeded by | Ramiro Saraiva Guerreiro |
| Minister of Finance | |
| 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 |
| Died | 12 August 2024 (aged 96) São Paulo, Brazil |
| Party | PP (2011–2024) |
| Other political affiliations | Preview warning: Page using Template:Plainlist with unknown parameter "2 = [[Progressistas|PP]] (200..." |
| Alma mater | School of Economics, Business and Accounting of the University of São Paulo |
| Field | Monetarism Estruturalism |
| School or tradition | Monetarism |
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 served as a congressman and as Minister of Finance, Minister of Agriculture, and Minister of Planning.
Under Netto's tenure as Minister of Finance, Brazil experienced a period of unprecedented economic growth – the so-called Economic Miracle –, which was driven by a heterodox, developmentalist planning model reliant on low wages, a rapidly rising export rate, and massive inflows of foreign capital.
Netto added another layer of meaning to the "cake theory". According to him, the cake should rise before it could be shared; hence, economic growth would be an appropriate way to address the rampant inequality Brazil faced. Delfim Netto died in São Paulo on 12 August 2024, at the age of 96.