Plano Trienal
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Plano Trienal
Proposed by the Minister of Planning Celso Furtado under João Goulart government, the Plano Trienal was a political answer to the inflation rising, that was in 1963 in the percentage of 78.4%, and the deterioration of the external commerce. Plan guidelines The plan was prepared in just three months by a team led by Celso Furtado. The objective of the plan was to return GDP growth to the 7% of previous governments, after the complete failure of João Goulart's initial economic policies, and for the first time to start a plan for income distribution. This plan was based on the principle of progressive import substitution, blaming the rise of prices on the structural imbalances of the Brazilian economy, ignoring the effect of the exchange rate on prices. To reach the dreamed-of performance of 7%, 3.5 trillion "cruzeiros" (the current currency) were allocated for investments at 1962 prices, assuming that this would cause a rise of per capita income from US$323,00 in 1962 to US$363,00 ...
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Celso Furtado
Celso Monteiro Furtado (July 26, 1920 – November 20, 2004) was a Brazilian economist and one of the most distinguished intellectuals of his country during the 20th century. His work focuses on development and underdevelopment and on the persistence of poverty in peripheral countries throughout the world. He is viewed, along with Raúl Prebisch, as one of the main formulators of economic structuralism, an economics school that is largely identified with CEPAL, which achieved prominence in Latin America and other developing regions during the 1960s and 1970s and sought to stimulate economic development through governmental intervention, largely inspired on the views of John Maynard Keynes. As a politician, Furtado was appointed Minister of Planning ( Goulart government) and Minister of Culture ( Sarney government). Biography Born in Pombal, a city set in the semi-arid region of the state of Paraíba, Celso Furtado moved to Rio de Janeiro in 1939, to study Law, and graduated from ...
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João Goulart
João Belchior Marques Goulart (1 March 1919 – 6 December 1976), commonly known as Jango, was a Brazilian politician who served as the 24th president of Brazil until a military coup d'état deposed him on 1 April 1964. He was considered the last left-wing president of Brazil until Luiz Inácio Lula da Silva took office in 2003. Name João Goulart was nicknamed Jango (), a common nickname to João in the south of Brazil. The Jânio Quadros–João Goulart presidential bid was thus called ''Jan–Jan'' (, an amalgamation of Jânio and Jango. His childhood nickname was ''Janguinho'' (little Jango). Years later, when he entered politics, he was supported and advised by Getúlio Vargas, and his friends and colleagues started to call him Jango. In his informality and affection, Getúlio Vargas also called him ''Janguinho''. His grandfather, Belchior Rodrigues Goulart, descended from Portuguese immigrants from the Azores who arrived in Rio Grande do Sul in the second half of the ...
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Timeline Of Brazilian Economic Stabilization Plans
The following is a timeline of the Brazilian economy, economic stabilization plans in the "new Republic" (post-military dictatorship) era, a period characterized by intense inflation of the local currency, exceeding 2,700% in the period of 1989 to 1990. This period was marked by intense economic experimentation (including many forms of economic heterodox shocks) and, as a whole, comprises a unique case study on Macroeconomy, macroeconomics. * February 28, 1986: Plano Cruzado (President of Brazil, president: José Sarney, finance minister: Dilson Funaro) * November 21, 1986: Plano Cruzado II (president: José Sarney, finance minister: Dilson Funaro) * June 12, 1987: Plano Bresser (president: José Sarney, finance minister: Luiz Carlos Bresser-Pereira) * January 6, 1988: Política Feijão com Arroz (president: José Sarney, finance minister: Maílson da Nóbrega) * January 15, 1989: Plano Verão (president: José Sarney, finance minister: Maílson da Nóbrega) * March 15, 1990: Plan ...
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List Of Economic Crises In Brazil
The economy of Brazil has been characterized by instability, and exceptionally unstable periods have affected a number of Brazilian states before and after the country's independence in 1822. Before independence After independence See also * Timeline of Brazilian economic stabilization plans * Economic history of Brazil The economic history of Brazil covers various economic events and traces the changes in the Brazilian economy over the course of the history of Brazil. Portugal, which first colonized the area in the 16th century, enforced a colonial pact with ... References {{DEFAULTSORT:Brazil Economic crises in Brazil Brazil economy-related lists ...
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Economic Crises In Brazil
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. ...
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1963 In Brazil
Events in the year 1963 in Brazil. Incumbents Federal government * President: João Goulart * Prime Minister: Hermes Lima (until 23 January) * Vice President: ''vacant'' Governors * Acre: vacant * Alagoas: Luis Cavalcante * Amazonas: Gilberto Mestrinho (till 25 March); Plínio Ramos Coelho (from 25 March) * Bahia: Juracy Magalhães then Lomanto Junior * Ceará: Parsifal Barroso (till 25 March); Virgílio Távora (from 25 March) * Espírito Santo: Asdrúbal Martins Soares (till 31 January); Francisco Lacerda de Aguiar (from 31 January) * Goiás: Mauro Borges * Guanabara: Carlos Lacerda * Maranhão: Newton de Barros Belo * Mato Grosso: Fernando Corrêa da Costa * Minas Gerais: José de Magalhães Pinto * Pará: Aurélio do Carmo * Paraíba: Pedro Gondim * Paraná: Nei Braga * Pernambuco: Cid Sampaio (till 31 January); Miguel Arraes (from 31 January) * Piauí: Tibério Nunes (till 25 March); Petrônio Portella (from 25 March) * Rio de Janeiro: ** until ...
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1964 In Brazil
Incumbents Federal government *President: João Goulart (until 1 April), Ranieri Mazzilli (from 1 April to 15 April), Marshal Castelo Branco (from 15 April) *Minister of War: Dantas Ribeiro until April 4, Artur da Costa e Silva * Minister of Mines and Energy: Oliveira Brito until April 4, Artur da Costa e Silva until April 17, Mauro Thibau Governors * Acre: vacant * Alagoas: Luis Cavalcante * Amazonas: Plínio Ramos Coelho (until 27 June); Artur César Ferreira Reis (from 27 June) * Bahia: Lomanto Júnior * Ceará: Virgilio Távora * Espírito Santo: Francisco Lacerda de Aguiar * Goiás: Mauro Borges (until 26 November); Carlos de Meira Mattos (from 26 November) * Guanabara: Carlos Lacerda * Maranhão: Newton de Barros Belo * Mato Grosso: Fernando Corrêa da Costa * Minas Gerais: José de Magalhães Pinto * Pará: Aurélio do Carmo (until 15 June); Jarbas Passarinho (from 15 June) * Paraíba: Pedro Gondim * Paraná: Nei Braga * Pernambuco: Miguel A ...
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1965 In Brazil
Events in the year 1965 in Brazil. Incumbents Federal government * President: Marshal Castelo Branco * Vice President: José Maria Alkmin Governors * Acre: ''Vacant'' * Alagoas: Luis Cavalcante * Amazonas: Artur César Ferreira Reis * Bahia: Lomanto Júnior * Ceará: Virgilio Távora * Espírito Santo: Francisco Lacerda de Aguiar * Goiás: ** Carlos de Meira Mattos (until 23 January) ** Emílio Rodrigues Ribas Jr (from 23 January) * Guanabara: ** Carlos Lacerda (until 11 October) ** Raphael de Almeida Magalhães (11 October–5 December) ** Francisco Negrão de Lima (from 5 December) * Maranhão: Newton de Barros Belo * Mato Grosso: Fernando Corrêa da Costa * Minas Gerais: José de Magalhães Pinto * Pará: Jarbas Passarinho * Paraíba: Pedro Gondim * Paraná: ** Ney Braga (until 17 November) ** Antônio Ferreira Rüppel (17 November-20 November) ** Algacir Guimarães (from 20 November) * Pernambuco: Paulo Pessoa Guerra * Piauí: Petr ...
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