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Pérsio Arida
Pérsio Arida (born 1 March 1952 in São Paulo) is a Brazilian economist and a former president of the Central Bank of Brazil. He has a bachelor's degree in economics from University of São Paulo and a Ph.D in Economics from Massachusetts Institute of Technology. He has served the Brazilian government by taking part in the crafting of the Plano Real; more specifically, he was one of the creators of the Unidade Real de Valor, a non-monetary currency and the most sophisticated and theoretical piece of the Plano Real. In 1995, he served as the president of the Central Bank of Brazil and Special Secretary of Social-Economic Coordination, Ministry of Planning. In the private sector, he was a board member of Banco Itaú Holding Financeira S.A. and Banco Itaú S.A., board member of Sul-América S.A, director of Opportunity Asset Management Ltda., board member of Unibanco S.A. and special adviser for the presidency and director of Brasil Warrant Ltd. Since the 1970s, he has also worked ...
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Central Bank Of Brazil
The Central Bank of Brazil ( pt, Banco Central do Brasil) is Brazil's central bank. It was established on Thursday, 31 December 1964, a New Year's Eve. The bank is not linked to any ministry, currently being autonomous. Like other central banks, the Brazilian central bank is the principal monetary authority of the country. It received this authority when it was founded by three different institutions: the (SUMOC), the Bank of Brazil, Banco do Brasil (BB), and the . One of the main instruments of Brazil's monetary policy is the Banco Central do Brasil's overnight rate, called the SELIC rate. It is managed by Monetary Policy Committee (COPOM) of the bank. The bank is active in promoting financial inclusion policy and is a leading member of thAlliance for Financial Inclusion It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration. during the 2011 AFI Global Policy Forum, Global Policy Forum i ...
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Unidade Real De Valor
The Daily Unidade Real de Valor, or URV (Portuguese, ''Real Value Unit''), was a non-monetary reference currency (i.e., non-fiat) created in March 1994, as part of the Plano Real in Brazil. It was the most theoretically sophisticated piece of the Plano Real and was based on a previous academic work by Pérsio Arida and André Lara Resende, the "Larida Plan", published in 1984. Its main purpose was to establish a parallel currency to the cruzeiro real, free from the effects of inertial inflation on the latter, which exceeded 1,200% per year prior to the implementation of the new currency, the real. It was conceived as a temporary instrument to break up the "psychological inertia" that had ingrained in the Brazilian mindset and which caused prices to keep rising as a consequence of ''subjective'' estimation of inflation or ''preemptive adjustment'' without cost assessment. These phenomena are among the chief characteristics of hyperinflation, resulting from the erosion of confidenc ...
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Presidents Of The Central Bank Of Brazil
President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese full-size sedan * Studebaker President, a 1926–1942 American full-size sedan * VinFast President, a 2020–present Vietnamese mid-size SUV Film and television *'' Præsidenten'', a 1919 Danish silent film directed by Carl Theodor Dreyer * ''The President'' (1928 film), a German silent drama * ''President'' (1937 film), an Indian film * ''The President'' (1961 film) * ''The Presidents'' (film), a 2005 documentary * ''The President'' (2014 film) * ''The President'' (South Korean TV series), a 2010 South Korean television series * ''The President'' (Palestinian TV series), a 2013 Palestinian reality television show *''The President Show'', a 2017 Comedy Central political satirical parody sitcom Music *The Presidents (American soul band) *The ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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1952 Births
Year 195 ( CXCV) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Scrapula and Clemens (or, less frequently, year 948 ''Ab urbe condita''). The denomination 195 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus has the Roman Senate deify the previous emperor Commodus, in an attempt to gain favor with the family of Marcus Aurelius. * King Vologases V and other eastern princes support the claims of Pescennius Niger. The Roman province of Mesopotamia rises in revolt with Parthian support. Severus marches to Mesopotamia to battle the Parthians. * The Roman province of Syria is divided and the role of Antioch is diminished. The Romans annexed the Syrian cities of Edessa and Nisibis. Severus re-establish his h ...
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Gustavo Franco
Gustavo Henrique de Barroso Franco (born April 10, 1956, in Rio de Janeiro) is a Brazilian economist. Former Governor of the Brazilian Central Bank, is best known for being one of the "fathers" of the Real Plan, the 1994 monetary reform that ended hyperinflation in Brazil. He teaches economics at the Catholic University in Rio de Janeiro since 1986. He is also a businessman, consultant and has served on many boards. He foundeRio Bravo Investimentoswhere he works as Senior Advisor. He has written several books, academic papers and contributes regularly to newspapers and magazines. Early life and studies Franco was born in Rio de Janeiro on April 10, 1956. His mother Maria Isabel Barbosa de Barroso Franco, was from Teófilo Otoni, state of Minas Gerais, and his father, Guilherme Arinos Lima Verde de Barroso Franco, was born in Itacoatiara, at the backlands of the state of Amazonas. Guilherme Arinos made a career at Banco do Brasil and during the war started a lifelong friendship an ...
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Brazilian Development Bank
The National Bank for Economic and Social Development ( pt, Banco Nacional de Desenvolvimento Econômico e Social, abbreviated: BNDES) is a development bank structured as a federal public company associated with the Ministry of the Economy of Brazil. The stated goal is to provide long-term financing for endeavors that contribute to the country's development. BNDES is one of the largest development banks in the world (after the Chinese Development Bank, which boasts assets of around RMB 7.52 trillion, or around $1.2 tn). Its non-performing loan ratio is also less favorable (2.2%) compared to the CDB's that stands below 1%. Among the objectives of BNDES are the strengthening of the capital structure of private companies, the development of capital markets, the trading of machines and equipment and the financing of exports. Since its establishment on June 20, 1952, BNDES has financed large-scale industrial and infrastructure endeavors and has played a significant role in the suppor ...
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Blavatnik School Of Government
The Blavatnik School of Government is a school of public policy founded in 2010 at the University of Oxford in England. The School was founded following a £75 million donation from a business magnate Leonard Blavatnik, supported by £26 million from the University of Oxford. It is part of Oxford's Social Sciences Division, which aims to train current and future leaders in the practice of government. Alongside the Harvard Kennedy School, the School is widely considered one of the most prestigious schools for public policy in the world. Courses The Blavatnik School of Government admitted its first students in 2012. The School's flagship program is the ''Master of Public Policy'' (MPP), an intensive one-year graduate degree which seeks to prepare students for a career in public service. The School also offers a DPhil in Public Policy (a three-year full-time research degree). Applications are made through University of Oxford's central Graduate Admissions and Funding Office. ...
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Instituto Moreira Salles
Walter Moreira Salles, also Walther Moreira Salles (May 28, 1912 – 2001), was a Brazilian banker, politician and philanthropist, considered as one of the founders of the modern Brazilian banking industry. Career Moreira Salles was born in 1912 in Pouso Alegre, Minas Gerais. He graduated from the Faculty of Law of Largo de São Francisco, University of São Paulo. In 1926 his father, João Moreira Salles, established the Casa Bancária Moreira Salles (Moreira Salles Banking House) in the town of Poços de Caldas, around north-west of Pouso Alegre, and Walter was made an acting partner in 1933 at the age of 21. In 1940, Banco Moreira Salles merged with three regional banks, eventually changing its name to União de Bancos Brasileiros (Unibanco). Moreira Salles implemented a series of successful acquisitions and an emphasis on human resources, helping to make Unibanco one of Brazil's top three banking institutions. In 1991, Moreira Salles retired as chairman of the board after a ...
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Plano Real
The Plano Real ("Real Plan",The word ''real'' in Portuguese could be translated either to ''real'' or ''royal'' in English. The name of the plan comes from the name of the currency which was chosen to give the idea of a stable and credible purchasing power. in English) was a set of measures taken to stabilize the Brazilian economy in 1994, during the presidency of Itamar Franco. Its architects were led by the Minister of Finance and succeeding president Fernando Henrique Cardoso. The Plano Real was based on an analysis of the root causes of hyperinflation in the '' New Republic'' of Brazil, that concluded that there was both an issue of fiscal policy and severe, widespread inertial inflation. The Plano Real intended to stabilize the domestic currency in nominal terms after a string of failed plans to control inflation. Background According to economists, one of the causes of inflation in Brazil was the inertial inflation phenomenon. Prices were adjusted on a daily basis accord ...
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Fernando Henrique Cardoso
Fernando Henrique Cardoso (; born 18 June 1931), also known by his initials FHC (), is a Brazilian sociologist, professor and politician who served as the 34th president of Brazil from 1 January 1995 to 31 December 2002. He was the first Brazilian president to be reelected for a subsequent term. An accomplished scholar of dependency theory noted for his research on slavery and political theory, Cardoso has earned many honors including the Prince of Asturias Award for International Cooperation (2000) and the Kluge Prize from the US Library of Congress (2012). Cardoso was the 10th president of International Sociological Association (1982–1986). Personal and professional life Cardoso descends from wealthy Portuguese immigrants. Some were politicians during the Empire of Brazil. He is also of black African descent, through a black great-great-grandmother and a mulatto great-grandmother. Cardoso described himself as "slightly mulatto" and allegedly said he has "''a foot in the k ...
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