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Luiz Carlos Bresser-Pereira

Luiz Carlos Bresser-Pereira is an economist and social scientist. He is emeritus professor at Getulio Vargas Foundation; edits the Brazilian Journal of Political Economy since 1981; offers regularly a one month course at the École de Hautes Études en Sciences Sociales; and writes every two weeks a column for Folha de S. Paulo. From 1963 to 1982, while keeping his academic activities, he was vice-president of the large retailing company, Pão de Açúcar. In 1983, with the election of the first democratic governor to São Paulo, Franco Montoro, he became president of the state bank of São Paulo, and two years later, chief of staff of the governor. In April 1987, in the aftermath of the Cruzado Plan crisis, he became Finance Minister of Brazil: he was able to reestablish economic order, but, given the lack of political condi- tions for the required fiscal adjustment, he resigned from the ministry at the end of that year. His proposal for solving the debt crisis through securitization of the debt with a discount was 18 months later adopted by the Brady Plan.

In 1995 he was invited to become Minister of Federal Administration and Reform of the State, in the first Fernando Henrique Cardoso admi- nistration. In this capacity he introduced the 1995 Public Management Reform, which is today recognized internationally. In 1999 he was, for six months, Minister of Science and Technology. He is member of the boards of several non-profit organizations. Since July 1999 he has been fully dedicated to the academic life at Getulio Vargas Foundation, where he teaches economics and political theory, and orients PhD candidates. He was visiting professor giving regular graduate courses on development economics at the University of Paris I (1978), and on political theory of modern democracy at USP’s

Department of Political Science (2002-2003). He was also visiting fellow at USP’s Institute of Advanced Studies (1989) and at Oxford University’s Nuffield College (1999) and St. Anthony’s College (2001).