Pérsio Arida
Encyclopedia
Pérsio Arida is a Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

ian economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

.

In the 1970s, he was a part of the student activist movement in Brazil, being arrested and tortured.

He has studies from the University of São Paulo
University of São Paulo
Universidade de São Paulo is a public university in the Brazilian state of São Paulo. It is the largest Brazilian university and one of the country's most prestigious...

 and the Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...

.

He has served the Brazilian government, by taking part in crafting the Plano Real
Plano Real
The Plano Real was a set of measures taken to stabilize the Brazilian economy in early 1994, under the direction of Fernando Henrique Cardoso as the Minister of Finance, during the presidency of Itamar Franco....

; more specifically, he was one of the creators of the Unidade Real de Valor
Unidade Real de Valor
The Unidade Real de Valor, or URV , was a non-monetary reference currency created in March 1994, as part of the Plano Real in Brazil...

, 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
Central Bank of Brazil
The Central Bank of Brazil is Brazil's monetary authority. It was established on December 31, 1964.The Central Bank is linked with the Ministry of Finance. Like other central banks, the Brazilian central bank is the principal monetary authority of the country...

.

He is also currently working in the Executive Council of the Instituto Moreira Salles
Instituto Moreira Salles
The Instituto Moreira Salles is a non-profit organization founded by Walter Moreira Salles in 1990 and managed by the Moreira Salles family...

.
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