José Sarney

José Sarney de Araújo Costa (Portuguese pronunciation: [ʒuˈzɛ saʁˈnej dʒi aɾaˈuʒu ˈkɔstɐ]; born José Ribamar Ferreira de Araújo Costa; 24 April 1930) is a Brazilian politician, lawyer, and writer who served as the 31st president of Brazil from 1985 to 1990. He briefly served as the 20th vice president of Brazil for a month between March and April 1985.

Sarney was a member of the Chamber of Deputies from 1955 until 1966 and of the Senate from 1971 until 1985. He was also the Governor of Maranhão from 1966 until 1970. During the Brazilian military dictatorship, Sarney affiliated himself with the government party, ARENA, becoming the president of the party in 1979. Sarney joined the dissenters, and was instrumental in the creation of the Liberal Front Party. Sarney ran for Vice-President on the ticket of Tancredo Neves of PMDB, formerly the opposition party to the military government. Neves won the presidential election, but died before taking office, and Sarney became president.

During his presidency, Sarney implemented ambitious plans to try to reverse the severe inflation inherited from João Figueiredo's government. Together with Finance Minister Dilson Funaro, he launched the Cruzado Plan and Cruzado II, which froze prices in an attempt to curb rising inflation. Even though both plans failed, Sarney made further attempts to freeze prices through the Bresser Plan and the Summer Plan, which also proved ineffective. In foreign policy, he signed the Iguaçu Declaration, which initiated the project for the creation of Mercosur. Additionally, during his administration, diplomatic relations between Brazil and Cuba — which had been suspended since the beginning of the military dictatorship — were restored. Sarney also convened the 1987 National Constituent Assembly, which drafted the 1988 Brazilian Constitution, replacing the 1967 authoritarian constitution. Overall, Sarney started out his term with great popularity, but public opinion shifted with the Brazilian debt crisis and the failure of Plano Cruzado to abate chronic inflation. His government is seen today as disastrous and clientelism was widespread having longlasting consequences for the Brazilian Republic post military dictatorship.