Jorge Remes Lenicov

Jorge Remes Lenicov
Minister of Economy of Argentina
In office
January 3, 2002[1] – April 27, 2002[1]
PresidentEduardo Duhalde (Acting)
Preceded byRodolfo Frigeri
Succeeded byRoberto Lavagna
Personal details
Born1948 (age 75–76)
La Plata, Argentina
Political partyJusticialist Party
Alma materNational University of La Plata

Jorge Remes Lenicov (born 1948) is an Argentine peronist economist and politician who served as Minister of Economy and Production from January 3 till April 27, 2002 under Acting President Eduardo Duhalde.

His short term during the 1998–2002 Argentine great depression was unpopular. Remes Lenicov decided on an extreme freezing of the bank deposits, which was then coupled with the so-called pesificación ("peso-ification", a forced conversion of all U.S. dollar-denominated savings accounts into pesos at an arbitrary fixed exchange rate, considered by many constitutionalists to violate the fundamental right to private property), and a regulated devaluation. The fixed exchange rate system was abandoned soon afterwards, which was followed by a large depreciation and inflation.[2]

Afterwards Remes Lenicov served as Argentine ambassador to the European Union till 2011.

References

  1. ^ a b "Argentine Ministers". rulers.org.
  2. ^ "Devaluation under Duhalde". EL PAIS. 3 January 2002.


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