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.
Jorge Remes Lenicov | |
|---|---|
 | |
| Minister of Economy of Argentina | |
| In office January 3, 2002[1] – April 27, 2002[1] | |
| President | Eduardo Duhalde (Acting) |
| Preceded by | Rodolfo Frigeri |
| Succeeded by | Roberto Lavagna |
| Personal details | |
| Born | 1948 (age 75–76) La Plata, Argentina |
| Political party | Justicialist Party |
| Alma mater | National University of La Plata |
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
edit- ^ a b "Argentine Ministers". rulers.org.
- ^ "Devaluation under Duhalde". EL PAIS. 3 January 2002.
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