- Pedro Aspe
Pedro Carlos Aspe Armella (b.
July 7 ,1950 inMexico City ) is aMexican economist. He served as secretary of finance (1988 – 1994) in the cabinet ofCarlos Salinas de Gortari , where he successfully renegotiated foreign debt, gave autonomy to the central bank and promoted a controversial privatization plan.Aspe Armella is the son of Pedro Aspe Sais, former director of "El Palacio de Hierro", and Virginia Armella Maza. His great-grandfather was a federal legislator in the early years of the 20th century and his grandfather coordinated the Mexican diplomatic service in the
Álvaro Obregón administration.He undertook his basic studies at private schools managed by the
Society of Jesus and received a bachelor's degree in economics from theITAM and a doctorate in economics from theMassachusetts Institute of Technology . He is also a member of theInstitutional Revolutionary Party (PRI) since 1980 and has been awarded the Order of the Phoenix by the government ofGreece (1986).Before joining the cabinet of President Salinas, Aspe Armella chaired the department of economics at the ITAM; served as the founding president of the
National Institute of Statistics, Geography and Informatics (INEGI, 1982 – 1985); worked as undersecretary of planning (1985 – 1987) and headed the Budget and Planning Secretariat in the cabinet ofMiguel de la Madrid .He has also authored "The Analysis of Household Composition and Economics of Scale in Consumption" (1976), "L'impresa nell economia aperta in presenza di incertezza" (1978) and "Financial Policies and the World Capital Market: The Problem of Latin American Countries" (1983).
Aspe is married to Concepción Bernal Verea and has two daughters and two sons. He is the current CEO of "
Protego , S.A.", a consulting company based in Mexico City with offices inMonterrey , and a member of the board of theAmerican International Group (AIG),McGraw-Hill and its subsidiaryStandard & Poor's .Sources:
*"Diccionario biográfico del gobierno mexicano", Ed. Fondo de Cultura Económica, Mexico, 1992.
*"Revista Líderes Mexicanos", March 29, 2004.External links
* [http://edcorner.stanford.edu/authorMaterialInfo.html?author=265 Pedro speaks at Stanford University]
* [http://www.lideresmexicanos.com/articulos.php?id_sec=4&id_art=111&id_ejemplar= Revista Líderes Mexicanos: Interview with Pedro Aspe Armella] (in Spanish).
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