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Miguel Gustavo Peirano (born 1 October 1966) is an
Argentine Argentines (mistakenly translated Argentineans in the past; in Spanish (masculine) or (feminine)) are people identified with the country of Argentina. This connection may be residential, legal, historical or cultural. For most Argentines, s ...
economist and former Minister of Economy and Production of Argentina. He was appointed by
President President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ful ...
Néstor Kirchner Néstor Carlos Kirchner (; 25 February 195027 October 2010) was an Argentine lawyer and politician who served as the President of Argentina from 2003 to 2007, Governor of Santa Cruz Province from 1991 to 2003, Secretary General of UNASUR and ...
on July 17, 2007, in place of Felisa Miceli.


Biography

Peirano was born in
Buenos Aires Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South ...
. He graduated from the
University of Buenos Aires The University of Buenos Aires ( es, Universidad de Buenos Aires, UBA) is a public university, public research university in Buenos Aires, Argentina. Established in 1821, it is the premier institution of higher learning in the country and one o ...
with a degree in
Economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...
, and began his career in 1989 as a
market risk Market risk is the risk of losses in positions arising from movements in market variables like prices and volatility. There is no unique classification as each classification may refer to different aspects of market risk. Nevertheless, the most ...
analyst at the ''Banco Sudameris''. Peirano has worked both in the public and the private sector. Between 1990 and 1992 he worked in the multinational
Techint Techint is an Argentine conglomerate founded in Milan in 1945 by Italian industrialist Agostino Rocca and headquartered in Milan (Italy) and Buenos Aires (Argentina). As of 2019 the Techint Group is composed of six main companies in the followin ...
group. He later taught Economics at the
Colegio Nacional de Buenos Aires Colegio Nacional de Buenos Aires (''National School of Buenos Aires'') is a public high school in Buenos Aires, Argentina, affiliated to the University of Buenos Aires. In the tradition of the European ''gymnasium'' it provides a free education ...
, and served as adviser for the City of Buenos Aires General Directorate of Industry, for the Board of the
Bank of the Province of Buenos Aires The Bank of the Province of Buenos Aires ( es, Banco de la Provincia de Buenos Aires), better known as Banco Provincia, is a publicly owned bank in Argentina and the second-largest in the country by value of assets and deposits. History The prog ...
, and as president of the Economics department of the Buenos Aires chapter of the Argentine Industrial Union (UIA), the nation's leading manufacturing lobby; Peirano occupied various posts in the UIA itself from 1993 to 2004. Between 2003 and 2004 he was an adviser for the Subsecretariat for Small and Medium Enterprise and Regional Development, where he specialized in the resolution of the economic asymmetries between Argentina and
Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
in the context of
Mercosur The Southern Common Market, commonly known by Spanish abbreviation Mercosur, and Portuguese Mercosul, is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994. Its full members are Argentina ...
. Before taking the post of Minister of Economy, he had been the senior vice president of the Bank of Investment and Foreign Trade (BICE), as well as the Secretary of Industry, Commerce and
Small and Medium Enterprises Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank ...
. Politically, Peirano supported a
social market economy The social market economy (SOME; german: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, is a socioeconomic model combining a free-market capitalist economic system alon ...
approach. He was considered personally close to former President Kirchner, and kept an amicable relationship with both Chief of Cabinet
Alberto Fernández Alberto Ángel Fernández (; born 2 April 1959) is an Argentine politician, lawyer and professor, serving as president of Argentina since 2019. Born in Buenos Aires, Fernández attended the University of Buenos Aires, where he earned his law ...
and Minister of Federal Planning
Julio de Vido Julio Miguel de Vido (born December 26, 1949) is an Argentine politician who was Minister of Planning and Public Investment between 2003 and 2015. Biography De Vido was born in the City of Buenos Aires in 1949. Enrolling at the University of Bue ...
, as well as with
Martín Redrado Hernán Martín Pérez Redrado (born September 10, 1961) is an Argentine economist. He served as President of the Central Bank between 2004 and 2010. Early life and career Born Hernán Martín Pérez Redrado in Buenos Aires in 1961, he enrolled ...
, head of the
Central Bank of Argentina The Central Bank of the Argentine Republic ( es, Banco Central de la República Argentina, BCRA) is the central bank of Argentina, being an autarchic entity. Article 3 of the Organic Charter lists the objectives of this Institution: “The bank ...
.''Página/12'', 17 July 2007
Buscar consensos es su premisa
Professionally, he was linked to
ARI Ari may refer to: People and fictional characters * Ari (name), a name in various languages, including a list of people and fictional characters * Rabbi Isaac Luria (1534–1572), Jewish rabbinical scholar and mystic known also as Ari * Ari (foot ...
economist Rubén Lo Vuolo, and was known to be in cordial terms with the leader of the opposition party ARI at the time,
Elisa Carrió Elisa María Avelina "Lilita" Carrió (born 26 December 1956) is an Argentine lawyer, professor, and politician. She is the leader of Civic Coalition ARI, one of the founders of Cambiemos, and was National Deputy for Chaco Province and Buenos Ai ...
.''Clarín'', 11 December 2007
''Clarín'': En una jura distinta asumió el nuevo Gabinete
The change from Miceli to Peirano was generally considered uneventful in the context of the broader Argentine economic programme. Peirano's appointment was especially supported by the industrial sector. The former minister expressed strong support for several of the key ideas of the government's economic plan, including the encouragement of industrial exports and
import substitution Import substitution industrialization (ISI) is a trade and economic policy that advocates replacing foreign imports with domestic production.''A Comprehensive Dictionary of Economics'' p.88, ed. Nelson Brian 2009. It is based on the premise that ...
through a relatively undervalued
exchange rate In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of ...
sustained by frequent U.S. dollar purchases by the Central Bank. On 10 December 2007, with the inauguration of President
Cristina Fernández de Kirchner Cristina Elisabet Fernández de Kirchner (; born 19 February 1953), often referred to by her initials CFK, is an Argentine lawyer and politician who has served as the Vice President of Argentina since 2019. She also served as the President ...
's
cabinet Cabinet or The Cabinet may refer to: Furniture * Cabinetry, a box-shaped piece of furniture with doors and/or drawers * Display cabinet, a piece of furniture with one or more transparent glass sheets or transparent polycarbonate sheets * Filing ...
,
Martín Lousteau Martín Lousteau (born 8 December 1970) is an Argentine economist and politician of the Radical Civic Union. He is National Senator for Buenos Aires. He was Minister of Economy under the administration of Cristina Fernández de Kirchner, from D ...
succeeded Peirano as Minister of Economy. He was appointed president of BICE following the end of his tenure, but ongoing disputes with the powerful Commerce Secretary,
Guillermo Moreno Guillermo Moreno (b. Buenos Aires, October 15, 1955) is an Argentine politician. He served from 2005 to 2013 as Secretary of Domestic Trade, a position to which he was appointed by President Néstor Kirchner and in which he remained under the p ...
, led to Peirano's resignation in July 2009. He later expressed his opposition to the
foreign exchange controls Foreign exchange controls are various forms of controls imposed by a government on the purchase/sale of foreign currencies by residents, on the purchase/sale of local currency by nonresidents, or the transfers of any currency across national bor ...
implemented in 2012, and while Peirano remained broadly supportive of
economic interventionism Economic interventionism, sometimes also called state interventionism, is an economic policy position favouring government intervention in the market process with the intention of correcting market failures and promoting the general welfare of ...
he believed this policy had gone to far and had become counterproductive.


References

{{DEFAULTSORT:Peirano, Miguel Gustavo 1966 births Living people People from Buenos Aires University of Buenos Aires alumni Argentine Ministers of Finance