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Roberto Lavagna (born 24 March 1942) is an Argentine
economist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...
and politician who was Minister of Economy and Production from April 27, 2002 until November 28, 2005. Despite the fact that he only garnered 6% of the votes in 2019 presidential election and that he lost allies due to his ties with the government, he seeks to consolidate his alliance with the
Socialist Party Socialist Party is the name of many different political parties around the world. All of these parties claim to uphold some form of socialism, though they may have very different interpretations of what "socialism" means. Statistically, most of th ...
to support the
Federal Consensus Federal Consensus ( es, Consenso Federal, CF) was a electoral coalition in Argentina formed to support the alliance between Roberto Lavagna and Juan Manuel Urtubey in 2019 general election. It is formed by dissidents of the Justicialist Party, ...
in the legislative elections of 2021 and increase its presence in
Congress A congress is a formal meeting of the representatives of different countries, constituent states, organizations, trade unions, political parties, or other groups. The term originated in Late Middle English to denote an encounter (meeting of ...
.


Biography


Early life and career

Lavagna was born in the Saavedra section of
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 Am ...
in 1942. His father, the owner of a linotype printing shop, relocated the family to the western suburb of Morón a few years later, and Lavagna enrolled at the
University of Buenos Aires The University of Buenos Aires ( es, Universidad de Buenos Aires, UBA) is a public research university in Buenos Aires, Argentina. Established in 1821, it is the premier institution of higher learning in the country and one of the most prestigi ...
Faculty of Economic Sciences, where he graduated with a degree in
political economy Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour m ...
in 1967. He then obtained a scholarship to study in Belgium, where he earned a graduate degree in econometrics and economic policy. At the university, he met Claudine Marechal, a student from
Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the ...
whom he married in 1970, and with whom he had three children. Lavagna also holds an
honorary doctorate An honorary degree is an academic degree for which a university (or other degree-awarding institution) has waived all of the usual requirements. It is also known by the Latin phrases ''honoris causa'' ("for the sake of the honour") or ''ad hono ...
from the University of Concepción del Uruguay. Following the election of
Peronist Peronism, also called justicialism,. The Justicialist Party is the main Peronist party in Argentina, it derives its name from the concept of social justice., name=, group= is an Argentine political movement based on the ideas and legacy of ...
candidate Héctor Cámpora in 1973, Lavagna was named National Director of Price Policy in the Commerce Secretariat, and was shortly afterwards named Director of Incomes Policy by the Economy Minister, José Ber Gelbard; as such he helped oversee a key policy initiative of Gelbard's "Social Pact," which sought to involve management in efforts to control inflation while raising stagnant median wages. Gelbard's resignation in November 1974 led to Lavagna's entry into the private sector following a stint at the Ministry of Public Works, becoming a member of the board of directors of La Cantábrica, a since closed Morón steelmaker, until 1976. He also co-founded ''Ecolatina'', a
think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental ...
, in 1975, and was a member of the board of the Institute for Applied Economics and Society (IdEAS), from 1980 to 1990. Lavagna reentered public service as President
Raúl Alfonsín Raúl Ricardo Alfonsín (12 March 1927 – 31 March 2009) was an Argentine lawyer and statesman who served as President of Argentina from 10 December 1983 to 8 July 1989. He was the first democratically elected president after more tha ...
's Secretary of Industry and Foreign Commerce, between 1985 and 1987, during which he helped negotiate the preliminary trade accords with
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 ...
that later led to the establishment of the
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 Argent ...
trade region in 1991. He left the board of Ecolatina in 2000 to accept a post as Ambassador-at-large to international economic conferences, and to the
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been ...
.


Minister of Economy

Lavagna was appointed Minister of Economy by interim President
Eduardo Duhalde Eduardo Alberto Duhalde (; born 5 October 1941) is an Argentine Peronist politician who served as the interim President of Argentina from January 2002 to May 2003. He also served as Vice President and Governor of Buenos Aires in the 1990s. Bor ...
, on April 27, 2002. Taking office at the depth of the
Argentine economic crisis 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, ...
, Lavagna prioritized the planned rescision of the ''
corralito Corralito () was the informal name for the economic measures taken in Argentina at the end of 2001 by Minister of Economy Domingo Cavallo in order to stop a bank run which implicated a limit of cash withdrawals of 250 ARS per week (at that tim ...
'' (withdrawal limits on local bank accounts) over the stabilization of the
Argentine peso The peso (established as the ''peso convertible'') is the currency of Argentina, identified by the symbol $ preceding the amount in the same way as many countries using peso or dollar currencies. It is subdivided into 100 '' centavos''. Its ISO ...
, which had declined by 75% in four months. This put him at odds with the President of the
Central Bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central ba ...
, Mario Blejer, who resigned in June. The peso stabilized, however, as
foreign trade International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy) In most countries, such trade represents a significant ...
surpluses mounted, and confidence returned to the Argentine financial system. The ''corralito'' was phased out between December 2002 and March 2003, the economy began a vigorous recovery, and Lavagna was confirmed in his post by President
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 ...
upon his taking office in May 2003. Lavagna earned further plaudits from his handling the Argentine debt restructuring, launched on January 14, 2005, by which more than 76% of the defaulted
public debt A country's gross government debt (also called public debt, or sovereign debt) is the financial liabilities of the government sector. Changes in government debt over time reflect primarily borrowing due to past government deficits. A deficit o ...
bonds (worth about 93 billion
dollar Dollar is the name of more than 20 currencies. They include the Australian dollar, Brunei dollar, Canadian dollar, Hong Kong dollar, Jamaican dollar, Liberian dollar, Namibian dollar, New Taiwan dollar, New Zealand dollar, Singapore dollar, ...
s) for longer-term debt, with an important reduction in principal. Despite these successes, Lavagna was ousted by President Kirchner on November 28, 2005, after persistent rumors followed by official denials. He was replaced by Felisa Miceli, President of
Banco de la Nación Argentina Banco de la Nación Argentina ( en, Bank of the Argentine Nation) is a national bank in Argentina, and the largest in the country's Banking of Argentina, banking sector. History The Bank of the Argentine Nation was founded on 18 October 1891 by ...
and a former student of Lavagna's. The reasons for the forced resignation of the Minister were not made public, though speculations ranged from the failures in fighting
inflation In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reducti ...
to Lavagna's recent accusations of
cartel A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Mo ...
ization against certain private companies involved in contracts with the government, which were seen as an indirect attack against Julio de Vido, Minister of Public Works and personally close to the President. Meanwhile, Miceli would go on to resign in 2007 over a money scandal, referred to by the press as ''toiletgate''. Lavagna only told the press that the President had decided his removal as part of a common post-
election An election is a formal group decision-making process by which a population chooses an individual or multiple individuals to hold public office. Elections have been the usual mechanism by which modern representative democracy has oper ...
renewal. The next day, José Pampuro, former Minister of Defense, admitted that relations between Kirchner and Lavagna had become "complicated" since the elections, and that the situation was "tense" during the week before Lavagna's removal. Off-the-record sources also indicated that Lavagna's independence clashed with Kirchner's desire to have a homogeneous cabinet.


2007 candidacy and later

Lavagna formed a front, UNA (''Una Nacion Avanzada'', "An Advanced Nation"), to run against the government's candidate,
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 ...
, in the October 2007 presidential elections. Senior members of the
Radical Civic Union The Radical Civic Union ( es, Unión Cívica Radical, UCR) is a centrist and social-liberal political party in Argentina. It has been ideologically heterogeneous, ranging from social liberalism to social democracy. The UCR is a member of the ...
(UCR),
Socialists Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the e ...
and Peronist supporters of former President Duhalde voiced support for a coalition behind Lavagna's candidacy, although this proved controversial in all three parties. His plan for his first 100 days of government was based on improving security and employment and reducing poverty. The UCR endorsed Lavagna in the first election since the party's establishment in 1892 that the UCR ran in a coalition rather than field its own candidate; Gerardo Morales, leader of the UCR, was named Lavagna's running mate (Mrs. Kirchner also had a Radical as her running mate, Mendoza Governor Julio Cobos). Lavagna and UNA came third with over 3 million votes and 17%, behind Fernández and
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 ...
, and won solely in Córdoba Province. Following the 2007 election, Lavagna reached an accord with his former rivals and held talks with Néstor Kirchner over the future of the governing
Justicialist Party The Justicialist Party ( es, Partido Justicialista, ; abbr. PJ) is a major political party in Argentina, and the largest branch within Peronism. Current president Alberto Fernández belongs to the Justicialist Party (and has, since 2021, served ...
(PJ). Lavagna was expected to become a vice-president of the Party, seen as a move to widen the base of the party and strengthen Mrs. Kirchner's government; he subsequently declared however that he would not seek a position on the PJ executive. Lavagna later became an opponent of President Fernández de Kirchner, and in 2013 co-founded ''Unidos Para Cambiar'' ('United for Change') with three leading opponents of
Kirchnerism Kirchnerism ( es, Kirchnerismo ) is an Argentine political movement based on populist ideals formed by the supporters of Néstor Kirchner and his wife Cristina Fernández de Kirchner, who consecutively served as Presidents of Argentina. Althoug ...
within the PJ: Córdoba Governor
José Manuel de la Sota José Manuel de la Sota (28 November 1949 – 15 September 2018) was an Argentine politician who was a member of Justicialist Party. He was the governor of Córdoba Province from 1999 until 2007, and was reelected to the post for the 2011–15 ...
, Dissident CGT labor federation head Hugo Moyano, and Federal Peronist Congressman
Francisco de Narváez Francisco de Narváez Steuer (born 22 September 1953 in Bogotá), known as El Colorado or Pancho, is a Colombian-born naturalized Argentine businessman, politician who ran for governor of Buenos Aires Province on the Unión PRO ballot in the 200 ...
.


See also

*
Economy of Argentina The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina is a developing country with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Ar ...
* Argentine debt restructuring


References


Bibliography

* *


External links


Ministry of Economy and ProductionThe Lavagna platform (2007)
{{DEFAULTSORT:Lavagna, Roberto 1942 births Living people People from Buenos Aires University of Buenos Aires alumni Argentine people of Italian descent Argentine economists Argentine Ministers of Finance Candidates for President of Argentina