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{{Short description|Argentine economist}}
{{Infobox Officeholder
{{BLP sources|date=August 2022}}
{{Infobox officeholder
|name = Roque Fernández
|name = Roque Fernández
|image = Roque Benjamín Fernández.jpg
|image = Roque Benjamín Fernández.jpg
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|term_end2 = August 4, 1996
|term_end2 = August 4, 1996
|predecessor2 = [[Javier González Fraga]]
|predecessor2 = [[Javier González Fraga]]
|successor2 = [[Pedro Pou]]
|successor2 = [[:es:Pedro Pou|Pedro Pou]]
|birth_date = {{birth date and age|1947|4|30}}
|birth_date = {{birth date and age|1947|4|30}}
|birth_place = [[Córdoba, Argentina]]
|birth_place = [[Córdoba, Argentina]]
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}}
}}


'''Roque Benjamín Fernández''' (born April 30, 1947) is an Argentine economist, former president of the [[Central Bank of Argentina|Central Bank]], and [[Minister of Economy (Argentina)|Minister of Economy]] and the only member of the [[Chicago Boys]] ever to have been the chief economic policy maker in [[Argentina]].
'''Roque Benjamín Fernández''' (born April 30, 1947){{cn|date=March 2024}} is an Argentine economist, former [[Central Bank of Argentina|President of the Central Bank]]{{cn|date=March 2024}} and [[Minister of Economy (Argentina)|Minister of Economy]],<ref>https://www.imf.org/external/am/1999/icstate/arg.htm</ref> and the only member of the [[Chicago Boys]] ever to have been the chief [[economic policy]] maker in [[Argentina]].

He takes part in Javier Milei's presidential campaign in 2023.


==Early years==
==Early years==
Line 30: Line 34:


==Academics==
==Academics==
Since its foundation in 1978, he has been a member of the board of directors and faculty of the [[Universidad del CEMA]], where he taught monetary theory.
Since its foundation in 1978, he has been a member of the Board of Directors and Faculty of the [[Universidad del CEMA]], where he taught [[monetary theory]].


==Central Bank==
==Central Bank==
Fernández was appointed president of the [[Central Bank of Argentina]] on February 5, 1991, by recommendation of the new Economy Minister, [[Domingo Cavallo]].
Fernández was appointed president of the [[Central Bank of Argentina]] on February 5, 1991, by recommendation of the new Economy Minister, [[Domingo Cavallo]].


As such, he was instrumental in managing the [[Argentine Currency Board]] that served as a guarantor of Cavallo's Convertibility Plan in its early years, and which helped maintain a 1:1 parity between the [[Argentine peso]] and the [[US dollar]].
As such, he was instrumental in managing the [[Argentine Currency Board]] that served as a guarantor of Cavallo's Convertibility Plan in its early years, and which helped maintain a 1:1 parity between the [[Argentine peso]] and the [[US dollar]].


He remained at the post until August 4, 1996, when President [[Carlos Menem]] removed Cavallo following a political dispute, and Fernández became [[Minister of Economy of Argentina|Minister of Economy]] on August 6, 1996, serving in that capacity until Menem's retirement on December 10, 1999.
He remained at the post until August 4, 1996, when President [[Carlos Menem]] removed Cavallo following a political dispute, and Fernández became [[Minister of Economy of Argentina|Minister of Economy]] on August 6, 1996, serving in that capacity until Menem's retirement on December 10, 1999.


==Minister of Economy==
==Minister of Economy==
During his tenure, Fernández earned plaudits for helping maintain a steady exchange rate and zero inflation, and doing so despite repeated international shocks, such as the [[1994 economic crisis in Mexico|Mexican]], [[1997 Asian financial crisis|Asian]], and [[1998 Russian financial crisis|Russian]] financial crises.
During his tenure, Fernández earned plaudits for helping maintain a steady [[exchange rate]] and [[zero inflation]], and doing so despite repeated [[shock (economics)|international shocks]], such as the [[1994 economic crisis in Mexico|Mexican]], [[1997 Asian financial crisis|Asian]], and [[1998 Russian financial crisis|Russian]] financial crises.


==Return to academics==
==Return to academics==
Fernández is currently professor of [[macroeconomic analysis]] (graduate) and [[macroeconomics]] I (undergraduate) at [[University of CEMA]]. He was also visiting professor in the [[University of Southern California]], [[Florida International University]], [[University of Chile]], [[Pontifical Catholic University of Chile]], and has worked as a consultant and economist for the [[World Bank]] and the [[International Monetary Fund]].
Fernández is currently professor of [[macroeconomic analysis]] (graduate) and [[macroeconomics]] I (undergraduate) at [[University of CEMA]]. He was also visiting professor in the [[University of Southern California]], [[Florida International University]], [[University of Chile]], [[Pontifical Catholic University of Chile]], and has worked as a consultant and economist for the [[World Bank]] and the [[International Monetary Fund]].


His major areas of interest are banks, financial systems in developing nations, fiscal and monetary policy, exchange rate policy, balance of payments and financial crisis.
His major areas of interest are banks, financial systems in developing nations, fiscal and monetary policy, exchange rate policy, balance of payments and financial crisis.


As a researcher, he is author of several books and publications, including articles in the ''[[American Economic Review]]'' and ''[[Journal of Political Economy]]''. He is a member of the [http://www.anceargentina.org Academia Nacional de Ciencias Economicas.]
As a researcher, he is author of several books and publications, including articles in the ''[[American Economic Review]]'' and ''[[Journal of Political Economy]]''. He is a member of the Academia Nacional de Ciencias Economicas.


==See also==
==See also==
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* [http://ideas.repec.org/e/pfe92.html Roque Fernández at IDEAS]
* [http://ideas.repec.org/e/pfe92.html Roque Fernández at IDEAS]
* [http://www.fortuna.uol.com.ar/edicion_0182/nota_tapa/nota_tapa.htm Roque Fernández in Fortuna Magazine]
* [http://www.fortuna.uol.com.ar/edicion_0182/nota_tapa/nota_tapa.htm Roque Fernández in Fortuna Magazine]
* {{C-SPAN|roquefernandez}}
* {{C-SPAN|57262}}


{{s-start}}
{{s-start}}
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[[Category:People from Córdoba, Argentina]]
[[Category:People from Córdoba, Argentina]]
[[Category:Argentine people of Spanish descent]]
[[Category:Argentine people of Spanish descent]]
[[Category:Presidents of the Argentine Central Bank]]
[[Category:Presidents of the Central Bank of Argentina]]
[[Category:Argentine Ministers of Finance]]
[[Category:Ministers of economy of Argentina]]
[[Category:National University of Córdoba alumni]]
[[Category:National University of Córdoba alumni]]
[[Category:University of Chicago alumni]]
[[Category:University of Chicago alumni]]

Latest revision as of 10:21, 9 April 2024

Roque Fernández
Minister of Economy of Argentina
In office
August 6, 1996 – December 10, 1999
Preceded byDomingo Cavallo
Succeeded byJosé Luis Machinea
President of the Central Bank of Argentina
In office
February 5, 1991 – August 4, 1996
Preceded byJavier González Fraga
Succeeded byPedro Pou
Personal details
Born (1947-04-30) April 30, 1947 (age 77)
Córdoba, Argentina
Alma materNational University of Córdoba
University of Chicago
Signature

Roque Benjamín Fernández (born April 30, 1947)[citation needed] is an Argentine economist, former President of the Central Bank[citation needed] and Minister of Economy,[1] and the only member of the Chicago Boys ever to have been the chief economic policy maker in Argentina.

He takes part in Javier Milei's presidential campaign in 2023.

Early years[edit]

Fernández was born in Córdoba, Argentina, and holds a CPA from the National University of Córdoba and a PhD in economics from the same university. In 1973 he obtained a scholarship from the Ford Foundation and went on to earn a PhD in economics from the University of Chicago in 1975.

Academics[edit]

Since its foundation in 1978, he has been a member of the Board of Directors and Faculty of the Universidad del CEMA, where he taught monetary theory.

Central Bank[edit]

Fernández was appointed president of the Central Bank of Argentina on February 5, 1991, by recommendation of the new Economy Minister, Domingo Cavallo.

As such, he was instrumental in managing the Argentine Currency Board that served as a guarantor of Cavallo's Convertibility Plan in its early years, and which helped maintain a 1:1 parity between the Argentine peso and the US dollar.

He remained at the post until August 4, 1996, when President Carlos Menem removed Cavallo following a political dispute, and Fernández became Minister of Economy on August 6, 1996, serving in that capacity until Menem's retirement on December 10, 1999.

Minister of Economy[edit]

During his tenure, Fernández earned plaudits for helping maintain a steady exchange rate and zero inflation, and doing so despite repeated international shocks, such as the Mexican, Asian, and Russian financial crises.

Return to academics[edit]

Fernández is currently professor of macroeconomic analysis (graduate) and macroeconomics I (undergraduate) at University of CEMA. He was also visiting professor in the University of Southern California, Florida International University, University of Chile, Pontifical Catholic University of Chile, and has worked as a consultant and economist for the World Bank and the International Monetary Fund.

His major areas of interest are banks, financial systems in developing nations, fiscal and monetary policy, exchange rate policy, balance of payments and financial crisis.

As a researcher, he is author of several books and publications, including articles in the American Economic Review and Journal of Political Economy. He is a member of the Academia Nacional de Ciencias Economicas.

See also[edit]

References[edit]

External links[edit]

Preceded by President of the Central Bank of Argentina
1991–1996
Succeeded by
Preceded by Minister of Economy
1996–1999
Succeeded by