Arnulfo Arias Madrid was the brother of former President Harmodio Arias Madrid . He began to be politically active from the mid-1920s and also took part in the 1931 revolution. He was the founder of the party that brought his brother to power in 1932. He served as minister for public relations and 1935/1936 as minister of agriculture . In the following years he was Panamanian ambassador to France and Great Britain .
During his first term in office, he introduced compulsory social security and women's suffrage in his country . He also advocated a more liberal penal system and facilitated foreign investment. By issuing Balboa banknotes instead of dollar notes from October 2, 1941, he attempted to reduce his country's financial dependence on the United States and to gain fiscal leeway. As a result, just a week later, on October 9, 1941, he was overthrown by a US-backed military coup.
In January 2012, 23 years after his death, Arnulfo Arias Madrid received a state funeral and was solemnly buried in his native Penonomé.
Terms of office
- October 1, 1940 to October 9, 1941
- November 24, 1949 to May 9, 1951
- October 1 to October 11, 1968
All three terms were ended by military coups.
- Arnulfo Arias Madrid , in: Internationales Biographisches Archiv 40/1988 of September 26, 1988, in the Munzinger archive ( beginning of article freely available)
- Holger M. Meding: Panama. State and Nation in Transition (1903–1941) . Böhlau, Cologne 2002, ISBN 3-412-02702-2 , p. 193.
- Panamá homenajeó a Arnulfo Arias Madrid ( La Estrella , January 8, 2012)
|ALTERNATIVE NAMES||Arias Madrid, Arnulfo (full name)|
|BRIEF DESCRIPTION||Panamanian politician, President of Panama|
|DATE OF BIRTH||August 15, 1901|
|PLACE OF BIRTH||Penonomé , formerly Colombia , now Panama|
|DATE OF DEATH||August 10, 1988|
|Place of death||Miami , Florida|