Emilio Mondelli
Emilio Mondelli (* 1914 in Lincoln , Buenos Aires Province ; † 1993 in Buenos Aires ) was an Argentine economic manager and politician who was, among other things, President of the Argentine Central Bank and, between 1975 and 1976, the last Minister of Economics in the government of President Isabel Martínez de Perón .
Life
Mondelli initially worked as a manager and entrepreneur in the private sector and was appointed to the board of directors of the Central Bank in June 1975 through Ricardo Zinn , the deputy minister responsible for programs and economic coordination and deputy to economics minister Celestino Rodrigo . Just one month later, in July 1975, he succeeded Ricardo Cairoli as President of the central bank BCRA (Banco Central de la República Argentina) and held this position until he was replaced by Eduardo Zalduendo in 1976.
In early February 1976, the pressure grew many economic organizations such as the Federation of Enterprises (Unión Industrial Argentina) , Agricultural Society (Sociedad Rural Argentina) , Agricultural Cooperative (Confederaciones Rurales Argentinas) , Chamber of Commerce (Cámara Argentina de Comercio) and Construction Chamber (Cámara Argentina de la Construcción) on the government of President Isabel Martínez de Perón because of economic policy and the reform plans presented by the Minister for Economic Affairs, Antonio Cafiero .
The President then dismissed Minister of Economic Affairs Cafiero on February 4, 1976 and replaced him with Mondelli. Shortly afterwards, the latter put forward an economic emergency plan (Plan de Emergencia Económica) , which included stopping the rise in wages and prices that had begun in mid-1975 as a result of the reforms of Economics Minister Rodrigo.
As one of his first official acts, he ordered a devaluation of the peso by 22 percent, a wage increase of 12 percent and other fees by 100 percent as well as price caps for bread, pasta, cheese and other staple foods. The announcement of this Mondelli plan, however, led to massive protests by the umbrella organization of the trade unions CGT (Confederación General del Trabajo de los Argentinos) and the 62 individual unions, which had previously supported the Peronist government, but have now returned to the politics of Economics Minister Rodrigo feared.
The talks planned by President Perón and Economics Minister Mondelli with the major employers' associations did not take place, however, as warning strikes by major unions such as the mechanics and transport workers' union SMATA (Sindicato de Mecánicos y Afines del Transporte Automotor) , the metal workers' union UOM (Unión Obrera Metalúrgica ) had already taken place across the country ) as well as the textile workers union. These ultimately contributed to the protests against the government, which ultimately led to the military coup of March 24, 1976 and the subsequent seven-year military dictatorship .
After the military coup, Mondelli withdrew from political life.
Web links
Individual evidence
- ^ Argentine Ministries
- ↑ Exabruptos, confidencias y revelaciones (XIV) (El Jinete Insomne)
- ^ Klaus Friedrich Veigel: Dictatorship, Democracy, and Globalization: Argentina and the Cost of Paralysis, 1973-2001 , 2009, ISBN 0-27104-805-0 , p. 42 ff.
- ↑ James P. Brennan, Marcelo Rougier: The Politics of National Capitalism: Peronism and the Argentine Bourgeoisie 1946–1976 , 2009, ISBN 0-27103-571-4 , p. 172
- ↑ Federico Marongiu: Shock policies in the agony of the Peronist state: the Rodrigazo and the Mondelliazo , Munich Personal RePEc Archive (MPRA), July 2006.
- ^ "La Economía Argentina Vive el Apocalipsis y Está al Borde de la Quiebra", Aseguró el Ministro Emilio Mondelli in: EXCELSIOR of March 7, 1976
- ^ Emergencia Económico en Argentina . In: El Sol de Mexico of March 6, 1976
| personal data | |
|---|---|
| SURNAME | Mondelli, Emilio |
| BRIEF DESCRIPTION | Argentine business manager and politician |
| DATE OF BIRTH | 1914 |
| PLACE OF BIRTH | Lincoln , Buenos Aires Province |
| DATE OF DEATH | 1993 |
| Place of death | Buenos Aires |