Jamil Mahuad
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| Jamil Mahuad | |
|---|---|
| President of Ecuador | |
| In office 10 August 1998 – 21 January 2000 |
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| Vice President | Gustavo Noboa |
| Preceded by | Fabián Alarcón |
| Succeeded by | Gustavo Noboa |
| Personal details | |
| Born | July 29, 1949 Loja, Ecuador |
| Political party | Democracia popular |
Jorge Jamil Mahuad Witt (born July 29, 1949) is an Ecuadorian lawyer and politician and the 51st President of Ecuador from August 10, 1998 to January 21, 2000. There was a severe economic crisis in Ecuador (including the 1998–99 Ecuador banking crisis), which had led to a 60% cut in the armed forces budget. Mahuad's popularity rating had fallen from 60% in October 1998 to 6% in January 2000. In the final days of 1999, Mahuad announced the dollarization of the economy of Ecuador, along with a number of International Monetary Fund measures.
He was forced to resign after a week of demonstrations by indigenous Ecuadorians and a military revolt led by Lucio Gutiérrez. He is of Arab and German descent.[1] Before his election as president, he served as Mayor of Quito from 1992 to 1998.
He proposed economic reforms that produced the "dollarization" of the economy. He declared a freeze in bank accounts in order to control rampant inflation.
Mahuad attended Harvard University's John F. Kennedy School of Government, and received a Master of Public Administration. He lectures in ethics and politics at several universities. Mahuad is a Fellow at the Center for Public Leadership at the Kennedy School of Government.
During his presidency, a historical peace agreement with Peru was signed, resolving long-standing border disputes. Under the agreement, Ecuador renounced its claims to sovereignty of the disputed territory under the Rio de Janeiro Protocol; Peru deeded ownership of one km² of territory to Ecuador.
[edit] References
[edit] External links
- Extended biography (in Spanish) by CIDOB Foundation
- Text of the Rio Protocol
- Mahuad and Fujimori
- James Carville's realeationship with Mahaud and the effect and consequences of the conversion to the dollar from the peso
| Preceded by Fabián Alarcón |
President of Ecuador 1998-2000 |
Succeeded by Gustavo Noboa |
| This article about an Ecuadorian politician is a stub. You can help Wikipedia by expanding it. |