Ricardo López Murphy
|Ricardo López Murphy|
|Minister of Economy of Argentina|
March 5, 2001 – March 20, 2001
|President||Fernando de la Rúa|
|Preceded by||José Luis Machinea|
|Succeeded by||Domingo Cavallo|
|Minister of Defense of Argentina|
December 10, 1999 – March 5, 2001
|President||Fernando de la Rúa|
|Preceded by||Jorge Domínguez|
|Succeeded by||Horacio Jaunarena|
August 10, 1951 |
Adrogué, Buenos Aires Province
|Political party||Republican Proposal (2009-present)|
|Radical Civic Union (1983-2002)
Recreate for Growth (2002-2009)
|Alma mater||National University of La Plata
University of Chicago
Ricardo Hipólito López Murphy (born August 10, 1951) is an Argentine economist and politician.
López Murphy was born in Adrogué, Buenos Aires Province. He attended the National University of La Plata, where he was awarded the title of "Licenciado en Economía" (a degree in Economics comprising four years of study) in 1975. He then obtained a Master's degree in Economics from the University of Chicago in 1980. His professional career included being a university professor, a consultant and advisor to companies, international investors and financial institutions in Argentina and Latin America, such as the IMF, the World Bank, the CEPAL, and the IADB. He also was Chief Economist at the FIEL economic think-tank in Argentina.
In 1999, he entered politics when he was appointed Minister of Defense as a member of the Radical Civic Union (UCR). He remained in this position until 2001 when he briefly took the position of Minister of Economy in the government of Argentina. Enjoying little political support from President, Fernando de la Rúa, he was fired within two weeks after a wave of protest over his proposed fiscal austerity project, by which he sought to prevent the 2001 economic crisis but which sharply cut education spending.
He founded a conservative political party, Recreate for Growth (RECREAR), in 2002, and ran for the presidency in the April 2003 elections, finishing third behind Carlos Menem and Néstor Kirchner, with 16.3% of the popular vote. He later teamed with Mauricio Macri in 2005 to create a new center-right coalition called Republican Proposal (PRO), which tacitly supported his unsuccessful second bid to the presidency in the 2007 presidential election. López Murphy did poorly, gaining just 1% of the vote; PRO, however, did somewhat better in provincial and congressional elections, and won the mayoral election in Buenos Aires that year. He left RECREAR in April 2008, citing differences over party list strategy, and in December established Convergencia Federal ("Federal Convergence"). He ran for Mayor of Buenos Aires in 2011 on this ticket, but obtained only 1.4% of the vote.
- Chicago Maroon, 29 April 2003, University alumnus loses bid for Argentine presidency.
- BBC News, 5 March 2001, Argentina: Appointment of Lopez Murphy welcomed
- La Nación (3/20/2001) (Spanish)
- "López Murphy se fue de Recrear y un ministro macrista se quedó con el partido". Clarín.
- "Ciudad de Buenos Aires: Jefe de Gobierno y Vice (2011)". Atlas Electoral de Andy Tow.
- Página/12 (1/9/2005) (Spanish).
- La Nación (9/16/2005) (Spanish)
|Wikimedia Commons has media related to Ricardo López Murphy.|
|Minister of Defense
José Luis Machinea
|Minister of Economy