Economist José Luis Machinea Assumes as ECLAC Executive Secretary
An Argentine, he replaces José Antonio Ocampo, who headed this international body until August 2003.
(09 December 2003) As of tomorrow, 10 December, José Luis Machinea will officially take charge as the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), a United Nations body responsible for promoting the region's economic and social development. Its headquarters is located in Santiago, Chile.
The Argentine-born economist, who was appointed last 30 October directly by the UN Secretary-General, Kofi Annan, replaces José Antonio Ocampo, who headed ECLAC until late August. Ocampo assumed his new post as the UN's Under-Secretary-General for Economic and Social Affairs on 1 September 2003.
José Luis Machinea was Argentine Minister of the Economy from December 1999 to February 2001. He has had a long and distinguished career in both the public and private sectors. In the 1990s, as well as being a consultant to the Inter-American Development Bank (IDB) and the World Bank, he was President of the Argentine Foundation for Development with Equity (Fundación Argentina para el Desarrollo con Equidad, FADE, 1998-1999), a research body specializing in economic and social issues in Argentina. He was also the Director of Research of the Industrial Development Institute of the Argentine Industrial Union (1992-1997). Moreover he has been a consultant to private companies on macroeconomic, monetary and financial affairs.
During the 1980s, Machinea held different governmental posts for more than five years, serving as President of the Central Bank of Argentina, Under-Secretary of Political Economy and Under-Secretary of Planning. Previously he managed the Public Financing Department and the Central Bank's Research Department.
Machinea holds a doctorate in economics from the University of Minnesota (United States) and has authored numerous articles in specialized periodicals and books on macroeconomics, financial and monetary subjects. He has also been a frequent lecturer on macroeconomic and financial subjects at round-tables, seminars and panels in the United States and Latin America. He has taught macroeconomics, monetary and banking policy as part of several university programmes and has been professor of macroeconomics at Argentina's Catholic University.
For more information, please contact ECLAC Information Services, Santiago, Chile. E-mail: dpisantiagoeclac.cl; Tel: (56-2) 210-2380/2149; Fax: (56-2) 228-1947.