Gustavo Petricioli | |
---|---|
Secretary of Finance (Mexico) | |
In office 1986 – 1988[1] |
|
President | Miguel de la Madrid |
Preceded by | Jesús Silva Herzog |
Succeeded by | Pedro Aspe |
Mexican Ambassador to the United States | |
In office 17 January 1989 – 15 January 1993[2] |
|
President | Carlos Salinas de Gortari |
Preceded by | Jorge Espinosa de los Reyes [2] |
Succeeded by | Jorge Montano [2] |
Personal details | |
Born | 19 August 1928[1] Mexico City, Mexico |
Died | 10 October 1998[3] Mexico City, Mexico |
(aged 70)
Political party | Revolutionary Institutional Party (PRI) [4] |
Alma mater | ITAM, Yale University |
Profession | Economist |
Gustavo Petricioli Iturbide (19 August 1928 – 10 October 1998) was a Mexican economist who served as Secretary of Finance (1986–88) in the last cabinet of Miguel de la Madrid and as Mexican ambassador to the United States (January 1989 – 93).[3]
Petricioli was the son of Carlos Petricioli Alarcón and Ada Iturbide Preciat.[4] He received a high school diploma from the Monterrey Institute of Technology, a bachelor's degree in Economics from the ITAM (1952) and a master's degree in the same discipline from Yale University (1958).[1] He lectured on Monetary Theory at both ITAM and the National Autonomous University of Mexico (UNAM), and joined the Revolutionary Institutional Party (PRI) in 1952.[4]
Before joining the federal cabinet Petricioli served as Undersecretary of Finance (1970–74), as Deputy Director of the Bank of Mexico (1975-76), and as Director-General of Nacional Financiera (1982–86).[1] As Secretary of Finance, he co-authored the Pact for Stability and Economic Growth (in Spanish: Pacto para la estabilidad y el crecimiento económico), a national strategy to control the fiscal deficit and inflation in coordination with the private sector.[4]
Petricioli died of a heart attack on 10 October 1998 at Los Angeles Hospital in Mexico City.[3] He was married to Blanca Rosa Morales Murphy, with whom he had 4 children: Gustavo, Ada, Hugo and Maria Luisa.[4] In his honor, a remembrance book, El complejo arte de vivir: homenaje a Gustavo Petricioli, was published by Editorial Porrúa and a statue was erected at ITAM; his alma mater.[5]