Is Ortiz right for the central bank?

Is Ortiz right for the central bank?

When president Ernesto Zedillo appointed his finance secretary, Guillermo Ortiz, to head the central bank for the next 6 years, tongues wagged. In Mexico, political pundits speculated endless about the reason Zedillo would overlook the most obvious choice for the position, the eminently qualified ce...

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Veröffentlicht in:Euromoney 1998-02 (346), p.22
1. Verfasser: Tierney, Jennifer
Format: Magazinearticle
Sprache:eng
Schlagworte:
Central banks
Foreign exchange rates
Foreign investment
Governors
Inflation
Monetary policy
Political appointments
Presidential elections
Public officials
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Zusammenfassung:When president Ernesto Zedillo appointed his finance secretary, Guillermo Ortiz, to head the central bank for the next 6 years, tongues wagged. In Mexico, political pundits speculated endless about the reason Zedillo would overlook the most obvious choice for the position, the eminently qualified central bank vice governor Francisco Gill Diaz, and sacrifice the most vital member of his cabinet. Many in the financial markets, on the other hand, understood the choice perfectly. Eduardo Cepeda of JP Morgan's Mexico office said that Ortiz is a very independent person and an orthodox economist.
ISSN:0014-2433