Gustavo Petricioli
Encyclopedia
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).
Petricioli was the son of Carlos Petricioli Alarcón and Ada Iturbide Preciat. 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). 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.
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). As Secretary of Finance, he co-authored the Pact for Stability and Economic Growth (in ), a national strategy to control the fiscal deficit and inflation in coordination with the private sector.
Petricioli died of a heart attack on 10 October 1998 at Los Angeles Hospital in Mexico City. He was married to Blanca Rosa Morales Murphy, with whom he had 4 children: Gustavo, Ada, Hugo and Maria Luisa. In his honor, a remembrance book, , was published by Editorial Porrúa and a statue was erected at ITAM; his alma mater.
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...
economist who served as Secretary of Finance (1986–88) in the last cabinet of Miguel de la Madrid
Miguel de la Madrid
Miguel de la Madrid Hurtado is a Mexican politician affiliated to the Institutional Revolutionary Party who served as President of Mexico from 1982 to 1988.-Biography:...
and as Mexican ambassador to the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
(January 1989 – 93).
Petricioli was the son of Carlos Petricioli Alarcón and Ada Iturbide Preciat. He received a high school diploma from the Monterrey Institute of Technology
Monterrey Institute of Technology and Higher Education
The Monterrey Institute of Technology and Higher Education commonly shortened as Monterrey Institute of Technology or Monterrey Tech is one of the largest private, nonsectarian and coeducational multi-campus universities in...
, a bachelor's degree in Economics from the ITAM
ITAM
ITAM may refer to:*Instituto Tecnológico Autónomo de México, a private research university located in Mexico City, Mexico*IT asset management*Immunoreceptor tyrosine-based activation motif...
(1952) and a master's degree in the same discipline from Yale University
Yale University
Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States...
(1958). He lectured on Monetary Theory
Monetary theory
Monetary economics is a branch of economics that historically prefigured and remains integrally linked to macroeconomics. Monetary economics provides a framework for analyzing money in its functions as a medium of exchange, store of value, and unit of account. It considers how money, for example...
at both ITAM and the National Autonomous University of Mexico
National Autonomous University of Mexico
The Universidad Nacional Autónoma de México is a university in Mexico. UNAM was founded on 22 September 1910 by Justo Sierra as a liberal alternative to the Roman Catholic-sponsored Royal and Pontifical University of Mexico The Universidad Nacional Autónoma de México (UNAM) (National Autonomous...
(UNAM), and joined the Revolutionary Institutional Party (PRI) in 1952.
Before joining the federal cabinet
Mexican Executive Cabinet
The cabinet of Mexico is the Executive Cabinet and is a part of the executive branch of the Mexican government. It consists of eighteen Secretaries of State, the head of the federal executive legal office and the Attorney General....
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). As Secretary of Finance, he co-authored the Pact for Stability and Economic Growth (in ), a national strategy to control the fiscal deficit and inflation in coordination with the private sector.
Petricioli died of a heart attack on 10 October 1998 at Los Angeles Hospital in Mexico City. He was married to Blanca Rosa Morales Murphy, with whom he had 4 children: Gustavo, Ada, Hugo and Maria Luisa. In his honor, a remembrance book, , was published by Editorial Porrúa and a statue was erected at ITAM; his alma mater.