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  1. Home
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  3. July
  4. 2
  5. Carlos Menem

Births on July 2

Carlos Menem
1930Jul, 2

Carlos Menem

Carlos Menem, Argentinian lawyer and politician, 50th President of Argentina
Carlos Saúl Menem Akil (2 July 1930 – 14 February 2021) was an Argentine lawyer and politician who served as the President of Argentina from 1989 to 1999. Ideologically, he identified as a Peronist and supported economically liberal policies. He led Argentina as president during the 1990s and implemented a free market liberalization. He served as President of the Justicialist Party for thirteen years (from 1990 to 2001 and again from 2001 to 2003), and his political approach became known as Federal Peronism.Born in Anillaco to a Syrian family, Menem was raised as a Muslim, but later converted to Roman Catholicism to pursue a political career. Menem became a Peronist during a visit to Buenos Aires. He led the party in his home province of La Rioja and was elected governor in 1973. He was deposed and detained during the 1976 Argentine coup d'état and was elected governor again in 1983. He defeated the Buenos Aires governor Antonio Cafiero in the primary elections for the 1989 presidential elections, which he won. Hyperinflation and riots forced outgoing president Raúl Alfonsín to resign early, shortening the presidential transition.

Menem supported the Washington Consensus and tackled inflation with the Convertibility plan in 1991. The plan was complemented by a series of privatizations and was initially a success. Argentina re-established diplomatic relations with the United Kingdom, suspended since the 1982 Falklands War, and developed special relations with the United States. The country suffered two terrorist attacks. The Peronist victory in the 1993 midterm elections allowed him to persuade Alfonsín (by then leader of the opposition party UCR) to sign the Pact of Olivos for the 1994 amendment of the Argentine Constitution. This amendment allowed Menem to run for re-election in 1995, which he won. A new economic crisis began, and the opposing parties formed a political coalition winning the 1997 midterm elections and the 1999 presidential election.He was investigated on various criminal and corruption charges, including illegal arms trafficking, (he was sentenced to seven years in prison), embezzlement of public funds (he was sentenced four and half years to prison), extortion and bribery (in both he was declared innocent). His position as senator earned him immunity from incarceration.Menem ran for the presidency again in 2003, but faced with a likely defeat in a ballotage against Néstor Kirchner, he chose to pull out, effectively handing the presidency to Kirchner. He was elected senator for La Rioja in 2005. By the time of his death in 2021 at age 90, he was the oldest living former Argentine president.

References

  • Carlos Menem
  • President of Argentina

Choose Another Date

Events on 1930

  • 12Mar

    Salt March

    Mahatma Gandhi begins the Salt March, a 200-mile march to the sea to protest the British monopoly on salt in India
  • 6Apr

    Salt Satyagraha

    Gandhi raises a lump of mud and salt and declares, "With this, I am shaking the foundations of the British Empire," beginning the Salt Satyagraha.
  • 7Jul

    Hoover Dam

    Industrialist Henry J. Kaiser begins construction of Boulder Dam (now known as Hoover Dam).
  • 6Sep

    Hipólito Yrigoyen

    Democratically elected Argentine president Hipólito Yrigoyen is deposed in a military coup.
  • 24Oct

    Getúlio Vargas

    A bloodless coup d'état in Brazil ousts Washington Luís Pereira de Sousa, the last President of the First Republic. Getúlio Vargas is then installed as "provisional president".

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