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Ricardo López Murphy.
Economist and politician.
Ricardo Hipólito López Murphy (born August 10, 1951) is an Argentine economist and politician.
López Murphy was born in Adrogué, Buenos Aires Province. He is of Basque and Irish descent. His was named «Ricardo» after Argentine politician Ricardo Balbín (who was his godfather) and «Hipólito» after radical president Hipólito Yrigoyen. He attended the National University of La Plata, where he was awarded the title of "Licenciado en Economía" (a degree in Economics comprising four years of study) in 1975. He then obtained a Master's degree in Economics from the University of Chicago in 1980. In his professional activity he worked as a consultant and economic advisor to companies, international investors and financial institutions in Argentina and Latin America. He was a consultant to the Inter-American Development Bank, World Bank, International Monetary Fund and chief economist of the Latin American Economic Research Foundation. He received the Konex Prize in 1996. [1]
He founded a conservative liberal political party, Recreate for Growth (RECREAR), in 2002, and ran for the presidency in the April 2003 elections, finishing third behind Carlos Menem and Néstor Kirchner, with 16.3% of the popular vote. He later teamed with Mauricio Macri in 2005 to create a new center-right coalition called Republican Proposal (PRO), which tacitly supported his unsuccessful second bid to the presidency in the 2007 presidential election. López Murphy did poorly, gaining just 1% of the vote; PRO, however, did somewhat better in provincial and congressional elections, and won the mayoral election in Buenos Aires that year. He left RECREAR in April 2008, citing differences over party list strategy,[4] and in December established Convergencia Federal [es]. He ran for Mayor of Buenos Aires in 2011 on this ticket, but obtained only 1.4% of the vote.[5]
He is married with three children. López Murphy is often referred to in the media as "the Bulldog," a nickname he has come to embrace himself.[6][7]
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