Nepedia
Back to Discover
Advanced Reader
📖

Mauricio Macri

society Maturity 11-13 politics Next article →

This article covers sensitive topics: politics. Parents can manage visibility in Parental Controls.

Mauricio Macri is a prominent Argentine businessman and politician.

Mauricio Macri Foto de Prensa
Mauricio Macri Foto de Prensa

He served as the President of Argentina from 2015 to 2019. Before his presidency, he led the Republican Proposal (PRO) political party. He also served as the Chief of Government of Buenos Aires from 2007 to 2015. Macri identifies as a liberal conservative on the Argentine centre-right. His career moved from engineering and business into high-level national leadership.

Macri was born in Tandil, Argentina, in 1959. His father, Francesco Macri, was a successful businessman. Macri studied civil engineering at the Pontifical Catholic University of Argentina. He also attended business school at Columbia University in the United States.

Macri at the 2018 WEF 06
Macri at the 2018 WEF 06

He began his professional life at SIDECO Americana, a construction company. He later worked at Citibank Argentina and held leadership roles in the Socma Group. These early roles provided him with experience in finance and management.

In 1991, Macri experienced a traumatic event that changed his life. He was kidnapped for twelve days by officers of the Argentine Federal Police.

Macri cadetes de la PM de la CABA
Macri cadetes de la PM de la CABA

He was held in a small room for nearly two weeks. His family reportedly paid a multimillion-dollar ransom to secure his release. Macri has stated that this difficult ordeal motivated him to enter politics. This transition marked the end of his primary focus on the private business sector.

Before his political rise, Macri managed the Boca Juniors football club.

He won the club's internal election in 1995 with 7,058 votes. His early years as president were difficult for the team. He changed coaches three times as the team struggled with performance. However, he eventually found success with coach Carlos Bianchi. Under Macri, the club won sixteen titles and achieved a 40-match unbeaten run. He also helped the institution operate on the stock exchange.

Macri's political journey began in earnest in 2003. He founded the Commitment for Change group, which later became the PRO party.

Macri-Presidente
Macri-Presidente

He first ran for mayor of Buenos Aires in 2003 but lost the runoff election. In 2005, he was elected to the Chamber of Deputies. He later won the election for Chief of Government of Buenos Aires in 2007. He was re-elected to that position in 2011 with 64.25 percent of the vote. During this time, he improved city transport through the Metrobus and new bike lanes.

Mauricio Macri visitó los talleres-cochera de la Linea A de Subtes (8359495338)
Mauricio Macri visitó los talleres-cochera de la Linea A de Subtes (8359495338)

In 2015, Macri won the Argentine presidency in a historic runoff election.

Macri recibe atributos del mando en Casa Rosada
Macri recibe atributos del mando en Casa Rosada

His administration focused on economic reform and international diplomacy. He moved the country toward a floating exchange-rate system. He also reduced energy subsidies and removed taxes on exports to lower the fiscal deficit. Macri worked to reopen Argentina to international markets by lifting currency controls. He also sought to restructure the nation's sovereign debt. These actions were part of a strategy known as gradualist neoliberalism.

On the global stage, Macri sought to improve Argentina's diplomatic ties. He worked to strengthen relations with the United States and the European Union.

Mauricio Macri & Donald Trump at the White House 05
Mauricio Macri & Donald Trump at the White House 05

He also engaged with leaders at the World Economic Forum.

Argentina en Davos
Argentina en Davos

Regarding regional issues, he opposed the government of Nicolás Maduro in Venezuela. He recognized Juan Guaidó as president during the 2019 Venezuelan crisis. These diplomatic moves were intended to promote democracy and human rights.

His presidency faced both praise and significant criticism. Supporters pointed to his anti-corruption efforts and increased marketability. However, critics noted that he failed to control inflation effectively. Real wages declined for many workers during his four years in office. Many small and medium-sized companies also went out of business. In the 2019 general election, Macri lost his bid for a second term. He was defeated by Alberto Fernández, becoming the first incumbent president to lose re-election.

Macri y Lagarde en Olivos 02
Macri y Lagarde en Olivos 02
613 words

Where will your curiosity go next?

Keep exploring at your chosen reading level.

🖼️ Images & Media (22)
File:Palermo, personalidad destacada del deporte.jpg
Palermo, personalidad destacada del deporte.jpg
File:Mauricio Macri Foto de Prensa.jpg
Mauricio Macri Foto de Prensa.jpg
File:Cristina-Macri-Scioli Adjudicacion del Sarmiento.jpg
Cristina-Macri-Scioli Adjudicacion del...
File:Mauricio Macri visitó los talleres-cochera de la Linea A de Subtes (8359495338).jpg
Mauricio Macri visitó los...
File:GCBA - Inaguración AU Illia (05).jpg
GCBA - Inaguración AU Illia (05).jpg
File:Macri cadetes de la PM de la CABA.jpg
Macri cadetes de la PM de la CABA.jpg
File:Mauricio Macri asistió a la misa anual por la educación (7091688691).jpg
Mauricio Macri asistió a la misa anual...
File:Macri-Presidente.png
Macri-Presidente.png
File:Rodríguez Machado y Macri de campaña en Córdoba.jpg
Rodríguez Machado y Macri de campaña en...
File:Standard of the President of Argentina Afloat.svg
Standard of the President of Argentina Afloat.svg
File:Macri recibe atributos del mando en Casa Rosada.jpg
Macri recibe atributos del mando en Casa...
File:Macri at the 2018 WEF 06.jpg
Macri at the 2018 WEF 06.jpg

+ 10 more

More to explore

What is Nepedia?

A free, ad-free encyclopedia for children. Every article is written at five reading levels, so the same page works for a five-year-old and a fifteen-year-old — use the level switcher above to see this one change. No account needed to read.