Carlos Tello Macías | |
---|---|
Secretary of Budget and Planning | |
In office 1 December 1976 – 16 November 1977 |
|
President | José López Portillo |
Personal details | |
Born |
Geneva, Switzerland |
4 November 1938
Nationality | Mexican |
Political party | Institutional Revolutionary Party (PRI) |
Spouse(s) | Catalina Díaz Casasús |
Relations | Manuel Tello Baurraud (father) and Manuel Tello Macías (brother) |
Children | Carlos Tello Díaz and two others. |
Residence | Mexico City |
Alma mater | Georgetown University, Columbia University and King's College (U. of Cambridge). |
Profession | Economist |
Carlos Tello Macías (born on 4 November 1938) is a Mexican socialist-oriented economist, academic and diplomat. He is a former ambassador to Cuba, Portugal and Russia and a former Secretary of Budget and Planning in the cabinet of President José López Portillo. According to a document distributed in the Senate by his political rivals (including some members of his own party), he was responsible for the high inflation rate (which surpassed 100 percent) and the significant increase of the external debt (which grew from 8.6 to 92.4 billion USD) in the López Portillo administration.
Tello Macías was born in Geneva, Switzerland, where his parents, Manuel Tello Baurraud and Guadalupe Macías Viadero were serving as Mexican diplomats. He received a bachelor's degree in Business Administration from Georgetown University (1955–58), a master's degree in Economics from Columbia University (1958–59) and a doctorate's degree in the same discipline from King's College, University of Cambridge (1961–63).
He joined the Institutional Revolutionary Party (PRI) in 1976. Besides serving as Secretary of Budget and Planning in the federal cabinet (a position he was forced to resign from following a long and bitter dispute with the Secretary of Finance, Julio Rodolfo Moctezuma), Tello worked in the public sector as Undersecretary of Finance (1975–76) and as director-general of the Bank of Mexico (September 1982 – November 1982), where he substituted Miguel Mancera, who opposed his foreign exchange controls strategy.