Former Mexican Official to Lead Economic Group
The 30-member Organization for Economic Cooperation and Development named former Mexican Finance Minister Jose Angel Gurria as its secretarygeneral, replacing the retiring Donald Johnston.
Gurria, 55, an economist who helped stabilize Mexico’s economy after the 1994 peso devaluation, will take the position in June, said Nicholas Bray, a spokesman for the Paris-based organization. Gurria stepped down in 2000 after three years as finance minister of Latin America’s second-biggest economy.
Gurria faces the task of expanding the group’s role and opening it to new countries such as China, said Laurence Boone, a Paris-based economist at Barclays Capital.
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