Jamil Mahuad
Jamil Mahuad Witt (born
July 29,
1949) was
President of
Ecuador from
August 10,
1998 to
January 21,
2000. He was forced to resign after a week of demonstrations by indigenous Ecuadorians and a military revolt led by
Lucio Gutiérrez.
He proposed economic reforms that produced the "dollarization" of the economy. He declared a freeze in bank accounts in order to control the countries' inflation. However it is presumed that his inner circle had enough time to take millions of dollars out of the banking system.
He gives courses in ethics and politics across US Universities, including the renowned
Kennedy School of Government at
Harvard University.
During his Presidency, a historical peace agreement with the neighboring country of Peru, was signed. By signing this peace treaty, Ecuador renounced to every claim over the Rio De Janeiro Protocol.
*
Text of the Rio Protocol*
Mahuad and Fujimori
