Miguel Boyer facts for kids
Quick facts for kids
Miguel Boyer
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Miguel Boyer in 1983
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| Minister of Economy, Treasury and Commerce | |
| In office 1 December 1982 – 6 July 1985 |
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| Prime Minister | Felipe González |
| Preceded by | Jaime García Añoveros |
| Succeeded by | Carlos Solchaga |
| Personal details | |
| Born |
Miguel Boyer Salvador
5 February 1939 St. Jean de Luz, France |
| Died | 29 September 2014 (aged 75) Madrid, Spain |
| Nationality | Spanish |
| Political party | Socialist Party |
| Spouses |
Elena Arnedo
(m. 1964; div. 1985) |
| Children | 4 |
| Alma mater | Complutense University of Madrid |
Miguel Boyer (born 5 February 1939 – died 29 September 2014) was an important Spanish economist and politician. He served as the Minister of Economy, Treasury, and Commerce from 1982 to 1985.
Contents
Early Life and Education
Miguel Boyer was born in St. Jean de Luz, France, on 5 February 1939. He studied at the Complutense University of Madrid. There, he earned degrees in both economics and physics.
Career in Politics and Business
Boyer worked in several important roles before becoming a minister. He was a director of planning for a company called Unión Explosivos Río Tinto. Later, he became a senior economist at the Bank of Spain. He also held leadership positions at the national industrial institute.
In 1960, he joined the Socialist Party. He was part of the party's social democrat group. He helped Felipe González create a new part of the party in the mid-1970s. Boyer was a member of the Congress of Deputies, representing Jaén Province. He was also the party's spokesperson for economic matters. He and Carlos Solchaga were key in shaping the party's economic plans.
Minister of Economy
Miguel Boyer became the Minister of Economy, Treasury, and Commerce on 2 December 1982. This was part of the first government led by Felipe González. In 1985, he created a new tax law. This law allowed people to avoid taxes on savings interest if they invested in special insurance accounts. During his time as minister, many saw him as the most powerful person in the government.
However, in July 1985, Boyer left his position. Carlos Solchaga took over as minister. Some people thought Boyer was forced to resign. This was possibly due to disagreements with Deputy Prime Minister Alfonso Guerra. It was also said that Boyer wanted more power in the government. He asked to become the second vice prime minister, which might have led to his resignation.
After Government Service
After leaving his government role, Boyer took on new leadership positions. He became the chief executive of Banco Exterior de Espana. Then, he led an investment company called Cartera Central. In 1986, he joined a committee that looked at the future of CERN, a famous science organization.
He worked as a senior manager for the Spanish construction group FCC until 1999. From 1999 to 2005, he was the chairman of CLH. This company distributes fuel in Spain. In 2010, Boyer joined the board of the Hispania Racing Team, a Formula One racing team. He also became their finance director and advisor. He was also an independent board member of Red Electrica Corporacion SA. In addition, he led a company called Urbis.
Economic Ideas
In the 1970s, Boyer supported a type of socialism where workers managed their own businesses. But later, his economic ideas became more traditional and practical. Even though he was in a socialist government, he adopted some neo-liberal economic ideas as minister.
He and his successor, Carlos Solchaga, used economic policies based on traditional liberal ideas. They focused on reducing inflation by controlling the money supply. This led to high interest rates and a strong currency. While Boyer's policies did lower inflation and government spending, Spain also had a very high unemployment rate, around 20%. Boyer also worked to help Spain join the European Union.
Personal Life
Miguel Boyer married Elena Arnedo in 1964. They later separated. In 1987, he married Isabel Preysler. Isabel Preysler was previously married to singer Julio Iglesias. Miguel and Isabel had a daughter named Ana Boyer. Miguel also had two sons and a daughter from his first marriage.
Death
Miguel Boyer passed away on 29 September 2014, at the age of 75. He died in Madrid after being admitted to the Ruber International Hospital.
See also
In Spanish: Miguel Boyer para niños
