Felipe Pazos
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Felipe Pazos Roque (September 27, 1912 – February 26, 2001) was a Cuban
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
who initially supported the
Cuban Revolution The Cuban Revolution () was the military and political movement that overthrew the dictatorship of Fulgencio Batista, who had ruled Cuba from 1952 to 1959. The revolution began after the 1952 Cuban coup d'état, in which Batista overthrew ...
of
Fidel Castro Fidel Alejandro Castro Ruz (13 August 1926 – 25 November 2016) was a Cuban politician and revolutionary who was the leader of Cuba from 1959 to 2008, serving as the prime minister of Cuba from 1959 to 1976 and President of Cuba, president ...
, but became disillusioned with the increasingly radical nature of the revolutionary government.


Biography

Born in
Havana Havana (; ) is the capital and largest city of Cuba. The heart of La Habana Province, Havana is the country's main port and commercial center.University of Havana The University of Havana (UH; ) is a public university located in the Vedado district of Havana, the capital of Cuba. Founded on 5 January 1728, the university is the oldest in Cuba, and one of the first to be founded in the Americas. Originall ...
in 1938. He was a member of the Cuban delegation to the 1944
Bretton Woods conference The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 allied nations at the Mount Washington Hotel, in Bretton Woods, New Hampshire, United States, to ...
. In 1946, he joined the staff of the fledgling
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
that had been established at the Bretton Woods conference. He worked there for three years before returning to Cuba in 1950 to head the newly established National Bank of Cuba for two years at the behest of Cuban President Carlos Prío Socarrás. After
Fulgencio Batista Fulgencio Batista y Zaldívar (born Rubén Zaldívar; January 16, 1901 – August 6, 1973) was a Cuban military officer and politician who played a dominant role in Cuban politics from his initial rise to power as part of the 1933 Revolt of t ...
took power in Cuba through a military
coup d'état A coup d'état (; ; ), or simply a coup , is typically an illegal and overt attempt by a military organization or other government elites to unseat an incumbent leadership. A self-coup is said to take place when a leader, having come to powe ...
in 1952, Pazos became active in supporting the resistance against Batista. Batista's rule came under increasing assault during the 1950s, and he and the Cuban military soon found themselves fighting against a young Castro and the forces of his 26th of July Movement. At the time, Castro was waging a guerrilla campaign in the mountainous Sierra Maestra region of Cuba. Batista had declared that Castro had been killed; however, Pazos arranged for ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' reporter Herbert Matthews to come and meet Castro in February 1957. The resulting interview refuted Batista's claims, and gave Castro and his revolutionaries international attention. In July 1957, Castro convened a meeting in the Sierra Maestra between his group of rebels and pro-
Capitalist Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by ...
representatives, including Pazos. Pazos' signature on the July 12 Sierra Manifesto was meant to help reassure the Cuban people that the revolutionaries were not radical ideologues. Pazos and his family were forced to flee Cuba soon after its release. After Castro's victory in 1959, Pazos returned to Cuba and once again headed the National Bank of Cuba. However, he soon found himself becoming increasingly disillusioned with the new Cuban government. In April 1959, Castro and his aides, including Pazos, visited the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
. Many had suspected that the purpose of the visit was to ask for economic aid, but Castro forbade Pazos from making any such requests. Pazos privately expressed his frustrations to officials at the U.S.
State Department The United States Department of State (DOS), or simply the State Department, is an executive department of the U.S. federal government responsible for the country's foreign policy and relations. Equivalent to the ministry of foreign affairs o ...
and Treasury Department. Pazos' confidence was further weakened when Castro ordered the arrest and imprisonment in October 1959 of Huber Matos, an anti-
Communist Communism () is a sociopolitical, philosophical, and economic ideology within the socialist movement, whose goal is the creation of a communist society, a socioeconomic order centered on common ownership of the means of production, di ...
revolutionary who had recently resigned from office. After Castro angrily denounced the United States for being complicit in the "bombing" of Havana with thousands of anti-Castro leaflets by the ex-Air Force Chief Pedro Luis Diaz Lanz, Pazos decided to resign. He tendered his resignation to President Osvaldo Dorticós Torrado on October 23, 1959. Pazos transferred the Presidency of the National Bank of Cuba to
Che Guevara Ernesto "Che" Guevara (14th May 1928 – 9 October 1967) was an Argentines, Argentine Communist revolution, Marxist revolutionary, physician, author, Guerrilla warfare, guerrilla leader, diplomat, and Military theory, military theorist. A majo ...
on November 26, 1959, and was allowed to leave Cuba soon afterward.


Later years and death

Pazos ended up working at the
Alliance for Progress The Alliance for Progress () was an initiative launched by U.S. President John F. Kennedy on March 13, 1961, that aimed to establish economic cooperation between the U.S. and Latin America. Governor Luis Muñoz Marín of Puerto Rico was a close ...
and the
Inter-American Development Bank The Inter-American Development Bank (IDB or IADB) is an international development finance institution headquartered in Washington, D.C., United States of America. It serves as one of the leading sources of development financing for the countri ...
, writing many economic articles on
Latin America Latin America is the cultural region of the Americas where Romance languages are predominantly spoken, primarily Spanish language, Spanish and Portuguese language, Portuguese. Latin America is defined according to cultural identity, not geogr ...
, before retiring in 1975 to
Venezuela Venezuela, officially the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and many Federal Dependencies of Venezuela, islands and islets in the Caribbean Sea. It com ...
. He died in Puerto Ordaz. He had three sons and a daughter. His son Felipe starred alongside
Spencer Tracy Spencer Bonaventure Tracy (April 5, 1900 – June 10, 1967) was an American actor. He was known for his natural performing style and versatility. One of the major stars of Classical Hollywood cinema, Hollywood's Golden Age, Tracy was the ...
in the 1958 film adaptation of
Ernest Hemingway Ernest Miller Hemingway ( ; July 21, 1899 – July 2, 1961) was an American novelist, short-story writer and journalist. Known for an economical, understated style that influenced later 20th-century writers, he has been romanticized fo ...
's '' The Old Man and the Sea''.


References

*Falcoff, Mark (Winter 1994). "Cuba and the United States: Back to the beginning". ''World Affairs'', Volume 156, Issue 3. * *Hispanic Foundation, Library of Congress (1966). ''National Directory of Latin Americanists: Bibliographies of 1,884 Specialists in the Social Sciences & Humanities''. Washington, D.C.: Superintendent of Documents, U.S. Government Printing Office. *Lewis, Paul (March 9, 2001).
Felipe Pazos, 88, Economist; Cuban Split Early With Castro
. ''The New York Times''. Retrieved on December 28, 2007. {{DEFAULTSORT:Pazos, Felipe 1912 births 2001 deaths President of the Central Bank of Cuba Cuban revolutionaries Cuban economists Cuban emigrants to Venezuela