
About
Biography
Andrés Velasco is the Dean of the School of Public Policy at the London School of Economics and Political Science.
In 2017-18 he was a member of the G20 Eminent Persons Group. During 2015-16 he co-chaired the Global Panel on the Future of the Multilateral Lending Institutions. In 2013-16 he was a member of the Global Oceans Commission.
Mr. Velasco was a presidential candidate in Chile in 2013. He also was the Minister of Finance of Chile between March 2006 and March 2010. During his tenure he was recognized as Latin American Finance Minister of the Year by several international publications. His work to save Chile´s copper windfall and create a rainy-day fund was highlighted in the Financial Times, the Economist, the Wall Street Journal and Bloomberg, among many others.
In 2013-17 Mr. Velasco served as Professor of Professional Practice in International Development at the School of International and Public Affairs, Columbia University. In 2000-06 he was Sumitomo-FASID Professor of International Finance and Development at the Harvard Kennedy School. Earlier he was Associate Professor of Economics and Director of the Center for Latin American and Caribbean Studies at New York University.
Andrés Velasco received a B.A. in economics and philosophy and an M.A. in international relations from Yale University. He holds a Ph.D. in economics from Columbia University and was a postdoctoral fellow in political economy at Harvard University and the Massachusetts Institute of Technology.
He is the author of nearly one hundred academic articles, several academic books and two novels. He was president of the Latin American and Caribbean Economic Association (LACEA) from 2005 to 2007. In February 2006 he received the Award for Excellence in Research from the Inter-American Development Bank.
He has served as a consultant to the International Monetary Fund, the World Bank, the Inter-American Development Bank, and to governments, central banks and private businesses around the world.
He is married to Consuelo Saavedra, a journalist and television anchorwoman. They have three children: Rosa, Ema and Gaspar.
Education and Degrees
Yale University (BA, MA)
Columbia University (PhD)
Harvard University and Massachusetts Institute of Technology, Post-Doctoral Fellowship in Political Economy
Admin Support: Pilar Frogley
Room number: CBG 5.
Phone number: 020 7955 7982
Email Address: Spp.Deansoffice@lse.ac.uk
Webpages
Personal Website (Spanish) | Project Syndicate Profile
Professorial:
- Dean of the School of Public Policy, London School of Economics and Political Science, 2018 - Present
- Professor of Professional Practice in International Development, School of International and Public Affairs, Columbia University, 2013 – 2017.
- Sumitomo-FASID Professor of International Finance and Development, Harvard Kennedy School, 2000-2009 (on leave 2006-09).
- Director, Center for Latin American and Caribbean Studies, New York University, 1998-2000.
- Associate Professor of Economics (tenured), New York University, 1995-2000.
Professional:
- Minister of Finance, Republic of Chile, March 2006 – March 2010.
- Member, Latin Trade Board of Economists, since 2015.
- Member, International Advisory Board, Banco Itaú, 2011- July 2017.
- Advisory work for governmental institutions in Colombia, Chile, the Dominican Republic, Ecuador, El Salvador, Mexico, Nigeria, Panama and South Africa, 1995-2014.
Public service:
- Member, G20 Eminent Person Group on International Financial Governance, since 2017.
- Member, New Global Progressive Construct Convention, since 2016.
- Co-Chair, Global Commission on the Future of the Multilateral Lending Institutions, 2015-17.
- Member, Global Oceans Commission, 2014-16.
- Member, Board of Directors, Humanitas 360, since 2014.
Political:
- Senatorial candidate, Maule Region, Chile, 2017.
- Founding member, Partido Ciudadanos (Chilean political party), 2015.
- President, Partido Ciudadanos, 2015-16.
- Presidential candidate (in the Nueva Mayoría primary), Chile, 2013.
Honours, awards and academic memberships:
- Inter-American Development Bank Award for Excellence in Economic Research, 2006.
- International Research Fellow, Kiel Institute for World Economics, 2005-09.
- National Science Foundation Research Award, 2001-04.
- Research Associate, NBER, 1998-present.
- C.V. Starr Center Faculty Research Grant, 1995-2000.
Research
- Joined at the hip: monetary and fiscal policy in a liquidity-dependent world (with G. Calvo), Centre for Economic Policy Research, March 2022.
- Pandemics, Incentives, and Economic Policy: A Dynamic Model (with R. Chang and H. Martinez), Centre for Economic Policy Research, March 2021.
- The macroeconomics of a pandemic: a minimalist model (with L. F. Céspedes and R. Chang), Centre for Economic Policy Research,May 2020.
- Economic Policy Incentives to Preserve Lives and Livelihoods (with R. Chang),Centre for Economic Policy Research, April 2020.
Engagement and impact
- Ukraine's Wartime Economy and Financial Challenges (27 June 2022)
- How We Dollarized Ecuador (6 June 2022)
- The House of Contradiction (12 May 2022)
- Boosting the Lending Power of Multilateral Development Banks Through Risk Transfer (22 March 2022)
- Knowledge Diffusion as a Cornerstone of Economic Recovery in the Post-COVID World (21 March 2022)
- Humane: how the United States abandoned peace and reinvented war (7 February 2022)
- After the Virus: lessons from the past for a better future (1 February 2022)
- Reclaiming Populism: how economic fairness can win back disenchanted voters (26 January 2022)
- What kind of macroeconomics is useful when formulating policy (16 November 2021)
- Nicaragua's Electoral Pantomime: how should western democracies respond? (15 November 2021)
- Social Unrest in Colombia and Chile: causes and cures - panel 2 (29 October 2021)
- Social Unrest in Colombia and Chile: causes and cures - panel 1 (29 October 2021)
- The Indian Economy: recent developments and prospects (11 October 2021)
- Opportunities for Stronger and Sustainable Post-Pandemic Growth in Latin America and the Caribbean (7 October 2021)
- Reset: reclaiming the internet for civil society, in conversation with Ron Deibert (7 July 2021)
- Liars: falsehood and free speech in an age of deception, in conversation with Cass Sunstein (27 May 2021)
- Rescue: from global crisis to a better world, in conversation with Ian Goldin (26 May 2021)
- Doom: the politics of catastrophe, in concersation with Niall Ferguson (20 May 2021)
- Lessons Learnt from the Pandemic (13 May 2021)
- The Changing Role of the State: Reforming Labor Markets and Social Policy Post-Pandemic (27 April 2021)
- Drugs and Development Policies: a discussion with the Global Commission on Drug Policy (29 March 2021)
- World Bank Governance Forum 2021, Keynote Panel: The Role of the State Institutions for Growth & Development (15 March)
- Deans' Roundtable: Global Public Policy Network (GPPN) Virtual Conference 2021 (5 March 2021)
- Money and Power: the world leaders who changed economics (23 February 2021)
- Democracy in the Time of Pandemic, CIVICA Public Lecture #1 (15 February 2021)
- Populism in the Post-COVID-19 World (23 July 2020)
- Prospects for the UK Economy and Public Spending After COVID-19: new austerity or a new economy? (10 July 2020)
- Policies to Fight the Pandemic in Latin America and the Caribbean (7 July 2020)
- From Rulership to Leadership: what lessons from the COVID-19 pandemic? (2 July 2020)
- Life After COVID-19: challenges and policy response (26 June 2020)
- Financing the Post-COVID-19 Recovery (19 June 2020)
- Responding to a Pandemic: the view from Latin America (22 May 2020)
- COVID-19: the economic policy response (18 May 2020)
- Now or Never: crafting the COVID-19 response (21 April 2020)
- The State of European Banking Union: two proposals to resurrect it (25 February 2020)
- Chile, a Model Country Gone Wrong? (18 February 2020)
- China - a Tale of Two Decades: what the shifts of the past decade mean for the next (13 February 2020)
- Regional Economic Outlook for Latin America and the Caribbean: Stunted by Uncertainty (2 December 2019)
- Argentina: an update on the crisis (18 November 2019)
- Changing My Mind: Margaret Trudeau on Mental Health (6 November 2019)
- Protecting All: Risk Sharing for a Diverse and Diversifying World of Work (30 October 2019)
- Prospects for Economic Development in Latin America (9 September 2019)
- In conversation with Sergio Fajardo Valderrama (14 May 2019)
- Exchange rates and monetary policy frameworks in EMEs: Where do we stand? (2 May 2019)
- Policy-Making in an Age of Populism - Launch of the School of Public Policy (29 November 2019)
- What might the European elections mean for the future of the EU (16 May 2019)
- Pessimism and the state of the world (25 February 2019)
- Policy-making in an age of populism (29 November 2018)
- Hard truths: global leadership challenges (23 October 2018)
- Hard truths: dictatorships (18 October 2018)
- Flexible Exchange Rates and Emerging Markets, Project Syndicate, 23 June 2023
- How the Far Left Paves the Way for the Far Right, Project Syndicate, 25 May 2023
- The Green Transfer Problem, Project Syndicate, 26 April 2023
- Policymakers Keep Solving the Wrong Banking Problem, Project Syndicate, 28 March 2023
- Latin America’s Moral Failure, Project Syndicate, 02 March 2023
- Subsidy War Without Winners, Project Syndicate, 27 January 2023
- Latin America’s Democracies Hold Strong, Project Syndicate, 21 December 2022
- The Unbearable Uselessness of Crypto, Project Syndicate, 25 November 2022
- Early to Hike, Early to Thrive? Project Syndicate, 31 October 2022
- God Save the Pound?, Project Syndicate, 26 September 2022
- Woke Politics Goes South, Project Syndicate, 25 August 2022
- Argentina's Never-Ending Tragic Farce, Project Syndicate, 27 July, 2022
- Fact-checking the Deglobalization Narrative, Project Syndicate, 22 June, 2022
- Rebranding the West, Project Syndicate, 1 June, 2022
- How to Get by Without Russian Gas, Project Syndicate, 28 April, 2022
- Democracy is the Next Identitiy Politics, Project Syndicate, 25 March, 2022
- Argentina's Imaginary Miracle, Project Syndicate, 21 January 2022
- The Political Center Does Have Meaning, Project Syndicate, 28 December 2021
- Why has Chile Embraced the Extremes?, Project Syndicate, 1 December 2021
- Latin America's Monster Movie, Project Syndicate, 1 November 2021
- Nation-Building 101, Project Syndicate, 30 September 2021
- Breaking Bad Bond Buying, Project Syndicate, 7 September 2021
- Preventing a Stablecoin Liquidity Crisis, Project Syndicate, 2 August 2021
- The Perils of Paradigm Economics, Project Syndicate, 5 July 2021
- Chile's Consitutional Revolution, Project Syndicate, 31 May 2021
- Five macroeconomic lessons COVID has taught us, LSE COVID-19 Blog, 26 May, 2021
- Twisted Democracies, Project Syndicate, 3 May 2021
- Brazilian Debt Jitters, Project Syndicate, 29 March 2021
- Evolution, Not Revolution, in Economics, Project Syndicate,26 February 2021
- The COVID Tsunami and Emerging Markets, Project Syndicate, 2 February 2021
- Latin America's Pandemic Woe, Project Syndicate, 12 January 2021
- Chile's Great Pension Raid, Project Syndicate, 14 December 2020
- The COVID Reset Latin America Needs, Project Syndicate, 9 November 2020
- Are We All Keynesians Again?, Project Syndicate, 25 August 2020
- The Call of the Tribal, Project Syndicate, 8 July 2020
- Preventing an Emerging-Market Meltdown, Project Syndicate, 9 June 2020
- Latin America's New Great Depression, Financial Times, 3 June 2020
- The Populists’ Pandemic, Project Syndicate, 1 May 2020
- The Virus Turns South, Project Syndicate, 24 March 2020
- To Protect Democracy, Reform It, Project Syndicate, 26 February 2020
- In Defense of Cosmopolitanism, Project Syndicate, 31 January 2020
- Was Marx Right?, Project Syndicate, 26 December 2019
- Bipolar Economics, Project Syndicate, 28 November 2019
- Santiago Under Siege, Project Syndicate, 28 October 2019
- Argentina’s Recurring Nightmare, Project Synidicate, 27 September 2019
- Saving Venezuela, Project Syndicate, 27 August 2019
- Will Facebook's Libra Turn into a Cancer?, Project Syndicate, 16 July 2019
- The Experts We Need, Project Syndicate, 19 June 2019
- Dirty Floating in Emerging Markets, Project Syndicate, 13 May 2019
- Brexit Identities, Project Syndicate, 10 April 2019
- The Challenge of Monetary Independence, Project Syndicate, 11 May 2019
- Venezuela Shatters the Myth of Non-Intervention, Project Syndicate, 04 February 2019
- Pass on the Gas Tax, Project Syndicate, 03 January 2019
- Populism Is Rooted in Politics, not Economics, Project Syndicate, 30 November 2018
- Taming Capital Flow Volatility, Project Syndicate, 22 October 2018
- Planning for Post-Maduro Venezuela, Project Syndicate, 03 October 2018
- Decoding Currency Crises, Project Syndicate, 03 September 2018