Luis Carranza
Prof. Luis Carranza Ugarte, (born 1966, in Lima), was the Minister of Economy and Finance of Peru in the administration of Peruvian president Alan García, from July 2006 July 2008. During his first tenure, he championed several structural economic reforms that proved extremely successful. Peru achieved their highest continued average growth rates in recent history (8% average), the FTA with the USA was signed, technology and productivity gains in the country were the highest ever in recorded Peruvian history (40% yearly increments in capital investment), and poverty dropped dramatically (from 52% to 34% of total population). He was re-appointed on January 2009, with the looming global financial crisis. Before being appointed Minister, Carranza was BBVA chief economist for Latin American and emerging markets.
Education
- PhD in Economics, University of Minnesota
- MA in Economics, University of Minnesota
- Licenciature in Economics, Pontificia Universidad Católica del Perú
- BA in Economics, Pontificia Universidad Católica del Perú
Other activities
- Visiting Professor, Master in Economics and Finance program, Faculty of Economic and Business Sciences, University of Navarra
- Consultant, Inter-American Development Bank
Past Public Service
- Member, Board of Directors, Central Reserve Bank of Peru
- Vice Minister of Economics, Government of Peru