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Andrés Velasco

Andrés Velasco
Andrés Velasco Brañes (2014).jpg
Minister of Finance of Chile
In office
11 March 2006 – 11 March 2010
President Michelle Bachelet
Preceded by Nicolás Eyzaguirre
Succeeded by Felipe Larraín
Personal details
Born (1960-08-30) 30 August 1960 (age 56)
Santiago, Chile
Political party Independent
Alma mater Yale University
Columbia University

Andrés Velasco Brañes (born August 30, 1960) is an economist and professor. He served as the Finance Minister of Chile from March 2006 to March 2010, the whole of the first presidential period of Michelle Bachelet. He is currently Professor of Professional Practice in International Development at the Columbia University School of International and Public Affairs.

The son of former radical politician Eugenio Velasco and lawyer Marta Brañes, Velasco was born in Santiago, where he lived until the age of 16. Following the exile of his father in 1977, the whole family moved to the US, first to Los Angeles and then to Boston. He finished his secondary school studies at Grange School, Santiago. He holds a PhD in Economics from Columbia University. He took post-doctorate studies at Harvard University and at Massachusetts Institute of Technology (MIT). Earlier, he obtained his bachelor's degree in Economics and Philosophy at Yale University, and a Master in International Relations at the same university. He is Sumitomo-FASID professor of Development and International Finance at Harvard University's John F. Kennedy School of Government.

Velasco has received several distinctions, such as the Award for Excellence in Research granted by the Inter-American Development Bank (IDB), in recognition for his contributions to economic research, the design of policies, and the creation of research institutions in Latin America and the Caribbean (2006), "Latin America Finance Minister of the Year" by Emerging Markets magazine, published by Euromoney Institutional Investor plc during the annual meetings of the World Bank and the International Monetary Fund, based on the preferences of the most influential economists, investors and experts in the region (2008), and an award from "América Economía" magazine, which also considered him as "Finance Minister of the Year". In 2009, "Latin Trade" magazine gave him the price for the "Most Innovative Leader of the Year".


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