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Felipe Larraín

Felipe Larraín Bascuñán
Felipe Larrain Bascunan.jpg
Minister of Finance
In office
11 March 2010 – 11 March 2014
President Sebastián Piñera
Preceded by Andrés Velasco Brañes
Succeeded by Alberto Arenas
Personal details
Born (1958-02-14) 14 February 1958 (age 59)
Santiago, Chile
Spouse(s) Francisca Cisternas Lira
Children 5
Alma mater Pontifical Catholic University of Chile
Harvard University

Felipe Larraín Bascuñán is a Chilean economist and scholar, former Minister of Finance under President Sebastián Piñera.

Felipe Larraín’s parents are Vicente Larraín Izquierdo and Marta Bascuñán Lazcano. His first studies were carried out in San Ignacio School and Tabancura School in Santiago de Chile. Between 1976 and 1980 he went to college at the Pontifical Catholic University of Chile where he obtained a Bachelor of Arts (Economics) in 1981. In 1981 he was admitted to the Economics Ph.D Program at Harvard University. He completed his Ph.D dissertation in 1985, with the title “Essays on the Exchange Rate and Economic Activity in Developing Countries."

Larraín began his professional academic career at Pontifical Catholic University of Chile by lecturing courses in Macroeconomics, Economic History and Econometrics. After a few years, he was appointed Full-Time Professor in the same institution. Between 1985 and 1986 he worked as a consultant for the Monetary and Fiscal Authorities in Bolivia and Venezuela. In the same period, he participated as a consultant for the World Bank. These activities lasted until 1988.

In the 90’s he was part of the team of economists from the World Bank who advised the transition of Eastern Europe Countries to a modern market economy. He also worked as an economic adviser for Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua, and as a consultant for the United Nations, ECLAC, IBD and the International Monetary Fund.


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