Luis Carranza
Luis Carranza | |
|---|---|
| Born | Luis Julián Martín Carranza Ugarte December 21, 1966 Peru |
| Occupation(s) | Economist, banker, scholar |
| Known for | Minister of Economy and Finance of Peru |
Luis Julián Martín Carranza Ugarte (born December 21, 1966) is a distinguished Peruvian economist, banker, and scholar. He held the position of Minister of Economy and Finance during President Alan García’s administration from July 2006 to July 2008 and resumed the role from January to December 2009. In his initial tenure, Carranza spearheaded pivotal structural reforms that propelled Peru to its highest sustained economic growth rates, averaging 8%. He played a central role in securing the Free Trade Agreement with the United States and enhancing technological advancement and productivity—capital investment experienced an annual increase of 40%. These initiatives were instrumental in reducing poverty levels significantly, from 52% down to 34%. He was reappointed during the period of the Great Recession. Before assuming ministerial duties, Carranza was the chief economist for Latin America and emerging markets at BBVA.
Education
- Doctorate in Economics, University of Minnesota
- Master’s degree in Economics, University of Minnesota
- Licenciature in Economics, Pontificia Universidad Católica del Perú
- Bachelor’s degree in Economics, Pontificia Universidad Católica del Perú
Other activities
- Visiting professor in the Master’s program for Economics and Finance, Faculty of Economic and Business Sciences, University of Navarra
- Consultant for the Inter-American Development Bank
Past Public Service
- Board member of the Central Reserve Bank of Peru
- Deputy Minister of Finance for the Government of Peru