Manuel Sánchez (economist)
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Manuel Sánchez (
Monterrey Monterrey ( , ) is the capital and largest city of the northeastern state of Nuevo León, Mexico, and the third largest city in Mexico behind Guadalajara and Mexico City. Located at the foothills of the Sierra Madre Oriental, the city is anchor ...
,
Nuevo León Nuevo León () is a state in the northeast region of Mexico. The state was named after the New Kingdom of León, an administrative territory from the Viceroyalty of New Spain, itself was named after the historic Spanish Kingdom of León. With a ...
, July 27, 1950) is a Mexican economist with a wide-ranging professional career that includes positions in academics, banking, and central banking. He was nominated by President
Felipe Calderón Felipe de Jesús Calderón Hinojosa (; born 18 August 1962) is a Mexican politician who served as the 63rd president of Mexico from 1 December 2006 to 30 November 2012 and Secretary of Energy during the presidency of Vicente Fox between 2003 a ...
Hinojosa on April 23, 2009, as Deputy Governor and member of the Board of Governors a
Banco de México
Mexico's central bank, for a term that ends on December 31, 2016. His appointment was ratified by the Standing Commission of the Mexican Congress on May 27, 2009.


Personal

Manuel Sánchez is the son of Manuel Sánchez (1906–1996) and Josefina González (1916–2013) and is married to Rosina C. Flores, with whom he has three sons: Manuel (1989), Eduardo (1991), and Pablo (1995).


Education

Manuel Sánchez holds a master's degree and Ph.D. in economics from
The University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the be ...
(1983, 1985), where his doctoral thesis adviser was Robert E. Lucas Jr., and his thesis committee was composed of Robert E. Lucas Jr.,
Arnold Zellner Arnold Zellner (January 2, 1927 – August 11, 2010) was an American economist and statistician specializing in the fields of Bayesian probability and econometrics. Zellner contributed pioneering work in the field of Bayesian analysis and econome ...
, and
Lars Peter Hansen Lars Peter Hansen (born 26 October 1952 in Urbana, Illinois) is an American economist. He is the David Rockefeller Distinguished Service Professor in Economics, Statistics, and the Booth School of Business, at the University of Chicago and a ...
. While at Chicago, he also studied with
Gary S. Becker Gary Stanley Becker (; December 2, 1930 – May 3, 2014) was an American economist who received the 1992 Nobel Memorial Prize in Economic Sciences. He was a professor of economics and sociology at the University of Chicago, and was a leader of ...
, Robert W. Fogel, James J. Heckman,
Arnold C. Harberger Arnold Carl Harberger (born July 27, 1924) is an American economist. His approach to the teaching and practice of economics is to emphasize the use of analytical tools that are directly applicable to real-world issues. His influence on academic ec ...
, Sherwin Rosen,
Sanford J. Grossman Sanford "Sandy" Jay Grossman (born July 21, 1953) is an American economist and hedge fund manager specializing in quantitative finance. Grossman’s research has spanned the analysis of information in securities markets, corporate structure, prop ...
, Jacob A. Frenkel, and
Michael L. Mussa Michael Louis Mussa (April 15, 1944 – January 15, 2012) was an American economist and academic. He was chief economist at the International Monetary Fund from 1991 to 2001 and was a member of the Council of Economic Advisers from 1986 to 1988. ...
. In addition, he was a research assistant for Arnold Zellner and teaching assistant for James J. Heckman. He holds a master's of science from the
University of Missouri The University of Missouri (Mizzou, MU, or Missouri) is a public university, public Land-grant university, land-grant research university in Columbia, Missouri. It is Missouri's largest university and the flagship of the four-campus Universit ...
(1979) and received a bachelor's degree in economics with honors from the
Monterrey Institute of Technology and Higher Education Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) ( en, Monterrey Institute of Technology and Higher Education), also known as Tecnológico de Monterrey or just Tec, is a secular and coeducational private university based in ...
(ITESM), Monterrey campus (1976). Throughout his career, he has received numerous academic honors, among them the Earhart Foundation Scholarship (1983–1984), the Milton Friedman Fund and Special UU Scholarship (1983–1984), a scholarship from Mexico's National Council of Science and Technolog
(Conacyt)
1979–1983), and a scholarship from the University of Missouri (1977–1979). He was a PEW Teaching Fellow at The University of Chicago (1982–1983) and received the American Agricultural Economics Association Award for Professional Excellence (1980). He is also a member of the Honor Society of Agriculture
Gamma Sigma Delta Gamma Sigma Delta (), or more fully, the Honor Society of Agriculture, Gamma Sigma Delta, is an honor society for Agriculture students and those in related fields. Founded in 1913, it is the oldest and largest such society for its academic discip ...
(1979).


Career

Between 2006 and 2009, Manuel Sánchez was Director of Investment at Valanza Grupo BBVA, the private equity unit of BBVA. He joined Grupo Financiero Bancomer, today Grupo Financiero BBVA Bancomer, in 1993 as Director of Financial Analysis and Investor Relations. From 1994 to 1998, he was Director of Planning and Finance for the Group's Retail Banking division. From 1998 to 2004, he was the Group's Corporate Director of Economic Studies, and between 2004 and 2006, he held the post of Director of Business Projects. Previously, from 1989 to 1993, he headed the Center for Analysis and Economic Research at Mexico's Autonomous Institute of Technolog
(ITAM)
From 1986 to 1989, he held the post of Manager of Economic Studies for Grup
Grupo Vitro
Between 1985 and 1986, he worked as an assistant professor in the department of economics at
Boston College Boston College (BC) is a private Jesuit research university in Chestnut Hill, Massachusetts. Founded in 1863, the university has more than 9,300 full-time undergraduates and nearly 5,000 graduate students. Although Boston College is classifie ...
, and between 1984 and 1985, he was a full-time member of department of economics at the Autonomous University of Nuevo Leó
(Universidad Autónoma de Nuevo León)
In 1977, Manuel Sánchez was an economist at the industrial conglomerat
Grupo Alfa
and a professor of economics at the University of Monterre
(Universidad de Monterrey)
He has also taught part-time at the ITAM, the Monterrey campus of the ITESM, and the Autonomous University of Nuevo León.


Other professional activities

Manuel Sánchez has participated in the administration of many institutions. Between 2011 and 2014, he was a member of the Board of Directors of the
Banco Latinoamericano de Comercio Exterior Banco Latinoamericano de Comercio Exterior, S.A. (English: Foreign Trade Bank of Latin America, known as Bladex, its commercial trademark) is a multinational bank. Founded in 1977 as Banco Latinoamericano de Exportaciones, S.A. and renamed in June ...
, S. A
(Bladex)
From 1992 to 1994, he was a member of the Board of Directors of Grupo EUREKA, and from 1992 to 1993, a member of the Board of Directors of the Foundation for the Support of the Community. Since 2011, he has been a member of the Global Advisory Board to the Booth School of Business at The University of Chicago, as well as of the National Advisory Board for Financial Inclusion. Between 2006 and 2010, he was president and founder of the organization Friends of The University of Chicago (Amigos de la Universidad de Chicago, A. C.), and from 2002 to 2006, member of the Mexican Commission on Macroeconomics and Health. From 1999 to 2000, he was president of the Mexican Institute of Finance Executives
(IMEF)
National Committee of Economic Studies and Director of the IMEF National Board. Since 1989, he has been a member of the Technical Advisory Board of the Private Sector Center for Economic Studie
(CEESP)
Between 2007 and 2009, he was on the Editorial Board of the IMEF's magazine Ejecutivos de Finanzas and from 2001 to 2009, a member of the Editorial Board of the Mexican newspaper Reforma. Since 2002 he has been a member o

since 2001, of the
Alamos Alliance The Alamos Alliance is a lobbying organization consisting of a group of conservative economists linked to the Chicago Boys, which holds a three-day annual meeting, usually by mid-February, in a town named Álamos, in the Mexican state of Sono ...
, and since 1998, of the IMEF's National Committee of Economic Studies. Since 1998, he has written the column “Razones y Proporciones” for the newspaper Reforma, which focuses on current economic, monetary, and financial issues.


Books

Sánchez, M. (2006)
''Economía Mexicana para Desencantados''
Mexico: Fondo de Cultura Económica. Sánchez, M. y R. Corona (eds.), (1993)
''Privatization in Latin America''
Washington: Banco Interamericano de Desarrollo. Sánchez, M. (ed.), (1993). ''Procesos de Privatización en América Latina'', Washington: ITAM-BID.


Articles

Sánchez, M. (2016)
"The Powers and Limits of Monetary Policy,"
''The Cato Journal'', Vol. 36, No. 2. Sánchez, M. (2016). "La Necesidad de no Repetir la Historia," ''El Trimestre Económico'', Vol. LXXXIII (2), No. 330, April–June. Sánchez, M. (2016). "Political Shifts in Latin America," presented at the Emerging Markets Summit, The University of Chicago Booth School of Business, Chicago, April. Sánchez, M. (2016)
"Memoria de la economía mexicana,"
''Nexos'', February 1. Sánchez, M. (2015). “Monetary Policy Normalisation in the US, the Limits of Macro-prudential Tools and Developing Capital Markets,” ''Central Banking'', 25(4), May. Sánchez, M. (2015). “El Trimestre, un Proyecto en Transformación,” ''El Trimestre Económico'', Vol. LXXXII (3), No. 327, July–September. Sánchez, M. (2014). “El Enigmático Sistema Bancario Mexicano Contemporáneo,” ''El Trimestre Económico'', Vol. LXXXI (1), No. 321, January–March. Sánchez, M. (2013). “Global Financial Stability and Central Bank Cooperation: What Have We Learned? – Presentation,” in ''Central Bank Cooperation at the Beginning of the 21st Century'', Mexico: CEMLA. Sánchez, M. (2013)
"Repaso al Sistema Bancario,"
''Nexos'', November 1. Sánchez, M. (2011)
"Financial Crises: Prevention, Correction, and Monetary Policy,"
''The Cato Journal'', Vol. 31, No. 3. Sánchez, M. (2010). "Estabilidad Financiera, Crecimiento Económico y Política Monetaria," ''E-fecto''; also published in ''Contrapunto, Revista Estudiantil del CIDE'', year 5, March 2011. Sánchez, M. (2010). "Financial Innovation and the Global Crisis," ''International Journal of Business and Management'', 5(11). Sánchez, M. (2010). "La innovación Financiera y la Crisis Mundial," ''El Trimestre Económico'', Vol. LXXVII (3), No. 307, July–September. Sánchez, M. et al., (2010). “The Financial Crisis – Where Are We Now, and What Are the Prospects for Unwinding Public Interventions in the Financial Sector?” in Das, U.S. and M.G. Papaioannou (eds.), ''Unwinding Financial Sector Interventions, Preconditions and Practical Considerations'', Washington: International Monetary Fund. Sánchez, M. (2008). “El Financiamiento del Estado, la Reforma Fiscal y el Crecimiento Económico,” ''Gaceta de Economía'', Instituto Tecnológico Autónomo de México, 14(24). Sánchez, M. (2005)
"The Recent Stabilization Experience in Mexico,"
''The Cato Journal'', Vol. 25, No. 1. Sánchez, M. (2004)
"Estadística de Valores y Creencias Mundiales,"
''Letras Libres'', November. Sánchez, M. (2002)
“The Need for Monetary Reform in Mexico,”
''The Cato Journal'', Vol. 22, No. 2; also published in ''The ICFAI Journal of Monetary Economics'', Vol. II, No. 2. Sánchez, M. and N. Karp (2002). “Inflación Política Monetaria y Unión Monetaria en México,” in Sebastián, M. (ed.), (2002). ''Ensayos sobre Colombia y América Latina'', Madrid: BBVA. Sánchez, M. (2001). “Two Cheers for Mexico's Tax Reform,” ''The Wall Street Journal'', March 30.


External links


The résumé of Manuel Sánchez on the Bank of Mexico's website
* Manuel Sánchez González Wikipedia (versión en Español)
Bank of Mexico




* ttp://www.bis.org/list/cbspeeches/index.htm Bank for International Settlements: Central Bankers' Speeches


References

{{DEFAULTSORT:Sanchez, Manuel 1950 births Living people Mexican economists University of Missouri alumni Monterrey Institute of Technology and Higher Education alumni Earhart Foundation Fellows