Otaviano Canuto
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Otaviano Canuto dos Santos Filho (born 5 January 1956) is a Brazilian
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
. He is the executive director at the executive board of directors of the World Bank Group and its affiliates, the same position he held from 2004 to 2007. He previously served as executive director at the Board of the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...
(IMF) for Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Timor Leste and Trinidad and Tobago, as vice-president and Head of the Poverty Reduction and Economic Management (PREM) and as Senior Adviser on
BRICS BRICS is an acronym for five leading emerging economies: Brazil, Russia, India, China, and South Africa. The first four were initially grouped as "BRIC" (or "the BRICs") in 2001 by Goldman Sachs economist Jim O'Neill, who coined the ter ...
Economies at
The World Bank The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Grou ...
, and as the State Secretary for International Affairs at the Ministry of Finance of Brazil (2002 - 2003).


Awards and honours


Education

Canuto obtained a bachelor's degree in economics from the Federal University of Sergipe, Brazil, where he studied from 1973 to 1976. He proceeded to earn a Master of Arts in economics at Concordia University, Montreal, P.Q, Canada in 1979 to 1981. Canuto earned a PhD in economics at the University of Campinas (UNICAMP), Campinas-SP, Brazil, where he studied from 1986 to 1991.


Career

Canuto began his career as professor, teaching macroeconomics, international economics and the Brazilian economy at The
University of São Paulo The University of São Paulo ( pt, Universidade de São Paulo, USP) is a public university in the Brazilian state of São Paulo. It is the largest Brazilian public university and the country's most prestigious educational institution, the best ...
and at the University of Campinas (UNICAMP) from 1982 to 2002, as well as at the
Federal University of Uberlândia The Federal University of Uberlândia ( pt, Universidade Federal de Uberlândia, UFU) is a Brazilian public university, located in the southwest of Minas Gerais, in Uberlândia, Brazil. The students are admitted through both annual exams, the v ...
from 1982 to 1988. In 2002 he joined the Brazilian Ministry of Finance as the State Secretary for International Affairs, a position which he held through 2003. In his capacity as Deputy Minister of Finance, Canuto managed multilateral affairs, relationships with other governments, and institutional relations with foreign investors. He also coordinated the technical contribution of the Ministry of Finance to the Brazilian government's foreign trade negotiations. In 2004, Canuto was appointed executive director at the Board of
The World Bank The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Grou ...
, a position he held until 2007. In this capacity, he was responsible for the conduct of The World Bank's general operations, performing duties under powers delegated by the Board of Governors. During this period he also served as vice-chairman of the Audit Committee and Chairman of the Budget Committee of the World Bank. Canuto joined the
Inter-American Development Bank The Inter-American Development Bank (IDB or IADB) is an international financial institution headquartered in Washington, D.C., United States of America, and serving as the largest source of development financing for Latin America and the Caribb ...
(IDB) in 2007 as vice-president for Countries where he led the development of relationships between the IDB and borrowing countries, as well as campaigns to formulate the IDB's country and regional strategies. Canuto returned to
The World Bank The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Grou ...
in 2009 as vice-president. As head of the Poverty Reduction and Economic Management Network (PREM), he was responsible for a division of more than 700 economists and public sector specialists working on economic policy advice, technical assistance, and financial operations with The World Bank's client countries. In 2013, he transitioned to Senior Adviser on
BRICS BRICS is an acronym for five leading emerging economies: Brazil, Russia, India, China, and South Africa. The first four were initially grouped as "BRIC" (or "the BRICs") in 2001 by Goldman Sachs economist Jim O'Neill, who coined the ter ...
Economies, a new position established by President Jim Yong Kim to bring a fresh research focus to emerging markets and, in particular, economies of BRICS countries. in 2016, he transitioned from executive director at the board of the IMF for Brazil, Cabo Verde, Dominican Republic, Ecuador, Guyana, Haiti, Nicaragua, Panama, Suriname, Timor Leste and Trinidad and Tobago to become the executive director at the executive board of directors of the World Bank Group and its affiliates.


Publications

Canuto is the author, co-author or editor of numerous books including ''Until Debt Do Us Part: Subnational Debt, Insolvency, and Markets'' with co-author Lili Liu, Dealing with the Challenges of Macro Financial Linkages in Emerging Markets, The Day After Tomorrow and ''Ascent after Decline: Regrowing Global Economies after the Great Recession'' (co-edited with Danny M. Leipziger). * * He is also a frequently contributor to economic-oriented blogs and periodicals including ''
The Huffington Post ''HuffPost'' (formerly ''The Huffington Post'' until 2017 and sometimes abbreviated ''HuffPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and ...
'', ''
VoxEU The Centre for Economic Policy Research (CEPR) is an independent, non‐partisan, pan‐European non‐profit organisation. Its mission is to enhance the quality of policy decisions through providing policy‐relevant research, based soundly in e ...
'', ''
Roubini Global Economics Roubini Global Economics (RGE), was a small economic consultancy for financial analysis.Daniel Altman (October 8, 2012)"Nouriel Roubini; He may not be perfect, but there's never been a better time to be in the prophet of doom business,"''Foreig ...
'', ''Seeking Alpha'', Project Syndicate, and '' No Se Mancha''.


References


External links


TCE SERGIPE
Conselheiro prestigia homenagem ao economista Otaviano Canuto.
Para onde vai a economia brasileira, segundo Otaviano Canuto
EXAME-Abril.
EconoMonitorWorld Bank Blogs
Blogging on: Let's Talk Development, People Move, Voices
Bio for Otaviano Canuto, World Bank Vice President
Poverty Reduction and Economic Management (PREM) Network
Otaviano Canuto, World Bank Group: Macroeconomics and Stagnation – Keynesian-Schumpeterian Wars
Cfi . co
Otaviano Canuto: Executive Profile & BiographyForecast 2015 Speaker Biography
Otaviano Canuto Senior Advisor on BRICS in the Development Economics Department The World Bank * {{DEFAULTSORT:Canuto, Otaviano International Monetary Fund people World Bank people University of São Paulo faculty People associated with the State University of Campinas Federal University of Sergipe alumni Concordia University alumni Brazilian economists 1955 births Living people Brazilian officials of the United Nations