Rosanna María Assunta Costa Costa (born 6 December 1957) is a Chilean

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 ...

, academic, and researcher. She currently serves as the Governor of the

Central Bank of Chile The Central Bank of Chile ( es, Banco Central de Chile) is the central bank of Chile. It was established in 1925 and is incorporated into the current Chilean Constitution as an autonomous institution of constitutional rank. Its monetary policy is ...

and previously held the position of head of the

Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Eco ...

's Budget Office during

Sebastián Piñera Miguel Juan Sebastián Piñera Echenique OMCh (; born 1 December 1949) is a Chilean billionaire businessman and politician who served as president of Chile from 2010 to 2014 and again from 2018 to 2022. The son of a Christian Democratic polit ...

's first presidency from 2010 to 2014.

Early life and education

Born in

Viña del Mar Viña del Mar (; meaning "Vineyard of the Sea") is a city and commune on central Chile's Pacific coast. Often referred to as ("The Garden City"), Viña del Mar is located within the Valparaíso Region, and it is Chile's fourth largest city w ...

, Costa moved to the

capital city A capital city or capital is the municipality holding primary status in a country, state, province, Department (country subdivision), department, or other subnational entity, usually as its seat of the government. A capital is typically a city ...

at a young age. She attended the Saint Gabriel School and later pursued a degree in Economics at the

Pontifical Catholic University of Chile The Pontifical Catholic University of Chile (''PUC or UC Chile'') ( es, Pontificia Universidad Católica de Chile) is one of the six Catholic Universities existing in the Chilean university system and one of the two pontifical universities i ...

, following in the footsteps of her father, Horacio, who had also studied the same field and worked at the state

petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...

company

Empresa Nacional del Petróleo Empresa Nacional del Petróleo, or ENAP (English: ''National Petroleum Company'') is a state-owned company in Chile, based in Las Condes. The company is engaged in the exploration, production, refining, and marketing of hydrocarbons and their deri ...

(ENAP).Diario Financiero (Santiago), 16 de febrero de 2010
/ref> Notable contemporaries during her time at the university included Felipe Larraín and Francisco Pérez Mackenna.

Career

In 1984, Costa joined the Central Bank of Chile and worked in the

National Accounts National accounts or national account systems (NAS) are the implementation of complete and consistent accounting techniques for measuring the economic activity of a nation. These include detailed underlying measures that rely on double-entry ...

Department. She later moved to the Studies department, where she collaborated with economists

Juan Andrés Fontaine Juan Andrés Fontaine Talavera is an economist who was Chilean Minister for the Economy, Development, and Reconstruction under President Sebastián Piñera. Biography Juan Andrés Fontaine Talavera was born in Santiago, Chile. He received a B.A ...

and Francisco Rosende. One of her responsibilities was to ensure compliance with the limits imposed by 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 ...

during Chile's agreement with the organization. She also led the

monetary Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as ...

program team. In 1992, Costa began working at the

neoliberal Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent fa ...

think-tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental org ...

Freedom and Development Institute (Instituto Libertad y Desarrollo). Her research primarily focused on

macroeconomics Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and ...

fiscal policies In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables d ...

, judiciary matters, and labor issues. During President

Michelle Bachelet Verónica Michelle Bachelet Jeria (; born 29 September 1951) is a Chilean politician who served as United Nations High Commissioner for Human Rights from 2018 to 2022. She previously served as President of Chile from 2006 to 2010 and 2014 to 201 ...

's tenure, Costa served as a member of both the Pension Reform Commission and the Equity Commission.

References

{{DEFAULTSORT:Costa, Rosanna 20th-century Chilean economists Chilean journalists Living people 1957 births 21st-century Chilean economists