Carlos Fernández Valdovinos (born February 9, 1965, in

Asunción Asunción (, ) is the capital and the largest city of Paraguay. The city stands on the eastern bank of the Paraguay River, almost at the confluence of this river with the Pilcomayo River. The Paraguay River and the Bay of Asunción in the north ...

Paraguay Paraguay, officially the Republic of Paraguay, is a landlocked country in South America. It is bordered by Argentina to the Argentina–Paraguay border, south and southwest, Brazil to the Brazil–Paraguay border, east and northeast, and Boli ...

) is a Paraguayan economist. Between October 2013 and August 2018 he was the president of the

Central Bank of Paraguay The Central Bank of Paraguay () is Paraguay's highest monetary authority, and the country's governing body, in finances and economics. Its headquarters are in Asunción's Las Lomas (Asunción), Carmelitas neighbourhood. The current President ...

Education

Fernández Valdovinos earned his degree in economics from the Universidade Federal do Paraná in 1990. He received his M.Sc. in economics from the

University of Illinois at Urbana–Champaign The University of Illinois Urbana-Champaign (UIUC, U of I, Illinois, or University of Illinois) is a public land-grant research university in the Champaign–Urbana metropolitan area, Illinois, United States. Established in 1867, it is the f ...

in 1994, and his Ph.D. in economics from

University of Chicago The University of Chicago (UChicago, Chicago, or UChi) is a Private university, private research university in Chicago, Illinois, United States. Its main campus is in the Hyde Park, Chicago, Hyde Park neighborhood on Chicago's South Side, Chic ...

in 1999, with the presentation of the doctoral thesis "Inflation and welfare in an endogenously growing economy". Robert E. Lucas (Chairman), Larry Sjaastad, and Fernando Alvarez served as members of the evaluation committee.

Career

Fernández Valdovinos began his career at the Central Bank of Paraguay as the Section Head for Monetary Programming in 1991–1992. He served as an advisor for the managing director of the Economic Research Division in 1999–2001, and was later appointed managing director of the same division in 2001 and served until 2004. Beginning in 2004, Fernández Valdovinos transferred to the

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

headquarters in

Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...

, where he served as senior economist covering

Argentina Argentina, officially the Argentine Republic, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourt ...

until 2006. Later, he served in the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

(IMF) as senior economist covering the EMEA region from 2006 to 2011. Furthermore, he served as the IMF Resident Representative in

Bolivia Bolivia, officially the Plurinational State of Bolivia, is a landlocked country located in central South America. The country features diverse geography, including vast Amazonian plains, tropical lowlands, mountains, the Gran Chaco Province, w ...

and

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

. On October 3, 2013, Fernández Valdovinos was nominated to replace Jorge Corvalan as president of the Central Bank of Paraguay, until August 2018. In October 2018, he was appointed to the Board of Directors of Banco Basa. In the academic field, Fernández Valdovinos was a professor at the

Universidad Nacional de Asunción The Universidad Nacional de Asunción or Mbo'ehaovusu Tetãgua Paraguaygua, abbreviated UNA, anglicized as, The National University of Asuncion, is a public university founded in San Lorenzo, Paraguay. Founded in 1889, it is the oldest and most ...

and

Universidad Católica Nuestra Señora de la Asunción Universidad (Spanish for "university") may refer to: Places * Universidad, San Juan, Puerto Rico * Universidad (Madrid) Football clubs * Universidad SC, a Guatemalan football club that represents the Universidad de San Carlos de Guatemala ...

. He has also lectured at

Georgetown University Georgetown University is a private university, private Jesuit research university in Washington, D.C., United States. Founded by Bishop John Carroll (archbishop of Baltimore), John Carroll in 1789, it is the oldest Catholic higher education, Ca ...

and the

, with the doctoral thesis "Inflation and welfare in an endogenously growing economy".

Honors and awards

* Central Bank Governor of the Year 2018 - Central Banking *Central Bank Governor of the Year 2017 - Central Banking * Central Banker of the Year, Americas 2017 – The Banker * Best Central Banker 2016 – Global Finance * Best Central Banker 2015 – Global Finance

Publications

* Año nuevo, mundo nuevo (2019) *¿Quo vadis, Paraguay? (2018) *Las cuatro C de los Bancos Centrales (2018) *La revolución Fintech (2018) *En busca de la IED perdida (2017) *Paraguay: Regulator Statement (2016) * Paraguay: Más allá de la Estabilidad Macroeconómica. Logros y desafíos (2016) * Darwin y las especies (2015) * Paraguay: Central Bank Statement (2015) * No se construye en días de lluvia (2015) * La hormiga y las cigarras (2014) * ¿Estamos listos? (2014) * El Guaraní 70 años de Estabilidad. Una Conquista de la Sociedad (2013) * Inflation Uncertainty and Relative Price Variability in WAEMU Countries (2011) Fondo Monetario Internacional Working Paper No. 11/59 * Economic Growth in Paraguay - Coautor (2006) * Further evidence on Friedman's hypothesis: The case of Paraguay December (2001) Cuadernos de Economía, No. 115. Pontificia Universidad Católica de Chile. * Inflation and economic growth in the long run 16 (2003). Economics Letters Elsevier-North Holland, Vol. 80, No. 2, pp. 167–173.

References

External links

Banco Central del Paraguay

Presidentes del Banco Central del Paraguay
{{DEFAULTSORT:Fernandez Valdovinos, Carlos 1965 births Living people Paraguayan economists Presidents of the Central Bank of Paraguay University of Chicago alumni University of Illinois Urbana-Champaign alumni Economy of Paraguay