Carlos Massad

Carlos Massad has twice been governor of the Central Bank of Chile, from 1967 to 1970 and from 1996 to 2003. He was vice-governor of the Bank from 1964 to 1967.

In 1993 he became executive chairman of the Eduardo Frei Montalva Foundation until he was appointed ministry of health in 1994, the position he held until his appointment as governor of the Central Bank.

Mr. Massad previously worked as consultant member of the Economic Research Evaluation Council at the World Bank (1978-1981), director of the Economics Institute of the University of Chile (1959-1964) and executive director of the International Monetary Fund (1970-1974).

From 1974 to 1992 he has held several posts within the United Nations Economic Commission for Latin America and the Caribbean (Eclac), among them consultant, project coordinator and joint executive secretary.

His many publications include Macroeconomics 1979; Economic Analysis: Introduction to Microeconomics, 1986; Financial System and Resource Allocation: Latin American and Caribbean Experience, 1990; Elements of Economy: Introduction to Economic Analysis, 1993; A Collection of Speeches on People’s Health, 1995; Macroeconomics in an Interdependent World, 2000.

He has also written numerous articles for international periodicals and books.

Mr. Massad has made an active academic contribution, working as professor of Macroeconomics at Los Andes University, 1993; professor of the Economics Faculty at Santiago University, 1982-1990; visiting professor at the Economics Faculty of California University, Los Angeles, 1988; and professor of the Economics School of the University of Chile, 1960 and 1981.

He graduated in business studies and economic sciences from the University of Chile (1954), Master of Arts of Chicago University (1958) and Ph. D. Candidate of this same university (1964).