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About the authors

Augusto de la Torre
Chief Economist
Latin America and the Caribbean Region, World Bank

Augusto de la Torre

Augusto de la Torre, a national of Ecuador, is the Chief Economist for Latin America and the Caribbean. Since joining the World Bank in 1997, he has held the positions of Senior Advisor in the Financial Systems Department and Senior Financial Sector Advisor, both in the Latin America and the Caribbean region. From 1993 to 1997, Mr. de la Torre was the head of the Central Bank of Ecuador, and in November 1996 was chosen by Euromoney Magazine as the year's "Best Latin Central Banker." From 1986 to 1992 he worked at the International Monetary Fund, where, among other positions, he was the IMF's Resident Representative in Venezuela (1991-1992).

Mr. de la Torre has published extensively on a broad range of macroeconomic and financial development topics. He is a member of the Carnegie Network of Economic Reformers. He earned his M.A. and Ph.D. degrees in Economics at the University of Notre Dame and holds a Bachelors degree in Philosophy from the Catholic University of Ecuador.

Pablo Fajnzylber
Senior Economist
Latin America and the Caribbean Region, World Bank

Pablo FajnzylberMr. Fajnzylber is a senior economist in the Chief Economist's Office of the Latin America and Caribbean Region of the World Bank. Previously, he worked at the Bank's Finance and Private Sector Development Department and at its Development Economics Research Group.

Mr. Fajnzylber has published in various professional journals on a variety of development topics, including the economic impact of workers' remittances, the dynamics of micro-enterprises in developing countries, the impact of international trade on labor demand, and the economic causes of violent crime. He has also contributed to publications on informality and the determinants of economic growth in Latin America.

Before joining the World Bank, Mr. Fajnzylber taught economics at the Federal University of Minas Gerais (Brazil). He also acted as a consultant for the UN Economic Commission for Latin America (ECLAC) and for the World Bank. A Chilean national, Mr. Fajnzylber received his Ph.D. in Economics from Michigan State University (US).

John Nash
Lead Economist
Latin America and the Caribbean Region, World Bank

John NashJohn Nash has been a member of the World Bank staff since 1986, working in Latin America and Caribbean agricultural operations (1986-88); the International Trade Research Group in the Development Economics vice-presidency (1988-1996); and Europe and Central Asia agricultural operations (1996-December, 2001); and Advisor for Commodities and Trade in the Agriculture and Rural Development Department of the Environmentally and Socially Sustainable Development vice-presidency (2002- Dec. 2006). Since January 2007, he has been Lead Economist of the Sustainable Development Department in the Latin America and Caribbean Regional Operations, dealing with issues of rural development, environment, social development, energy, infrastructure, urban development and water supply.

John was previously with the US Federal Trade Commission (1983-88), holding positions including Assistant Director for Trade Regulation Rules and economic advisor to the chairman. Prior to that, he was assistant professor of economics at Texas A&M University (1980-83). John holds an MSc and PhD in economics, from the University of Chicago and a BS in economics from Texas A&M University. He has published on topics such as World Trade Organization (WTO) negotiations and the implications for developing countries; trade policy in Latin America, Africa, South Asia, and transition economies; agricultural policy adjustment; agricultural price policy; commodity price stabilization; and capital mobility.


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