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November 20, 2007 — Ricardo Hausmann has been elected Vice President of the Latin American and Caribbean Economic Association (LACEA).
Hausmann is the Professor of the Practice of Economic Development and Director of the Center for International Development. Previously, he served as the first Chief Economist of the Inter-American Development Bank (1994-2000), where he created the Research Department. He has served as Minister of Planning of Venezuela (1992-93) and as a member of the Board of the Central Bank of Venezuela. He also served as Chair of the IMF-World Bank Development Committee. His research interests include issues of growth, macroeconomic stability, international finance, and the social dimensions of development.
The Latin American and Caribbean Economic Association (LACEA) or Asociación de Economía de América Latina y el Caribe (ADEALC) was founded in July of 1992 in order to encourage greater professional interaction and foster increased dialogue among researchers and practitioners who focus their work on the economies of Latin America and the Caribbean. The idea of creating such an association of economists was first put into action during the April 1991 Washington, D.C. meetings of the Latin American Studies Association by Michael Conroy, then a professor of economics at the University of Texas at Austin. At a meeting attended by close to 40 participants, a seven-member Organizing Committee, led by Nora Lustig, was appointed. LACEA has since grown to an organization with more than 500 active members.
Hausmann’s term will begin on January 1, 2008. After a two-year term as Vice President, he will be inducted as President. The current president, Andres Vélasco, is on leave from the Kennedy School where he is the Sumitomo-FASID Professor of International Finance and Development.