Contributor(s): Felipe Larraín Bascuñán | Since March 2010, Felipe Larraín Bascuñán is the minister of Finance of the Government of President Sebastián Piñera. He has a PhD (1985) and Master of Arts (1983) in Economics from Harvard University, and Bachelor of Arts in Economics from Universidad Católica de Chile (1981). He has been a professor of Economics at Universidad Católica de Chile in Santiago, where he previously served as Associate and Assistant Professor. From 1997 to 2002 he was affiliated to Harvard University, first as the Robert F. Kennedy Visiting Professor of Latin American Studies (1997-99), then as Faculty fellow (1999-2002). Since 1985, he has served as economic advisor to several American governments, including Bolivia, Canada, Colombia, Costa Rica, Chile, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Jamaica, Mexico, Nicaragua, Paraguay, Peru and Venezuela. Felipe Larraín has been a consultant on macroeconomic issues to the United Nations, the World Bank, the Economic Commission for Latin America and the Caribbean (ECLAC), the Inter-American Development Bank and the International Monetary Fund. He is the editor and author of ten books, including: Macroeconomics in the Global Economy, co-authored with Professor Jeffrey Sachs, (Prentice Hall:New Jersey; Harvester Wheatsheaf: London, 1993), which has been translated into Chinese, German, Italian, Japanese, Portuguese, Russian and Spanish.