Agustín Carstens
Agustín Guillermo Carstens Carstens (born June 9, 1958 in Mexico City ) is a Mexican economist . He has been General Manager of the Bank for International Settlements (BIS) in Basel since December 1, 2017 .
Life
Carstens was born in Mexico City in 1958. He studied economics at the Instituto Tecnológico Autónomo de México and the University of Chicago . In Chicago, he completed his master's degree in 1983 and graduated with a Ph.D. in 1985. As early as 1980 he worked for the Banco de México , where he stayed until 1999. Among other things, he was involved there in the late 1980s in the rescheduling of Mexican national debt into Brady bonds . In 1999 he moved to the International Monetary Fund , where he was Executive Director of the Mexico-led group of countries and from 2003 to 2006 Deputy Director General of the IMF. In 2006 he was appointed Minister of Finance for Mexico as a non-party member. At the suggestion of the Mexican President and with the approval of the Senate, he was appointed the new Governor of the Central Bank on December 28, 2009 with a planned term of office from January 1, 2010 to December 31, 2015.
In 2011, he ran for the post of IMF director together with the French economics and finance minister Christine Lagarde , which was vacated by the resignation of Dominique Strauss-Kahn . Christine Lagarde was elected as his successor.
Since December 1, 2017, he has been General Manager of the Bank for International Settlements in Basel. His term of office is 5 years.
Publications (selection)
- A study of the Mexican peso forward exchange market. (Chicago 1985, PhD thesis)
- Foreign exchange and monetary policy in Mexico, Columbia Journal of World Business 1994
- One Year of Solitude: Some Pilgrim Tales About Mexico's 1994-1995 Crisis, American Economic Review 1996 (together with Francisco Gil-Diaz )
- Capital flows and the financial crisis in Mexico, Journal of Asian Economics 1998.
- Monetary Policy and Exchange Rate Choices for Mexico, Cuadernos de Economía - Latin American Journal of Economics 2000
Others
In April 2012, in his role as Mexico's central bank governor, Carstens said he was surprised that the World Bank had not long since sent a mission to Greece. The World Bank, which has so far only been active in developing and emerging countries, urgently needs to become active in over-indebted industrialized countries.
In February 2018, Carstens said in his role as General Manager of the Bank for International Settlements : "The authorities must be ready to take action against the invasive spread of cryptocurrencies in order to protect consumers and investors. New technology is not to be equated with better technology or This clearly applies to Bitcoin : what was perhaps originally intended as an alternative payment system without state participation has now become a mixture of a financial bubble , Ponzi scheme and environmental disaster . "
Web links
- http://www.agustincarstens.com/
- CV (PDF; 17 kB)
- Patrick Welter: The experienced candidate for the IMF . In: FAZ of June 10, 2011.
Individual evidence
- ↑ Spiegel-Online May 23, 2011: Mexico sends its own candidates into the race
- ↑ French Lagarde becomes the new head of the IMF in: Spiegel Online from June 28, 2011
- ^ Agustín Carstens - General Manager. September 25, 2017, accessed February 6, 2018 .
- ↑ ftd.de April 23, 2012: Europe's decline in the global pecking order ( Memento from April 27, 2012 in the Internet Archive )
- ^ Money in the digital age: what role for central banks? February 6, 2018, accessed February 6, 2018 .
- ↑ Agustín Carstens: Authorities should be ready to act on cryptocurrencies. February 6, 2018, accessed February 6, 2018 .
personal data | |
---|---|
SURNAME | Carstens, Agustin |
ALTERNATIVE NAMES | Carstens Carstens, Agustín Guillermo (full name) |
BRIEF DESCRIPTION | Mexican economist |
DATE OF BIRTH | June 9, 1958 |
PLACE OF BIRTH | Mexico City , Mexico |