Ricardo Hausmann 256 Beacon Street, Apt. 4 Boston, MA 02116 Tel: (617)236-4744 (h) - (617)496-3740 (o) October 2005-Present Director of the Center for International Development Kennedy School of Government, Harvard University September 2000-Present Professor of the Practice of Economic Development Kennedy School of Government, Harvard University 1994-August 2000 Chief Economist Inter-American Development Bank 1992-June 1993 Minister of State and Head of the Presidential Office of Coordination and Planning Member of the Board, Central Bank of Venezuela Governor for Venezuela, World Bank Governor for Venezuela, Inter-American Development Bank Chairman, Joint Ministerial Committee for Development of the International Monetary Fund and the World Bank 1985-1992 Professor of Economics Instituto de Estudios Superiores de Administración, Caracas Teaching at the Masters Level: Microeconomics, Advanced Microeconomics, Open-Economy Macro, Public Finance 1989-1991 Advisor on monetary and exchange rate policy to the President of the Central Bank of Venezuela 1988-1991 Visiting Fellow, Institute of Economics and Statistics St. Anthony's College, Oxford 1987-1988 Economic Advisor, Presidential Commission on State Reform (COPRE) 1984-1985 General Director for Short-Term Planning Ministry of Planning and Coordination Responsibilities: Economic Cabinet Secretary, Coordinator of the Yearly Plan, Member of the Medium-Term Planning Committee 1981-1984 Assistant Professor of Economics Centro de Estudios de Desarrollo Universidad Central de Venezuela Teaching at the Masters Level: Macroeconomics, Venezuelan Economy, Economic Planning 1980-1981 Visiting Fellow, CEPREMAP, Paris 2 Education 1977-1981 Cornell University, Graduate School, Department of Economics Fields of Concentration: Macroeconomics, Economic Development, Regional Planning Degrees: MA (1980); Ph.D. (1981) Dissertation: Oil Rent and Capital Accumulation in the Venezuelan Economy 1973-1977 Cornell University, School of Engineering Department of Engineering and Applied Physics Degree: B.Sc. in Engineering and Applied Physics Corporate Boards Member of the Board and of the Executive Committee, CANTV, Venezuela’s full service telecommunication company Academic Associations Member, Standing Committee, Latin American Chapter of the Econometric Society (1993-98) Chairman, Latin American Meeting of the Econometric Society (1994) President of the Latin American Chapter of the Econometric Society (1996-97) Member of the Board of the Latin American and the Caribbean Economic Association (LACEA, 1994-2001) Recent Publications Books Other People’s Money: Debt Denomination and Financial Fragility in Emerging Markets. Edited by Ricardo Hausmann and Barry Eichengreen. University of Chicago press, 2005. Fundacion Salvadorena para el Desarrollo Economico y Social, (Co-authored by Ricardo Hausmann). Estrategia y Economia Social 2004-2009 Oportunidades, Seguridad y Legitimidad: Bases para el Desarrollo. 2003. Global Finance from a Latin American Viewpoint. Edited by Ricardo Hausmann and Ulrich Hiemenz. IDB /OECD press, 2000. Wanted: World Financial Stability. Edited by Eduardo Fernandez-Arias and Ricardo Hausmann. IDB/Johns Hopkins University Press, 2000. Democracy, Decentralization and Deficits in Latin America. Edited by Ricardo Hausmann and Kiichiro Fukasaku. OECD press, 1998. 3 Promoting Savings in Latin America. Edited by Ricardo Hausmann and Helmut Reisen. OECD press, 1997. Banking Crises in Latin America. Edited by Ricardo Hausmann and Liliana Rojas-Suárez. Inter- American Development Bank, 1996. Securing Stability and Growth in Latin America: Policy Issues and Prospects for Shock-Prone Economics. Edited by Ricardo Hausmann and Helmut Reisen. IDB/OECD press, 1996. Volatile Capital Flows: Taming Their Impact on Latin America. Edited by Ricardo Hausmann and Liliana Rojas-Suárez. Johns Hopkins University Press, 1996. Government Spending and Income Distribution in Latin America. Edited by Ricardo Hausmann and Robert Rigobon. Johns Hopkins University Press, 1993. America Latina, Alternative Para La Democracia. With Alexis Alzuru, Julia Barragan, and Juan Carlos Rey. Monde Avila Editores, 1992. Shocks Externos y Ajuste Macroeconomico. Ricardo Hausmann. Prologue by Rudiger Dornbusch, Ediciones IESA/Banco Central de Venezuela, 1992. Recent Papers and Book Chapters Hidalgo, C. A., B. Klinger, A. L. Barabasi, and Ricardo Hausmann. "The Product Space Conditions the Development of Nations." Science 317(5837): 482-487, 27 July 2007. Hausmann, Ricardo, Jason Hwang and Dani Rodrik (2006) “What you Export Matters,” in Journal of Economic Growth, Vol. 12. No. 1, (March) 2007, pp. 1-25. Ricardo Hausmann. Commentary on “Monetary policy challenges for Turkey in the European Union accession process” by Fatih Ozatay. In Macroeconomic Policies for EU Accession. Edited by Erdem Basci, Subidey Togan and Jurgen von Hagen. Edward Elgar Publishing Limited, Cheltenham, UK, 2007. Ricardo Hausmann, Marco Buti, Max Watson, and Pierre van der Haegen. “Macro policy challenges for Turkey: some comments”. In Macroeconomic Policies for EU Accession. Edited by Erdem Basci, Subidey Togan and Jurgen von Hagen. Edward Elgar Publishing Limited, Cheltenham, UK, 2007. Ricardo Hausmann, Barry Eichengreen and Ugo Panizza. “Currency Mismatches, Debt Intolerance and Original Sin: Why They Are Not the Same and Why it Matters.” In Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences. Edited by Sebastian Edwards. University of Chicago Press, 2007. Ricardo Hausmann and Federico Sturzenegger. “The Valuation of Hidden Assets in Foreign Transactions: Why ‘Dark Matter’ Matters.” Business Economics 42.1 (January 2007). Ricardo Hausmann, Dani Rodrik and Andrés Velasco. “Getting the Diagnosis Right: A New Approach to Economic Reform.” Finance and Development 43.1 (March 2006): 12-15. 4 Ricardo Hausmann, Ugo Panizza and Roberto Rigobon. “The Long-Run Volatility Puzzle of the Real Exchange Rate”, Journal of International Money and Finance 25.1 (February 2006): 93-124. Ricardo Hausmann, Lant Pritchett and Dani Rodrik. “Growth Accelerations” Journal of Economic Growth, 10, 303-329, 2005. Ricardo Hausmann and Dani Rodrik (2005) “Self-Discovery in a Development Strategy for El Salvador”, Economia: Journal of the Latin American and Caribbean Economic Association, 6(1), Fall 2005, 43-102. Ricardo Hausmann, Andrés Rodríguez-Clare and Dani Rodrik (2005) “Towards a Strategy for Economic Growth in Uruguay”, Inter-American Development Bank, Economic and Social Study Series, February 2005. Ricardo Hausmann and Catriona Purfield. “The Challenge of Fiscal Adjustment in a Democracy: The case of India”. In A Sustainable Fiscal Policy for India: An Alternative Perspective. International Monetary Funds, January 2004. Edited by P.S. Helle, and M.G. Rao. Oxford University Press, 2006. Ricardo Hausmann and Andres Velasco. “The Causes of Financial Crises: Moral Failure versus Market Failure”. In The Political Economy of Recurrent Debt. Edited by M.A. Centano, H. James, and J. Londregan. Princeton Institute for International and Regional Studies, 2005. Ricardo Hausmann. “The Dollarization debate: is it over?” In East Asia’s Monetary Future. Edited by Suthiphand Chirathivat, Emil-Maria Clasassen and Jurgen Schroeder, London, UK. Edward Elgar Press, 2004. Ricardo Hausmann, Matias Braun and Lant Pritchett. “Disintegration and the Proliferation of Sovereigns: Are There Lessons for Integration?” In Integrating the Americas. edited by A. Estevadeordal, D. Rodrik, A.M. Taylor, and A. Velasco, Cambridge, MA. Harvard University Press, 2004. Ricardo Hausmann and Roberto Rigobon. “An Alternative Interpretation of the 'Resource Curse': Theory and Policy Implications.” In Fiscal Policy Formulation and Implementation in Oil- Producing Countries. Edited by J.M Davis, R. Ossowski and A. Fedelino. Washington, D.C. IMF press, 2003. Ricardo Hausmann. “Venezuela’s growth implosion: A neo-classical story?” In Search of Prosperity. edited by D.Rodrik. Princeton, NJ. Princeton University press, 2003. Ricardo Hausmann and Ugo Panizza. “On the determinants of Original Sin: an empirical investigation.” Journal of International Money and Finances Vol. 22 (7) 12, (2003). Ricardo Hausmann and Dani Rodrik. “Economic Development as Self-Discovery.” Journal of Development Economics 72.2, (2003): 603-633. Ricardo Hausmann and Eduardo Fernandez Arias. “The Redesign of the International Financial Architecture from a Latin American Perspective: Who Pays the Bills?” In Debating the Global Financial Architecture. Edited by Leslie Elliott Armijo. Albany, NY: State University of New York Press, 2002. 5 Ricardo Hausmann, Ugo Panizza and Ernesto Stein. “Original Sin, Passthrough, and Fear of Floating”. In Financial Policies in Emerging Markets. Edited by Mario I. Blejer and Marko Skreb. Cambridge: MIT Press, 2002. Ricardo Hausmann. “Good Credit Ratios, Bad Credit Rating: the role of debt structure.” In Rule- based Fiscal Policy in Emerging Markets. edited by G. Kopits. London, MacMillan, 2003. Ricardo Hausmann. and Matias Braun. “Financial Development and Credit Crunches: Latin America and the World.” In the Latin American Competitiveness Report 2002, CID-World Economic Forum, 2002. Ricardo Hausmann and Andres Velasco. “Hard Money’s Soft Underbelly: Understanding the Argentine Crisis.” Brookings Trade Forum, 2002. Ricardo Hausmann and Eduardo Fernández-Arias. “Foreign Direct Investment: Good Cholesterol?” IADB WP-417, April 2000. In Foreign Direct Investments Versus Other