Felipe Larraín

/Felipe Larraín

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Felipe Larraín

An economist with an international reputation, admired for his ability to explain complex concepts clearly and simply. His analytical perspective brings rigor and a forward-looking vision. He combines academic expertise with a commitment to social causes, inspiring confidence in the development of real solutions.

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Who is Felipe Larraín?

Felipe Larraín Bascuñán is a Chilean economist, academic, and politician who has played a key role in his country’s economic policy, particularly as Minister of Finance during two terms in Chile’s recent history. His career is synonymous with technical rigor and a commitment to sustainable economic development, which has established him as one of the most respected figures in the field of public finance in Latin America. With a Ph.D. in Economics from Harvard University, he has combined his academic vision with extensive experience in public administration.

His first term as Minister of Finance, during Sebastián Piñera’s first administration (2010–2014), was marked by the country’s reconstruction following the devastating 2010 earthquake. During this period, Larraín led the implementation of a responsible fiscal policy and an agenda of structural reforms that laid the foundation for a period of economic growth and stability. His tenure was characterized by prudence in public spending, the promotion of private investment, and a long-term vision aimed at protecting the Chilean economy from external fluctuations.

Later, during Sebastián Piñera’s second term (2018–2019), he returned to the Ministry of Finance. In this role, he continued to pursue a policy of austerity and fiscal discipline, seeking to consolidate the government’s finances and promote a favorable investment climate. Despite the brevity of his tenure during this second term, his work was crucial to the passage of tax reform and the modernization of public administration, demonstrating his negotiating skills and his commitment to institutions.

In addition to his career in politics, Larraín has been a prolific scholar. He is a professor at the Pontifical Catholic University of Chile and has published numerous articles and books on macroeconomics, development, and growth, cementing his role as an influential intellectual. His scholarly work has not only enriched the economic debate in Chile but has also served as a guide for public policy formulation in other countries in the region. His career is a testament to the power of fiscal discipline, technical expertise, and visionary leadership in building a stronger and more resilient economy.

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