## Luis M. Cubeddu

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### Contact
- Address: 4434 Macomb St. NW., Washington DC, 20016  
- Cell: (202) 415-5895  
- Email: lcubeddu@imf.org

### Education
- Ph.D., Economics, University of Pennsylvania, Philadelphia, PA. 1990-95  
  - Concentration: Macroeconomics and Public Finance  
  - Thesis: The Role of Household Composition, Formation and Dissolution in Life Cycle Economies  
  - Advisors: Alan Auerbach, Andrew Abel and Victor Ríos-Rull  
- B.S., Mathematical Sciences, University of North Carolina, Chapel Hill, NC. 1984-88

### Professional experience (International Monetary Fund and academia)
- International Monetary Fund, Washington, D.C., 1997- Present
  - Chief, Open Economy Macroeconomics Division, Research Dept. (Feb. 2016 to present)
    - Chair, External Sector Interdepartmental Coordinating Group.
      - Authored the External Sector Report (2016-18), including its analytical feature.
      - Led refinements to the EBA methodology.
      - Oversaw external assessments of 30 systemic economies.
    - Managed a division with 12 staff members; defined research agenda and led review process of key countries: China, Indonesia, Korea, Malaysia, and Thailand.
    - Division research areas: trade, exchange rate and external adjustments, corporate saving, risks from stock imbalances, measurement of external positions.
    - Coordinated the Department’s New Research Group on Trade.
  - Advisor, Strategy, Policy and Review Dept. (Aug. 2015 to Feb. 2016)
    - Review officer for 15 program and surveillance countries.
    - Coordinator of weekly internal seminar series "What’s Important in Review".
    - Led team on “Review of Access Limits and Surcharge Policies” Board paper.
    - Managed allocation of country assignments for 80+ economists and participated in Economist Program Committee for recruitment.
  - Acting Chief and Deputy Chief, Emerging Markets Division, Strategy, Policy and Review Dept. (Jun. 2013 to Jul. 2015)
    - Led cross-country analytical work on emerging markets to guide policy advice and engagement strategy.
    - Reviewed surveillance and program documents; lead role on Greece, India, Turkey, and Ukraine.
    - Assessed Fund lending instruments and policies; produced Board document reviewing access limits and surcharges.
    - Managed a division with over 25 staff members.
  - Deputy Chief, Regional Studies Division, Western Hemisphere Dept. (2010-13)
    - Produced six issues of the Regional Economic Outlook for Latin America and the Caribbean.
    - Defined research agenda and managed 5-6 economists.
    - Conducted outreach and prepared presentations and speeches for the Department Director (A. Werner, N. Eyzaguirre) and Fund Management.
  - Mission Chief, Nicaragua, Western Hemisphere Dept. (2008-10)
    - Led negotiations on Fund-supported program under difficult political and economic circumstances.
    - Engaged with donors, political parties and civil society in program design and monitoring.
  - Resident Representative, Argentina, Western Hemisphere Dept. (2002-04)
    - Liaised between headquarters and Argentine authorities in negotiation and implementation of a program involving a large debt restructuring.
    - Built relationships with private sector, political opposition, academia and civil society.
  - Desk economist for Argentina, Dominican Republic, Indonesia, Kazakhstan, Mexico (1997-2002)

- Assistant Professor, Economics, Universitat Pompeu Fabra, Barcelona, Spain. 1995-96
- Teaching Assistant, Economics, University of Pennsylvania, Philadelphia, PA. 1992-95
- Visiting Professor, Instituto de Estudios Superiores de Administración (IESA), Venezuela. 1992

### Publications (selection)
- “2019 External Sector Report: The Dynamics of External Adjustment”, July 2019, International Monetary Fund, Washington, D.C  
- “G20 Background Note on Global Imbalances”, June 2019, International Monetary Fund, Washington, D.C.  
- “External Balance Assessment Methodology: 2018 Update” IMF Working Paper, WP 19/65, March 2019, Washington, D.C.  
- “Reinvigorating Trade and Inclusive Growth”; September 2018, Joint paper by IMF, World Bank and WTO, Washington D.C  
- “2018 External Sector Report: Tackling Global Imbalances amid Rising Trade Tensions”, July 2018, International Monetary Fund, Washington, D.C.  
- “2017 External Sector Report”, July 2017, International Monetary Fund, Washington, D.C.  
- “Making Trade an Engine of Growth for All: The case of Trade and for Policies to Facilitate Adjustment”, April 2017, Joint paper by IMF, World Bank and WTO, Washington D.C.  
- “2016 External Sector Report”, July 2016, International Monetary Fund, Washington, D.C.  
- “Latin America: New Challenges to Growth and Stability”, IMF Book, January 2015, Washington, D.C. (co-author and co-editor with D. Iakova, G. Adler, S. Sosa)  
- “Emerging Markets in Transition: Growth Prospects and Challenges”, IMF Staff Discussion Note, June 2014, Washington D.C.  
- Regional Economic Outlook: Western Hemisphere, International Monetary Fund, Washington, DC. (Issues: Fall 2010, Spring 2011, Fall 2011, Spring 2012, Fall 2012, and Spring 2013)  
- “Latin America: Vulnerabilities Under Construction?” IMF Working Paper, WP 12/193, July 2012, Washington, D.C. (with C. Tovar and E. Tsounta)  
- “Laying a lasting foundation for Latin America’s mortgage market”, America’s Quarterly, Fall 2012  
- “Tax Incentives and FDI: Policy Implications for the Caribbean”, Chapter in IMF Departmental Paper: The Caribbean: Enhancing Economic Integration, 2008, Washington D.C (with P. Berkmen)  
- “Families as Shocks”, Journal of European Economic Association, Vol 1 (2-3), April-May 2003 (with V. Rios-Rull)  
- “Pension Developments and Reform in Transition Economies”, IMF Working Paper, WP 98/151, October 1998, Washington, D.C. (with M. Cangiano and C. Cottarelli)  
- “Intragenerational Redistribution in Unfunded Pension Systems” IMF Staff Papers, November 2000, Vol. 47 (1)

### Blogs and commentary (selection)
- Global Imbalances: Avoiding a Tragedy of the Commons, July 2017, IMF Blog  
- Revisiting the Paradox of Capital, March 2017, VOXEU (with E. Boz and M. Obstfeld)  
- Emerging Markets Face Tough Climb Back to Past Growth Levels, June 2014, IMF Survey Article (with C. Oner)  
- Should we be Worried about Financial Stability in Latin America, June 2013, Dialogo a Fondo (with C. Tovar)  
- Latin America and the Caribbean: Dealing with Another Food, October 2012, IMFBlog Insights and Analysis on Economics and Finance (with S. Sosa)  
- Averting Another Credit Boom in Latin America, June 2012, Dialogo a Fondo (with S. Sosa)  
- Latin America: Vulnerabilities Under Construction? May 2012, IMFBlog Insights and Analysis on Economics and Finance (with C. Tovar and E. Tsounta)  
- Today’s Information is Ammunition for Tomorrow, January 2011, IMFBlog Insights and Analysis on Economics and Finance (with C. Tovar)

### Other information
- Advisor to the Editor, IMF Finance and Development.  
- Languages: Fluent in English and Spanish. Working knowledge of Italian.  
- Citizenship: Venezuela (G4 Visa).  
- Marital status: Married with 3 children.

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_Source: https://www.imf.org/-/media/files/cv/pdfs/luis-cubeddu.pdf_
