IMF RESEARCHER

Raphael A.Espinoza

Last Updated: March 11, 2024

Raphael Espinoza is Deputy Division Chief in the Central America Division of the IMF Western Hemisphere Department and an external research associate at the University of Oxford. Previously, he was Deputy Division Chief in the Fiscal Policy Division of the IMF Fiscal Affairs Department. He has worked on a variety of IMF program and near-program countries as well as on research-oriented positions at the IMF and at the European Central Bank. He has also been Assistant Professor in Economics at University College London (UCL), where he was the Director of the Centre for Studies of Emerging Economies, and provided advisory services as a financial stability expert for the central banks of Peru and Colombia. He has published extensively on macroeconomics and economic development issues, including in two books (Macroeconomic Policy in Fragile States, OUP, 2021; The Macroeconomics of the Arab States of the Gulf, OUP, 2013). He holds a PhD in Economics from the University of Oxford.

Email: RESPINOZA@imf.org

Fluent In: French, Spanish.

Education:

PhD in Economics, University of Oxford, 2009

Visiting PhD student, Yale University, 2007

MSc. in Economics for Development, University of Oxford, 2004

Ingenieur des Ponts et Chaussees (MSc. in Applied Mathematics), 2004


Previous Experience:

Deputy Division Chief, Fiscal Policy and Surveillance Division, Fiscal Affairs Department

Senior Economist, European Department, UK desk, IMF, 2018-2019

Director, Centre for Comparative Studies of Emerging Economies, UCL, 2015-2016

Assistant Professor in Economics, University College London (UCL), 2014-2016

Senior Economist/Economist, Research Department, Systemic Issues Division, IMF, 2011-2018

Economist, Strategy, Policy and Review Department, Strategy Unit for Low Income Countries, IMF, 2010-2011

Economist, Middle East and Central Asia Department, Gulf Cooperation Council Division, IMF, 2008-2010

Economist, International Environment Division, European Central Bank, 2007-2008


Field of Expertise:

Development Economics

Monetary Policy

Macro-Financial Issues

Open Economy Macroeconomics