Agustín Carstens

Agustín Guillermo Carstens Carstens ( born June 9, 1958 in Mexico City) is a Mexican economist of German descent. Since 1 January 2010 he has been governor of the Mexican central bank, Banco de México.

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 graduated from in 1983 as master and graduated in 1985 Ph.D. In 1980 he worked for the Banco de México, where he remained until 1999. Among other things he was involved there in the late 1980s in the rescheduling of sovereign debt in Mexican Brady bonds. In 1999 he joined the International Monetary Fund, there was Executive Director of the group of countries led by Mexico and 2003-2006 Deputy Director General of the IMF. In 2006 he was appointed as a non-party to the Finance Minister of Mexico. At the proposal of the President of Mexico and with the consent of the Senate, he was appointed on 28 December 2009 as the new Governor of the Central Bank with an intended term of office from 1 January 2010 to 31 December 2015.

In 2011 he ran together with the French Economic and Finance Minister Christine Lagarde for the post of IMF head, which was vacant by the resignation of Dominique Strauss -Kahn. Christine Lagarde was chosen as the successor.

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 ( jointly 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 Carstens said in his capacity as Mexico's central bank governor, he was surprised that the World Bank has not already sent a mission to Greece. The World Bank, which has so far worked only in developing and emerging countries, must be active in heavily indebted industrialized countries urgently.