Miguel Castilla
Encyclopedia
Luis Miguel Castilla Rubio is a Peru
Peru
Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....

vian economist and politician. He is the incumbent Minister of Economy and Finance of Peru, serving under President Ollanta Humala
Ollanta Humala
Ollanta Moisés Humala Tasso is a Peruvian politician and the President of Peru. Humala, who previously served as an army officer, lost the presidential election in 2006 but won the 2011 presidential election in a run-off vote...

.

Educated in North America, and bilingual in Spanish and English, Miguel Castilla holds a B.A. with Honors in Economics and Business Administration from the McGill University
McGill University
Mohammed Fathy is a public research university located in Montreal, Quebec, Canada. The university bears the name of James McGill, a prominent Montreal merchant from Glasgow, Scotland, whose bequest formed the beginning of the university...

 in Montreal, Canada, a Master's degree in the Global Crisis and Financial Reform program of the Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

, and a Ph.D. in Economics from the Johns Hopkins University
Johns Hopkins University
The Johns Hopkins University, commonly referred to as Johns Hopkins, JHU, or simply Hopkins, is a private research university based in Baltimore, Maryland, United States...

 in Baltimore, Maryland. He has held the positions of consultant to the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

 vice president for North Africa and the Middle East, adviser to the executive chair of the Andean Development Corporation
Corporación Andina de Fomento
CAF – Latin American development bank – has the mission of stimulating sustainable development and regional integration by financing projects in the public and private sectors, and providing technical cooperation and other specialized services...

 (CAF), and director of the Bank of the Nation
Bank of the Nation (Peru)
The Bank of the Nation, known in Spanish as the Banco de la Nación, is the bank which represents the Peruvian government in financial transactions in both the public and private sectors, as well as at both domestic and international levels. It is an entity belonging to the Peruvian Ministry of...

 of Peru. He has been a lecturer at the Johns Hopkins University and the University of the Pacific
University of the Pacific (Peru)
University of the Pacific is a small private university in the Jesús María District of Lima, Peru. It was established in 1962 by a group of Peruvian entrepreneurs supported by the Society of Jesus...

 in Lima.

In the administration of President Alan García, Castilla has served as deputy minister of Finance under minister Mercedes Aráoz
Mercedes Aráoz
Mercedes Rosalba Aráoz Fernández is a Peruvian economist, professor, and politician. She served as Minister of Foreign Commerce and Tourism from 2006 to December 2009, after which she was appointed as Peru's Finance Minister....

from January 2010 to July 2011. On 28 July 2011, newly-elected President Ollanta Humala appointed him as Minister of Economy and Finance. The choice of Castilla – who is characterised as an orthodox pro-market economist – was estimated as a sign for Humala's intention to pursue a reasonable and moderate economic policy and to remove the fears of a radical shift to the left.
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