Igal Magendzo is a leading authority on Chile’s macroeconomy. He has held top-level positions in the public and private sectors as well as in academia, specializing in foreign exchange structures, growth, inflation and their impact on financial markets.
Dr. Magendzo is a partner and chief economist at Pacifico Macroeconomia y Finanzas. He also works with Andres Velasco as one of GlobalSource’s local partners in Chile.
As Macroeconomic Advisor to the Ministry of Finance, he coordinated economic policy during Michelle Bachelet’s first administration, helping to formulate the policies that contributed to the sound financial structure enjoyed by Chile today. Prior to serving at the Finance Ministry, Dr. Magendzo was Manager of Macroeconomic Analysis at the Central Bank, where he provided input for and participated in Central Bank monetary policy meetings. While at the Central Bank, he also headed the modeling and forecasting division.
Dr. Magendzo has taught at University Adolfo Ibáñez in Santiago and has written for numerous international financial journals on topics such as currency unions, dollarization, currency pegs and monetary transmission mechanisms. He was Chief Economist for Latin America at Itau-AM, and has advised and consulted for the IMF, IADB and the World Bank.
He holds a B.A. in economics and political science from the Hebrew University of Jerusalem and a Ph.D. in economics from the University of California at Los Angeles (UCLA).
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