Santiago Levy

“Can Income Transfer Programs for the Poor Eradicate Poverty?”

Date:  Monday, March 29

Time:  11:00 am to 12:20 pm

Location:  School of Management Building (SMG), Room 326

Picture of Santiago levy

Mexican economist Santiago Levy Algazi serves as the Vice President for Sector and Knowledge of the Inter-American Development Bank (IDB). At the IDB, he has also served as General Manager and Chief Economist for the Research Department.

Prior to joining the IDB, he was General Director at the Mexican Social Security Institute (IMSS).  Under his tenure, he promoted changes to the Social Security Act to increase transparency and accountability in IMSS finances and create long-term reserves.  From 1994 to 2000, Levy served as the Deputy Minister at the Ministry of Finance and Public Credit of Mexico, becoming the main architect of the renowned social program Progresa-Oportunidades that benefits the poor.  Other previous positions include President of the Federal Competition Commission and Director of the Economic Deregulation Program at the Ministry of Trade and Industrial Promotion.

Levy holds a Ph.D. in economics from Boston University and a Masters in political economy from the same university.

Levy has advised several governments and international organizations and has held a number of teaching positions, including faculty positions at the Instituto Tecnológico Autónomo of Mexico and Boston University, where he was Associate Professor and Director of the Institute for Economic Development.

He is the author of at least 75 articles, monographs and book chapters on such diverse subjects as poverty reduction, competitiveness, foreign exchange policy, export imbalances, pricing, microeconomics and energy. His paper Poverty in Mexico won the 1992 National Research Prize in Economics awarded by the Bank of Mexico.

His recent published books are Good Intentions, Bad Outcomes: Social Policy, Informality and Economic Growth in Mexico, Brookings Institution Press, 2008; Progress against Poverty: Sustaining Mexico’s Progresa-Oportunidades Program, Brookings Institution Press, 2006; Sin Herencia de Pobreza, Editorial Planeta, 2005 (with Evelyne Rodríguez); and Ensayos sobre el Desarrollo Económico y Social de México, Fondo de Cultura Económica, Mexico, 2004.