Career
Currently, Ricardo Hausmann is director of the Center for International Development (CID) at Harvard University and Professor of the Practice of Economic Development at the Harvard Kennedy School of Government. He also holds the George A. Cowan chair at the Santa Fe Institute. Between 2005 and 2008 he chaired the International Panel on the Accelerated and Shared Growth Initiative for South Africa, an international panel of economists called upon by South African government to advise their economic growth program. He also teaches two development-related subjects: Development Policy Strategy and Why Are So Many Countries Poor, Volatile, and Unequal?. Concurrently with his position at CID, Hausmann has also held several positions at profit and non-profit organizations: he was a member of the board of Venezuela's full-service telephone company CANTV (2001-2007), of microfinance institution ACCION International (2009-2011), and of the advisory board of Abengoa, a renewable energy and engineering company based in Spain. From 2010 to 2011, he was also the elected president of the Latin-American and Caribbean Economic Association.
At CID, Hausmann has concentrated his research efforts in two broad areas: the underlying determinants of macroeconomic volatility, financial fragility and crises; and the determinants of long run growth. Themes he has been exploring include the causes of growth accelerations and collapses; the causes and consequences of original sin; Growth Diagnostics, the process of structural transformation and the Product Space; and global imbalances and dark matter. Country-specific studies he has been involved with have included projects on Argentina, Armenia, Azerbeidjan, Belize, Brazil, Colombia, Chile, China, El Salvador, Egypt, Guatemala, India, Kazakhstan, Mexico, Morocco, Paraguay, Perú, South Africa, Tunesia, Venezuela and the U.S.. He also works on gender issues and has been a co-author of the World Economic Forum's yearly Global Gender Gap Report since its creation in 2006.
Before coming to Harvard in September 2000, Hausmann served as the first Chief Economist of the Inter-American Development Bank (1994–2000), where he created the Research Department. From 1992 to 1993, he served as Minister of Planning of Venezuela and as a member of the Board of the Central Bank of Venezuela. Around the same time, he was Chair of the IMF-World Bank Development Committee. From 1985 to 1991, he was Professor of Economics at the Instituto de Estudios Superiores de Administracion (IESA) in Caracas, where he founded the Center for Public Policy. Hausmann earned a Bachelor's degree in Engineering and Applied Physics (1977) and a PhD in Economics (1981) at Cornell University.
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