Principal Advisor

Andrew Powell

Andrew Powell is the Principal Advisor in the Research Department (RES). He holds a Ba, MPhil. and DPhil. (PhD) from the University of Oxford. Through 1994 he dedicated himself to academia in the United Kingdom as Prize Research Fellow at Nuffield College, Oxford and Associate Professor (Lecturer) at London University and the University of Warwick. In 1995, he joined the Central Bank of Argentina and was named Chief Economist in 1996. He represented Argentina as a G20/G22 deputy and as member of three G22 working groups (on crisis resolution, financial system strengthening and transparency) in the late 1990’s. In 2001, he returned to academia, joining the Universidad Torcuato Di Tella in Buenos Aires as Professor and Director of Graduate Programs in Finance. He has been a Visiting Scholar at the World Bank, IMF and Harvard University. He joined the IDB’s Research Department in 2005 as Lead Research Economist in 2008 and served as Regional Economic Advisor for the Caribbean Region until returning to the Research Department as the Principal Advisor. He has published numerous academic papers in leading economic journals in areas including commodity markets, risk management, the role of multilaterals, regulation, banking and international finance. Current projects include new papers on capital flows and corporate balance sheets, on sovereign debt restructuring and on the preferred creditor status of multilateral development banks. He is also editing a book on the taxation of commodities in Latin America.

Publications by Topic

Sovereign debt, fiscal policy, ratings and risk

Capital Flows

On the Role of Multilateral Organizations

  • "Liquidity Protection versus Moral Hazard: The Role of the IMF" joint with Leandro Arozamena, Journal of International Money and Finance, December 2003, vol 22, iss. 7, pp.1041-1063. Available here
  • “Countries with international payments’ difficulties: what can the IMF do?”, in, “ The IMF and its Critics ”. Cambridge University Press, 2004 (Feb). eds. C.L. Gilbert and D. Vines.
  • "Positioning the World Bank", with Christopher Gilbert and David Vines, Economic Journal. November 1999, vol 109, no 459, pp598-633. Available here
  • " The World Bank and Conditionality " with C.Gilbert, R. Hopkins and A. Roy, Journal of International Development, 1997, vol 9, no. 4.

Banking

Commodity Markets

Other

Institutional Publications

  • “The changing face of the taxation of non-renewable resources in Latin America” Ed. with Osmel Manzano and Fernando Navajas. Manuscript to be delivered to commercial publisher (ongoing).
  • “Financial Systems to Make Savings Count” with Eduardo Cavallo. Chapter 3 of Savings for Development, IDB 2016 DIA Flagship Publication. Available here
  • “Time to Act: Latin America and the Caribbean Facing Strong Challenges” 2016 IDB Latin American and Caribbean Macroeconomic Report. Coord. Available here
  • “The Labyrinth: How Can Latin America and the Caribbean Navigate the Global Economy” 2015 IDB Latin American and Caribbean Macroeconomic Report. Coord. Available here.
  • “Global Recovery and Monetary Normalization: Escaping a Chronicle Foretold?” 2014 IDB Latin American and Caribbean Macroeconomic Report. Coord. Available here
  • “Rethinking Reforms: How Latin America and the Caribbean Can Escape Suppressed World Growth” 2013 IDB Latin American and Caribbean Macroeconomic Report. Coord. Available here
  • “The World of Forking Paths: Latin America and the Caribbean Facing Global Economic Risks” 2012 IDB Latin American and Caribbean Macroeconomic Report. Coord. Available here
  • “Taxing commodities with the future in mind” with Gustavo Garcia and Osmel Manzano, Chapter 10 of More than Revenues, IDB 2013 DIA Flaghsip Report. Available here
  • The Quality of Life in Latin American Cities: Markets and Perception ”, Ed. with Lora, E., P. Sanguinetti and B. van Praag, 2010 Latin American Development Forum. IDB/World Bank.
  • “Urban Quality of Life: More than Bricks and Mortar” with Eduardo Lora and Pablo Sanguinetti, Chapter 8 of Beyond Facts: Understanding Quality of Life, IDB 2008 DIA Flagship Report. Available here

Blog Posts

On VOX EU www.voxeu.org

On Ideas Matter http://blogs.iadb.org/ideasmatter/

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