Global Macroeconomic Advisory Committee

Most of Luis Valdivieso's professional career was at the International Monetary Fund (IMF), where he worked for 28 years starting in 1980. He held senior management positions in various departments, including Advisor and Division Chief, positions in the Asia and Pacific Department (1999-2008) as well as the European Department (1991 1999), which covered all the countries of the former Soviet Union. Moreover, he held Senior Economist positions in the Policy Development and Review Department (1997-1999), and the Western Hemisphere Department (1980-1987).

During his career at the IMF, he played key roles in the negotiations of several major IMF supported programs, as well as policy consultations, including Indonesia, Malaysia, Bangladesh, Sri Lanka, Cambodia, Laos, East Timor, Russia, Kazakhstan, Tajikistan, Armenia, Turkmenistan, Mexico, Colombia, Trinidad & Tobago, El Salvador and Somalia. In addition to his country policy experience, Mr. Valdivieso worked extensively on international capital market issues and developing countries’ external debt issues, and contributed directly to the design of IMF’s policies on post-conflict assistance, bank restructuring and supervision, monitoring issues related to financial sector reform, anti money laundering issues and terrorism, custom unions, fiscal issues, and data management and dissemination. Mr. Valdivieso also was a Special Technical Advisor to the Ministry of Economy and Finance of Peru in 1991.

Mr. Valdivieso’s was the Ambassador Extraordinary and Plenipotentiary of Peru in the United States from 2009 to 2011, after being Minister of Economy and Finance Peru in 2008 and 2009. In this capacity, he was also Governor for Peru in the Board of Governors of the World Bank and Inter-American Development Bank, as well as Chairman of the Board of the Andean Finance Corporation (CAF), the National Fund for the Financing of the Public Sector Entrepreneurial Activity (FONAFE), and member of the Board of the Peruvian National Retirement Investment Fund (ONP), the Private Investment Promotion Agency (PROINVERSION), and the Inter-ministerial Committee of Social Affairs (CIAS).

Mr. Valdivieso holds a B.A. in Economics from the Catholic University of Peru, and a Ph.D. and an M.A. in Economics from Boston University.

James D. Hamilton has been a professor in the Economics Department at the University of California at San Diego since 1992, where he also served as department chair from 1999 2002. He had previously taught at the University of Virginia.

Professor Hamilton has published articles on a wide range of topics including econometrics, business cycles, monetary policy, and energy markets. His graduate textbook on time series analysis has over 10,000 scholarly citations and has been translated into Chinese, Japanese, and Italian. Academic honors include election as a Fellow of the Econometric Society and Research Associate with the National Bureau of Economic Research. He has been a visiting scholar at the Federal Reserve Board in Washington, DC, as well as the Federal Reserve Banks of Atlanta, Boston, New York, and San Francisco. He has also been a consultant for the National Academy of Sciences, Commodity Futures Trading Commission and the European Central Bank and has testified before the United States Congress.

Professor Hamilton received a B.A. in economics from Colorado College, an M.A. in economics from UC Berkley, and a Ph.D. in economics from UC Berkley.

Mark Elliott is the Mark Schwartz Professor of Chinese and Inner Asian History, Department of East Asian Languages and Civilizations at Harvard University. He is among the very few historians in the United States trained in the use of Manchu language sources, upon which his first book, The Manchu Way (Stanford, 2001), is largely based. His second book, a biography of the Qianlong emperor, was published in 2009. He is at work on a new book examining the connections between the Manchu empire and modern China. Professor Elliott also oversees the Department's instruction in Manchu, Mongolian, and Uyghur. A member of the Committee on Inner Asian and Altaic Studies, Professor Elliott is chair of the Ph.D. Committee on History and East Asian Languages.

Mark Elliott earned a B.A. and M.A. from Yale, and earned his Ph.D. from the University of California, Berkeley.

Gordon H. Hanson is a professor of economics in the Graduate School of International Relations and Pacific Studies and the Department of Economics at the University of California, San Diego (UCSD). He is also a research associate at the National Bureau of Economic Research and coeditor of The Review of Economics and Statistics. Before joining UCSD, he served on the faculties of the University of Michigan and the University of Texas. He is the author of over 50 academic research publications on the economic consequences of immigration, international trade and investment, and other aspects of globalization. He is the author of Why Does Immigration Divide America? Public Finance and Political Opposition to Open Borders (2005) and Immigration Policy and the Welfare System (Oxford University Press, 2002) and Regulating Low-Skilled Immigration in the United States (American Enterprise Institute, 2010).

Professor Hanson received an A.B. in economics from Occidental College, and a Ph.D. in economics from MIT.