Dr. Mauricio Cárdenas is Professor of Professional Practice in Global Leadership in the Faculty of International and Public Affairs at Columbia University, and Director of the MPA in Global Leadership. He is also affiliated with Columbia’s Center on Global Energy Policy where he conducts research on energy and climate policy.
Dr. Cárdenas is a recognized expert on Latin America and an economist with vast academic and policymaking experience. As Colombia’s finance minister between 2012 and 2018 he implemented a successful adjustment program that preserved high investment rates and resulted in sharp reductions in poverty and inequality. He led a fiscal reform that cut payroll taxes, triggering an unprecedented increase in formal jobs. He was chosen by Euromoney as finance minister of the year in 2015. In addition to Finance, has been a minister in four other portfolios in Colombia: Economic Development, Transport, Planning (DNP), Mines and Energy.
He has been twice executive director of Fedesarrollo, Colombia’s leading policy research center, and Senior Fellow and Director of the Latin America Initiative at the Brookings Institution. He is also a Distinguished Fellow at the Center for Global Development in Washington D.C.
He has been a member of The Independent Panel for Pandemic Preparedness and Response mandated by the World Health Assembly, 2020-2021. Co-chair of the Taskforce on Carbon Pricing and Net Zero (2021) and Chair of the ‘Doing Business’ External Review Panel (2021). He holds a Ph.D. in Economics from the University of California, Berkeley. He is also a former president of the Latin American and Caribbean Economic Association (LACEA).
He is married and has three daughters.
Some of his most cited publications include “On the effectiveness of capital controls: The experience of Colombia during the 1990s,” Journal of Development Economics, Volume 54, Issue 1, 1997 and his widely used textbook Introducción a la Economía Colombiana, Alfaomega, Bogotá. (4th edition, 2020).