Professor Luis Garicano to lead team in Spain’s state budget negotiations

Friday, November 18, 2016

Professor Luis Garicano, a leading figure of Spanish liberalism and the coordinator of the Economic and Social Programme of the political party Ciudadanos, has been announced by Ciudadanos’ president Albert Rivera, to lead their team in the negotiations of Spain’s state budget. Spain is under pressure from the European Commission to submit a 2017 budget in line with its deficit target before the end of the year.

Garicano is Programme Director for the MSc Economics and Management programme and a CEPR Fellow in the Industrial Organisation programme. He earned two bachelor's degrees, one in economics in 1990 and one in law in 1991, both from Universidad de Valladolid in Spain. He earned a master's degree in European economic studies from the College of Europe in Belgium in 1992. He then moved to the United States, where he earned a master's degree in economics in 1995 and a PhD in economics in 1998, both from the University of Chicago. He joined the faculty of the University of Chicago Booth School of Business in 1998, initially as Assistant Professor, progressing to Associate Professor in 2002 and full Professor in 2006.

During his time at Chicago Booth he took leave to teach at the Sloan School of Management at the Massachusetts Institute of Technology (MIT), as well as London Business School. He joined LSE in 2007, initially as Director of Research in the Department of Management. He has also worked as an economist for the Commission of the European Union and has been involved in efforts to promote structural reforms in the Spanish economy. In particular he has co-authored proposals to reform the labour markets, housing markets, and the pension and health systems. He recently wrote a best-selling book on these reforms "El Dilema de Espana", (Destino 2014)

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