Luis Carranza

Luis Carranza Ugarte
Minister of Economy and Finance
In office January 19, 2009 – December 22, 2009
President	Alan García
Prime Minister	Yehude Simon Javier Velásquez
Preceded by	Luis Valdivieso Montano
Succeeded by	Mercedes Aráoz
In office July 28, 2006 – July 14, 2008
President	Alan García
Prime Minister	Jorge Del Castillo
Preceded by	Fernando Zavala
Succeeded by	Luis Valdivieso Montano
Deputy Minister of Finance
In office August 22, 2004 – August 17, 2005
President	Alejandro Toledo
Prime Minister	Carlos Ferrero
Minister	Pedro Pablo Kuczynski
Preceded by	Kurt Burneo
Succeeded by	Waldo Mendoza Bellido
Member of the Central Reserve Bank of Peru Board of Directors
In office March 2, 2004 – January 25, 2006
Appointed by	Alejandro Toledo
Personal details
Born	(1966-12-21) 21 December 1966 (age 57) Lima, Peru
Political party	Independent
Alma mater	Pontifical Catholic University of Peru (BA) University of Minnesota (MA, PhD)
Occupation	Economist Banker

Luis Julián Martín Carranza Ugarte (born December 21, 1966) is a Peruvian economist, banker and academic. He served as Minister of Economy and Finance of Peru in the second presidency of Alan García, from July 2006 to July 2008 and from January to December 2009.^[1] During his first tenure, he championed several structural economic reforms that proved extremely successful. Peru achieved their highest continued average growth rates in recent history (8% average), the FTA with the USA was signed, technology and productivity gains in the country were the highest ever in recorded Peruvian history (40% yearly increments in capital investment), and poverty dropped dramatically (from 52% to 34% of total population). He was re-appointed in January 2009, during the Great Recession. Before being appointed Minister, Carranza was BBVA chief economist for Latin American and emerging markets.