Luis Servén is Senior Adviser in the World Bank’s Research Department, where he manages the research program on macroeconomics and growth. He previously managed the Bank’s regional research program for Latin America and the Caribbean. He has taught at the Universidad Complutense of Madrid, the Sloan School of Management at MIT, and the Center for Monetary and Financial Studies (CEMFI).
He holds a PhD in Economics from MIT. He has published numerous books and journal articles on economic growth, open economy macroeconomics, capital flows, fiscal policy, and saving and investment, His current research focuses on exchange rates and international finance, the microeconomic foundations of growth, and the macroeconomic effects of fiscal policy.
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Gross capital inflows to banks, corporates, and sovereigns
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- Financial Markets
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Global imbalances: Origins and prospects
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- Global crisis ![](../../../../../../../../../../var/folders/34/zq18d8kx7kbgby0j06p_j6t40000gn/T/TemporaryItems/NSIRD_screencaptureui_EM2XPo/Screenshot 2022-01-04 at 17.01.16.png)
- International trade
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Undervaluation through foreign reserve accumulation: Static losses, dynamic gains
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- International trade