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FCG International Economics 2006: LUIS ÁNGEL ROJO

 “Because of his contributions to economic theory and policy in Spain. Professor Rojo is a recognized academic authority in the field of economics and has contributed to the training of generations of the best economists in our country.  During his fruitful career in the Bank of Spain, where he occupied the positions of both Deputy Governor and Governor- he also exercised considerable influence on monetary and economic policy, marked notably by the opening up of the Spanish market and the stability of the Spanish economy, contributing to economic growth and the wellbeing of society in recent decades”, according to the jury that met in Valladolid on June 30, 2006, chaired by, Professor Carlos Rodríguez Braun; Professor of the History of Economic Thought at the Complutense University in Madrid; Mr. Santiago Alonso Paniagua, member of the Board of Directors of ABC newspaper; Mr. Lucas Hernández Pérez, Director General of the Caja de Ahorros de Salamanca y Soria (Caja Duero Savings Bank); Mr. Francisco Javier León de la Riva, Mayor of Valladolid, Mr. Jaime Pérez Guerra; Director International de Communication at Iberia Airlines.

LUIS ÁNGEL ROJO - Biography

R.I.P., Most influential and prestigious economist of hisgeneration. Deceased in 2011.

 Luis Ángel Rojo was born in Madrid on 6th May 1934.  In that city he graduated in Law  in 1957 and later obtained his doctorate degree in Economic Science from the University of Madrid.  He also undertook postgraduate studies in the London School of Economics.  He is married to a professor of Political Science and has three children: Fernando (a biochemist), Luis (an architect in Rafael Moneo’s studio) and María Luisa (a painter).

He was a State Trade Technician since 1957 and in 1966 he became Professor of Economic Theory at the Complutense University in Madrid (UCM), where he trained many generations and introduced Keynes’ theories.

A short while later, in 1971, he became a member of the Board of the Bank of Spain and was named Director General of its Study Service (a position which he occupied for 17 years).  In 1988, he was chosen Deputy Governor of that organization, in substitution of Juan Antonio Ruiz de Alda -who had died in a traffic accident. He occupied that position until 1992 when he was named Governor of the Bank, a position from which he directed the change from the Peseta to the Euro, the common European currency.  Since July 1994 he has been Vice President of the European monetary Institute (EMI).

He is a numbered Academic of the Royal Spanish Academy of Moral and Political Science as well as of the Royal Academy of Spanish. In 1984, he was awarded the “I King Juan Carlos Economics Award”.