Luis Escobar Cerda Explained

Luis Escobar Cerda
Image Name:Luis Escobar 1984.jpg
Caption:Escobar in 1984
Office1:Minister of Finance of Chile
Term Start1:22 April 1984
Term End1:12 February 1985
Predecessor1:Carlos Cáceres Contreras
Successor1:Hernán Büchi
President1:Augusto Pinochet
Office2:Minister of the Economy, Development and Reconstruction
Term Start2:26 August 1961
Term End2:26 September 1963
President2:Jorge Alessandri
Birth Date:1927 2, df=y
Birth Place:Santiago, Chile
Death Place:Santiago, Chile
Party:Independent (since 1970)
Otherparty:Radical Party of Chile (before 1970)
Spouse:María Inés Fritzsche
Helga Koch (second wife)
Children:5
Alma Mater:University of Chile
Harvard University
Profession:Economist
Businessman
Academic

Luis Escobar Cerda (10 February 1927 – 24 August 2024) was a Chilean economist, academic, businessman, and consultant. He served as Minister of the Economy, Development and Reconstruction from 1961 to 1963 under President Jorge Alessandri, where he led the reconstruction of Valdivia following the city's destruction in the 1960 Valdivia earthquake. He later became Minister of Finance from 1984 until 1985 during the military dictatorship of Augusto Pinochet.[1]

Cerda also served as the dean of the department of economics at the University of Chile from 1955 until 1964.[1] He was a member of the Radical Party of Chile until 1970, when he left the party and became a political independent.[1]

In an interview with the El Mercurio newspaper, his son, Luis Eduardo Escobar, stated that his father "always considered himself a social democrat, although his two positions were from right-wing governments [Alessandri and Pinochet]."[1]

Escobar died in Santiago on 24 August 2024, at the age of 97.[1]

Notes and References

  1. News: Marcelo . Silva . Muere a los 97 años Luis Escobar Cerda, exministro de Hacienda y Economía . . 25 August 2024 . 22 September 2024 . https://web.archive.org/web/20240914190105/https://www.emol.com/noticias/Nacional/2024/08/25/1140732/muere-luis-escobar-ex-ministro.html . 14 September 2024 . live.