Armando Castelar

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Armando Castelar

Armando Castelar (born November 5, 1955, in Rio de Janeiro, Brazil) is a Brazilian economist who was Head of the Economics Department of the Brazilian Development Bank (BNDES) for eight years, leading the Bank´s research work and advising the Executive Board on macroeconomic issues. He is also a former analyst of Arminio Fraga and his Gávea Investimentos. Since 2010 he has been Coordinator of Applied Economic Research at Instituto Brasileiro de Economia (IBRE)/Fundação Getúlio Vargas (FGV), Brazil's leading think tank,[1] and Professor of Economics at the Federal University of Rio de Janeiro.


Castelar earned a Ph.D. in Economics (University of California, Berkeley), Master's degrees in Statistics (IMPA) and Business Administration (COPPEAD) and a bachelor's degree in Electronic Engineering (ITA).

His current research focuses on macroeconomics, infrastructure regulation, national development banks,[2] and financial services, although past work included studies about financial service firms in Brazil and other emerging economies, privatization, law and economics, and development economics.


  1. ^ McGann, James (January–February 2009). "The Think Tank Index". Foreign Policy. Retrieved 2009-02-20.
  2. ^ Castelar Pinheiro, Armando (August 2, 2012). "ARMANDO CASTELAR PINHEIRO: Brazilian financial model highlights potential shortcomings". Business Day (South Africa). Retrieved 2013-05-19.

External links[edit]