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.[1] He later became Minister of Finance from 1984 until 1985 during the military dictatorship of Augusto Pinochet.[1]

Luis Escobar Cerda
Escobar in 1984
Minister of Finance of Chile
In office
22 April 1984 – 12 February 1985
PresidentAugusto Pinochet
Preceded byCarlos Cáceres Contreras
Succeeded byHernán Büchi
Minister of the Economy, Development and Reconstruction
In office
26 August 1961 – 26 September 1963
PresidentJorge Alessandri
Preceded byJulio Philippi Izquierdo [es]
Succeeded byJulio Philippi Izquierdo [es]
Personal details
Born(1927-02-10)10 February 1927
Santiago, Chile
Died24 August 2024(2024-08-24) (aged 97)
Santiago, Chile
Political partyIndependent (since 1970)
Other political
affiliations
Radical Party of Chile (before 1970)[1]
Spouse(s)María Inés Fritzsche
Helga Koch (second wife)
Children5
Alma materUniversity of Chile
Harvard University
ProfessionEconomist
Businessman
Academic

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]

References

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  1. ^ a b c d e f g Silva, Marcelo (25 August 2024). "Muere a los 97 años Luis Escobar Cerda, exministro de Hacienda y Economía". El Mercurio. Archived from the original on 14 September 2024. Retrieved 22 September 2024.