Governor Talks: Managing Oil Volatility in Mexico

Location: HQ1 Bistro, HQ1-2-713

When discussing how to better manage oil price swings for oil exporters, policymakers often start with Mexico, given its longstanding practice of hedging oil-price risk through put options. In a 30-minute conversation with IMF’s Western Hemisphere Department Director, Alejandro Werner, Secretary Gonzalez Anaya of Mexico will explain what are the considerations/mechanisms at place in managing oil price volatility and lessons learned for other commodity exporters.

Speaker

José Antonio González Anaya
Secretary for Finance and Public Credit of Mexico

Alejandro Werner assumed his current position as Director of the Western Hemisphere Department of the International Monetary Fund (IMF) in January 2013. A Mexican citizen, Mr. Werner has had distinguished careers in the public and private sectors as well as in academia. He served as Undersecretary of Finance and Public Credit of Mexico (December 2006–August 2010) and Head of Corporate and Investment Banking at BBVA-Bancomer (August 2011 until end-2012). Previously, he was Director of Economic Studies at the Bank of Mexico and Professor at ITAM, Instituto de Empresa, and Yale University. He has published widely. Mr. Werner was named Young Global Leader by the World Economic Forum in 2007. Mr. Werner received his Ph.D. from the Massachusetts Institute of Technology in 1994.

Moderator

Alejandro Werner
Director IMF Western Hemisphere Department