Morand leaves Chile's central bank

CHILE - After five years at Chile's Central Bank, Felipe Morand will leave as head of studies at the end of the year for a visiting post at Stanford University.

Morand, who is well known in Chile and elsewhere for his part in the gradual liberalisation of the country's once-rigid capital controls, will spend several months at the university's centre for research into economic development and political reform.

Central Bank associates say he is likely to follow this with another academic post, al

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