Fernando Borraz was born in Montevideo, Uruguay in 1971. He obtained a B.A. in Economics from the University of the Republic of Uruguay in 1996. Fernando got an Inter-American Development Bank scholarship to pursue his Master of Science in Economics at ILADES/Georgetown University in Santiago de Chile. He also obtained a Georgetown University graduate fellowship to get a Ph.D. in Economics at Georgetown University in 2004. Fernando’s research is in policy evaluation, development economics and applied microeconomics. He is a researcher at the Banco Central del Uruguay and professor at the Universidad de la República and Universidad de Montevideo. His research has been published in the World Bank Economic Review, The Journal of Development Studies, Review of Development Economics and the Journal of Economic among others. He received the first prize of the National Prize in Economics in 2004, granted by the University of the Republic. He also received the first prize in the 2011 Inter-American Award for Research in Social Security granted by the Inter-American Conference on Social Security.