Our Faculty


PhD. Adolfo Figueroa Arévalo

Professor / Researcher

Vanderbilt University


Professor Adolfo Figueroa holds a PhD in Economics, a MSc in Economic Development from Vanderbilt University, USA, and a Bachelor’s degree in Economics from Universidad Nacional de San Marcos, Peru.



Professor Figueroa has been a consultant to the main international organizations, such as the World Bank, FAO, IFAD, ILO, in the areas of rural development, labor markets, and economic and social inequality. He has been a professor at the Economics Department at Pontificia Universidad Católica del Perú from 1970 to 2007, and has held important positions as the Head of the Economics Department and Dean of the Social Sciences Department. He has been visiting professor at the Economics Department, University of Pernambuco (Recife, Brazil), St. Anthony’s College, Oxford University, UK, Economics Department, University of Illinois at Urbana-Champaign, USA, Department of Agricultural Economics at the National Autonomous University of Nicaragua, Hewlett Visiting Professor, Kellogg Institute for International Studies and Economics Department, University of Notre Dame, USA, Latin American Faculty of Social Sciences FLACSO (Quito, Ecuador), Economics Department and Institute of Latin American Studies, University of Texas at Austin, USA, Department of Agricultural and Applied Economics, University of Wisconsin at Madison, USA.



Professor Figueroa has been the author of several papers published in international and peer-review journals, such as:

  • Figueroa, A., & Rentería, J. (2016). On the world economic elite. Economía, 39(77), 9-32.
  • Figueroa, A. (2014). Economic growth and social progress: Lessons from India. Journal of Human Development and Capabilities, 15(4), 424-428.
  • Figueroa, A. (2013). Economic growth and the environment. CEPAL Review, (109), 27-39.
  • Figueroa, A. (2011). Income inequality and credit markets. CEPAL Review, (105), 37-51.
  • Figueroa, A. (2011). A generalized labor market theory: Inequality as labor discipline device. Investigación Económica, 70(276), 163-185.
  • Figueroa, A. (2010). Is education income-equalizing? Evidence from Peru. CEPAL Review, (102), 115-136.
  • Figueroa, A. (2010). Límites al desarrollo agrario de la sierra peruana. Economía, 33(66), 157-160.
  • Figueroa, A. (2008). Competition and circulation of economic elites: Theory and application to the case of Peru. The Quarterly Review of Economic and Finance, 48(2), 263-273.

Professor Figueroa has published books in national and international publishing houses, such as:

  • Figueroa, A. (2017). Economics of the Anthropocene Age. Cham, Switzerland: Springer.
  • Figueroa, A. (2016). Rules for scientific research in economics. The Alpha-Beta Method (pp. 159). Palgrave Macmillan.
  • Figueroa, A. (2015). Growth, employment, inequality, and the environment. Unity of knowledge in economics (vol. 2, pp. 523201). New York, NY: Palgrave Macmillan.
  • Figueroa, A. (2015). Growth, employment, inequality, and the environment. Unity of knowledge in economics (vol. 1, pp. 182). New York, NY: Palgrave Macmillan.
  • Figueroa, A. (2012). The alpha-beta method. Scientific rules for economics and the social sciences (pp. 173). Buenos Aires: CENGAGE Learning.
  • Figueroa, A. (2009). A unified theory of capitalist development (pp. 272). Buenos Aires: Cengage Learning.
  • Figueroa, A. (2009). Capitalist development and the peasant economy in Peru. Cambridge: Cambridge University Press.
  • Figueroa, A. (2008). Nuestro mundo social. Introducción a la ciencia económica. Lima: Fondo Editorial PUCP.
  • Figueroa, A. (2003). La sociedad sigma: Una teoría del desarrollo económico. Lima: Fondo Editorial PUCP.
  • Figueroa, A. (2001). Reformas en sociedades desiguales. La experiencia peruana. Lima: Fondo Editorial PUCP.
  • Figueroa, A. (1989). La economía campesina de la sierra del Perú (4th ed., pp. 146). Lima: Fondo Editorial de la PUCP.

In addition, he is the author of the following book chapters:

  • Figueroa, A. (2011). Comments on part IV. In W. Baer & D. Fleischer (Ed.), The economies of Argentina and Brazil: A comparative perspective (pp. 219-223). Edward Elgar Publishing, Inc.
  • Figueroa, A., Thorp, R., & Paredes, M. (2010). Measuring group inequalities. In R. Thorpe & M. Paredes (Ed.), Ethnicity and the persistence of inequality. The case of Peru (pp. 45-69). London: Palgrave Macmillan.
  • Figueroa, A., & Thorp, R. (2010). Persistent inequalities in education. In R. Thorpe & M. Paredes (Ed.), Ethnicity and the persistence of inequality. The case of Peru (pp. 70-88). London: Palgrave Macmillan.
  • Figueroa, A. (2010). Crecimiento versus calidad de vida. In G. Alarco (Ed.), Rutas hacia un Perú mejor. Qué hacer y cómo lograrlo (pp. 101-127). Lima: Aguilar/Grupo Santillana.
  • Figueroa, A. (2009). El problema del empleo en una sociedad sigma. In E. Gonzales & J. M. Iguíñiz (Ed.), Desarrollo económico y bienestar. Homenaje a Máximo Vega-Centeno (pp. 155-206). Lima: Fondo Editorial Pontificia Universidad Católica del Perú.



He currently is Professor Emeritus of Economics at Pontificia Universidad Católica del Perú and Professor and Researcher at the Finance and Accounting department at CENTRUM Católica Graduate Business School.