Pedro Sampaio Malan was born in 1943 in Petropolis, a town named in honor of
Dom Pedro II to the north of Rio de Janeiro. Malan was educated in a Jesuit school before studying electrical engineering at the
Pontifícia Universidade Católica do Rio de Janeiro. While working as a research associate at Rio's
Institute of Applied Economic Research he first met the U.S. economics teacher
Albert Fishlow, who would in 1973 be his adviser for his doctorate in economics from the
University of California, Berkeley. His thesis was ''Brazil's Place in the International Economy''. Malan continued to live in the USA working for various multilateral agencies until 1993. ==Brazilian Central Bank==