STANLEY FISCHER
Office: Room 12-300F, IMF, Washington, DC 20431
Telephone: (202) 623-4607
Fax: (202) 623-6729
Born: October 15, 1943
Family Status: Married, three children
Degrees : |
B.Sc.(Econ) London University, 1965 (London School of Economics) |
M.Sc. (Econ) London University, 1966 (London School of Economics) |
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Ph.D. Massachusetts Institute of Technology, 1969 |
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Doctor Honoris Causa, Tbilisi State University, Georgia, 1996 |
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Doctor Honoris Causa, Ben Gurion University, Israel 1998 |
Positions : |
First Deputy Managing Director, International Monetary Fund, 1994- |
Head, Department of Economics, M.I.T., 1993-1994. |
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Elizabeth and James Killian Class of 1926 Professor, M.I.T., 1992-1995. |
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Director, World Economy Laboratory, M.I.T., 1991-1993. |
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Professor, Department of Economics, M.I.T., 1977 to date (on leave, January 1988-August 1990; on leave September 1994- ). |
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Vice President, Development Economics and Chief Economist World Bank, January 1988-August 1990. |
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Adjunct Senior Fellow, Council on Foreign Relations, 1994. |
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Associate Professor, Department of Economics, M.I.T. 1973-77. |
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Assistant Professor, Department of Economics, University of Chicago, 1970-73. |
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Postdoctoral Fellow, Department of Economics, University of Chicago, 1969-70. |
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Instructor, Department of Economics, M.I.T., 1969 |
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Max Bogen Visiting Professor of Economics, Hebrew University, Jerusalem, 1984. |
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Visiting Scholar, Hoover Institution, 1981-82. |
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Fellow, Institute for Advanced Studies, Hebrew University, Jerusalem, 1976-77. |
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Visiting Senior Lecturer, Department of Economics, Hebrew University, Jerusalem, 1972. |
Activities
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Research Associate, National Bureau of Economic Research |
Fellow of the Econometric Society |
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Fellow, American Academy of Arts and Sciences |
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Member, Council on Foreign Relations |
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Guggenheim Fellow |
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Member, Executive Committee of the American Economic Association, 1989-91 |
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Vice-President, American Economic Association, 1995 |
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Chairman, Fellowship Committee, Gasparini Institute for Economic Research, Milan, Italy, 1990-1994. |
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Honorary Adviser, Institute for Monetary and Economic Studies, Bank of Japan, 1987-1994 |
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Member, Board of Trustees, Hebrew University, Jerusalem, 1986-1994. |
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Member, Advisory Council of the Woodrow Wilson School, Princeton University, 1990-1994. |
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Member, Visiting Committee, Kennedy School of Government, Harvard University, 1991-1997 |
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Member, Board of Trustees, Falk Institute for Economic Research in Israel, 1987-1998 |
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Member, Academic Advisory Council, Federal Reserve Bank of New York, 1992-1994. |
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Member, Academic Advisory Council, Congressional Budget Office, 1993-1994. |
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Member, Brookings Panel on Economic Activity, 1981-82, 1991-92. |
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Member, Panel for Economic Policy, 1992-93. |
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Member, National Science Foundation Economics Panel, 1978-80. |
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Consultant: U.S. Treasury, U.S. State Department, World Bank, International Monetary Fund, Bank of Israel. |
Books:
Journals:
Articles:
Miscellaneous:
Reports, etc:
Report on Adjustment Lending, I, 1988, II, 1990
Report on Trade Policy Reform, 1989
Participated in joint (IMF, IBRD, OECD, EBRD) study of the Soviet economy, 1990.
Other: |
"The Determinants and Effects of Changes in Interest Rates," (with R. Dornbusch), prepared for the Trustees of the Banking Research Fund Association of Reserve City Bankers, 1979. |
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"Savings, Capital Formation, and Social Security," March 1980. Prepared for the National Commission on Social Security. |
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"Inflation, Monetary Policy, and Gradualism in the U.S. in the 1970's," July 1981. Prepared for the Conference on Problems of Fiscal and Monetary Policies in the U.S. and Japan. |
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"The Economics of Deflation," in Shock Therapy or Gradualism, Group of Thirty, Occasional Paper #8, 1981. |
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"The Administration's Budget Message," Testimony to the Senate Budget Committee, February 1983. |
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"The Inflation Outlook," delivered at Federal Reserve Board Academic Consultants' Meeting, May 1983. |
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"The Budget and the Economy," Testimony to the Senate Budget Committee, February 1984. |
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"The Israeli Supplementary Aid Request," Congressional Testimony, April 1985. |
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"International Debt and the Baker Plan," Testimony to Joint Economic Committee, January 1986. |
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"Resolving the International Debt and Growth Crises", presented at State Department conference, February 1986. |
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"Macroeconomic Policy Research," Report in National Research Council, The Behavioral and Social Sciences: Achievements and Opportunities, National Academy Press, 1988. |
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"Socialist Economy Reform," presented at Federal Reserve Board Academic Consultants' Meeting, June 1990. |
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"Soviet Economic Reform and the Role of the West," Testimony to the Senate Foreign Relations Subcommittee on European Affairs, June 1991. |
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"Window of Opportunity" ("The Grand Bargain"), Soviet Reform Plan. |
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"The Israeli Loan Guarantees," Testimony to the Foreign Operations Subcommittee of the House Appropriations Committee, February 1992. |
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Securing Peace in the Middle East: Project on Economic Transition (Co-chair of Steering Committee), Institute for Social and Economic Policy in the Middle East, Kennedy School, June 1993. |
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"Manna in the Promised Land", The International Economy, Jan/Feb 1994, 26-29, 61. |
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"Living on Borrowed Time: Lessons of the Soviet Economy's Collapse", (with William Easterly) Transition (World Bank), 5, 4 (April 1994), 1-3. |
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Interview, in B. Snowdon, H. Vane and P. Wynarczyk (eds), A Modern Guide to Macroeconomics. Aldershot, England: Edward Elgar, 1994. |
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"The Free Trade Path to Mideast Peace", The Senior Economist, Nov. 1994, 3-5. |
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Interview on the Middle East peace process, in WorldLink, Nov/Dec 1994, 8-13. |
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"Higher Rates", A Symposium of Views, in The International Economy, Feb. 1995, 21-22. |
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"The IMF's New Blueprint", in The Banker, June 1995, 14-16. |
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Interview, in IMF Staff News, June 1995, 1-4. |
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"Have Global Markets Become Too Powerful", A Symposium of Views, in The International Economy, July/Aug. 1995, 33-34. |
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Comments on the IMF and the Environment, Finance & Development, Dec. 1995, 48. |
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"Structural Adjustment Lessons from the 1980s", in Daniel M. Schydlowsky (ed), Structural Adjustment: Retrospect and Prospect. Westport, CT: Praeger. 21-31. |
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"What Useful Role can the SDR Play in the Evolving Global Economy", IMF Survey, April 1, 1996, 105-107. |
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"Central Banking: The Challenges Ahead--Maintaining Price Stability", Finance and Development, (December 1996), 34-37. |
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"Central Banking: The Challenges Ahead--Financial System Soundness", Finance & Development, (March 1997), 14-16. |
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"Currency Boards: What Have We Learned?", in G. Perry (ed), Currency Boards and External Shocks, World Bank, (1997) 19-22. |
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"Emerging Markets: The Outlook, and the Role of the Fund", delivered at the Spring Membership Meeting of the Institute for International Finance, April 1997. |
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"Banking Soundness and the Role of the Fund", in C. Enoch and J. H. Green (eds), Banking Soundness and Monetary Policy: Issues and Experiences in the Global Economy. Washington, DC: IMF, (1997), 22-34. |
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"The Asian Crisis Countries and International System Improvements", Berlin 1998: The Annual Meeting of the Trilateral Commission, (1998), 3-9. |
Newspaper Column: |
Il Messaggero, Rome, Italy, monthly, Jan 1990 - Dec 1993 |