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Bellagio Group
The Bellagio Group is a group of international economists, senior central bankers and Treasury officials who meet annually to discuss international economic and financial issues. History The group was formed in the 1960s by Austrian economist Fritz Machlup along with William Fellner and Robert Triffin. This was partially in response to G-10 leader Douglas Dillon's statement that academics were not being invited to participate in IMF and G-10 studies on monetary reform because they could not agree on solutions. Machlup wished to focus on and interrogate those disagreements and the group was seen as providing an intellectual, as opposed to political, assessment of aspects of monetary reform. Early meetings were held at the Rockefeller Foundation Center, overlooking the town of Bellagio which gave the group its name. Membership in the group is split between international economists from academia and senior officials from central banks and treasury departments. The initial focus of ...
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Fritz Machlup
Fritz Machlup (; ; December 15, 1902 – January 30, 1983) was an Austrian-American economist who was president of the International Economic Association from 1971–1974. He was one of the first economists to examine knowledge as an economic resource, and is credited with popularizing the concept of the information society. Early life and career He was born to Jewish parents in Wiener-Neustadt, Austria, near Vienna; his father was a businessman who owned two factories that manufactured cardboard. Machlup earned his doctorate at the University of Vienna. In 1933, he received a Rockefeller scholarship for the USA and in 1935 became professor at the University of Buffalo. After the Nazi seizure of his homeland Austria in 1938, Machlup stayed in the United States and became a US citizen in 1940. Machlup's key work was ''The Production and Distribution of Knowledge in the United States'' (1962), which is credited with popularizing the concept of the information society. Machlup was ...
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Rudiger Dornbusch
Rüdiger Dornbusch (June 8, 1942 – July 25, 2002) was a German economist who worked in the United States for most of his career. Early life and education Dornbusch was born in Krefeld in present-day North Rhine-Westphalia. After completing his secondary education at the Gymnasium am Moltkeplatz in Krefeld, he went to study abroad. He received his ''Licence en Sciences Politiques'' from the University of Geneva's Graduate Institute of International Studies in 1966, where he also stayed on for a year as an assistant in economics. He subsequently moved to the United States, where he obtained his Ph.D. in economics from the University of Chicago. Career He briefly worked as a lecturer in the Graduate School of Business at the University of Chicago. For two years he stayed at the University of Rochester as an assistant professor in the Department of Economics, followed by a year as associate professor of International Economics, again in the Graduate School of Business of the Unive ...
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Intergovernmental Organizations
An international organization or international organisation (see spelling differences), also known as an intergovernmental organization or an international institution, is a stable set of norms and rules meant to govern the behavior of states and other actors in the international system. Organizations may be established by a treaty or be an instrument governed by international law and possessing its own legal personality, such as the United Nations, the World Health Organization and NATO. International organizations are composed of primarily member states, but may also include other entities, such as other international organizations, firms, and nongovernmental organizations. Additionally, entities (including states) may hold observer status. Notable examples include the United Nations (UN), Organization for Security and Co-operation in Europe (OSCE), Bank for International Settlements (BIS), Council of Europe (COE), International Labour Organization (ILO) and International Crim ...
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International Development
International development or global development is a broad concept denoting the idea that societies and countries have differing levels of economic or human development on an international scale. It is the basis for international classifications such as developed country, developing country and least developed country, and for a field of practice and research that in various ways engages with international development processes. There are, however, many schools of thought and conventions regarding which are the exact features constituting the "development" of a country. Historically, development was largely synonymous with economic development, and especially its convenient but flawed quantification (see parable of the broken window) through readily gathered (for developed countries) or estimated monetary proxies (estimated for severely undeveloped or isolationist countries) such as gross domestic product (GDP), often viewed alongside actuarial measures such as life expectancy. ...
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Financial Regulation
Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization. Financial regulation has also influenced the structure of banking sectors by increasing the variety of financial products available. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law. History In the early modern period, the Dutch were the pioneers in financial regulation. The first recorded ban (regulation) on short selling was enacted by the Dutch authorities as early as 1610. Aims of regulation The objectives of financial regulators are usually: * market confidence – to maintain confidence in the financial system * financial stability – contributing to the protection and e ...
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Charles Wyplosz
Charles Wyplosz (born 5 September 1947 in Vichy, France) is a French economist. He is an editor of the International Centre for Economic Policy Research's VoxEU and is currently the director of the International Centre for Monetary and Banking Studies (ICMB) and Professor of International Economics at the Graduate Institute in Geneva, Switzerland. He was a founding managing editor of ''Economic Policy''. Education * Engineering Degree from Ecole Centrale Paris, 1970 * Institut Supérieur de Statistiques des Universités de Paris, Certificat Supérieur d'Études, 1972 * PhD in Economics from Harvard University, 1978 Career From 1978 until 1996 he was assistant professor of economics and associate dean at INSEAD and during the period 1986–1996 he was professor at the École des Hautes Études en Sciences Sociales. Since 1995 he is Professor of Economics at the Graduate Institute of International and Development Studies in Geneva. He has been editor of Economic Policy since ...
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Ken Rogoff
Kenneth Saul Rogoff (born March 22, 1953) is an American economist and chess Grandmaster. He is the Thomas D. Cabot Professor of Public Policy and professor of economics at Harvard University. Early life Rogoff grew up in Rochester, New York. His father was a professor of radiology at the University of Rochester. Rogoff received a BA and MA from Yale University ''summa cum laude'' in 1975, and a PhD in Economics from the Massachusetts Institute of Technology in 1980. Chess At sixteen Rogoff dropped out of high school to concentrate on chess. He won the United States Junior Championship in 1969 and spent the next several years living primarily in Europe and playing in tournaments there. However, at eighteen he made the decision to go to college and pursue a career in economics rather than to become a professional player, although he continued to play and improve for several years afterward. Rogoff was awarded the IM title in 1974, and the GM title in 1978. He was 3rd in th ...
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Raghu Rajan
Raghuram Govind Rajan (born 3 February 1963) is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Quote: "I am an Indian citizen. I have always been an Indian citizen. I always held an Indian passport. I held an Indian diplomatic passport when my father was in the foreign service and when I travelled on behalf of the Ministry of Finance. I have never applied for the citizenship of another country. I have never been a citizen of another country and have never taken a pledge of allegiance to another country."Crabtree, James (30 August 2013Raghuram Rajan, academic in a raging stormThe Financial Times (requires a subscription), Retrieved 11 November 2014 Between 2003 and 2006 he was Chief Economist and director of research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India. In 2015, during his tenur ...
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Philip R
Philip, also Phillip, is a male given name, derived from the Greek (''Philippos'', lit. "horse-loving" or "fond of horses"), from a compound of (''philos'', "dear", "loved", "loving") and (''hippos'', "horse"). Prominent Philips who popularized the name include kings of Macedonia and one of the apostles of early Christianity. ''Philip'' has many alternative spellings. One derivation often used as a surname is Phillips. It was also found during ancient Greek times with two Ps as Philippides and Philippos. It has many diminutive (or even hypocoristic) forms including Phil, Philly, Lip, Pip, Pep or Peps. There are also feminine forms such as Philippine and Philippa. Antiquity Kings of Macedon * Philip I of Macedon * Philip II of Macedon, father of Alexander the Great * Philip III of Macedon, half-brother of Alexander the Great * Philip IV of Macedon * Philip V of Macedon New Testament * Philip the Apostle * Philip the Evangelist Others * Philippus of Croton (c. 6th centur ...
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Francesco Giavazzi
Francesco Giavazzi (born 11 August 1949 in Bergamo) is an Italian economist who is Professor of Economics at Bocconi University, and a regular visiting professor at MIT. Biography Giavazzi graduated in electrical engineering from the Politecnico di Milano university in 1972 and obtained a PhD in economics from Massachusetts Institute of Technology in 1978 under the supervision of Rudi Dornbusch. In addition to being a professor at Bocconi University in Milan, he is a Research Fellow and a Trustee of Centre for Economic Policy Research (CEPR), a member of the Strategic Committee of Agence France Trésor, and of the Group of Economic Policy Advisers to the President of the European Commission, José Manuel Barroso. During 2004 he was the Houblon-Norman Fellow at the Bank of England. During the D'Alema government (1998–2000) he was a member of the Council of Economic Advisers to the Italian prime minister. He was Director General of the Italian Treasury responsible for debt mana ...
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Stanley Fischer
Stanley Fischer ( he, סטנלי פישר; born October 15, 1943) is an Israeli American economist who served as the 20th Vice Chair of the Federal Reserve from 2014 to 2017. Fisher previously served as the 8th governor of the Bank of Israel from 2005 to 2013. Born in Northern Rhodesia (now Zambia), he holds dual citizenship in Israel and the United States.Stanley Fischer firms as top choice to become US Fed vice
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