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Martin Neil Baily (born March 29, 1949) is an
economist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...
at the
Brookings Institution The Brookings Institution, often stylized as simply Brookings, is an American research group founded in 1916. Located on Think Tank Row in Washington, D.C., the organization conducts research and education in the social sciences, primarily in e ...
and formerly at the
Peterson Institute The Peterson Institute for International Economics (PIIE), known until 2006 as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and has been led by ...
. He is best known for his work on productivity and competitiveness and for his tenure as a cabinet member during the Clinton Administration. He was one of three members of the Council of Economic Advisers from 1994 to 1996, and chairman of the Council from 1999 to 2001. He currently co-chairs the
Bipartisan Policy Center The Bipartisan Policy Center (BPC) is a Washington, D.C.–based think tank that promotes bipartisanship. The organization aims to combine ideas from both the Republican and Democratic parties to address challenges in the U.S. BPC focuses on is ...
's Financial Regulatory Reform Initiative and serves as a senior advisor at
Albright Stonebridge Group Dentons Global Advisors ASG, formerly Albright Stonebridge Group, is a global business strategy firm based in Washington, D.C., United States. It was created in 2009 through the merger of international consulting firms The Albright Group, found ...
. Baily was a senior fellow at the Brookings Institution (1979–89) and subsequently professor of economics at the
University of Maryland The University of Maryland, College Park (University of Maryland, UMD, or simply Maryland) is a public land-grant research university in College Park, Maryland. Founded in 1856, UMD is the flagship institution of the University System of M ...
(1989–96). He was vice chairman of a National Academy of Sciences –
National Research Council National Research Council may refer to: * National Research Council (Canada), sponsoring research and development * National Research Council (Italy), scientific and technological research, Rome * National Research Council (United States), part of ...
panel investigating the effect of computers on productivity. Baily co-founded the microeconomics issues of the ''
Brookings Papers on Economic Activity The ''Brookings Papers on Economic Activity'' (''BPEA'') is a journal of macroeconomics published twice a year by the Brookings Institution Press. ">[1/nowiki>/sup>_Each_issue_of_the_journal_comprises_the_proceedings_of_a_conference_he_...
''._He_was_a_principal_at_McKinsey_&_Company.html" ;"title="/nowiki>">">[1/nowiki>/sup> Each issue of the journal comprises the proceedings of a conference he ...
''. He was a principal at McKinsey & Company">/nowiki>">">[1/nowiki>/sup> Each issue of the journal comprises the proceedings of a conference he ...
''. He was a principal at McKinsey & Company's Global Institute (1996–99) and has been a senior adviser to McKinsey since 2002. He joined the board of The Phoenix Companies in 2005 and is an academic adviser to the Congressional Budget Office and associate editor of the ''Journal of Economic Perspectives''. Baily earned his Ph.D. in economics at the Massachusetts Institute of Technology (MIT) and his undergraduate degree at
Cambridge University The University of Cambridge is a Public university, public collegiate university, collegiate research university in Cambridge, England. Founded in 1209 and granted a royal charter by Henry III of England, Henry III in 1231, Cambridge is the world' ...
(UK), and taught at MIT and
Yale University Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...
. He is the author of numerous books and articles and coauthor with Jacob Kirkegaard of ''Transforming the European Economy'' (2004).


Activities

Congressional testimony: * On April 18, 2013, Bail
testified
before the
United States House Energy Subcommittee on Commerce, Manufacturing and Trade The House Subcommittee on Innovation, Data and Commerce is a subcommittee within the United States House Committee on Energy and Commerce. The subcommittee was known as the Subcommittee on Consumer Protection and Commerce until the 118th Congress, ...
in a hearing about the
Global Investment in American Jobs Act of 2013 (H.R. 2052; 113th Congress) The Global Investment in American Jobs Act of 2013 () is a bill that would require the United States Department of Commerce, in cooperation with the Federal Interagency Investment Working Group and other federal agencies, to "conduct a review of t ...
, which he was in favor of. The legislation would instruct the
United States Department of Commerce The United States Department of Commerce is an executive department of the U.S. federal government concerned with creating the conditions for economic growth and opportunity. Among its tasks are gathering economic and demographic data for bus ...
to research and report to Congress about the possibilities for increasing foreign direct investment in the United States.


References


External links

* {{DEFAULTSORT:Baily, Martin Neil 1949 births Living people MIT School of Humanities, Arts, and Social Sciences alumni McKinsey & Company people Yale University faculty 21st-century American economists Clinton administration cabinet members Chairs of the United States Council of Economic Advisers Brookings Institution people