Michel Camdessus (born 1 May 1933) is a French economist who served as the seventh managing director of the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...

(IMF) from 1987 to 2000, the longest serving in that position. He previously served as the Governor of the Banque de France from 1984 to 1987. Before that, he briefly served as deputy governor of the Banque de France from August until November 1984 when elevated to the top position. Among the most important events of his tenure at IMF was 1997 East Asian financial crisis. His role has been criticized for not paying attention to the unique circumstances of the East Asian countries and blindly imposing the measures that were followed in

Mexico Mexico (Spanish language, Spanish: México), officially the United Mexican States, is a List of sovereign states, country in the southern portion of North America. It is borders of Mexico, bordered to the north by the United States; to the so ...

, leading to considerable turmoil and rioting in countries such as Indonesia. Born in

Bayonne Bayonne (; eu, Baiona ; oc, label= Gascon, Baiona ; es, Bayona) is a city in Southwestern France near the Spanish border. It is a commune and one of two subprefectures in the Pyrénées-Atlantiques department, in the Nouvelle-Aquitaine r ...

, France, Mr. Camdessus was educated at the

University of Paris , image_name = Coat of arms of the University of Paris.svg , image_size = 150px , caption = Coat of Arms , latin_name = Universitas magistrorum et scholarium Parisiensis , motto = ''Hic et ubique terrarum'' (Latin) , mottoeng = Here and a ...

and earned postgraduate degrees in economics at '' Institut d'Etudes Politiques de Paris (Sciences Po)'' in Paris and ''

École nationale d'administration The École nationale d'administration (generally referred to as ENA, en, National School of Administration) was a French ''grande école'', created in 1945 by President Charles de Gaulle and principal author of the 1958 Constitution Michel Deb ...

''. He is currently president of the social initiative (''French social weeks'') and is a member of the Commission for Africa established by

Tony Blair Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of t ...

. He is also a member of the Pontifical Commission for Justice and Peace. Camdessus is a member of the Africa Progress Panel (APP), a group of ten distinguished individuals who advocate at the highest levels for equitable and sustainable development in Africa. As a Panel Member, he facilitates coalition building to leverage and broker knowledge, in addition to convening decision-makers to influence policy and create lasting change in Africa. Camdessus is also a member of the Fondation Chirac's board of directors, ever since the foundation was launched in 2008 by former French president

Jacques Chirac Jacques René Chirac (, , ; 29 November 193226 September 2019) was a Politics of France, French politician who served as President of France from 1995 to 2007. Chirac was previously Prime Minister of France from 1974 to 1976 and from 1986 to ...

to promote world peace. He also participates in the jury for the Conflict Prevention PrizeThe jury for the Conflict Prevention Prize awarded by the Fondation Chirac
/ref> awarded every year by this foundation, and in the scientific committee of its Water and Sanitation program.

References

External links

(IMF)
Biography on Africa Progress panel website
;Links to Camdessus' articles and speeches *
Matteo Ricci, spiritual resources and partnership

Globalization and the Future of Humankind

Ethics and Finance in a Globalizing World

The Sustainability of Sustainability
{{DEFAULTSORT:Camdessus, Michel 1933 births Living people Sciences Po alumni École nationale d'administration alumni Governors of the Banque de France Managing directors of the International Monetary Fund Commission for Africa members French economists Grand Officiers of the Légion d'honneur Knights of the Ordre national du Mérite French officials of the United Nations