|Member of the Monetary Policy Committee|
1 September 2009
Adam S. Posen (born in Brookline, Massachusetts) is an American economist and President of the Peterson Institute for International Economics (1997–present). He succeeded C. Fred Bergsten as President of the Peterson Institute on January 1, 2013. From September 1, 2009 to August 31, 2012, he was a member of the Monetary Policy Committee of the Bank of England.
He also sits on the panel of economic advisers to the United States Congressional Budget Office. Posen's other positions include being a member of the Council on Foreign Relations and the Trilateral Commission, a research associate of the Center for the Japanese Economy and Business of Columbia University, a fellow of the CESifo Research Network, and a member of the Bellagio Group of the international finance officials and scholars. He has been the recipient of major research grants from the European Commission, the Sloan Foundation, the Ford Foundation, and the German Marshall Fund of the United States. He is currently married and living in London.
Life and career
Posen received a PhD in Political Economy and Government from Harvard University, where he was a National Science Foundation (NSF) Graduate Fellow, after graduating from Harvard College in 1988. His research focuses on macroeconomic policy in the industrial democracies, G-20 economic relations, the resolution of financial crises, and central banking issues. He has been a consultant to the IMF and to several US government agencies, as well as to the British and Japanese Cabinet Offices, and a visiting scholar at central banks worldwide. From 1994 to 1997, he was an economist in international research at the Federal Reserve Bank of New York and from 1993 to 1994 was Okun Memorial Fellow in Economic Studies at the Brookings Institution. He was a Bosch Foundation Fellow in Germany in 1992 to 1993, where he worked for the Bundesbank in Frankfurt and for Deutsche Bank in Berlin. He has also been a Public Policy Fellow at the American Academy in Berlin (2001). In 2006 he was a Houblon-Norman Senior Fellow at the Bank of England, on sabbatical from PIIE. From 2004 until his appointment to the MPC, Posen played a leadership role at PIIE in the recruitment of senior scholars, corporate fundraising and endowment management, and strategic planning, under C. Fred Bergsten, the Institute's Director.
His most cited and influential publications include the books Restoring Japan's Economic Growth (1998) and Inflation Targeting: Lessons from the International Experience (1999, co-authored with Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System in the US, et al.), and a series of articles on the political economy of central bank independence, as well as more recent works on the global roles of the dollar and the euro. Posen previously was a columnist for the International Economy magazine, the German newspaper Welt am Sonntag and for Eurointelligence syndicate. He has been published and cited frequently in Business Week, the Economist, the Financial Times, Foreign Affairs, Handelsblatt, The Independent, National Journal, New York Times, Wall Street Journal, Washington Post, Die Zeit, and Nihon Keizai Shimbun, among other publications globally.
This article incorporates public domain material from the United States Department of State document "After the conventions: the race to the White House" by the US mission to Germany (retrieved on 3 April 2010).
- "Adam S. Posen to become new President". Peterson Institute. Retrieved May 19, 2012.
- "Adam Posen, Monetary Policy Committee Member". The Bank of England. Retrieved April 3, 2010.
- "After the conventions: the race to the White House". The United States Mission to Germany. 9 September 2008. Retrieved April 3, 2010.
- "Adam S. Posen". The Peterson Institute for International Economics. Archived from the original on 2 April 2010. Retrieved April 3, 2010.
|The Bank of England's Monetary Policy Committee|
|June 2009-August 2009:||King | Bean | Barker | Tucker | Besley | Sentance | Dale | Fisher | Miles|
|September 2009-July 2010:||King | Bean | Barker | Tucker | Sentance | Dale | Fisher | Miles | Posen|
|August 2010-May 2011:||King | Bean | Tucker | Sentance | Dale | Fisher | Miles | Posen | Weale|
|June 2011-:||King | Bean | Tucker | Dale | Fisher | Miles | Posen | Weale | Broadbent|