Willem Buiter at the LSE, 1984
26 September 1949 |
The Hague, the Netherlands
|Institution||Citigroup, London, United Kingdom
Bank of England
London School of Economics
|Field||Economics, Finance, Political Economy|
Early life and education
Buiter was born in The Hague, Netherlands on September 26, 1949. He is a national of the United States and the United Kingdom. Willem's father, Harm Buiter (1922–2011), was a Dutch economist, international trades union official and politician of the Labour Party (PvdA), who had served as Mayor of Groningen.
Willem Buiter went to the European School, in Brussels, Belgium, from 1962 to 1967, where he obtained his European Baccalaureate. After studying Political and Social Science for one year at the University of Amsterdam, in 1967–68, Buiter went to the Emmanuel College, Cambridge, to study Economics and received his B.A. with First-Class Honours in 1971. He was awarded his M.A. in Economics in 1972 and his M.Phil. in Economics in 1973, his fields of concentration being International Economics, and Economic Development.
In 1975–6 and 1977–9, Buiter was an Assistant Professor of Economics and International Affairs at the Woodrow Wilson School of Princeton University in the United States. In 1976–7 he was Lecturer in Economics at the London School of Economics and Political Science. From 1980 until 1982, he was Professor of Economics at the University of Bristol.
On 1 April 1982, Willem Buiter was appointed Cassel Professor of Economics at the London School of Economics with special reference to money and banking. He left LSE in 1985 to teach Economics at Yale University, in New Haven, Connecticut, USA, from 1985 until 1994.
Buiter left the United States in 1994 when he was appointed as Fellow of Trinity College, Cambridge, and professor of International Macroeconomics at the University of Cambridge, positions he held until May 2000. He was an external member of the Bank of England's Monetary Policy Committee from June 1997 to May 2000. In June 2000, he became Chief Economist and Special Advisor to the President at the European Bank for Reconstruction and Development, a position he held until August 2005. From September 2005 till May 2009, Buiter was professor of European Political Economy at the European Institute of the London School of Economics and Political Science. From 2005 to 2010, Buiter was an International Advisor of Goldman Sachs International.
Buiter is a contributor to the Financial Times, where until December 2009 he wrote a blog entitled "Maverecon". In April 2008, he wrote a paper about the situation of Icelandic banks for Landsbanki, together with his wife Anne Sibert. In mid July 2008, an updated version was presented to the government of Iceland. The Icelandic interlocutors considered the paper to be too market-sensitive and it was agreed to keep it confidential.
From June 2009 till August 2011, he was professor of Political Economy at the Centre for Economic Performance, of the LSE. In January 2010, Buiter joined Citigroup as Chief Economist, replacing Lewis Alexander who vacated the position to work with the United States Treasury eight months prior. In an April 2009 blog post, Buiter had earlier described Citigroup as "a conglomeration of worst practice from across the financial spectrum"
In 1973 Buiter was married to Jean Archer. The marriage was dissolved in 1997. They had two children, David Michael Alejandro, born on 22 February 1991 in Callao, Peru, and Elizabeth Lorca, born 6 August 1993 in Cochabamba, Bolivia.
Buiter, since 5 June 1998 is married to Anne Sibert, professor of Economics at Birkbeck, University of London, who was also an External Member of the Monetary Policy Committee of the Central Bank of Iceland from 2009 till 2012. Ms Sibert, on account of her criticism on the banking system and European finances, has been called "a commentator who cannot easily be ignored" In August 2013 he was embroiled in a matter involving allegations of stalking, where a former mistress is alleged to have threatened him after the break up of their relationship.
- Biographical information, Willem Buiter homepage (accessed 16 April 2012)
- Professor Willem H Buiter biography, London School of Economics website
- personal page Willem Buiter's webpage
- "Oud-burgemeester Groningen Harm Buiter overleden" ("Former mayor of Groningen, Harm Buiter, deceased"), Elsevier website, 23 February 2011 (in Dutch)
- "Willem Buiter". EconoMonitor. April 26, 2010. Retrieved October 4, 2013.
- W. Buiter, All in the family, 8 March 2009
- W. Buiter, A. Sibert, The Icelandic banking crisis and what to do about it, CEPR Policy Insight No. 26, 
- Craig Stirling and Bradley Keoun (30 November 2009). "Willem Buiter Will Join Citigroup as Chief Economist". bloomberg. Retrieved 27 January 2011.
- "The damaged ECB legitimacy" by Anne Sibert, Vox portal for the Centre for Economic Policy Research, 15 September 2011
- "Anne Sibert, Naked Capitalism website, 15 September 2011
- Citigroup Chief Economist Allegedly Contacted Woman Accused of Stalking Him
|The Bank of England's Monetary Policy Committee|
|Governor: Sir Edward George (June 1997 – June 2003)|
|June 1997 – July 1997:||George | Davies | King | Buiter | Goodhart | Plenderleith|
|August 1997:||George | King | Buiter | Goodhart | Plenderleith|
|September 1997 – November 1997:||George | King | Buiter | Goodhart | Plenderleith | Clementi | Julius|
|December 1997 – May 1998:||George | King | Buiter | Goodhart | Plenderleith | Clementi | Julius | Budd|
|June 1998 – May 1999:||George | King | Buiter | Goodhart | Plenderleith | Clementi | Julius | Budd | Vickers|
|June 1999 – May 2000:||George | King | Buiter | Goodhart | Plenderleith | Clementi | Julius | Vickers | Wadhwani|