Camdessus at the 6th World Water Forum in 2012
|7th Managing Director of the IMF|
16 January 1987 – 14 February 2000
|Preceded by||Jacques de Larosière|
|Succeeded by||Horst Köhler|
|Governor of the Banque de France|
|Preceded by||Renaud de La Genière|
|Succeeded by||Jacques de Larosière|
1 May 1933 |
|Alma mater||University of Paris|
Michel Camdessus (born 1 May 1933) is a French applied economist and administrator who was Managing Director of the International Monetary Fund (IMF) from 16 January 1987 to 14 February 2000. To date, he is the longest serving Managing Director of the IMF.
Among the most important events of his tenure was the 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 leading to considerable turmoil and rioting in countries such as Indonesia.
Born in Bayonne, France, Mr. Camdessus was educated at the University of Paris and earned postgraduate degrees in economics at Institut d'Etudes Politiques de Paris (Sciences Po) in Paris and École nationale d'administration.
He is currently president of the Semaines Sociales de France and is a member of the Commission for Africa established by Tony Blair. He is also a member of the Pontifical Commission for Justice and Peace.
He 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. Every year, the Panel releases a report, the Africa Progress Report, that outlines an issue of immediate importance to the continent and suggests a set of associated policies. In 2012, the Africa Progress Report highlighted issues of Jobs, Justice, and Equity. The 2013 report will outline issues relating to oil, gas, and mining 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 to promote world peace. He also participates in the jury for the Conflict Prevention Prize awarded every year by this foundation, and in the scientific committee of its Water and Sanitation programme.
- Stiglitz, Joseph E. (2002), Globalization and its Discontents, New York: W. W. Norton & Co., ISBN 0-393-05124-2.
- Fondation Chirac's board of directors
- The jury for the Conflict Prevention Prize awarded by the Fondation Chirac
|Wikimedia Commons has media related to Michel Camdessus.|
- 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
Renaud de La Genière
|Governor of the Banque de France
Jacques de Larosière
Jacques de Larosière
|Head of the International Monetary Fund