Stanley Fischer
From Wikipedia, the free encyclopedia
| Stanley Fischer | |
 Stanley Fischer, Governor of the Bank of Israel
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| Born | 15 October 1943 Northern Rhodesia (Now Zambia) |
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| Nationality | Israeli |
| Fields | Economics |
| Institutions | Bank of Israel 2005- Citigroup 2002-05 IMF 1994-01 World Bank 1988-90 MIT 1973-88, 1990-94 |
| Alma mater | LSE (BSc, MSc) MIT (PhD) |
| Doctoral advisor | Franklin M. Fisher |
| Doctoral students | N. Gregory Mankiw, Ben S. Bernanke |
| Religious stance | Judaism |
Stanley "Stan" Fischer (Hebrew: סטנלי פישר) is an economist and the current Governor of the Bank of Israel.
Born in Northern Rhodesia (now Zambia) on 15 October 1943, he obtained his B.Sc. and M.Sc. at the London School of Economics from 1962-1966 and his Ph.D. at MIT in 1969, all in economics. He was a professor at MIT from 1977 to 1988, where he authored two popular economics textbooks: Macroeconomics (with Rudiger Dornbusch and Richard Startz) and Lectures in Macroeconomics (with Olivier Blanchard), and was a thesis advisor to Ben Bernanke.
From January 1988 to August 1990 he was Vice President, Development Economics and Chief Economist at the World Bank. He then became the First Deputy Managing Director of the International Monetary Fund, from September 1994 until the end of August 2001. By the end of 2001 Mr. Fischer had joined the influential Washington-based financial advisory body, the Group of Thirty. After leaving the IMF, he served as Vice Chairman of Citigroup, President of Citigroup International, and Head of the Public Sector Client Group. Mr. Fischer worked at Citigroup from February, 2002 to April, 2005.
He became Governor of the Bank of Israel on May 1, 2005. On the 9 January 2005, it was announced that Mr. Fischer has agreed to become the next governor of the Bank of Israel, after being nominated by Prime Minister Ariel Sharon and Finance Minister Benjamin Netanyahu. He has been involved in the past with the Bank of Israel, having served as an American government adviser to Israel's economic stabilization program in 1985. Mr. Fischer has become an Israeli citizen, having exercised his right as a Jew to do so under the Law of Return, the aforementioned action being a prerequisite to this appointment. The U.S. says he will not have to forego his American citizenship in order to assume the role. He replaced David Klein, who ended his term as governor of the Bank of Israel on January 16.
Fischer is able to speak Hebrew.
[edit] External links
[edit] Articles
- C. Peter McColough Series on International Economics: The Israeli Economy: Thriving in a Complicated Environment Council on Foreign Relations October 18, 2007
- Israel looks to US for bank chief - 10 January 2005
- Bloomberg.com: Top Worldwide - Citigroup's Fischer to Head Israel's Central Bank - January 9, 2005
- Why so gloomy on the global economy? - 4 October 2004
- Stanley Fischer: The Life of an Internationally Renowned Economist - August 13, 2004
| Preceded by Anne Krueger |
World Bank Chief Economist 1988–1990 |
Succeeded by Lawrence Summers |
| Preceded by David Klein |
Governor of Bank of Israel 2005-present |
Succeeded by present |
