Fiscal Policy & Financial Markets

Publications of the Fiscal Policy & Financial Markets Task Force express the findings, results, and views of members of the Fiscal Policy & Financial Markets Task Force. They do not reflect the findings, results, and views of Commissioners not engaged on the Task Force or of the Lancet family of journals or other publication outlets unless explicitly specified. The Fiscal Policy & Financial Markets Task Force does not contribute to other publications or statements issued by the Lancet COVID-19 Commission or the Task Forces or to other publications in the Lancet family of journals or other publication outlets, unless explicitly specified.

Task Force members serve in their individual capacities, on an honorary basis. The Secretariat of the Fiscal Policy & Financial Markets Task Force is hosted by the UN Sustainable Development Solutions Network (SDSN) and the Center for Sustainable Development (CSD), Columbia University. 

 
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Dr. Vitor Gaspar (Co-chair) Director of the Fiscal Affairs Department
IMF (USA)

Vitor Gaspar, a Portuguese national, has been Director of the Fiscal Affairs Department of the International Monetary Fund since 2014. Prior to joining the IMF, he was a Special Adviser at Banco de Portugal. He served as Minister of State and Finance of Portugal during 2011–13. He also held a number of positions in European institutions. Notably, he was director general of research at the European Central Bank from 1998–2004. MORE

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Dr. Felipe Larraín (Co-chair) Professor of Economics
Pontificia Universidad Católica de Chile (Chile)

Felipe Larraín is Professor of Economics at Universidad Catolica de Chile in Santiago and member of the Executive Board of the Center of Economic and Social Policies (CLAPES UC). He was Chile’s minister of finance from 2010 to 2014, and from 2018 to 2019. He is also a member of the UN Leadership Council for Sustainable Development. MORE

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Dr. Laurence Boone Chief Economist and Head of Economics Department OECD (France)

Laurence Boone is the OECD Chief Economist and Head of the Economics Department since July 2018. Ms. Boone ensures that the Department is at the forefront of Economic thinking and will coordinate the work of the Country Studies and Policy branches to create new opportunities and enhance synergies and co operation with the whole of the OECD, including through contributions to horizontal projects.  MORE

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Prof. Phillippe Burger Professor of Economics and Head of Department, University of the Free State (South Africa)

Philippe Burger is Professor of Economics and Pro-Vice-Chancellor: Poverty, Inequality and Economic Development at the University of the Free State. He is a 2016/17 Fulbright Exchange Scholar at the Center for Sustainable Development, Earth Institute, at Columbia University. MORE

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Prof. Barry Eichengreen Professor of Economics and Professor of Political Science, University of California, Berkeley (USA)

Barry Eichengreen is the George C. Pardee and Helen N. Pardee Professor of Economics and Professor of Political Science at the University of California, Berkeley, where he has taught since 1987. He is a Research Associate of the National Bureau of Economic Research (Cambridge, Massachusetts) and Research Fellow of the Centre for Economic Policy Research (London, England). MORE

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Prof. Robert Engle Professor of Finance, New York University Stern School of Business (USA)

Robert Engle, the Michael Armellino Professor of Finance at New York University Stern School of Business, was awarded the 2003 Nobel Prize in Economics for his research on the concept of autoregressive conditional heteroskedasticity (ARCH). He developed this method for statistical modeling of time-varying volatility and demonstrated that these techniques accurately capture the properties of many time series. MORE

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Mr. Hermann Gonzalez Macroeconomic Coordinator of the Latinoamerican Centre of Economic and Social Policies (CLAPES-UC) (Chile)

Hermann Gonzalez is the Macroeconomic Coordinator of the Latinoamerican Centre of Economic and Social Policies (CLAPES-UC). Previously he was the Chief Advisor and the Macroeconomic Coordinator of the Ministry of Finance (2018-2020). MORE

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Dr. Şebnem Kalemli-Özcan Professor of Economics, University of Maryland (Turkey)

Sebnem Kalemli-Ozcan is a Neil Moskowitz Professor of Economics. She is a Research Associate at the National Bureau of Economic Research (NBER) and a Research Fellow at the Center for Economic Policy Research (CEPR). Professor Kalemli-Ozcan has published extensively in the areas of international finance, international development and applied growth theory. MORE

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Dr. Laurence Kotlikoff Professor of Economics, Boston University (USA)

Laurence Kotlikoff is a Professor of Economics at Boston University, Fellow of the American Academy of Arts and Sciences, Fellow of the Econometric Society, Research Associate of the National Bureau of Economic Research, President of Economic Security Planning, Inc., and Director of the Fiscal Analysis Center. MORE

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Prof. Robert Merton Professor of Finance, MIT Sloan School of Management (USA)

Robert C. Merton is the School of Management Distinguished Professor of Finance at MIT Sloan School of Management, and the John and Natty McArthur University Professor Emeritus at Harvard University. He was the George Fisher Baker Professor of Business Administration (1988–98) and the John and Natty McArthur University Professor (1998–2010) at Harvard Business School. MORE

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Prof. Nouriel Roubini Professor, New York University Stern School of Business (Italy)

Nouriel Roubini is a professor of economics at New York University’s Stern School of Business. He is also CEO of Roubini Macro Associates, LLC, a global macroeconomic consultancy firm in New York, as well as Co-Founder of Rosa & Roubini Associates based out of London. At a 2006 address to the International Monetary Fund, Roubini warned of the impending recession due to the credit and housing market bubble. MORE