References
Ahmed, Shaghil, and Andrei Zlate. (2014). “Capital Flows to Emerging Market Economies: A Brave New World?” Journal of International Money and Finance, Vol. 48 (Part B), pp. 221–48.
Avdjiev, Stefan, and Elód Takáts. (2014). “Cross-Border Bank Lending during the Taper Tantrum: The Role of Emerging Market Fundamentals.” BIS Quarterly Review (September), pp. 49–60.
Bank of England. (2013). Inflation Report. London, August.
Bernanke, Ben S. (2010a). “The Economic Outlook and Monetary Policy.” Speech delivered at the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming, August 27.
Bernanke, Ben S. (2010b). “Semiannual Monetary Policy Report to the Congress.” Statement before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C., July 21.
Bernanke, Ben S. (2012). “U.S. Monetary Policy and International Implications.” Speech delivered at Bank of Japan-International Monetary Fund seminar “Challenges of the Global Financial System: Risks and Governance under Evolving Globalization,” Tokyo, October 14.
Bernanke, Ben S. (2014). “The Federal Reserve: Looking Back, Looking Forward.” Speech delivered at the Annual Meeting of the American Economic Association, Philadelphia, Pennsylvania, January 3.
Borio, Claudio, and Haibin Zhu. (2012). “Capital Regulation, Risk-Taking and Monetary Policy: A Missing Link in the Transmission Mechanism?” Journal of Financial Stability, Vol. 8, No. 4 (December), pp. 236–51.
Bowman, David, Juan M. Londono, and Horacio Sapriza. (2014). “U.S. Unconventional Monetary Policy and Transmission to Emerging Market Economies.” International Finance Discussion Papers 1109. Washington, D.C.: Board of Governors of the Federal Reserve System, June.
Bruno, Valentina, and Hyun Song Shin. (forthcoming). “Cross-Border Banking and Global Liquidity.” Review of Economic Studies.
Chen, Qianying, Andrew Filardo, Dong He, and Feng Zhu. (2012). “International Spillovers of Central Bank Balance Sheet Policies.” In Are Central Bank Balance Sheets in Asia Too Large? (BIS Papers 66), pp. 230–74. Basel: Bank for International Settlements, October.
D’Amico, Stefania, and Thomas B. King. (2013). “Flow and Stock Effects of Large-Scale Treasury Purchases: Evidence on the Importance of Local Supply.” Journal of Financial Economics, Vol. 108, No. 2 (May), pp. 425–48.
Draghi, Mario, and Vitor Constâncio. (2013). “Introductory Statement to the Press Conference (with Q&A).” Speech delivered at the European Central Bank, Frankfurt, July 4.
Ehrmann, Michael, and Marcel Fratzscher. (2005). “Equal Size, Equal Role? Interest Rate Interdependence between the Euro Area and the United States.” Economic Journal, Vol. 115 (October), pp. 928–48.
Ehrmann, Michael, and Marcel Fratzscher. (2009). “Global Financial Transmission of Monetary Policy Shocks.” Oxford Bulletin of Economics and Statistics, Vol. 71, No. 6 (December), pp. 739–59.
Eichengreen, Barry. (2013). “Does the Federal Reserve Care about the Rest of the World?” Journal of Economic Perspectives, Vol. 27, No. 4 (Fall), pp. 87–103.
Federal Open Market Committee. (2014). “Statement on Longer-Run Goals and Monetary Policy Strategy.” Washington, D.C.: Board of Governors of the Federal Reserve System, January 28.
Fischer, Stanley. (2014). “Financial Sector Reform: How Far Are We?” Martin Feldstein Lecture, National Bureau of Economic Research, Cambridge, Massachusetts, July 10.
Fleming, J. Marcus. (1962). “Domestic Financial Policies under Fixed and under Floating Exchange Rates.” International Monetary Fund Staff Papers, Vol. 9, No. 3 (November), pp. 369–80.
Fratzscher, Marcel. (2012). “Capital Flows, Push versus Pull Factors and the Global Financial Crisis.” Journal of International Economics, Vol. 88, No. 2 (November), pp. 341–56.
Fratzscher, Marcel, Marco Lo Duca, and Roland Straub. (2013). “On the International Spillovers of U.S. Quantitative Easing.” Working Paper Series 1557. Frankfurt: European Central Bank, June.
Furceri, Davide, Stéphanie Guichard, and Elena Rusticelli. (2011). “Medium-Term Determinants of International Investment Positions: The Role of Structural Policies.” Economics Department Working Paper Series 863. Paris: Organisation for Economic Co-operation and Development, May.
Gagnon, Joseph, Matthew Raskin, Julie Remache, and Brian Sack. (2011). “Large-Scale Asset Purchases by the Federal Reserve: Did They Work?” Economic Policy Review [Federal Reserve Bank of New York], Vol. 17, No. 1 (May), pp. 41–59.
Glick, Reuven, and Sylvain Leduc. (2013). “The Effects of Unconventional and Conventional U.S. Monetary Policy on the Dollar.” Working Paper 2013-11. San Francisco: Federal Reserve Bank of San Francisco, May.
Hamilton, James D., and Jing Cynthia Wu. (2012). “The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment.” Journal of Money, Credit and Banking, Vol. 44, Suppl. 1 (February), pp. 3–46.
Hanson, Samuel, and Jeremy Stein. (2015). “Monetary Policy and Long-Term Real Rates.” Journal of Financial Economics, Vol. 115, No. 3 (March), pp. 429–48.
Hausman, Joshua, and Jon Wongswan. (2011). “Global Asset Prices and FOMC Announcements.” Journal of International Money and Finance, Vol. 30, No. 3 (April), pp. 547–71.
Hume, David. (1742). “Of Interest.” Political Discourses, essay IV, in Eugene F. Miller, ed., Essays, Moral, Political, and Literary. Indianapolis, Indiana: Liberty Fund (1987).
International Monetary Fund. (2013). IMF Multilateral Policy Issues Report: 2013 Spillover Report. Washington, August.
Joyce, Michael A. S., Ana Lasaosa, Ibrahim Stevens, and Matthew Tong. (2011). “The Financial Market Impact of Quantitative Easing in the United Kingdom.” International Journal of Central Banking, Vol. 7, No. 3 (September), pp. 113–61.
Kindleberger, Charles P. (1986). The World in Depression, 1929–1939. Berkeley: University of California Press.
Luca, Oana, and Nikola Spatafora. (2012). “Capital Inflows, Financial Development, and Domestic Investment: Determinants and Interrelationships.” IMF Working Paper 12/120. Washington: International Monetary Fund, May.
Morris, Stephen, and Hyun Song Shin. (2014). “Risk-Taking Channel of Monetary Policy: A Global Game Approach.” Working paper, Princeton University, Princeton, New Jersey, February.
Mundell, Robert A. (1963). “Capital Mobility and Stabilization Policy under Fixed and Flexible Exchange Rates.” Canadian Journal of Economic and Political Science, Vol. 29, No. 4 (November), pp. 475–85.
Neely, Christopher J. (2011). “The Large-Scale Asset Purchases Had Large International Effects.” Working Paper Series 2010-018C, Federal Reserve Bank of St. Louis, St. Louis, Missouri, January.
Powell, Jerome H. (2013). “Advanced Economy Monetary Policy and Emerging Market Economies.” Speech delivered at the Federal Reserve Bank of San Francisco 2013 Asia Economic Policy Conference, San Francisco, November 4.
Rey, Hélène. (2013). “Dilemma Not Trilemma: The Global Financial Cycle and Monetary Policy Independence.” Paper presented at the Federal Reserve Bank of Kansas City Symposium “Global Dimensions of Unconventional Monetary Policy,” Jackson Hole, Wyoming, August 22–24.
Rogers, John H., Chiara Scotti, and Jonathan H. Wright. (2014). “Evaluating Asset-Market Effects of Unconventional Monetary Policy: A Cross-Country Comparison.” International Finance Discussion Papers 1101. Washington: Board of Governors of the Federal Reserve System, March.
Sahay, Ratna, Vivek Arora, Thanos Arvanitis, Hamid Faruqee, Papa N’Diaye, Tommaso Mancini-Griffoli, and an IMF Team. (2014). “Emerging Market Volatility: Lessons from the Taper Tantrum.” Staff Discussion Note SDN/14/09. Washington: International Monetary Fund, September.
Takáts, Elod, and Abraham Vela. (2014). “International Monetary Policy Transmission.” BIS Papers 78. Basel, Switzerland: Bank for International Settlements, August.
Tarullo, Daniel K. (2014). “Stress Testing after Five Years.” Speech delivered at the Board of Governors of the Federal Reserve System and Federal Reserve Bank of Boston’s Third Annual Stress Test Modeling Symposium, Boston, June 25.
Yellen, Janet L. (2014). “Monetary Policy and Financial Stability.” Speech delivered at the International Monetary Fund’s 2014 Michel Camdessus Central Banking Lecture, Washington, D.C., July 2.
Stanley Fischer
Stanley Fischer has been Vice Chairman of the Board of Governors of the Federal Reserve System since June 2014. Prior to his appointment to the Board, he was governor of the Bank of Israel from 2005 through 2013. He previously served as Vice Chairman of Citigroup, First Deputy Managing Director of the IMF, and Chief Economist of the World Bank, following a career in academia that spanned more than two decades, chiefly at the Massachusetts Institute of Technology (MIT).
Dr. Fischer has published many articles on a wide variety of economic issues, and he is the author and editor of several scholarly books. He has been a fellow at the Guggenheim Foundation, the American Academy of Arts and Sciences, and the Econometric Society, as well as a research associate at the National Bureau of Economic Research and an honorary fellow at the London School of Economics.
Dr. Fischer was born in Lusaka, Zambia, in October 1943. He received his B.Sc. and M.Sc. in economics from the London School of Economics. He received his Ph.D. in economics from MIT in 1969. He is married with three adult children.
The Per Jacobsson Lectures
| 2014 | The Federal Reserve and the Global Economy. Lecture by Stanley Fischer. |
| Managing Financial Crisis in an Interconnected World: Anticipating the Mega–Tidal Waves. Lecture by Zeti Akhtar Aziz (Basel). | |
| 2013 | Central Banking in the Crisis: Conceptual Convergence and Open Questions on Unconventional Monetary Policy. Lecture by Jean-Claude Trichet. |
| 2012 | China’s Monetary Policy Since the Turn of the Century. Lecture by Zhou Xiaochuan (Tokyo). |
| Society, Economic Policies, and the Financial Sector. Lecture by Y. V. Reddy (Basel). | |
| 2011 | The IMF and the International Monetary System: Lessons from the Crisis. Lecture by Axel A. Weber. |
| What Financial System for the Twenty-First Century? Lecture by Andrew Crockett (Basel). | |
| 2010 | Navigating the New Normal in Industrial Countries. Lecture by Mohamed A. El-Erian. |
| Markets and Government Before, During, and After the 2007–20XX Crisis. Lecture by Tommaso Padoa-Schioppa (Basel). | |
| 2009 | Growth After the Storm? A Longer-Run Perspective. Lecture by Kemal Derviş (Istanbul). |
| 2008 | The Role and Governance of the IMF: Further Reflections on Reform. Symposium panelists: Stanley Fischer, Trevor Manuel, Jean Pisani-Ferry, and Raghuram Rajan. |
| The Approach to Macroeconomic Management: How It Has Evolved. Lecture by Lord George (Basel). | |
| 2007 | Balance of Payments Imbalances. Lecture by Alan Greenspan. |
| 2006 | Asian Monetary Integration: Will It Ever Happen? Lecture by Tharman Shanmugaratnam (Singapore). |
| Competition Policy and Monetary Policy: A Comparative Perspective. Lecture by Mario Monti (Bern). | |
| 2005 | International Financial Institutions: Dealing with New Global Challenges. Lecture by Michel Camdessus. |
| 2004 | The U.S. Current Account Deficit and the Global Economy. Lecture by Lawrence H. Summers. Some New Directions for Financial Stability? Lecture by C.A.E. Goodhart, CBE (Zurich). |
| 2003 | The Arab World: Performance and Prospects. Lecture by Abdlatif Yousef Al-Hamad (Dubai). |
| 2002 | The Boom-Bust Capital Spending Cycle in the United States: Lessons Learned. Lecture by E. Gerald Corrigan. |
| Recent Emerging Market Crises: What Have We Learned? Lecture by Guillermo Ortiz (Basel). | |
| 2001 | No lecture took place due to the cancellation of the Annual Meetings of the IMF and the World Bank. |
| 2000 | Ten Years On—Some Lessons from the Transition. Lecture by Josef Tošovský (Prague). |
| Strengthening the Resilience of Financial Systems. Symposium panelists: Peter B. Kenen, Arminio Fraga, and Jacques de Larosière (Lucerne). | |
| 1999 | The Past and Future of European Integration—A Central Banker’s View. Lecture by Willem F. Duisenberg. |
| 1998 | Managing the International Economy in the Age of Globalization. Lecture by Peter D. Sutherland. |
| 1997 | Asian Monetary Cooperation. Lecture by Joseph C.K. Yam, CBE, JP (Hong Kong SAR). |
| 1996 | Financing Development in a World of Private Capital Flows: The Challenge for International Financial Institutions in Working with the Private Sector. Lecture by Jacques de Larosière. |
| 1995 | Economic Transformation: The Tasks Still Ahead. Symposium panelists: Jan Svejnar, Oleh Havrylyshyn, and Sergei K. Dubinin. |
| 1994 | Central Banking in Transition. Lecture by Baron Alexandre Lamfalussy (London). |
| Capital Flows to Emerging Countries: Are They Sustainable? Lecture by Guillermo de la Dehesa (Madrid). | |
| 1993 | Latin America: Economic and Social Transition to the Twenty-First Century. Lecture by Enrique V. Iglesias. |
| 1992 | A New Monetary Order for Europe. Lecture by Karl Otto Pöhl. |
| 1991 | The Road to European Monetary Union: Lessons from the Bretton Woods Regime. Lecture by Alexander K. Swoboda (Basel). |
| Privatization: Financial Choices and Opportunities. Lecture by Amnuay Viravan (Bangkok). | |
| 1990 | The Triumph of Central Banking? Lecture by Paul A. Volcker. |
| 1989 | Promoting Successful Adjustment: The Experience of Ghana. Lecture by J.L.S. Abbey. |
| Economic Restructuring in New Zealand Since 1984. Lecture by David Caygill. | |
| 1988 | The International Monetary System: The Next Twenty-Five Years. Symposium panelists: |
| Sir Kit McMahon, Tommaso Padoa-Schioppa, and C. Fred Bergsten (Basel). | |
| 1987 | Interdependence: Vulnerability and Opportunity. Lecture by Sylvia Ostry. |
| 1986 | The Emergence of Global Finance. Lecture by Yusuke Kashiwagi. |
| 1985 | Do We Know Where We’re Going? Lecture by Sir Jeremy Morse (Seoul). |
| 1984 | Economic Nationalism and International Interdependence: The Global Costs of National Choices. Lecture by Peter G. Peterson. |
| 1983 | Developing a New International Monetary System: A Long-Term View. Lecture by H. Johannes Witteveen. |
| 1982 | Monetary Policy: Finding a Place to Stand. Lecture by Gerald K. Bouey (Toronto). |
| 1981 | Central Banking with the Benefit of Hindsight. Lecture by Jelle Zijlstra; commentary by Albert Adomakoh. |
| 1980 | Reflections on the International Monetary System. Lecture by Guillaume Guindey; commentary by Charles A. Coombs (Basel). |
| 1979 | The Anguish of Central Banking. Lecture by Arthur F. Burns; commentaries by Milutin Ćirović and Jacques J. Polak (Belgrade). |
| 1978 | The International Capital Market and the International Monetary System. Lecture by Gabriel Hauge and Erik Hoffmeyer; commentary by Lord Roll of Ipsden. |
| 1977 | The International Monetary System in Operation. Lectures by Wilfried Guth and Sir Arthur Lewis. |
| 1976 | Why Banks Are Unpopular. Lecture by Guido Carli; commentary by Milton Gilbert (Basel). |
| 1975 | Emerging Arrangements in International Payments: Public and Private. Lecture by Alfred Hayes; commentaries by Khodadad Farmanfarmaian, Carlos Massad, and Claudio Segré. |
| 1974 | Steps to International Monetary Order. Lectures by Conrad J. Oort and Puey Ungphakorn; commentaries by Saburo Okita and William McChesney Martin (Tokyo). |
| 1973 | Inflation and the International Monetary System. Lecture by Otmar Emminger; commentaries by Adolfo Diz and János Fekete (Basel). |
| 1972 | The Monetary Crisis of 1971: The Lessons to Be Learned. Lecture by Henry C. Wallich; commentaries by C.J. Morse and I.G. Patel. |
| 1971 | International Capital Movements: Past, Present, Future. Lecture by Sir Eric Roll; commentaries by Henry H. Fowler and Wilfried Guth. |
| 1970 | Toward a World Central Bank? Lecture by William McChesney Martin; commentaries by Karl Blessing, Alfredo Machado Gómez, and Harry G. Johnson (Basel). |
| 1969 | The Role of Monetary Gold over the Next Ten Years. Lecture by Alexandre Lamfalussy; commentaries by Wilfrid Baumgartner, Guido Carli, and L.K. Jha. |
| 1968 | Central Banking and Economic Integration. Lecture by M.W. Holtrop; commentary by Lord Cromer (Stockholm). |
| 1967 | Economic Development: The Banking Aspects. Lecture by David Rockefeller; commentaries by Felipe Herrera and Shigeo Horie (Rio de Janeiro). |
| 1966 | The Role of the Central Banker Today. Lecture by Louis Rasminsky; commentaries by Donato Menichella, Stefano Siglienti, Marcus Wallenberg, and Franz Aschinger (Rome). |
| 1965 | The Balance Between Monetary Policy and Other Instruments of Economic Policy in a Modern Society. Lectures by C.D. Deshmukh and Robert V. Roosa. |
| 1964 | Economic Growth and Monetary Stability. Lectures by Maurice Frère and Rodrigo Gómez (Basel). |
| 2014 | The Federal Reserve and the Global Economy. Lecture by Stanley Fischer. |
| Managing Financial Crisis in an Interconnected World: Anticipating the Mega–Tidal Waves. Lecture by Zeti Akhtar Aziz (Basel). | |
| 2013 | Central Banking in the Crisis: Conceptual Convergence and Open Questions on Unconventional Monetary Policy. Lecture by Jean-Claude Trichet. |
| 2012 | China’s Monetary Policy Since the Turn of the Century. Lecture by Zhou Xiaochuan (Tokyo). |
| Society, Economic Policies, and the Financial Sector. Lecture by Y. V. Reddy (Basel). | |
| 2011 | The IMF and the International Monetary System: Lessons from the Crisis. Lecture by Axel A. Weber. |
| What Financial System for the Twenty-First Century? Lecture by Andrew Crockett (Basel). | |
| 2010 | Navigating the New Normal in Industrial Countries. Lecture by Mohamed A. El-Erian. |
| Markets and Government Before, During, and After the 2007–20XX Crisis. Lecture by Tommaso Padoa-Schioppa (Basel). | |
| 2009 | Growth After the Storm? A Longer-Run Perspective. Lecture by Kemal Derviş (Istanbul). |
| 2008 | The Role and Governance of the IMF: Further Reflections on Reform. Symposium panelists: Stanley Fischer, Trevor Manuel, Jean Pisani-Ferry, and Raghuram Rajan. |
| The Approach to Macroeconomic Management: How It Has Evolved. Lecture by Lord George (Basel). | |
| 2007 | Balance of Payments Imbalances. Lecture by Alan Greenspan. |
| 2006 | Asian Monetary Integration: Will It Ever Happen? Lecture by Tharman Shanmugaratnam (Singapore). |
| Competition Policy and Monetary Policy: A Comparative Perspective. Lecture by Mario Monti (Bern). | |
| 2005 | International Financial Institutions: Dealing with New Global Challenges. Lecture by Michel Camdessus. |
| 2004 | The U.S. Current Account Deficit and the Global Economy. Lecture by Lawrence H. Summers. Some New Directions for Financial Stability? Lecture by C.A.E. Goodhart, CBE (Zurich). |
| 2003 | The Arab World: Performance and Prospects. Lecture by Abdlatif Yousef Al-Hamad (Dubai). |
| 2002 | The Boom-Bust Capital Spending Cycle in the United States: Lessons Learned. Lecture by E. Gerald Corrigan. |
| Recent Emerging Market Crises: What Have We Learned? Lecture by Guillermo Ortiz (Basel). | |
| 2001 | No lecture took place due to the cancellation of the Annual Meetings of the IMF and the World Bank. |
| 2000 | Ten Years On—Some Lessons from the Transition. Lecture by Josef Tošovský (Prague). |
| Strengthening the Resilience of Financial Systems. Symposium panelists: Peter B. Kenen, Arminio Fraga, and Jacques de Larosière (Lucerne). | |
| 1999 | The Past and Future of European Integration—A Central Banker’s View. Lecture by Willem F. Duisenberg. |
| 1998 | Managing the International Economy in the Age of Globalization. Lecture by Peter D. Sutherland. |
| 1997 | Asian Monetary Cooperation. Lecture by Joseph C.K. Yam, CBE, JP (Hong Kong SAR). |
| 1996 | Financing Development in a World of Private Capital Flows: The Challenge for International Financial Institutions in Working with the Private Sector. Lecture by Jacques de Larosière. |
| 1995 | Economic Transformation: The Tasks Still Ahead. Symposium panelists: Jan Svejnar, Oleh Havrylyshyn, and Sergei K. Dubinin. |
| 1994 | Central Banking in Transition. Lecture by Baron Alexandre Lamfalussy (London). |
| Capital Flows to Emerging Countries: Are They Sustainable? Lecture by Guillermo de la Dehesa (Madrid). | |
| 1993 | Latin America: Economic and Social Transition to the Twenty-First Century. Lecture by Enrique V. Iglesias. |
| 1992 | A New Monetary Order for Europe. Lecture by Karl Otto Pöhl. |
| 1991 | The Road to European Monetary Union: Lessons from the Bretton Woods Regime. Lecture by Alexander K. Swoboda (Basel). |
| Privatization: Financial Choices and Opportunities. Lecture by Amnuay Viravan (Bangkok). | |
| 1990 | The Triumph of Central Banking? Lecture by Paul A. Volcker. |
| 1989 | Promoting Successful Adjustment: The Experience of Ghana. Lecture by J.L.S. Abbey. |
| Economic Restructuring in New Zealand Since 1984. Lecture by David Caygill. | |
| 1988 | The International Monetary System: The Next Twenty-Five Years. Symposium panelists: |
| Sir Kit McMahon, Tommaso Padoa-Schioppa, and C. Fred Bergsten (Basel). | |
| 1987 | Interdependence: Vulnerability and Opportunity. Lecture by Sylvia Ostry. |
| 1986 | The Emergence of Global Finance. Lecture by Yusuke Kashiwagi. |
| 1985 | Do We Know Where We’re Going? Lecture by Sir Jeremy Morse (Seoul). |
| 1984 | Economic Nationalism and International Interdependence: The Global Costs of National Choices. Lecture by Peter G. Peterson. |
| 1983 | Developing a New International Monetary System: A Long-Term View. Lecture by H. Johannes Witteveen. |
| 1982 | Monetary Policy: Finding a Place to Stand. Lecture by Gerald K. Bouey (Toronto). |
| 1981 | Central Banking with the Benefit of Hindsight. Lecture by Jelle Zijlstra; commentary by Albert Adomakoh. |
| 1980 | Reflections on the International Monetary System. Lecture by Guillaume Guindey; commentary by Charles A. Coombs (Basel). |
| 1979 | The Anguish of Central Banking. Lecture by Arthur F. Burns; commentaries by Milutin Ćirović and Jacques J. Polak (Belgrade). |
| 1978 | The International Capital Market and the International Monetary System. Lecture by Gabriel Hauge and Erik Hoffmeyer; commentary by Lord Roll of Ipsden. |
| 1977 | The International Monetary System in Operation. Lectures by Wilfried Guth and Sir Arthur Lewis. |
| 1976 | Why Banks Are Unpopular. Lecture by Guido Carli; commentary by Milton Gilbert (Basel). |
| 1975 | Emerging Arrangements in International Payments: Public and Private. Lecture by Alfred Hayes; commentaries by Khodadad Farmanfarmaian, Carlos Massad, and Claudio Segré. |
| 1974 | Steps to International Monetary Order. Lectures by Conrad J. Oort and Puey Ungphakorn; commentaries by Saburo Okita and William McChesney Martin (Tokyo). |
| 1973 | Inflation and the International Monetary System. Lecture by Otmar Emminger; commentaries by Adolfo Diz and János Fekete (Basel). |
| 1972 | The Monetary Crisis of 1971: The Lessons to Be Learned. Lecture by Henry C. Wallich; commentaries by C.J. Morse and I.G. Patel. |
| 1971 | International Capital Movements: Past, Present, Future. Lecture by Sir Eric Roll; commentaries by Henry H. Fowler and Wilfried Guth. |
| 1970 | Toward a World Central Bank? Lecture by William McChesney Martin; commentaries by Karl Blessing, Alfredo Machado Gómez, and Harry G. Johnson (Basel). |
| 1969 | The Role of Monetary Gold over the Next Ten Years. Lecture by Alexandre Lamfalussy; commentaries by Wilfrid Baumgartner, Guido Carli, and L.K. Jha. |
| 1968 | Central Banking and Economic Integration. Lecture by M.W. Holtrop; commentary by Lord Cromer (Stockholm). |
| 1967 | Economic Development: The Banking Aspects. Lecture by David Rockefeller; commentaries by Felipe Herrera and Shigeo Horie (Rio de Janeiro). |
| 1966 | The Role of the Central Banker Today. Lecture by Louis Rasminsky; commentaries by Donato Menichella, Stefano Siglienti, Marcus Wallenberg, and Franz Aschinger (Rome). |
| 1965 | The Balance Between Monetary Policy and Other Instruments of Economic Policy in a Modern Society. Lectures by C.D. Deshmukh and Robert V. Roosa. |
| 1964 | Economic Growth and Monetary Stability. Lectures by Maurice Frère and Rodrigo Gómez (Basel). |
The Per Jacobsson Lectures are available on the Internet at www.perjacobsson.org, which also contains further information on the Foundation. Copies of the Per Jacobsson Lectures may be acquired without charge from the Secretary. Unless otherwise indicated, the lectures were delivered in Washington, D.C.
The Per Jacobsson Foundation
| Founding Honorary Chairmen: | Eugene R. Black |
| Marcus Wallenberg | |
| Past Chairmen: | W. Randolph Burgess |
| William McC. Martin | |
| Sir Jeremy Morse | |
| Jacques de Larosière | |
| Sir Andrew Crockett | |
| Past Presidents: | Frank A. Southard, Jr. |
| Jacques J. Polak | |
| Leo Van Houtven | |
| Caroline Atkinson | |
| Nemat (Minouche) Shafik |
| Founding Honorary Chairmen: | Eugene R. Black |
| Marcus Wallenberg | |
| Past Chairmen: | W. Randolph Burgess |
| William McC. Martin | |
| Sir Jeremy Morse | |
| Jacques de Larosière | |
| Sir Andrew Crockett | |
| Past Presidents: | Frank A. Southard, Jr. |
| Jacques J. Polak | |
| Leo Van Houtven | |
| Caroline Atkinson | |
| Nemat (Minouche) Shafik |
Founding Sponsors
| Hermann J. Abs | Viscount Harcourt | Jean Monnet |
| Roger Auboin | Gabriel Hauge | Walter Muller |
| Wilfrid Baumgartner | Carl Otto Henriques | Juan Pardo Heeren |
| S. Clark Beise | M.W. Holtrop | Federico Pinedo |
| B.M. Birla | Shigeo Horie | Abdul Qadir |
| Rudolf Brinckmann | Clarence E. Hunter | Sven Raab |
| Lord Cobbold | H.V.R. Iengar | David Rockefeller |
| Miguel Cuaderno | Kaoru Inouye | Lord Salter |
| R.v. Fieandt | Albert E. Janssen | Pierre-Paul Schweitzer |
| Maurice Frère | Raffaele Mattioli | Samuel Schweizer |
| E.C. Fussell | J.J. McElligott | Allan Sproul |
| Aly Gritly | Johan Melander | Wilhelm Teufenstein |
| Eugenio Gudin | Donato Menichella | Graham Towers |
| Gottfried Haberler | Emmanuel Monick | Joseph H. Willits |
| Hermann J. Abs | Viscount Harcourt | Jean Monnet |
| Roger Auboin | Gabriel Hauge | Walter Muller |
| Wilfrid Baumgartner | Carl Otto Henriques | Juan Pardo Heeren |
| S. Clark Beise | M.W. Holtrop | Federico Pinedo |
| B.M. Birla | Shigeo Horie | Abdul Qadir |
| Rudolf Brinckmann | Clarence E. Hunter | Sven Raab |
| Lord Cobbold | H.V.R. Iengar | David Rockefeller |
| Miguel Cuaderno | Kaoru Inouye | Lord Salter |
| R.v. Fieandt | Albert E. Janssen | Pierre-Paul Schweitzer |
| Maurice Frère | Raffaele Mattioli | Samuel Schweizer |
| E.C. Fussell | J.J. McElligott | Allan Sproul |
| Aly Gritly | Johan Melander | Wilhelm Teufenstein |
| Eugenio Gudin | Donato Menichella | Graham Towers |
| Gottfried Haberler | Emmanuel Monick | Joseph H. Willits |
Board of Directors
Guillermo Ortiz —Chairman of the Board
| Abdlatif Y. Al-Hamad | David Lipton |
| Nancy Birdsall | Alassane D. Ouattara |
| Jaime Caruana | Shigemitsu Sugisaki |
| Malcolm D. Knight | Edwin M. Truman |
| Horst Köhler | Marcus Wallenberg |
| Christine Lagarde |
| Abdlatif Y. Al-Hamad | David Lipton |
| Nancy Birdsall | Alassane D. Ouattara |
| Jaime Caruana | Shigemitsu Sugisaki |
| Malcolm D. Knight | Edwin M. Truman |
| Horst Köhler | Marcus Wallenberg |
| Christine Lagarde |
Officers
| David Lipton | —President |
| Kate Langdon | —Vice President and Secretary |
| Thomas Krueger | —Treasurer |
| David Lipton | —President |
| Kate Langdon | —Vice President and Secretary |
| Thomas Krueger | —Treasurer |
