Stanley Fischer


Stanley Fischer

Infobox Scientist
name = Stanley Fischer
box_width = 275px



image_width = 250px
caption = Stanley Fischer, Governor of the Bank of Israel
birth_date = Birth date and age|1943|10|15|df=y
birth_place = Northern Rhodesia (Now Zambia)
death_date =
death_place =
residence =
citizenship =
nationality = Israeli, American
ethnicity =
field = Economics
work_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
known_for =
author_abbrev_bot =
author_abbrev_zoo =
prizes =
religion = Judaism


footnotes =

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 Rüdiger 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.

External links

* [http://www.bankisrael.gov.il/abeng/nag_now.htm Bank of Israel web site]
* [http://www.iie.com/fischer/ Institute of International Economics web site]
* [http://www.imf.org/external/np/omd/bios/sf.htm IMF web site]

Articles

* [http://www.cfr.org/bios/2436/stanley_fischer.html C. Peter McColough Series on International Economics: The Israeli Economy: Thriving in a Complicated Environment] Council on Foreign Relations October 18, 2007
* [http://news.bbc.co.uk/2/hi/business/4161997.stm Israel looks to US for bank chief - 10 January 2005]
* [http://quote.bloomberg.com/apps/news?pid=10000006&sid=a4SUNM_aSsWI&refer=home Bloomberg.com: Top Worldwide - Citigroup's Fischer to Head Israel's Central Bank - January 9, 2005]
* [http://www.thebanker.com/news/fullstory.php/aid/2160/Why_so_gloomy_on_the_global_economy_.html Why so gloomy on the global economy? - 4 October 2004]
* [http://www.citigroup.com/citigroup/features/fischer040813.htm Stanley Fischer: The Life of an Internationally Renowned Economist - August 13, 2004]
* [http://www.imf.org/external/np/speeches/2001/010601a.htm "Exchange Rate Regimes: Is the Bipolar View Correct?"] , International Monetary Fund, Distinguished Lecture on Economics in Government, American Economic Association and the Society of Government Economists. Delivered at the Meetings of the American Economic Association, New Orleans, January 6, 2001


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