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Lucas Papademos is the new Prime Minister of Greece. Papademos , a former central banker governor and European Central Bank (ECB) vice-president, was given a mandate on Thursday to form a new Greek government, succeeding George Papandreou. The new interim government had been sworn at 2 p.m. (12.00 GMT) on Friday November 11 2011.
Lucas Papademos (64), was an economic adviser (pro bono – without payment) to the outgoing PM George Papandreou since 2010. He taught economics at Columbia University from 1975 to 1984, and at the University of Athens from 1988 to 1993.
Papademos was senior economist at the Federal Reserve Bank of Boston in 1980, and joined the Bank of Greece (BoG), Greece’s central bank, in 195 as Chief Economist, rising to Deputy Governor in 1993 and taking over as Governor in 1994. During his tenure at the BoG, Greece switched from the drachma national currency to the euro.
He left the BoG in 2002 to become vice-president of the European Central Bank (ECB) until 2010. He subsequently left the ECB to become an economic advisor to Greek prime minister George Papandreou since 2010. He has also been a member of the Financial Stability Board and the EU Economic and Financial Committee.
He is also currently serving as a visiting professor of public policy at Harvard University’s Kennedy School of Government, maintains a professorship of economics at Athens University since 1988, has been a member of the Academy of Athens since 2006, and has been a member of the Trilateral Commission since 1998.
Papademos has further published numerous articles in the fields of macroeconomic theory, the structure and functioning of financial markets, monetary analysis and policy, as well as on subjects concerning the economic performance, financial stability and economic policy in the European Union.
Read Lucas Papademos detailed CV bellow:
CURRICULUM VITAE
Lucas D. Papademos CV
Personal
Date of birth: 11 October 1947
Place of birth: Athens, Greece
Family status: Married to Jeanne H.M. Ingram since 1977
Education
1966 High school certificate, Athens College
1970 Bachelor of Science in Physics, Massachusetts Institute of Technology
1972 Master of Science in Electrical Engineering, Massachusetts Institute of Technology
1977 Doctor of Philosophy (Ph.D.) in Economics, Massachusetts Institute of Technology
Professional career
1973 – 1975 Research Assistant and Teaching Fellow,Massachusetts Institute of Technology
1975 – 1977 Lecturer of Economics, Columbia University, New York
1977 – 1984 Assistant and Associate Professor of Economics,Columbia University, New York
1980 Senior Economist, Federal Reserve Bank of Boston
1984 – 1985 Visiting Professor of Economics, Athens School of Economics and Business
1988 – 2011 Professor of Economics, University of Athens
1985 – 1993 Economic Counselor (Chief Economist), Bank of Greece
1988 – 1993 Head of the Economic Research Department, bBank of Greece
1993 – 1994 Deputy Governor, Bank of Greece
1994 – 2002 Governor, Bank of Greece
2002- 2010 Vice President, European Central Bank (ECB)
Other posts
Member of the Governing Council of the European Central Bank (since January 2001)
Member of the General Council of the European Central Bank (since January 1999)
Governor of the International Monetary Fund for Greece (since October 1994)
Member of the Council of the European Monetary Institute (1994 – 1998)
Member of the Monetary Committee of the European Communities (1985-1988, 1990)
Member of the Committee of Alternates of the Committee of the EC Central Bank Governors (1985-1993; Chairman 1989)
Chairman of the Monetary Policy Sub-Committee of the Committee of the EC Central Bank Governors and, subsequently, of the Monetary
Policy Sub-Committee of the Council of the European Monetary Institute (1992-1994)
Chairman of the Governors’Α Club, a forum comprising the governors of the central banks of sixteen south-east European and Asian countries (since January 2001)
Member of the Trilateral Commission (since 1998)
Member of Greece’Αs Council of Economic Experts (1985-1988, 1991-1994)
Member of the Bid Committee for the Olympic Games – Athens 2004 (1996-1997)
Member of the Board of Directors, Center for Planning and Economic Research (KEPE) (1987-1988)
Member of the Scientific Council of the Greek Center of European Studies (1988-1989)
Member of the Angelopoulos Committee which prepared the Report “Stabilisation and Recovery of the Greek Economy” (1989-1990)
Member of the Padoa-Schioppa Committee which prepared the Report “Efficiency, Stability and Equity: A Strategy for the Evolution of the Economic System of the European Community” (1986-1987)
Chairman of the Advisory Board of the Hellenic Observatory at the European Institute, London School of Economics (since 1998)
Decorations
Grand Commander of the Order of Honor, Greece (1999)
Publications
Author of numerous articles and essays, including:
“Targets for Monetary Policy in the Coming Year” (with Franco Modigliani), Brookings Papers on Economic Activity, vol. 1, 1975, pp. 141-165.
“Sequential Open-Loop Optimal Control of a Nonlinear Macroeconomic Model” (with M. Athans et al) in Frontiers of Quantitative Economics, vol. III, edited by M.D. Intrilligator, North-Holland, 1976.
“Monetary Policy for the Coming Quarters: The Conflicting Views” (with Franco Modigliani), New England Economic Review, March/April, 1976, pp. 2-35.
“Optimal Aggregate Employment Policy”, Doctoral Thesis, Massachusetts Institute of Technology, 1977.
“Optimal Demand Policies Against Stagflation” (with Franco Modigliani), Weltwirtschaftliches Archiv, vol. 114, no. 4, December 1978, pp. 736-782.
“The Structure of Financial Markets and the Monetary Mechanism” (with Franco Modigliani) in Controlling Monetary Aggregates III, Federal Reserve Bank of Boston, October 1980, pp. 111-155.
“Maximum Employment Anti-Inflation Policy”, Greek Economic Review, August 1981, vol. 3, no. 2, pp. 93-127.
“Inflation, the International Monetary System, and Macroeconomic Discipline” in R.E. Lombra and W.E.Witte (eds.), The Political Economy of International and Domestic Monetary Relations, Ames: Iowa State
University Press, 1982, pp. 160-171.
Review of Rational Expectations and Economic Policy, edited by Stanley Fischer, in the Journal of Economic Literature, vol. 20, March 1982. A more extensive review article appears in Greek Economic Review,
December 1981.
“Inflation, Financial and Fiscal Structure, and the Monetary Mechanism” (with Franco Modigliani), European Economic Review, vol. 21, 1983, pp. 203-250.
“Monetary and Credit Targets in an Open Economy” (with Franek Rozwadowski) in D.R. Hodgman (ed.), The Political Economy of Monetary Policy: National and International Aspects, Conference Series No. 26, Federal Reserve Bank of Boston. 1983, pp. 275-306.
“Money, Credit, and the Monetary Mechanism” (with Franco Modigliani), in M. De Cecco and J.P. Fitussi (eds.), Monetary Theory and Economic Institutions, London: The MacMillan Press, 1987, pp. 121-160.
Efficiency, Stability and Equity: A Strategy for the Evolution of the Economic System of the European Community (with T. Padoa-Schioppa et al.), Oxford and New York: Oxford University Press, 1987.
“Monetary Policy Coordination within the EMS: Is there a Rule? A Discussion” in F. Giavazzi, S. Micossi and M. Miller (eds.), The European Monetary System, Cambridge: Cambridge University Press, 1988, pp. 356-366.
“Economic policy in the European Community after 1992” in 1992: Legal, Economic and Political Dimensions, University of Athens and the European Parliament, Athens, 1989.
“The Supply of Money and the Control of Nominal Income” (with Franco Modigliani) in B.M. Friedman and F. H. Hahn (eds.), Handbook of Monetary Economics, Amsterdam: North-Holland, 1990. pp. 399-494.
Stabilization and Recovery of the Greek Economy, (with A.Angelopoulos et al), Athens, 1990.
The European Monetary System in the 1990s (with Paul De Grauwe), London and New York: Longman, 1990.
“Greece and the EMS: Issues, Prospects and a Framework for Analysis” in P. De Grauwe and L. Papademos (eds.), The European Monetary System in the 1990s, London and New York: Longman, 1990, pp. 251-282.
External Constraints on Macroeconomic Policy: The European Experience (with G. Alogoskoufis and R. Portes), Cambridge: Cambridge University Press, 1991.
“The solvency constraint and fiscal policy in an open economy: Discussion” in G. Alogoskoufis, L. Papademos and R. Portes (eds.), External Constraints on Macroeconomic Policy: The European Experience, Cambridge: Cambridge University Press, 1991, pp. 68-74.
“Monetary Policy and Financial Markets in the 1990s” in T. S. Skouras, (ed.), The Greek Economy: Economic Policy for the 1990s, London: The Macmillan Press, 1992.
“Greece: monetary and financial system” in The New Palgrave Dictionary of Money and Finance, London : The Macmillan Press, 1992.
“European Monetary Union and Greek Economic Policy” in H.J. Psomiades and S.B. Thomadakis (eds.), Greece, the New Europe and the Changing International Order, New York: Pella Publishing Company, 1993, pp. 125-161.
“European Monetary Policy Coordination” in A. Bakker et al (eds.), Monetary Stability through International Cooperation, Dordrecht: Kluwer Academic Publishers, 1994.
“Growth with stability: The role of monetary policy”, Economic Bulletin, Bank of Greece, vol. 5, March 1995, pp. 43-51.
“Inflation, interest rates and growth”, The Greek Economy in 1996, Athens, pp. 113-120.
“Challenges for monetary policy on the road to EMU”, Economic Bulletin, Bank of Greece, vol. 8, November 1996, pp. 63-75.
“The globalisation of financial markets and the conduct of economic and monetary policy”, Economic Bulletin, Bank of Greece, vol. 10, December 1997, pp. 79-89.
“Greece and the euro” in Banking on the Euro, 9th Frankfurt European Banking Congress, November 1999.
“Monetary policy-making under uncertainty: central bank strategy and credibility” in Monetary policy-making under uncertainty, European Central Bank, Frankfurt am Main, December 1999.
“The Greek economy in the euro area”, The Annual Lecture of the Hellenic Observatory, The European Institute, London School of Economics and Political Science, May 2000.
“From the drachma to the euro”, Economic Bulletin, Bank of Greece, vol. 15, July 2000, pp. 7-14.
“Why price stability?” in A.G. Herrero et al (eds.), Why price stability?, Proceedings of the First ECB Central Banking Conference, European Central Bank, Frankfurt am Main, November 2000.
“The euro, the Greek economy and the banking system”, Bulletin of the Hellenic Banking Association, vol. 24, 2001, pp. 5-13.
“The Greek Economy: Performance and Policy Challenges” in R.C. Bryant et al (eds.), Greece’Αs Economic Performance and Prospects, Bank of Greece and the Brookings Institution, 2001. www.express.gr