Adam S. Posen is President of the Peterson Institute for International Economics, the world’s leading independent economic research institute. He is the author of widely cited studies of central bank independence, the global role of the euro, inflation targeting, and of Japan’s Great Recession and recovery. Posen co-authored Inflation Targeting... Read More
Adam S. Posen is President of the Peterson Institute for International Economics, the world’s leading independent economic research institute. He is the author of widely cited studies of central bank independence, the global role of the euro, inflation targeting, and of Japan’s Great Recession and recovery. Posen co-authored Inflation Targeting with Bernanke, Laubach, and Mishkin while at the Federal Reserve Bank of New York (1994-97).
From 2009 to 2012, during the Global Financial Crisis, Posen served as an external voting member of the Bank of England’s rate-setting Monetary Policy Committee (MPC). Posen also served seven terms on the Panel of Economic Advisers to the US Congressional Budget Office (2005-19), and he has been a visiting scholar at central banks throughout East Asia and Europe. He has been a consultant to the Japanese and U.K. Cabinet Offices, the IMF, and to the European Commission.
Dr. Posen received his A.B. and Ph.D. degrees from Harvard University, where he was a National Science Foundation Graduate Fellow. In 2014, he was made an Honorary Commander of the Most Excellent Order of the British Empire by H.M. the Queen for services to U.K. economic policy. In 2021, he was granted the Order of the Rising Sun, with neck ribbon and gold rays, by H. M. the Emperor for services to Japanese economic policy and Japan-U.S. relations. He is an inaugural CEPR Distinguished Fellow.
Recently, Posen has published a series of influential and widely covered articles on the political economy of globalization, “The End of Globalization? What Russia’s War in Ukraine Means for the World Economy,” “The Price of Nostalgia,” “America’s Zero-Sum Economics Doesn’t Add Up,” and “The End of China’s Economic Miracle.”