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Ted Truman, Senior Fellow, Peterson Institute for International Economics

Biography provided by participant

Edwin M. Truman, senior fellow at the Peterson Institute for International Economics since 2001, served as assistant secretary of the US Treasury for International Affairs from December 1998 to January 2001. He directed the Division of International Finance of the Board of Governors of the Federal Reserve System from 1977 to 1998. From 1983 to 1998, he was one of three economists on the staff of the Federal Open Market Committee. Truman has been a member of numerous international groups working on economic and financial issues, including the Financial Stability Forum's Working Group on Highly Leveraged Institutions (1999-2000), G-22 Working Party on Transparency and Accountability (1998), G-10-sponsored Working Party on Financial Stability in Emerging Market Economies (1996-97), G-10 Working Group on the Resolution of Sovereign Liquidity Crises (1995-96), and G-7 Working Group on Exchange Market Intervention (1982-83). Truman has also been a visiting economics lecturer at Amherst College and a visiting economics professor at Williams College. He has published on international monetary economics, international debt problems, economic development, and European economic integration. He is the author, coauthor, or editor of Reforming the IMF for the 21st Century (2006), A Strategy for IMF Reform (2006), Chasing Dirty Money: The Fight Against Money Laundering (2004), and Inflation Targeting in the World Economy (2003).

Recent Responses

November 16, 2009 09:06 AM

RE: A New Solution For 'Too Big To Fail'?

There are no such silver bullets.  How many Cocos should the regulators insist that Goldman Sachs, AIG, GE, Citigroup hold?  …  Read more

September 8, 2009 10:13 AM

RE: Professor Krugman's Opus

Paul Krugman is broadly correct. Too many academic economists have been looking for truth under the lamppost rather than tackling the really difficult problems that do not lend themselves to elegant, mathematical solutions.  Of course, as an economist and in order to be clear, Krugman had to simplify his own argument, and some will say oversimplify.  The distinction between fresh water and salt water is broadly correct except that here on the Potomac the waters mix. I am sure that Krugman will offend many because some of the corrective trends, for example with respect to behavioral economics are already underway,…  Read more

February 25, 2009 08:19 AM

RE: Sharing The Burden

Assessing Global Fiscal Stimulus: Is the World Being Short-Changed? -- This was posted at Peterson at www.petersoninstitute.org/realtime/…  Read more
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