Michel Camdessus
Michel Camdessus | |
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![]() Camdessus at the 6th World Water Forum in 2012 | |
7th Managing Director of the IMF | |
In office 16 January 1987 – 14 February 2000 | |
Preceded by | Jacques de Larosière |
Succeeded by | Horst Köhler |
Governor of the Banque de France | |
In office 1984–1987 | |
Preceded by | Renaud de La Genière |
Succeeded by | Jacques de Larosière |
Personal details | |
Born | Bayonne, France | 1 May 1933
Nationality | ![]() |
Alma mater | University of Paris |
Profession | Economist |
Michel Camdessus (born 1 May 1933) is a French economist and administrator who was Managing Director of the International Monetary Fund (IMF) from 16 January 1987 to 14 February 2000. To date, he is the longest serving Managing Director of the IMF.
Among the most important events of his tenure was the 1997 East Asian financial crisis. His role has been criticized for not paying attention to the unique circumstances of the East Asian countries and blindly imposing the measures that were followed in Mexico, leading to considerable turmoil and rioting in countries such as Indonesia.[1]
Previously, he was Deputy Governor and Governor of the Bank of France from November 1984 until his move to Washington, D.C..
Born in Bayonne, France, Mr. Camdessus was educated at the University of Paris and earned postgraduate degrees in economics at Institut d'Etudes Politiques de Paris (Sciences Po) in Paris and École nationale d'administration.
He is currently president of the social initiative Tony Blair. He is also a member of the Pontifical Commission for Justice and Peace.
(French social weeks) and is a member of the Commission for Africa established byCamdessus is a member of the Africa Progress Panel (APP), a group of ten distinguished individuals who advocate at the highest levels for equitable and sustainable development in Africa. As a Panel Member, he facilitates coalition building to leverage and broker knowledge, in addition to convening decision-makers to influence policy and create lasting change in Africa.
Camdessus is also a member of the Fondation Chirac's board of directors,[2] ever since the foundation was launched in 2008 by former French president Jacques Chirac to promote world peace. He also participates in the jury for the Conflict Prevention Prize[3] awarded every year by this foundation, and in the scientific committee of its Water and Sanitation programme.
References[]
- ^ Stiglitz, Joseph E. (2002), Globalization and its Discontents, New York: W. W. Norton & Co., ISBN 0-393-05124-2
- ^ Fondation Chirac's board of directors
- ^ The jury for the Conflict Prevention Prize awarded by the Fondation Chirac
External links[]
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Wikimedia Commons has media related to Michel Camdessus. |
- Links to Camdessus' articles and speeches
- 1933 births
- Living people
- Sciences Po alumni
- École nationale d'administration alumni
- Governors of the Banque de France
- Managing directors of the International Monetary Fund
- Commission for Africa members
- French economists
- Grand Officiers of the Légion d'honneur
- Knights of the National Order of Merit (France)
- French officials of the United Nations