Adam Posen
Adam Posen is the President of the Peterson Institute for International Economics, the world’s leading independent economic research institute. Posen is one of the world’s foremost experts on fiscal and monetary policy, financial crises, and the economies of Europe, Japan, and the United States. Throughout his career, he has contributed to research and public policy regarding monetary and fiscal policies in the G20, the challenges of European integration since the adoption of the euro, China-US economic relations, and developing new approaches to financial recovery and stability. Posen is also an expert on macroeconomic policy and an adviser to the US Congressional Budget Office and has consulted for the Bank of England, Federal Reserve, European Central Bank, International Monetary Fund and other central banks. He has published a series of influential and widely covered articles on the political economy of globalization, inflation targeting, and of Japan’s Great Recession and recovery.
Adam Posen Professional Experience / Academic History
Professional Experience
-
President
-
External Member of the Monetary Policy Committee
-
Economist
-
Okun Memorial Fellow
-
Bosch Foundation Fellow
Academic History
-
Ph.D., Political Economy and Government
-
A.B., Government
PIIE LEADERSHIP
Under his leadership, PIIE has grown to 42 world-renowned fellows, raised its endowment by 50%, and won global recognition.
PIIE was recognized as the leading independent think tank in international economics, including repeated top rankings from the Prospect Think Tank Awards and the Global Go To Think Tank Index.
PIIE has been named North American Economics Think Tank of the Year by Prospect three years in a row (2016, 2017, and 2018).
The Institute also has broken new ground in providing accessible economic analysis to the general public.
His research focuses on macroeconomic policy, European and Japanese political economy, and the resolution of financial crises.
He was one of the first economists to seriously address the political foundations of central bank independence and to analyze Japan's Great Recession as a failure of macroeconomic policy.
RECOGNITION
2014 Honorary Commander of the Most Excellent Order of the British Empire
2018 Adam Smith Distinguished Lecture, University of Glasgow
2019 CEPR Distinguished Fellow
2021 Order of the Rising Sun
EARLY CAREER
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).
During this critical period for the world economy, he was a prominent advocate of activist policy response to the financial crisis and successfully led the MPC into quantitative easing.
He 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.
He has been the recipient of major grants and fellowships from the Bank of England, The Brookings Institution, European Commission, Ford Foundation, Sloan Foundation, and the US National Science Foundation.
MEDIA & PUBLICATIONS
Posen is among the most cited economists in the press. He appears frequently on Bloomberg, CNBC, BBC, and NPR programs.
He has been published in leading news and policy publications, including the Financial Times, Foreign Affairs, New York Times, Wall Street Journal, Washington Post, Nihon Keizai Shimbun, Asahi Shimbun, Handelsblatt, Die Welt, Harvard Business Review, and The International Economy.