Jürgen Stark

Jürgen Stark is one of the most successful economists of his generation who has made his mark on German and European economic policy. As a leading German economist, and a former key member of the Executive Board of the European Central Bank. Gaining world-wide recognition for his understanding of economics, Stark has worked with the German Federal Government, the ECB and currently occupies a role within the European Union Economic and Financial Committee.

At the ECB he was responsible for economics and monetary analysis, and was often referred to as the bank’s ‘Chief Economist’, although this was not his official title. Jürgen left the ECB in 2011 because of his fundamental disagreement with the bank’s controversial government bond-buying programme.

From 1978-98 he held senior economic policy positions in the German federal government, and from 1998-2006 he served two consecutive terms as Vice President of Germany’s Bundesbank, acting as President of the Bank in 2004.

Jürgen draws on his extensive experience in the German Ministries of Finance and Economics and at the ECB to speak on the future of the euro, European finance and economics, financial stability and the global economy.

Jürgen Stark’s in depth knowledge and understanding of the economic landscape provides an eye opening insight into the financial situation in Europe. For economists and those interested in the diverse affairs of European geopolitics and economics Stark’s opinion is one of high value.

Simon Potter

Simon Potter was nonresident senior fellow at the Peterson Institute for International Economics from September 2019 to June 2020, with a research focus on central bank operations, monetary policy, digital currencies, reference rates, the role of the dollar, and economic forecasting.

Prior to joining the Institute, he was head of the Markets Group and System Open Market Account (SOMA) at the Federal Reserve Bank of New York. In this role, he oversaw the implementation of domestic open market and foreign exchange trading operations on behalf of the Federal Open Market Committee (FOMC), the execution of fiscal agent support for the US Treasury, the provision of account services to foreign and international monetary authorities, and the administration and production of reference interest rates for US money markets.

He started at the New York Fed in June 1998 and served as director of economic research and co-head of the Research and Statistics Group at the New York Fed, prior to becoming head of the Markets Group in June 2012 where he was responsible for monetary policy advice. He played a prominent role in the Federal Reserve’s financial stability efforts, including by contributing to the design of the 2009 US bank stress tests, as a member of the international Macroeconomic Assessment Group that supported the Basel Committee’s work to strengthen bank capital standards and, most recently, as chair of the Global Foreign Exchange Committee. In addition, he worked for the Financial Stability Oversight Council in 2011 to produce its first annual report.

Prior to working at the New York Fed, he was an assistant professor at the University of California Los Angeles. He has also taught at Johns Hopkins University, New York University, and Princeton. His academic research focused on applying Bayesian methods to time series models.

Adam Posen

Adam S. Posen has been president of the Peterson Institute for International Economics since January 2013. Over his career, he has contributed to research and public policy regarding monetary and fiscal policies in the G-20, the challenges of European integration since the adoption of the euro, China-US economic relations, and developing new approaches to financial recovery and stability. 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.  While at the Federal Reserve Bank of New York during 1994–97, he coauthored Inflation Targeting: Lessons from the International Experience with Ben Bernanke, Thomas Laubach, and Frederic Mishkin.

During Dr. Posen's presidency, the Peterson Institute has won global recognition 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.  Under his leadership, PIIE has expanded to include 42 world-renowned resident and nonresident fellows and increased its endowment by 50 percent.  Since 2013, PIIE has developed high-level recognition and research partnerships in the People's Republic of China, while deepening longstanding ties with policymakers in other East Asian, European, and North American capitals.  The Institute also has broken new ground in providing accessible economic analysis to the general public.

In September 2009, Posen was appointed by the UK Chancellor of the Exchequer to serve a three-year term 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, Posen advocated an activist policy response to the financial crisis, led the MPC into quantitative easing, and accurately forecast global inflation developments. The Atlantic named him in its line-up of global "Superstar Central Bankers" in 2012. He also consulted for the UK Cabinet Office for the successful London G-20 summit of 2009 during the global financial crisis.  He was made an honorary Commander of the Most Excellent Order of the British Empire by Her Majesty Queen Elizabeth II in 2014 for his services to British economic policy.

Posen has been the recipient of major grants and research fellowships from the American Academy in Berlin, the Brookings Institution, the Bank of England, the European Commission, the Ford Foundation, the Sloan Foundation, and the US National Science Foundation. In November 2018, he gave the inaugural Adam Smith Distinguished Lecture at the University of Glasgow.  In January 2019, he was named a CEPR Distinguished Fellow.  He served seven terms as a member of the Panel of Economic Advisers to the U.S. Congressional Budget Office from 2005 to 2019. Posen received his BA and PhD from Harvard University.

Posen has been widely cited and published commentary in leading news and policy publications, including the Financial Times, Foreign Affairs, New York TimesWall Street JournalWashington Post, Nihon Keizai ShimbunAsahi ShimbunHandelsblattDie WeltHarvard Business Review, and The International Economy.  He appears frequently on Bloomberg television and radio, among other media programming.