John B. Taylor, the George P. Shultz Senior Fellow in Economics at Stanford’s Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford, has been chosen to serve on the Eminent Persons Group on Global Financial Governance. The group was recently established by the finance ministers and central bank governors of the G20 countries to address new realities in the global economy that require policy change and reform. The sixteen-member international group of top economists and leaders will be chaired by Tharman Shanmugaratnam, deputy prime minister of Singapore.
“I am honored to be selected to serve with these distinguished economists and policy makers,” said Taylor. “I look forward to getting down to business at our first meeting, examining, proposing, and debating practical reforms. There is much to do.”
The newly formed G20 Eminent Persons Group on Global Financial Governance group will be tasked with reviewing issues relating to global financial governance, specifically in the areas of international finance institutions, such as the World Bank and the International Monetary Fund (IMF). The members of the group bring experience and diversity from countries around the world to these issues and will serve in their personal capacities.
Taylor’s recent research at Stanford focuses on the above international finance and monetary issues. He received the Central Banking Award for Economics in 2016 for his proposal to create a rules-based international monetary system, and he recently held a conference at the Hoover Institution on the subject resulting in his book Rules for International Monetary Stability: Past, Present, and Future with Michael Bordo. His book Global Financial Warriors chronicles his experience as undersecretary of the US Treasury, where he was responsible for US oversight of the IMF, World Bank, and other international financial institutions.
About the Hoover Institution: The Hoover Institution, Stanford University, is a public policy research center devoted to the advanced study of economics, politics, history, and political economy—both domestic and foreign—as well as international affairs. With its eminent scholars and world-renowned Library & Archives, the Hoover Institution seeks to improve the human condition by advancing ideas that promote economic opportunity and prosperity and secure and safeguard peace for America and all mankind.
CONTACT INFORMATION: Marlon Bateman | Office of Public Affairs | Hoover Institution | bateman [at] stanford.edu | 650-723-0603