Stijn Claessens Topic: Recent Developments in Global Banking

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Stijn Claessens Topic: Recent Developments in Global Banking

Stijn Claessens is Senior Adviser in the International Finance Division at the United States Board of Governors of the Federal Reserve System. Prior to this, he was Assistant Director in the Research Department of the International Monetary Fund from 2007-2014. Mr. Claessens holds a PhD in business economics from the Wharton School, University of Pennsylvania and an MA from Erasmus University, Rotterdam. He began his career teaching at New York University’s business school, then worked for seventeen years at the World Bank in various positions, including as Senior Advisor in the Financial and Private Sector Vice-Presidency. In between, he also taught for three years at the University of Amsterdam, where he remains a Professor of International Finance Policy. Mr. Claessens’ policy and research interests are in finance, including corporate governance, globalization, and business and financial cycles. Over his career, Mr. Claessens has provided policy Stijn Claessens advice to numerous countries, including on governments’ external Senior Adviser, debt strategies and asset-liability management, and corporate and International Finance financial sector reform and restructuring. His research has been published in many eminent journals such as the Journal of Financial Division Economics, the Journal of Finance, the Journal of International Economics, and the Quarterly Journal of Economics, and he has Board of Governors of written and edited several books. Mr. Claessens is an associate the Federal Reserve editor of journals from the IMF, Economic Review and the Journal System of Financial Intermediation. His current professional affiliations include Fellow of the Wharton Financial Institutions Center, CEPR fellow, and Member of the Advisory Board of the Yale Financial Stability Program. Topic: Recent Developments in Global Banking.

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