Dr. Posen brings a distinctively global perspective to macroeconomic policy analysis and forecasting. He has written about the financial and economic challenges faced by the European Union following the adoption of the euro and the lasting impact of Japan's economic crisis of the 1990s, while providing counsel directly to the Japanese government in Tokyo. Leading up to the successful London G-20 summit of 2009 during the global financial crisis, he consulted for the UK Cabinet Office.
In September 2009, Dr. Posen was appointed by the UK Chancellor of the Exchequer to serve as an external member of the Bank of England's rate-setting Monetary Policy Committee (MPC), a role he served in for three years. During this critical period for the world economy, Dr. Posen advocated an activist policy response to the financial crisis, led the MPC into quantitative easing, supported efforts to stimulate business investment, and accurately forecasted global inflation developments.
Dr. Posen received his PhD and BA from Harvard University. In addition to his leadership at the Institute, Dr. Posen advises the US Congressional Budget Office. He is a member of the Council on Foreign Relations, the Trilateral Commission, and the faculty of the World Economic Forum, as well as serving as a trustee of the American Academy in Berlin.
Dr. Posen has been the recipient of major grants and research fellowships from the American Academy in Berlin, the Bank of England, the Brookings Institution, the European Commission, the Ford Foundation, the Sloan Foundation and the US National Science Foundation. He has been widely profiled and interviewed by leading news organizations, including Bloomberg, the Wall Street Journal, New York Times, Washington Post, and Financial Times. His op-eds have appeared in many publications and he has served as a regular columnist for the Financial Times.