I specialize in advising central banks on monetary policy and the development of the capacity to formulate and implement monetary policy.
I retired from the International Monetary Fund in 2003 as Assistant Director of the Monetary and Financial Systems Department, where I led missions to over twenty countries. Prior to that I served as visiting economist to the Board of Governors of the Federal Reserve System, and to the World Bank, and was Assistant Prof of Economics at UVa from 1970-75. I am currently a director of the Cayman Islands Monetary Authority, Senior Monetary Policy Advisor to the Central Bank of Iraq, an IMF consultant to the central banks of Afghanistan, Kenya and Zimbabwe and a Deloitte/USAID advisor to the Government of Southern Sudan. My most recent book is “One Currency for Bosnia: Creating the Central Bank of Bosnia and Herzegovina.”