Best known for his work on economic theory of international economies and his analysis of monetary and fiscal policy, Robert Mundell prepared the first plans for a common currency in Europe-, his insights into the international monetary system, currency issues and the world economy at large, provide a subtle foundation for strategic decision makers in the financial world.
After studying at the MIT and the London School of Economics, Robert Mundell received his PhD from MIT in 1956. Since then he has lectured at several leading Universities in the USA and abroad. In 1961, he joined the IMF and also became editor of the Journal of Political Economy.
Robert Mundell taught at Stanford University and The Johns Hopkins Bologna Center of Advanced International Studies before joining the staff of the International Monetary Fund in 1961. From 1966 to 1971 he was a Professor of Economics at the University of Chicago and Editor of the journal of Political Economy; and from 1965 to 1975, he was (summer) Professor of International Economics at the Graduate Institute of International Studies in Geneva, Switzerland. For 1997-98 he was the AGIP Professor of Economics at the Johns Hopkins Bologna Center of the Paul H. Nitze School of Advanced International Studies.
Professor Robert Mundell has been adviser to a number of international agencies and organisations, including the UN, the IMF, the World Bank, The European Commission and several governments in Latin America and Europe, the Federal Reserve Board, the US Treasury and the Government of Canada.
Author of numerous works and articles, Robert Mundell is considered a thought leader and the father of the theory of optimum currency areas. He was a pioneer of the theory of the monetary and fiscal policy mix, the theory of inflation and interest and growth, the monetary approach to the balance of payments, and the co-founder of supply-side economics. He has also written extensively on the history of the international monetary system.
Before receiving the Nobel Prize in Economics in 1999, Robert Mundell received the Jacques Rueff Medal and Prize in 1983, the Docteur Honoris Causa from the University of Paris in 1992, an Honorary Professorship at Renmin University in China in 1995 and the Distinguished Fellow Award from the American Economic Association in 1997.
Robert Mundell is in demand as a speaker at prestigious economic and financial summits around the world.