Food for Thought: "From the Dollar Standard to a Multiple Currency Standard: Current Developments in the Light of Pre-1914 Experience" - Marcello De Cecco

Tuesday, May 8, 2007 - 11:45 AM
University of Waterloo, Hagey Hall 334, Waterloo, Canada
May 8

"From the Dollar Standard to a Multiple Currency Standard: Current Developments in the Light of Pre-1914 Experience".

The world in which we live today is in many ways similar to, and in other ways different from, the one which existed in the two decades before 1914. New world powers are in the making now, as they were then. Power politics seems to have superseded the politics of alliances based on ethics and values. Is the multiple currency world towards which we seem to be going bound to prove as dynamically disastrous as the one which came to an end in 1914?

Speaker Bio

Born in 1939, LL.B ( Parma,1961) , B.A. Econ (Cambridge,1964) is professor of monetary and financial history at the Scuola Normale Superiore di Pisa, Going back in time, he was professor of Monetary economics at the University of Rome “La Sapienza”, at the European University Institute in Fiesole and in the Faculty of Economics at the University of Siena, and a lecturer in the School of Social Sciences at the University of East Anglia. In the course of his academic careeer, he was a professorial fellow at St,Antony’s College, Oxford and at the Royal Institute of International Affairs (Chatham House), a visiting professor at the University of Edinburgh , the Ecole Nationale d’ administration (ENA) in Paris and at the London School of Economics, a fellow of the Institute for Advanced Study, Princeton 1983-84)and of the Wissenschafts Kolleg zu Berlin(1999-2000). In 1982 He held the Amadeo Giannini Chair of Italian Culture in the faculty of economics at the University of California, Berkeley. In 1993-94 He was a visiting scholar at the International Monetary Fund, Washington and at the Centers for European Studies and International Studies at Harvard University, and a member of the joint Harvard-MIT Seminar. In 2007 he has been a research fellow at the Bank for International Settlements’ Asian Office in Hong Kong. Currently he is an adviser to the Italian Minister of the Programme and to the Finance Minister, a member of the Board of the Istituto dell’ Enciclopedia Italiana, of the Fondazione Lorenzo Valla, and chairs the scientific committee of the Ente Einaudi per gli studi monetari, bancari e finanziari. He is a member of the scientific advisory board of the Unicredit bank, and of Mediobanca’s Ricerche &Studi. He is vice-president of the Italian Economic Association. Previously, he was an executive director of the Monte dei Paschi di Siena bank and of the Banca Nazionale del Lavoro, of the Italian International Bank in London and of the CREDIOP bank . From 1997 to 2000, he was a member of the the Italian Prime Minister ‘s Council of Economic Advisers. His publication include “Money and Empire” (Blackwell, 1974 ) , “Changing Money “(Blackwell, 1984) and several other books and articles on money and finance in international journals . He contributed two entries to the New Palgrave Dictionary( on the Gold Standard and on Foreign Exchange Markets). He is an editorial writer for the Italian daily newspaper “La Repubblica”.



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