Jonathan D. Ostry is Deputy Director of the Asia and Pacific Department at the International Monetary Fund and a Research Fellow at the Center for Economic Policy Research (CEPR). His recent responsibilities include leading staff teams on: IMF-FSB Early Warning Exercises on global systemic macro-financial risks; vulnerabilities exercises for advanced and emerging market countries; multilateral exchange rate surveillance, including the work of CGER, the Fund’s Consultative Group Exchange Rates, and EBA, the External Balance Assessment; international financial architecture and reform of the IMF’s lending toolkit; capital account management (capital controls and prudential tools to manage capital inflows) and financial globalization issues; fiscal sustainability issues; and the nexus between income inequality and economic growth. Past positions include leading the division that produces the IMF’s flagship multilateral surveillance publication, the World Economic Outlook, and leading country teams on Australia, Japan, New Zealand, and Singapore. Mr. Ostry is the author of a number of books on international macro policy issues and numerous articles in scholarly journals. His most recent books include Taming the Tide of Capital Flows (MIT Press, 2017) and Confronting Inequality (Columbia University Press, 2018). His work has been widely cited in print and electronic media, including the BBC, the Economist, the Financial Times, the Wall Street Journal, the New York Times, the Washington Post, Business Week, and National Public Radio. His work on inequality and unsustainable growth has also been cited in remarks made by President Barack Obama. He earned his B.A. (with distinction) from Queen’s University (Canada) at age 18, and went on to earn a B.A. and M.A. from Oxford University (Balliol College), and graduate degrees from the London School of Economics (M.Sc., 1984) and the University Chicago (Ph.D., 1988). He is listed in Who’s Who in Economics (2003).
- How the Great Lockdown Saved Lives
- How Pandemics Leave the Poor Even Farther Behind
- Reform Doesn’t Have to Cost Votes
- Economic Gains from Gender Inclusion: Even Greater Than You Thought
- All Hands on Deck: Confronting the Challenges of Capital Flows
- The IMF’s Work on Inequality: Bridging Research and Reality
- Are Capital Flows Expansionary or Contractionary? It Depends What Kind
- When Is Repaying Public Debt Not Of The Essence?
- Managing Capital Flows in Frontier Economies
- Treating Inequality with Redistribution: Is the Cure Worse than the Disease?
- International Policy Coordination: The Loch Ness Monster
- Capital Controls: When Are Multilateral Considerations of the Essence?
- The Case for a Managed Float under Inflation Targeting
- Warning! Inequality May Be Hazardous to Your Growth
- Watch this (Fiscal) Space: Assessing Room for Fiscal Maneuver in Advanced Countries