While at AEI, Adam Lerrick will be studying international capital markets, particularly the role of hedge funds; international financial crises; sovereign debt restructuring; and economic development, including the impact of aid and the role of multilateral institutions. Concurrently, Dr. Lerrick is a professor of economics at Carnegie Mellon University, and an advisor to the Congressional Joint Economic Committee. He served as the senior advisor to the chairman of the International Financial Institution Advisory Commission (“Meltzer Commission”), where he analyzed the workings of the World Bank and reassessed its role in the global economy. Previously, he was an investment banker with Salomon Brothers and Credit Suisse First Boston.

 

Short Biography

-Friends of Allan H. Meltzer Professor of Economics and director of the Gailliot Center for Public Policy, Tepper School of Business, Carnegie Mellon University, 2001-present

-Advisor, Joint Economic Committee, U.S. Congress, 2001-present

-Chairman, Sovereign Debt Solutions Limited, (capital markets advisory firm) negotiation team of the largest foreign creditor in the $100 billion Argentina debt restructuring, 2003-present

-Advisor to House Majority Leader Dick Armey, 2001-2003

-Member, Commission on the Role of the Multilateral Development Banks in Emerging Markets, 2001

-Senior advisor to the chairman of the congressionally authorized International Financial Institution Advisory Commission (“Meltzer Commission”), 1999-2000

-Chairman, Lerrick & Company Incorporated (capital markets advisory firm), 1990-1999

-Partner, Voute Coats Stuart & O’Grady (investment banking), 1989-1990

-Head of capital markets product development, Credit Suisse First Boston, 1987-1988

-Head of capital markets international product development, Salomon Brothers, 1982-1986

Education

Ph.D., economics, Massachusetts Institute of Technology

B.A., economics, Princeton University

Ecole Alsacienne, mathematics, Paris, France

 

Articles and Short Publications

When the Price of Bad Policy Is Hunger The Rich World and the Food Crisis World Bank Weary

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Events

The History, Impact, and Future of Private Equity Do We Still Need the World Bank? Why Foreign Aid Has Failed . . . and How to Fix It

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Speaking Engagements

All Eyes on the World Bank Demystifying Hedge Funds Is the World Bank’s Word Good Enough?