M. Ayhan Kose

Director of the Prospects Group, World Bank Group

Ayhan Kose is Director of the World Bank Group’s Prospects Group. He is also a Nonresident Senior Fellow at the Brookings Institution and a Research Fellow at the Center for Economic Policy Research (CEPR). He was previously Assistant to the Director of the Research Department and Deputy Chief of the Multilateral Surveillance Division in the International Monetary Fund.

 

He has written extensively on international macroeconomics and finance. Many of his articles have been published in leading academic journals, such as the American Economic Review, International Economic Review, Journal of Monetary Economics, Journal of International Economics, Review of Economic Dynamics, Journal of Development Economics, and Economic Policy. He has also written articles for a number of policy-oriented publications and produced books on global recessions, financial crises and emerging market economies. His latest book, Inflation in Emerging and Developing Economies (co-edited), examines the remarkable decline in inflation over the past half century and its underlying drivers in these economies. His previous book, Collapse and Revival: Understanding Global Recessions and Recoveries (co-authored), tracks the global business cycle through the destruction of a global recession to the renewal of recovery, drawing on four major episodes in the past half century.

His recent research focuses on fiscal and monetary policies in emerging market economies, global business and financial cycles, and cross-border spillovers. He taught at the University of Chicago’s Booth School of Business and INSEAD, and was formerly Assistant Professor at Brandeis International Business School. He has a Ph.D. in economics from the Tippie College of Business of the University of Iowa and a B.S. in industrial engineering from Bilkent University.

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