Jonathan D. Ostry

Georgetown University

Jonathan D. Ostry is Distinguished Scholar and, effective August 2022, Professor of the Practice in the Department of Economics at Georgetown University. Previously he served in a number of senior positions at the International Monetary Fund, including Deputy Director of the Research Department and Acting Director of the Asia and Pacific Department. He is a Research Fellow at the Center for Economic Policy Research. His recent responsibilities at the IMF included leading staff teams on: IMF-FSB Early Warning Exercises on global systemic macrofinancial risks; multilateral exchange rate surveillance, including the work of CGER, the Fund’s Consultative Group of 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); 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, 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).

CEPR Policy Research