Liviu Voinea

Senior Advisor to the Executive Director, IMF

Liviu Voinea has been Senior Advisor to the Executive Director and member of the Executive Board of the IMF since August 2019, representing Romania to the IMF. Prior to that, he was Deputy Governor of the National Bank of Romania (2014-1019), Budget Minister (2012-2014) and Deputy Minister of Finance (2012). He is professor of economics at the Bucharest University of Economic Studies and a former post-doctoral researcher at the European Commission’s JRC in Seville. He received the Romanian Academy Award in Economic Sciences. His research interests include fiscal policy, monetary policy, financial stability, and inequality. He is the author of Defensive Expectations. Reinventing the Phillips Curve as a Policy Mix (Palgrave Macmillan, 2021), introducing the concepts of cumulative wage gap as a measure of slack and compensatory savings as excess savings made to compensate for an income loss.

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