Alexandre LamfalussyAlexandre Lamfalussy is one of the leading central bankers of his time and has become one of the main proponents for a single capital market within the European Union. He was a member of the Delors Committee for the Study of European Economic and Monetary Union, the General Manager of the Bank for International Settlements and the first President of the European Monetary Institute (in charge of preparing the third stage of EMU). He also was an Executive Director of Banque Bruxelles Lambert and the Chairman of MTS S.p.A., the company running the international bond trading platform euroMTS. He chaired the Committee of Wise Men on the Regulation of European Securities Markets, whose reform proposals were adopted by the EU Council of Ministers in Stockholm in March 2001 (see paragraphs 18 and 19 as well as Annex I of the Presidency Conclusions). M. Lamfalussy was born in Hungary in 1929 and studied at the Catholic University of Louvain in Belgium. He obtained a doctorate (D.Phil.) in economics from Oxford University (Nuffield College) and taught at the Catholic University of Louvain and at Yale University. He is the author of numerous research articles and books on economic policy. His latest book is entitled Financial Crises in Emerging Markets - An Essay on Financial Globalisation and Fragility (New Haven and London: Yale University Press, 2000). In November 2001 he published the article "Towards an Integrated European Financial Market" (The World Economy, vol. 24, no. 10, pp. 1287-1294). In 1993, King Baudouin of Belgium conferred upon him the title of Baron. � |
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