Wilson Center Experts

George Kopits

Senior Scholar
Global Europe Program

Contact Information:
T 202-691-4000 // F 202-691-4001
Economics and Globalization
Latin America
Chairman, Fiscal Council, Republic of Hungary Member, Public Finance Council, Portugal; Visiting professor, Central European University
Sep 01, 2011
Aug 31, 2014

George Kopits is a senior scholar at the Woodrow Wilson International Center for Scholars, where his primary research interest is the Euro debt crisis. He is also a member of Portugal’s Public Finance Council and a member of the Commission on Strengthening the Macro-Fiscal Framework in Peru.

From 2009 to 2011, Kopits served as the first chair of the Fiscal Council in Hungary—elected unanimously by Parliament. From 2004 to 2009, he was a member of the Monetary Council, National Bank of Hungary. Previous positions include assistant director at the International Monetary Fund, and financial economist at the Office of the Secretary, U.S. Treasury Department. In addition to involvement in fiscal and monetary policymaking in Hungary and the United States, Kopits headed technical assistance missions on economic policy issues to Austria, Belgium, Brazil, Costa Rica, Ecuador, Indonesia, Madagascar, Mexico, Peru, Russia, and Ukraine. Also, he was invited to provide advice to the authorities of Argentina, China, Colombia, India, Israel, Korea, Nigeria, South Africa, Thailand, United Kingdom, and Venezuela.

Kopits has held visiting academic appointments at Bocconi, Budapest, Cape Town, Johns Hopkins, Siena, and Vienna universities. He authored more than sixty publications and is an occasional contributor to the Wall Street Journal and the Financial Times. Currently, he is on the faculty of the Central European University.

Kopits holds a Ph.D. in economics from Georgetown University and is a member of the Hungarian Academy of Sciences.

Additional Areas of Expertise:
Fiscal policy, monetary policy, international economics; Europe, Latin America

Major Publications

  • Restoring Public Debt Sustainability: the Role of Independent Fiscal Institutions (Oxford University Press, 2013)
  • Can Fiscal Sovereignty be Reconciled with Fiscal Discipline?” Acta Oeconomica (May 2012)
  • “Independent Fiscal Institutions: Developing Good Practices” OECD Journal on Budgeting (November 2011)
  • “Monetary and Fiscal Policy from Transition to EU Integration: A Comparative Assessment” in B.Y. Kim and C. H. Lim, eds., Financial Sector Reform in Transition Economies (Seoul National University, 2009);
  • “Inflation Targeting under Stress” Central Banking (November 2008);
  • “Fiscal Indulgence in Central Europe: Loss of the External Anchor?” Scottish Journal of Political Economy (February 2007);
  • “Assessing Fiscal Sustainability under Uncertainty” Journal of Risk (Summer 2004);  
  • Rules-Based Fiscal Policy in Emerging Markets: Background, Analysis and Prospects (Palgrave, 2004). 
  • “Central European EU Accession and Latin American Integration: Mutual Lessons in Macroeconomic Policy Design” North American Journal of Economics and Finance (December 2002). 


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