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 visiting professor at the Central European University. In 2012-13, he chaired the OECD Reference Group on Independent Fiscal Institutions and participated in Peru’s Commission on Strengthening the Macro-Fiscal Framework.
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 teams on economic policy issues to Austria, Belgium, Brazil, Costa Rica, Ecuador, Hungary, Indonesia, Madagascar, Mexico, Peru, Russia, Turkey, and Ukraine. Also, he has been invited to provide advice to the authorities of Argentina, China, Colombia, India, Ireland, Israel, Korea, Nigeria, South Africa, Slovakia, Spain, Thailand, United Kingdom, and Venezuela.
Kopits has held visiting academic appointments at Bocconi, Budapest, Cape Town, Johns Hopkins, Siena, and Vienna universities. He authored numerous publications and is an occasional contributor to media outlets, including the Wall Street Journal and the Financial Times.
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
- “Coping with Fiscal Risk: Analysis and Practice” OECD Journal on Budgeting (November 2014)
- “Ireland’s Fiscal Framework: Options for the Future” Economic and Social Review (Spring 2014)
- 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)
- “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: Implications for North Korea (Seoul National University Press, 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 Macmillan, 2004).
- “Central European EU Accession and Latin American Integration: Mutual Lessons in Macroeconomic Policy Design” North American Journal of Economics and Finance (December 2002).