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George Kopits

Global Fellow


    September 1, 2011 — September 30, 2020

    Professional affiliation

    Member, Public Finance Council, Portugal, and Visiting Professor, Central European University

    Full Biography

    George Kopits is a global fellow at the Wilson Center, where his primary research interest is policymaking in the European Union. He is a member of Portuguese Public Finance Council and is on the adjunct faculty of Central European University. In 2014-15, he was an advisor at the IMF’s Independent Evaluation Office. 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. Between 2011 and 2018, he was a member of the Public Policy Dialogue, Federal Ministry of Finance, in Germany.

    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 Argentina, 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 China, Colombia, India, Ireland, Israel, Japan, Korea, New Zealand, Nigeria, South Africa, Slovakia, Spain, Thailand, United Kingdom, and Venezuela.

    Kopits has held visiting academic appointments at Bocconi, Budapest, Cape Town, Georgetown, 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.

    Major Publications

    “How Could the Stability and Growth Pact be Simplified?” Economic and Monetary Committee, European Parliament (April 2018)

    “Toward a Closer Union in Europe: Elusive Mirage or Reality within Grasp?” in N. Cabral, ed., The Euro and the Crisis: Future Perspectives for a Monetary and Budgetary Union (Springer, 2017) 

    “Managing the Euro Debt Crisis” in L. Odor, ed., Rethinking Fiscal Policy (Cambridge, 2017)

    “The Case for an Independent Fiscal Institution in Japan” Meiji Journal of Political Science and Economics (December 2016)

    “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, 2013)

    “Monetary and Fiscal Policy from Transition to EU Integration” in B. Kim and C. Lim, eds., Financial Sector Reform in Transition Economies: Implications for North Korea (Seoul University, 2009)

    “Inflation Targeting under Stress” Central Banking (November 2008)

    “Fiscal Indulgence in Central Europe ?” 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).