Summers, Lawrence - from United States

ID: 240061
Organization: G30
Country of meeting: in the year 2018

Is President Emeritus of Harvard University, and former Nathaniel Ropes Professor of Political Economy. In the past decade he served in a series of senior public policy positions, including Director of the National Economic Council for the Obama Administration from 2009 to 2011 and Secretary of the Treasury of the United States, from 1999 to 2001. He is currently the Charles W. Eliot University Professor at Harvard University. He received a bachelor of science degree from the Massachusetts Institute of Technology in 1975 and after completing his dissertation, “An Asset-Price Approach to Capital Income Taxation,” he was awarded a Ph.D. from Harvard in 1982. He then went to Washington as a domestic policy economist for the President’s Council of Economic Advisers.

In 1983, he returned to Harvard as a professor of economics, and became one of the youngest individuals in recent history to be named as a tenured member of the University’s faculty. In 1987 Mr. Summers became the first social scientist ever to receive the annual Alan T. Waterman Award of the National Science Foundation (NSF), established by Congress to honor an exceptional young U.S. scientist or engineer whose work demonstrates originality, innovation, and a significant impact within one’s field. In 1993, Mr. Summers was awarded the John Bates Clark Medal, given every two years to the outstanding American economist under the age of 40. Mr. Summers took leave from Harvard in 1991 to return to Washington, this time as Vice President of Development Economics and Chief Economist of the World Bank.

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