Stijn Claessens

Stijn Claessens is Assistant Director in the Research Department of the International Monetary Fund where he heads the Macro-Financial Unit. Dr. Claessens, a Dutch national, holds a Ph.D. in business economics from the Wharton School of the University of Pennsylvania (1986) and M.A. from Erasmus University, Rotterdam (1984). He started his career teaching at New York University business school (1987) and then worked for fourteen years at the World Bank in various positions (1987-2001). He taught for three years at the University of Amsterdam (2001-2004), where he remains a Professor of International Finance Policy. Prior to his current position, he was Senior Adviser in the Financial and Private Sector Vice-Presidency of the World Bank (2004-2006). Dr. Claessens' policy and research interests are firm finance and corporate governance; risk management; globalization; and business and financial cycles. Over his career, Dr. Claessens has provided policy advice to many countries. His research has been published, among others, in the Journal of Financial Economics, Journal of Finance and Quarterly Journal of Economics. He has edited several books, including International Financial Contagion (Kluwer 2001), Resolution of Financial Distress (World Bank Institute 2001), A Reader in International Corporate Finance (World Bank 2006) and Macro-Prudential Regulatory Policies: The New Road to Financial Stability (World Scientific Studies in International Economics). He is an Editor of the Journal of Financial Services Research, and an associate editor at the World Bank Economic Review, the IMF Economic Review, and at other journals. He is also a fellow of the London-based CEPR, ECGI (Brussels), AICG (Seoul), Wharton Financial Institutions Center, and a member of the Advisory Board of the Millstein Center for Corporate Governance and Performance at Yale University.