Dimitri B. Papadimitriou Explained

Dimitri B. Papadimitriou
Term Start:1977
Birth Place:Thessaloniki, Greece
Alma Mater:Columbia University (BA)
New School for Social Research (PhD)
Residence:Annandale-on-Hudson, New York
Institution:Bard College
President Emeritus, Levy Economics Institute; Jerome Levy Professor of Economics; Executive Vice President Emeritus, Bard College

Dimitri B. Papadimitriou (born 9 June 1946, in Thessaloniki)[1] is a Greek and American economist, author, and college professor. He is currently President Emeritus of the Levy Economics Institute of Bard College and Jerome Levy Professor of Economics and Executive Vice President Emeritus, at Bard College.[2] He served as President of the Levy Institute from its inception in 1986 through June 2024.

From 5 November 2016 until February 2018, he was Greece's Ministry of Economy, Development and Tourism in the government of Alexis Tsipras.[3] He also served as Provost and Vice President of Bard College at Simon's Rock.

Early life and education

Dimitri B. Papadimitriou was born in Thessaloniki, Greece, in 1946.[1] He received his BA from Columbia College, Columbia University, in 1969, and a PhD in Economics from the Graduate Faculty of the New School for Social Research in 1986.[2]

Business work

He worked in the William Penn Life Insurance Company of New York, from 1969 until 1977, where he became Executive Vice-President, Secretary, and Treasurer of the company.[1]

Academia

In 1975/76, Papadimitriou was Adjunct Professor on the Graduate Faculty of the New School for Social Research,[2] He was the Executive Vice President of Bard College (1977-2017), and Jerome Levy Professor of Economics, at Bard College since 1977.[4] He was a Visiting Professor at Smolny College in St. Petersburg (Russia) in 2002, and a Distinguished Scholar at the Shanghai Academy of Social Sciences, in China since 2002.[1]

Papadimitriou was the President of the Levy Economics Institute of Bard College from 1986–2024. He now serves the Institute as President Emeritus and Senior Scholar.

In 2019, Papadimitriou served as the Interim Provost of Bard College at Simon's Rock.

Papadimitriou is the author, editor and co-editor of fifteen books and many articles published in various economic journals and on the Levy Institute’s website.[5]

U.S. Congress

Papadimitriou has served as Vice Chairman of the Trade Deficit Review Commission of the United States Congress for the period 1999-2001.[2] He has provided testimony in Congress, as follows:

Minister of Economy in Greece

Papadimitriou had been co-author of a study of the economy of Greece, published in 2014,[6] where the following "policy options" were suggested: A significant, external, financial assistance to Greece through Marshall Plan–type capital transfers from the European Union; a temporary suspension of interest payments on the public debt of Greece; the use of those financial resources toward increasing demand and employment; the introduction of a parallel financial system based on new government bonds, the so-named "Geuros"; and the adoption of an employer-of-last-resort (ELR) program financed through that parallel financial system. The authors argued that their proposal "seems to provide the best strategy for a recovery, having immediate effects on Greek living standards, while [also] containing the effects on [the Greek] foreign debt.[6]

In November 2016, and taking a leave from Bard College for this reason, Papadimitriou was appointed Greece's Minister of Economy, Development and Tourism in the Syriza-led government of Prime Minister Alexis Tsipras.[7]

On 27 February 2018, Papadimitriou resigned from the Greek government citing "reasons of political sensitivity," following revelations that his wife, Rania Antonopoulos, Alternate Minister for Social Solidarity, who had also resigned the previous days, was the recipient of a legal state stipend for housing expenses.[8]

Organizations

Papadimitriou is Chairman of the Board of Directors of the American Symphony Orchestra,[9] and of the editorial boards of the Journal of Economic Analysis, Challenge, and the Bulletin of Political Economy.[10] He is also a member of the International Board of Advisors of ELIAMEP and of ETERON.

Since 2009, he is a fellow of the Economists for Peace and Security organization.[11]

Commentator

Papadimitriou is a regular contributor to the pages of Greece's Kathimerini daily newspaper, and guest-comments in the Los Angeles Times and The Huffington Post website and on Bloomberg Radio.

Selected works

External links

Notes and References

  1. Web site: Dimitri B. Papadimitriou personal website. 24 May 2016. 28 February 2018.
  2. Web site: Bard Faculty. Bard College. 24 May 2016. 28 February 2018.
  3. Web site: Greek PM Tsipras reshuffles cabinet in bid to speed up reforms. Reuters. 2016-11-04. 2016-11-05.
  4. Web site: Board of Governors . Levy Institute . 24 May 2016 . 28 February 2018.
  5. Web site: Books by Dimitri B. Papadimitriou . 2023-06-20 . dimitri-papadimitriou.com.
  6. http://www.levyinstitute.org/pubs/sa_2_14.pdf Prospects and Policies for the Greek economy
  7. "Greek Minister of Economy and Development Dimitri Papadimitriou Will Discuss Greek Debt Crisis and Next Steps for Greece", National Press Club, 13 June 2017
  8. "Economy Minister Dimitris Papadimitriou resigns", Kathimerini, 27 February 2018
  9. Web site: Board of Directors, American Symphony Orchestra. 15 May 2016. 28 February 2018. 18 August 2017. https://web.archive.org/web/20170818045035/http://americansymphony.org/about/board-of-directors/. dead.
  10. https://www.huffingtonpost.com/author/dimitri-b-papadimitriou Dimitri B. Papadimitriou
  11. Web site: Who we are . Economists for Peace and Security . 15 May 2016 . https://web.archive.org/web/20160517045544/http://www.epsusa.org/main/who.htm . 17 May 2016 . dead .
  12. Book: Steven M. Fazzari. Dimitri B. Papadimitriou. Financial Conditions and Macroeconomic Performance: Essays in Honor of Hyman P.Minsky. 5 June 2015. Routledge. 978-1-317-47057-1.
  13. Book: Dimitri B Papadimitriou. Edward N Wolff. Poverty And Prosperity In The Usa In The Late 20th Century. 12 February 2016. Palgrave Macmillan UK. 978-1-349-22953-6.