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John B. Taylor

Former under Secretary for International Affairs

John B. Taylor recently returned to Stanford University where he is currently the Roberts Professor of Economics and Senior Fellow at the Hoover Institution.

For four years from 2001 to 2005, Dr. Taylor served as Under Secretary of Treasury for International Affairs. As Under Secretary, he lead the development and implementation of policies in the areas of international finance, trade in financial services, foreign investment, economic development, international debt, and U.S. participation in the International Monetary Fund, the World Bank, and the Inter-American Development Bank, the African Development Bank, the Asian Development Bank, and the European Bank for Reconstruction and Development. Taylor also coordinated financial market policy with the G-7 industrial nations and was Chair of the Working Party on international macroeconomics at the OECD.

As Under Secretary, Taylor made approximately 120 trips to foreign countries and traveled throughout Latin America. He was awarded Medal of the Republic of Uruguay for his work in resolving the 2002 financial crisis. He was also awarded the Treasury Distinguished Service Award for designing and implementing the financial reconstruction plan in Iraq. Taylor's previous government experience includes serving as senior economist on the Council of Economic Advisers from 1976 to 1977; member of the Council of Economic Advisers from 1989 to 1991; and member of the California Governor's Council of Economic Advisers from 1996 to 1998. Taylor also served as a member of the Congressional Budget Office's Panel of Economic Advisers.

Taylor is a globally recognized expert on international monetary and financial issues and has produced extensive research on monetary policy, fiscal policy, and international economic policy. In 1992 he received the Hoagland Prize awarded annually to a faculty member for excellence in undergraduate teaching. In 1997 he was awarded the Rhodes Prize for his high teaching ratings in Stanford's introductory economics course. Taylor has also held positions as professor of economics at Princeton University and Columbia University.

Taylor has also served as Director of the Stanford Institute for Economic Policy Research; Director of the Stanford Introductory Economics Center; and Research Associate at the National Bureau of Economic Research. Born on December 8, 1946 in Yonkers, New York, Taylor received a B.A. in economics summa cum laude from Princeton University in 1968 and a Ph.D. in economics from Stanford University in 1973.

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