Posted on September 28, 2014

On Monday, September 29, Georgetown University in Qatar (GU-Q) has the privilege of hosting Dr. Charles W. Calomiris, a renowned economist, scholar and researcher.  Drawing heavily on his most recent book Fragile by Design: The Political Origins of Banking Crises and Scarce Credit (with Stephen Harber, Princeton University Press 2014) he will deliver a public lecture on the current state of the banking sector and the fragility of the financial system, while providing a revealing exploration of the ways that politics inevitably intrudes into bank regulation.

 As Calomiris recently said: "Many economists and central bankers talk about banking crises as if they were earthquakes; unpredictable consequences of uncontrollable forces. In fact, all around the world, banking crises generally are home-grown, predictable consequences of domestic political bargains." Professor Calomiris is at GU-Q this week primarily to work with GU-Q economist Dr. Alexis Antoniades on a research project examining how political activism affects banking behavior and subsequently analyzing the consequences such behavior has on lending decisions. His visit is one of a series of visits to GU-Q by other distinguished research scholars over the past few years that aims to promote Qatar's research infrastructure and reinforce Georgetown University in Qatar’s position as a world leader in scholarly research. 

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Professor Calomiris's significant contributions to the study of banking through research, hundreds of publications, numerous books, advising, and consulting have been heralded by scholars and practitioners alike.  He is the Henry Kaufman Professor of Financial Institutions at Columbia Business School and a Professor at Columbia’s School of International and Public Affairs.  Over the years his research and professional work has spanned several areas, including banking, corporate finance, financial history, monetary economics, and economic development. 

He serves or has served on the International Financial Institution Advisory Commission, the IMF, the US Treasury, WTO, the Federal Reserve Banks of New York, Chicago, Cleveland, St. Louis, and Philadelphia, the Federal Reserve Board, the World Bank, and the governments of Mexico, Argentina, Japan, China, El Salvador, Brazil, Colombia, Connecticut and Massachusetts. His private sector clients have included Bank of America, Goldman Sachs, Lloyds, AIG, UBS, Citicorp, Fidelity, Fleet, Credit Suisse, The Limited, Xilinx, Verizon, Wachtel Lipton, Milbank Tweed, Cleary Gottlieb, O’Melveny & Myers, Mayer Brown, LeBoeuf Lamb, Latham Watkins, Ince & Co., and Fenwick & West, among others.  He received a B.A. in economics from Yale University and a Ph.D. in economics from Stanford University.