Professor Mark Taylor advises UK Treasury Select Committee
Opinions19 June 2009
Mark Taylor, Professor of International Financial Strategy, attended a House of Commons Treasury Committee of Inquiry at Westminster on Tuesday to give evidence as an expert witness into the international banking crisis.
He was questioned by MPs on a range of issues concerning potential reforms to the international monetary system (such as the need for a new global reserve currency and the management of global imbalances) and on potential reforms to the international financial regulatory system.
Professor Taylor, who is currently also a Managing Director of Barclays Global Investors (BGI) and one of the Commissioners of the Warwick Commission on International Financial Reform commented, "I very much enjoyed the experience. The MPs' questions were very searching but I was able to draw both on my academic research and on my practical experience as an asset manager at BGI. I was also in Ottawa a couple of weeks ago at the third meeting of the Warwick Commission, where I had chance to debate many of these issues with the other Commissioners.
"One of the points that I stressed to the Committee is the need for increased transparency in the financial markets and the need for regulation that is focused and intelligent."
On Saturday June 20, Mark will be speaking on the financial crisis at a joint WBS-Economics Department event during the University's alumni reunion weekend.
About Professor Mark Taylor
Previously Fellow at University College, Oxford; Professor of Financial Economics, City University Business School, Liverpool and Dundee Universities; Visiting Professor, Stern School of Business, New York University; five years Senior Economist at International Monetary Fund, Washington DC; Economist, Bank of England; foreign exchange dealer, London.
Consultancy includes International Monetary Fund; World Bank; Bank of England; UK Department for International Development. Special Economic Adviser to two UK Cabinet members.
Research interests are international finance; financial markets; emerging markets; financial econometrics; macroeconomics; monetary economics; asset price determination; and the interaction between real and financial sides of economy.
A more detailed biography can be found here.
He was questioned by MPs on a range of issues concerning potential reforms to the international monetary system (such as the need for a new global reserve currency and the management of global imbalances) and on potential reforms to the international financial regulatory system.
Professor Taylor, who is currently also a Managing Director of Barclays Global Investors (BGI) and one of the Commissioners of the Warwick Commission on International Financial Reform commented, "I very much enjoyed the experience. The MPs' questions were very searching but I was able to draw both on my academic research and on my practical experience as an asset manager at BGI. I was also in Ottawa a couple of weeks ago at the third meeting of the Warwick Commission, where I had chance to debate many of these issues with the other Commissioners.
"One of the points that I stressed to the Committee is the need for increased transparency in the financial markets and the need for regulation that is focused and intelligent."
On Saturday June 20, Mark will be speaking on the financial crisis at a joint WBS-Economics Department event during the University's alumni reunion weekend.
About Professor Mark Taylor
Previously Fellow at University College, Oxford; Professor of Financial Economics, City University Business School, Liverpool and Dundee Universities; Visiting Professor, Stern School of Business, New York University; five years Senior Economist at International Monetary Fund, Washington DC; Economist, Bank of England; foreign exchange dealer, London.
Consultancy includes International Monetary Fund; World Bank; Bank of England; UK Department for International Development. Special Economic Adviser to two UK Cabinet members.
Research interests are international finance; financial markets; emerging markets; financial econometrics; macroeconomics; monetary economics; asset price determination; and the interaction between real and financial sides of economy.
A more detailed biography can be found here.
