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South African economist
Desmond Lachman (born 1948), is a South African-born economist and finance author, who was a senior advisor (1984–1994) and then Deputy Director (1994–1996) at the
International Monetary Fund , the Managing Director and Chief Emerging Market Strategist at
Salomon Smith Barney (1996–2003), and a Fellow at the
American Enterprise Institute (2003–).
[2]
[1] Lachman has served as an
adjunct professor at
Johns Hopkins University (2009), and
Georgetown University (2010).
[1]
In 2006, Paul Blustein of the Wall Street Journal said Lachman "distinguished himself amongst other analysts" in predicting that Argentina would be eventually forced to default on its debts.
[2] In 2011, Bloomberg credited Lachman with predicting the global credit crisis and the credit issues that the Euro currency would create amongst some member states.
[3] In 2016, Blustein said "Some of his direct forecasts have proven perspicacious and have come well ahead of the pack".
[4]
Lachman is a frequent opinion contributor in the main financial media, including the
Financial Times ,
[5]
The Wall Street Journal ,
[6] and
Bloomberg ,
[7] as well as for the wider national media such as for
The Hill ,
[8] for
U.S. News ,
[9] for
Fox News ,
[10] and for
CNN .
[11]
He is also regularly interviewed for his views on emerging markets in the financial media, such as in
Barron's ,
[12]
CNBC ,
[13] and the
Economist .
[14] Lachman is interviewed on general economics for the wider non-financial national media such as for
USA Today ,
[15] for
BBC News ,
[16] and for
NPR .
[17]
[18]
In 2011, BBC's
Newsnight , named Lachman's graph of 10-year euro yields as their "Chart of the Year", from submissions by leading economists.
[19]
[20]
Published works
See also
References
^
a
b
c
d
"Hearing before the Subcommittee on Monetary Policy and Trade: What is Central about Central Banking?" .
United States House Committee on Financial Services . 13 November 2013. Retrieved 10 February 2021 . Biography: Desmond Lachman
^
a
b
c
d Blustein, Paul (March 2006).
"Chapter 4: Enronization" . And the Money Kept Rolling In (and Out): Wall Street, the IMF and the Bankrupting of Argentina .
PublicAffairs .
ISBN
978-1586483814 .
^ Editorial (30 March 2011).
"Former IMF Official Sees New Bank Crisis" . Bloomberg Law . Retrieved 11 February 2021 .
^ Blustein, Paul (November 2016).
Laid Low: Inside the Crisis That Overwhelmed Europe and the IMF . p. 50.
ISBN
978-1928096252 . Retrieved 10 February 2021 .
^ Lachman, Desmond (9 August 2019).
"The basic reason China is averse to US bond sales" .
Financial Times . Retrieved 10 February 2021 .
^ Lachman, Desmond (14 January 2019).
"Debt Denial Is a Threat to America" .
The Wall Street Journal . Retrieved 10 February 2021 .
^
"Contributions: Desmond Lachman" . Bloomberg . Retrieved 10 February 2021 .
^ Lachman, Desmond (14 October 2020).
"A wake-up call from the IMF" .
The Hill . Retrieved 10 February 2021 .
^
"Desmond Lachman, Opinion Contributor" .
U.S. News & World Report . Retrieved 10 February 2021 .
^
"Contributor: Desmond Lachman" .
Fox News . Retrieved 10 February 2021 .
^ Lachman, Desmond (30 December 2011).
"Why European loans could hurt U.S. taxpayers" .
CNN . Retrieved 10 February 2021 .
^ Struss, Lawrence (2 September 1998).
"Impact of Russia's Crisis Could Linger" .
Barron's . Retrieved 10 February 2021 .
^ Levingston, Ivan (8 June 2016).
"Experts offer some praise for Puerto Rico bill in Congress" .
CNBC . Retrieved 10 February 2021 .
^ Washington, R.A. (21 April 2010).
"Interview with Desmond Lachman: Greek Debt, Picking up momentum" .
Economist . Retrieved 10 February 2021 .
^ Davidson, Paul (1 December 2020).
"Biden set to announce his economic team led by Janet Yellen, who face a dark winter outlook, split Congress" .
USA Today . Retrieved 11 February 2021 .
^
"Why US rates have a global impact" .
BBC News . 13 June 2018. Retrieved 10 February 2021 .
^ Talk of the Nation (1 September 1998).
"Stock Market" .
NPR . Retrieved 10 February 2021 .
^ Brand, Madelline (4 September 2007).
" 'Marketplace' Report: Tackling the Mortgage Crisis" .
NPR . Retrieved 10 February 2021 .
^ Pryce, Vicky (14 December 2011).
"Top Economists Reveal Their Graphs Of 2011" .
Business Insider . Retrieved 10 February 2021 .
^ Thompson, Derek (21 December 2011).
"The Most Important Graphs of 2011" .
The Atlantic . Retrieved 10 February 2021 .
External links
International National Other