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Cambridge MA -- Carmen M. Reinhart, one of the world's leading experts on international finance whose work has informed the understanding of financial crises for more than a decade, has been named the Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School (HKS). Her appointment began on July 1, 2012.
Reinhart was previously the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and was previously Professor of Economics and Director of the Center for International Economics at the University of Maryland. She has also held positions as Chief Economist and Vice President at the investment bank Bear Sterns and spent several years at the International Monetary Fund.
Reinhart is co-author (with Harvard Professor Kenneth Rogoff) of the best-selling 2009 book titled "This Time is Different: Eight Centuries of Financial Folly," and has written several other books, articles and papers on exchange rates, banking and sovereign debt crises, currency crashes, and contagion.
"Professor Reinhart brings to the Kennedy School a profound and unique understanding of the world's financial system at a time when the system is under severe stress," said Iris Bohnet, HKS Academic Dean. "Her addition to the faculty will bolster the school's research and teaching in the critical area of markets, business and government."
"I am thrilled with the opportunity to come to Harvard Kennedy School. I look forward to working closely with other faculty, scholars and researchers on some of the most pressing policy challenges of our lifetime," said Reinhart. "This is a very exciting and interesting place to be."
Reinhart earned her bachelor's degree from Florida International University and two master's degrees from Columbia University where she also earned her PhD.