Willem Buiter

Willem Buiter is an independent economic adviser.  Since 2015 he is Adjunct Professor at Columbia University’s School of International and Public Affairs in New York.


He has a BA from Cambridge University and a Ph. D. in Economics from Yale University.  He has held full-time professorial appointments at Princeton University, the University of Bristol, the LSE, Yale University and Cambridge University. He is a Fellow of the British Academy.  He was awarded a CBE for “services to economics’ in 2000.  In 2012 he received a Honorary Doctorate from the University of Amsterdam.


2015 – present –  Adjunct Professor at Columbia University’s School of International and Public Affairs in New York
2014 – present – Adjunct Senior Fellow at the Council on Foreign Relations in New York
2018-2019 – Special Economic Adviser at Citigroup
2010-2018 – Global Chief Economist at Citigroup
2005-2009 – Adviser to Goldman Sachs
2000-2005 – Chief Economist and Special Counselor to the President at the EBRD
1997-2000 – Founding external member of the Monetary Policy Committee of the Bank of England

He has been an adviser to the IMF, the World Bank, the Inter-American Development Bank, the European Commission, central banks, finance ministries and corporations across the world.  He is a member of the Advisory Scientific Committee of the European System Risk Board (ESRB).

Additional Information

He has published six books on economics, with a seventh forthcoming.  He has written several hundred articles on monetary economics, open economy macroeconomics, international finance and public finance.  He is a frequently commentator on global economic developments.

Selected publications

“Central Banks as Fiscal Players; The Drivers of Fiscal and Monetary Policy Space”; Cambridge University Press; March 2021

“Towards an Enhanced Lender of Last Resort and a Market Maker of Last Resort.” Paper presented at the International Finance and Banking Society conference, Oxford University, 13 September 2021.

“The widespread failure of central banks to control inflation “, paper presented at the Annual Conference of the Institute of International Monetary Research, 25 October 2022. To be published in the February 2023 edition of Economic Affairs

“Stabilising financial markets: lending and market making as a last resort”, with Stephen Cecchetti, Kathryn Dominguez and Antonio Sanchez-Serrano; EBRD – ASC paper. November 2022