Andrew Hughes Hallett is University Professor of Economics and Public Policy in the School of Public Policy at George Mason University; and Professor at the University of St Andrews in Scotland. From 2001 to 2006, he was Professor of Economics at Vanderbilt University in Nashville, and before then ...
Economics & Finance, Government & Politics
Andrew Hughes Hallett is University Professor of Economics and Public Policy in the School of Public Policy at George Mason University; and Professor at the University of St Andrews in Scotland. From 2001 to 2006, he was Professor of Economics at Vanderbilt University in Nashville, and before then at the University of Strathclyde in Scotland. He is a graduate of the University of Warwick (UK) and London School of Economics, holds a Doctorate from Oxford University. He has been Visiting Professor in Economics at Princeton University and Fulbright Fellow 1992-4; Bundesbank Professor at the Free University of Berlin (2005); and has held visiting positions at the Universities of Warwick, Frankfurt, Rome-I, Paris X, Cardiff and the Copenhagen Business School.
Concurrently he is Fellow of the Royal Society of Edinburgh (Scotland's Academy of Sciences) and former chair of their Economics Committee; joint editor of the Scottish Journal of Political Economy; and served as Research Fellow in the Centre for Economic Policy Research in London (1985-2009). Since 2007, he has acted as advisor to the Scottish government on economic governance issues; and since 2009 consultant to the Fiscal Affairs division of the European Central Bank on debt management problems.
Professor Hughes Hallett's research interests lie in the fields of international economic policy; policy coordination; fiscal policy; the political economy of monetary integration and institutional design; and the theory of economic policy and institutional design. This includes applications of game theory; fiscal-monetary interactions; exchange rate regimes; optimal policy under uncertainty; risk sharing; policies in transition or developing economies; and the issue of structural reform. In the past he has also worked on commodity markets and problems of financial market stabilisation, numerical methods in economics, and on strategic trade policy. In these areas he has published over 280 papers in leading academic journals and books (ranked in top 1% of economists world-wide by publications/citations); plus 8 books and 16 government or agency reports, and has acted as expert witness to select committees of the UK Parliament (House of Commons, House of Lords), and to the Scottish Parliament, on a number of occasions.
Beyond the academic world, he has acted as consultant to the World Bank and the IMF at various times; also the Federal Reserve in Washington, the Institute for International Economics in Washington, and to the UN, UNESCO, OECD, the European Commission, the European Central Bank, and to various governments and a number of central banks in Europe. These assignments have ranged from evaluations of trade policy; fiscal and monetary stability; the scope for stabilising financial/commodity markets; to an assessment of the dollar and partner currencies; investment under uncertainty; and evaluating of the best exchange rates for joining the Euro for the European Commission. He was one of 14 academics selected to review the UK government's the case for joining the Euro; and one of 18 selected by the European Commission to review the progress and future challenges of the new European currency and economy.
Currently he sits on the Council of Economic advisors to the Scottish government, and was an expert advisor to the Calman Commission of the UK government on economic governance. He continues as consultant to the European Central Bank on fiscal matters.