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Lawrence Summers

Lawrence H. Summers is the Charles W. Eliot University Professor at Harvard University. He served as 27th president of Harvard University from July 2001 until June 2006. Mr. Summers has served in a series of senior public policy positions, including political economist for the President’s Council of Economic Advisers, chief economist of the World Bank, and secretary of the treasury of the United States. In 1993 he received the John Bates Clark Medal, given every two years to the outstanding American economist under the age of 40. Mr. Summers received his B.S. from MIT and his Ph.D. in economics from Harvard.

Fifty of the world’s leading economists discuss Lawrence Summers and Martin Wolf’s columns in a special forum. Read the Economists’ forum. - -

A strategy to promote healthy globalisation

US international economic policy needs to focus on issues in which the largest number of Americans have the greatest stake, says Lawrence Summers

America needs to make a new case for trade

A model is needed that more successfully aligns the interests of people in rich countries with the success of the global economy, says Lawrence Summers

Steps that can safeguard America’s economy

It is not unreasonable to hope that in the US, at least, the financial crisis will remain in remission, says Lawrence Summers

America needs a way to stem foreclosures

Resolving legal uncertainties and concerns about encouraging defaults will help prevent this costly and damaging problem, says Lawrence Summers

Beyond fiscal stimulus, further action is needed

Confidence would be well served by a comprehensive programme of measures that insures against a prolonged downturn, says Lawrence Summers

How should the US economy be rescued?

Lawrence Summers, US Treasury secretary in the Clinton administration, says Washington must inject up to $75bn in tax cuts into the US economy to offset the mounting risks of a full-blown recession. Quiz him on this and other aspects of the US economy

Why America must have a fiscal stimulus

There is now a compelling case for the president and Congress to create a programme of fiscal stimulus to the US economy, says Lawrence Summers

Wake up to the dangers of a deepening crisis

The odds now favour a US recession that slows growth significantly on a global basis, says Lawrence Summers