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For immediate release: July 7, 2009

Bank of Japan Governor Joins Dallas Fed’s Globalization Institute Advisory Board

DALLAS—Bank of Japan Governor Masaaki Shirakawa has joined the Advisory Board for the Globalization and Monetary Policy Institute at the Federal Reserve Bank of Dallas.

“Governor Shirakawa leads one of the most important central banks in the world,” said Dallas Fed President and CEO Richard W. Fisher.  “He adds a special dimension to the superb Advisory Board of our Institute at the Dallas Fed and will help us advance our work toward a better understanding of the impact of globalization on the U.S. economy and on the making of monetary policy.”

The Dallas Fed’s Globalization and Monetary Policy Institute was created in 2007.  Mark A. Wynne is director of the Institute.  Chairman of the Advisory Board is John B. Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and former undersecretary of the Treasury under President George W. Bush.

Other members of the Advisory Board include Charles R. Bean, deputy governor, Bank of England; Martin Feldstein, George F. Baker Professor of Economics, Harvard University; Glenn R. Hubbard, dean, Columbia Business School; Otmar Issing, president, Center for Financial Studies; Finn Kydland, Jeff Henley Professor of Economics, University of California, Santa Barbara; Guillermo Ortiz, governor of the Banco de México; Kenneth S. Rogoff, Thomas D. Cabot Professor of Public Policy, Harvard University; and William White, former economic adviser at the Bank for International Settlements.

Shirakawa joined the Bank of Japan in 1972 and was appointed to the position of governor in 2008.  He has served in numerous positions at the Bank of Japan, including deputy governor, and adviser to the governor on financial markets and policy planning.  He has degrees from University of Tokyo and University of Chicago and has taught at Kyoto University.


Media contact:
James Hoard
Phone: (214) 922-5307