Contact Info

Williams College
Department of Economics
24 Hopkins Hall Drive
Williamstown, MA 01267

gerard.caprio
@williams.edu
(413) 597-2465

Gerard Caprio

Professor of Economics, Williams College
Chair, Center for Development Economics, Williams College

Gerard Caprio is the William Brough Professor of Economics and Chair of the Center for Development Economics at Williams College. Dr. Caprio is an alumnus of Williams College, having received his undergraduate degree in economics with honors in 1972. He then went on to complete his Ph.D. in economics at the University of Michigan(Ann Arbor) in 1976. Prior to joining the faculty of his alma mater, Dr. Caprio worked at the World Bank for seventeen years. His most recent work The Guardians of Finance: Making Regulators Work for Us was published by MIT Press in February of 2012 and argues that our regulators do not work for the public interest but rather the economic elite.

Issues: Anti-Trust Regulations, Bank Bail Out, Bank Bonuses, Banking and Finance, Developing Economies, Fannie/Freddie, Financial Markets, Globalization, Housing Market Collapse, International Competition, Ratings Agencies, Securitization, Too Big To Fail, Trade

Experience:

• Research Fellow, Center for Applied Macroeconomic Analysis, Finance and Macroeconomy Program
• Professor and Fulbright Scholar, Trinity College, Dublin, Fall 2009
• The World Bank, 1988 – 2005
-Director, Operations and Policy Department, Financial Sector Vice Presidency.
-Head, Financial Sector Research, Development Research Group, 1998- 2003
-Lead Economist, 1995-1997
-Principal Financial Economist, 1993-1995
-Senior Financial Economist, Policy Research Department, 1988-92
• Vice President and Head, Global Economics Unit, Morgan Guaranty Trust Company, 1988
• Vice President and International Economist, Morgan Guaranty Trust Company, August 1985 – December 1987
• Economist, Division of International Finance, Board of Governors of the Federal Reserve System, 1977 – 1985
• Visiting Adjunct Professor, The George Washington University, 1980-83
• Economist, Economic Professionals Program, International Monetary Fund, 1976-77

Education:

Ph.D., Economics, University of Michigan Ann Arbor, 1976
M.A., Economics, University of Michigan Ann Arbor, 1974
B.A. cum laude, Economics, Williams College, 1972

Books:

The Guardians of Finance: Making Regulators Work for Us, MIT Press, 2012, (with James Barth and Ross Levine).

Rethinking Bank Regulation: Till Angels Govern,Cambridge University Press 2006 (with James Barth and Ross Levine).

Additional Issues: Financial History.