Ann Pettifor

Ann Pettifor is a UK-based analyst of the global financial system, director of Policy Research in Macroeconomics (PRIME) a network of economists concerned with Keynesian monetary theory and policies; an honorary research fellow at the Political Economy Research Centre at City University, London (CITYPERC) and a fellow of the New Economics Foundation, London. She is Chair of the Goldsmiths College Political Economy Research Centre's Advisory Board. As executive director of the consultancy Advocacy International, Pettifor has advised governments and organisations on sovereign debt restructuring, international finance and sustainable development. She is a trustee of the PREP Foundation for Pluralist Economics.

Pettifor is best known for correctly predicting the Global Financial Crises in several publications including in a book The Real World Economic Outlook, and summarised in the New Statesman in an article published on 1 September titles "Coming soon: The new poor”. This was followed by her September, 2006 book The Coming First World Debt Crisis.

Pettifor is a member of the Green New Deal Group of economists, environmentalists and entrepreneurs that published The Green New Deal in July, 2008. The group argued that "The triple crunch of financial meltdown, climate change and ‘peak oil’ has its origins firmly rooted in the current model of globalisation. Financial deregulation has facilitated the creation of almost limitless credit. With this credit boom have come irresponsible and often fraudulent patterns of lending, creating inflated bubbles in assets such as property, and powering environmentally unsustainable consumption."

On 27 September 2015, it was announced that she had been appointed to the British Labour Party's Economic Advisory Committee, convened by Shadow Chancellor John McDonnell and reporting to Labour Party Leader Jeremy Corbyn, regarding which she stated that she was honoured to be asked to serve with such distinguished colleagues and that she hoped to play her part in overturning the Chancellor’s deficit fetishism, and his employment of it as a smokescreen for an attack on the state. She currently resides in London, England.

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