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Gerasimos Arsenis

Gerasimos Arsenis
MP
Retired Member of the Hellenic Parliament
Minister for National Defense of Greece
In office
13 October 1993 – 24 September 1996
Preceded by Ioannis Varvitsiotis
Succeeded by Akis Tsochatzopoulos
Minister for National Education and Religious Affairs of Greece
In office
25 September 1996 – 13 April 2000
Preceded by George Papandreou
Succeeded by Petros Efthymiou
Personal details
Born (1931-05-30)30 May 1931
Kephalonia, Greece
Died 19 April 2016(2016-04-19) (aged 84)
Nationality Greek
Political party Panhellenic Socialist Movement
Spouse(s) Louka Katseli
Alma mater National and Kapodistrian University of Athens, Massachusetts Institute of Technology
Profession Lawyer, Politician

Gerasimos Arsenis (Greek: Γεράσιμος Αρσένης; 30 May 1931 – 19 April 2016) was a Greek politician who served as a Member of the Hellenic Parliament and as a Minister in several Governments with the Panhellenic Socialist Movement.

Gerasimos Arsenis was born in Lourdháta, on the Greek island of Kephalonia. He went on to study Law at the National and Kapodistrian University of Athens and after obtaining his degree, he continued his post-graduate studies at the Massachusetts Institute of Technology (MIT). It is claimed that he is trilingual, fluent in Greek, English and French. From 1960 until 1964, Arsenis served as an economist with the United Nations Secretariat (working for the Prebisch Group), preparing for the establishment of the United Nations Conference on Trade and Development (UNCTAD). In 1964, he quit his post with the UN and was appointed to the position of Director of the Research Division of the OECD Development Centre in Paris, where he remained until 1967.

In 1967, Arsenis was appointed to the position of Senior Economist of the UNCTAD and, in 1974, he was promoted to the seat of Director. During this period as director, Arsenis engaged in research and participated in negotiations concerning reform of the International Monetary System. From 1974 until 1980, Arsenis also served as an independent expert with UNCTAD, providing consultancy to the Ministerial Committee of Twenty on the Reform of the International Monetary System (later known as the IMF "Interim Committee"). While serving as Director of UNCTAD, Arsenis contributed to the development of numerous proposals – including the creation of special drawing rights (SDR), developmental assistance and coordination of program assistance for the World Bank and the generation of balance-of-payments financing that the IMF subsequently used for effective stabilization and development support schemes.


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