John Lipsky
| John Lipsky | |
|---|---|
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| Managing Director of the International Monetary Fund Acting |
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In office May 15, 2011 – July 5, 2011 |
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| Preceded by | Dominique Strauss-Kahn |
| Succeeded by | Christine Lagarde |
| First Deputy Managing Director of the International Monetary Fund | |
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In office September 1, 2006 – September 1, 2011 |
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| Director |
Dominique Strauss-Kahn Christine Lagarde |
| Preceded by | Anne Osborn Krueger |
| Succeeded by | David Lipton |
| Personal details | |
| Born |
February 19, 1947 Cedar Rapids, Iowa, U.S. |
| Children | 2 daughters 1 son |
| Education |
Wesleyan University (BA) Stanford University (MA, PhD) |
John Phillip Lipsky (born February 19, 1947) is an American economist. He was the acting Managing Director of the International Monetary Fund from May to July 2011. He assumed the post of Acting Managing Director after Dominique Strauss-Kahn was arrested in May 2011 accused of sexual assault. After the appointment of Christine Lagarde he returned to his post as the First Deputy Managing Director of the IMF. He retired from the IMF in November 2011 and is currently a Distinguished Visiting Scholar at Johns Hopkins School of Advanced International Studies (SAIS).
Lipsky was born into a Jewish family in Cedar Rapids, Iowa. Lipsky's great-grandfather, Henry Smulekoff, was a Ukrainian immigrant who opened a furniture store on Cedar Rapids' May's Island in 1890. Lipsky was the middle child of three born to Abbott and Joan Lipsky. His late father was president of Smulekoff's, and sister Ann Lipsky is president today. His mother still lives in Cedar Rapids and is a retired lawyer, legislator, and chairwoman of the Iowa Council on Human Services. Early interest in Latin America was sparked by a family vacation in Mexico which led to a friendship, a summer in Guadalajara with the friend, and a summer for the friend in Iowa.
Lipsky attended Wesleyan University, earning a B.A. in economics. He gained his M.A. and Ph.D. in the field from Stanford University.
On graduation from Stanford, Lipsky joined the International Monetary Fund, where he helped manage the Fund's exchange rate surveillance procedure. Appointed the IMF's resident representative in Chile from 1978 (during General Augusto Pinochet's military dictatorship), Lipsky returned, in 1980, to the IMF headquarters in Washington D.C. to develop the IMF's analysis of international capital markets. He also participated in negotiations with several member countries.
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