Mugur Isărescu
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Mugur Isărescu Grand Cross and Sash ranks of the Order of the Star of Romania |
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| Prime Minister of Romania | |
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In office 16 December 1999 – 28 December 2000 |
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| President |
Emil Constantinescu Ion Iliescu |
| Preceded by | Alexandru Athanasiu (Acting) |
| Succeeded by | Adrian Năstase |
| Governor of the National Bank of Romania | |
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Assumed office 28 December 2000 |
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| Preceded by | Eugen Ghizari (ad interim) |
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In office September 1990 – December 1999 |
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| Preceded by | Decebal Urdea |
| Succeeded by | Eugen Ghizari (ad interim) |
| Personal details | |
| Born |
1 August 1949 Drăgăşani, Romania |
| Political party | Independent |
| Alma mater | Bucharest Academy of Economic Studies |
Constantin Mugur Isărescu (Romanian pronunciation: [ˈmuɡur isəˈresku]; born 1 August 1949) is the Governor of the National Bank of Romania, a position he held since September 1990, with the exception of an eleven months period (22 December 1999 to 28 November 2000), during which he served as Prime Minister of Romania. He is a member of the Romanian Academy.
Isărescu was born in Drăgăşani, Vâlcea County. His father was a school teacher who, after the establishment of the socialist state, studied at the Academy of Economic Studies in Bucharest, worked as a bank executive during the 1950s and then he was a professor of accounting for 20 years.
Isărescu studied international trade at the Academy of Economic Studies of Bucharest, which he graduated in 1971 and where he was an assistant professor between 1975 and 1989. In 1989, Isărescu defended his PhD thesis on exchange rate policies under the supervision of Costin Kirițescu.
For 19 years, he worked as a researcher for the Institute of International Economics, an institute that was mostly like controlled by the Securitate. He took a number of courses in the United States, writing several papers on capitalist economics. Isărescu claims it was as if he prepared for 20 years for the 1990 moment.
In February 1990, after the Romanian Revolution of 1989, he began working for the Ministry of Foreign Affairs. In March 1990, he was sent to work as an economic and monetary affairs secretary at the Romanian Embassy in the United States, being in charge of handling Romania's relations with the International Monetary Fund and the World Bank.
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