Martin Neil Baily
Martin Neil Baily | |
|---|---|
| Born | January 13, 1945 |
| Occupation | Economist |
| Years active | 1979–present |
| Known for | Chair of the Council of Economic Advisers (1999–2001) |
Martin Neil Baily (born January 13, 1945) is a distinguished economist affiliated with the Brookings Institution and formerly a senior fellow at the Peterson Institute. He is well-known for his expertise in productivity and competitiveness, as well as his contributions during the Clinton Administration. Baily served on the Council of Economic Advisers between 1994 and 1996 and held the position of chairman from 1999 until 2001. Presently, he co-leads the Bipartisan Policy Center's Financial Regulatory Reform Initiative and acts as a senior advisor at Albright Stonebridge Group.
Throughout his career, Baily has held senior fellow positions at Brookings from 1979 to 1989, was an economics professor at the University of Maryland from 1989 to 1996, and served as vice chairman on a National Academy of Sciences committee focused on computers and productivity. He helped establish the microeconomics section of Brookings Papers on Economic Activity, was a principal at McKinsey & Company's Global Institute from 1996 to 1999, and has been a senior adviser to McKinsey since 2002. In addition, he joined the board of The Phoenix Companies in 2005 and provides academic guidance to the Congressional Budget Office, while also serving as an associate editor for the Journal of Economic Perspectives.
Baily completed his doctoral studies in economics at the Massachusetts Institute of Technology (MIT) after earning his undergraduate degree at Cambridge University in the United Kingdom. His teaching experience includes positions at MIT and Yale University. He coauthored Transforming the European Economy (2004) alongside Jacob Kirkegaard.
Activities
Congressional testimony:
- On April 18, 2013, Baily appeared before the United States House Energy Subcommittee on Commerce, Manufacturing and Trade to support the Global Investment in American Jobs Act of 2013 (H.R. 2052; 113th Congress). This bill sought to mandate that the United States Department of Commerce investigate and provide reports on strategies to boost foreign direct investment within the United States.