Martin Neil Baily (born March 29, 1949) is an

economist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...

at the

Brookings Institution The Brookings Institution, often stylized as simply Brookings, is an American research group founded in 1916. Located on Think Tank Row in Washington, D.C., the organization conducts research and education in the social sciences, primarily in e ...

and formerly at the

Peterson Institute The Peterson Institute for International Economics (PIIE), known until 2006 as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and has been led by ...

. He is best known for his work on productivity and competitiveness and for his tenure as a cabinet member during the Clinton Administration. He was one of three members of the Council of Economic Advisers from 1994 to 1996, and chairman of the Council from 1999 to 2001. He currently co-chairs the

Bipartisan Policy Center The Bipartisan Policy Center (BPC) is a Washington, D.C.–based think tank that promotes bipartisanship. The organization aims to combine ideas from both the Republican and Democratic parties to address challenges in the U.S. BPC focuses on is ...

's Financial Regulatory Reform Initiative and serves as a senior advisor at

Albright Stonebridge Group Dentons Global Advisors ASG, formerly Albright Stonebridge Group, is a global business strategy firm based in Washington, D.C., United States. It was created in 2009 through the merger of international consulting firms The Albright Group, found ...

. Baily was a senior fellow at the Brookings Institution (1979–89) and subsequently professor of economics at the

University of Maryland The University of Maryland, College Park (University of Maryland, UMD, or simply Maryland) is a public land-grant research university in College Park, Maryland. Founded in 1856, UMD is the flagship institution of the University System of M ...

(1989–96). He was vice chairman of a National Academy of Sciences –

National Research Council National Research Council may refer to: * National Research Council (Canada), sponsoring research and development * National Research Council (Italy), scientific and technological research, Rome * National Research Council (United States), part of ...

panel investigating the effect of computers on productivity. Baily co-founded the microeconomics issues of the '' Brookings Papers on Economic Activity''. He was a principal at McKinsey & Company's Global Institute (1996–99) and has been a senior adviser to McKinsey since 2002. He joined the board of The Phoenix Companies in 2005 and is an academic adviser to the

Congressional Budget Office The Congressional Budget Office (CBO) is a List of United States federal agencies, federal agency within the United States Congress, legislative branch of the United States government that provides budget and economic information to Congress. Ins ...

and associate editor of the ''

Journal of Economic Perspectives The ''Journal of Economic Perspectives'' (JEP) is an economic journal published by the American Economic Association. The journal was established in 1987. It is very broad in its scope. According to its editors its purpose is: #to synthesize and ...

''. Baily earned his

Ph.D. A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is ...

in economics at the

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...

(MIT) and his undergraduate degree at

Cambridge University The University of Cambridge is a Public university, public collegiate university, collegiate research university in Cambridge, England. Founded in 1209 and granted a royal charter by Henry III of England, Henry III in 1231, Cambridge is the world' ...

(UK), and taught at MIT and

Yale University Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...

. He is the author of numerous books and articles and coauthor with Jacob Kirkegaard of ''Transforming the European Economy'' (2004).

Activities

Congressional testimony: * On April 18, 2013, Bail
testified
before the

United States House Energy Subcommittee on Commerce, Manufacturing and Trade The House Subcommittee on Innovation, Data and Commerce is a subcommittee within the United States House Committee on Energy and Commerce. The subcommittee was known as the Subcommittee on Consumer Protection and Commerce until the 118th Congress, ...

in a hearing about the Global Investment in American Jobs Act of 2013 (H.R. 2052; 113th Congress), which he was in favor of. The legislation would instruct the

United States Department of Commerce The United States Department of Commerce is an executive department of the U.S. federal government concerned with creating the conditions for economic growth and opportunity. Among its tasks are gathering economic and demographic data for bus ...

to research and report to Congress about the possibilities for increasing foreign direct investment in the United States.

References

External links

* {{DEFAULTSORT:Baily, Martin Neil 1949 births Living people MIT School of Humanities, Arts, and Social Sciences alumni McKinsey & Company people Yale University faculty 21st-century American economists Clinton administration cabinet members Chairs of the United States Council of Economic Advisers Brookings Institution people