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Global Society of Fellows


Established in the fall of 2010, the Global Society of Fellows pursued the GIC mission by actively involving influential individuals around the world to address the pressing problems facing nations. Its members functioned as ambassadors representing citizens of the world in public and private conversations with political and economic leaders worldwide. The Global Society of Fellows members made the case for cooperation among nations and for the implementation of policies to bring about constructive change. The Society helped to focus global attention on important issues that need to be resolved and convenes events around the world to advance progress on dealing with our common problems.

Global Society members partnered with academic scholars to engage in original economic research and produce thoughtful, topical papers addressing critical issues of our time. Papers generated by the Global Society of Fellows members and their Visiting Scholars co-authors were theoretically robust and, at the same time, accessible to a large audience.

The Society was closed in 2014.


The Society’s Fellows were and continue to be professionally committed to understanding and analyzing the global economy. They are academically or professionally accomplished and bring a wealth of experience to the topics they address. They have each made serious contributions to the analysis of global issues in professional or academic literature, in professional meetings or in the media.

Visiting Scholars

Visiting Scholars are young academics from accredited institutions of higher education, usually holding a completed Ph.D. or equivalent degree in international economics, finance or related fields. These academics are appointed for one year to co-author with Global Society of Fellows members resulting in the creation of a body of applied scholarly work that addresses the many issues facing nations and the need for international cooperation to solve our common problems.

2013 Fellows and Scholars

Ellen Hughes-Cromwick, Ph.D., Fellow
Joshua Cregger, Visiting Scholar

Read Financing the Infrastructure to Support Alternative Fuel Vehicles:How Much Investment is Needed and How Will It Be Funded?
by Ellen Hughes-Cromwick and Joshua Cregger
Released April 2013

Richard Vague, Fellow
Robert Hockett, Visiting Scholar

Read Debt, Deflation, and Debacle: Of Private Debt Write-Down and Public Recovery
by Richard Vague and Robert Hockett
Released April 2013

2012 Fellows and Scholars

Paul McCulley, Chair
Zoltan Pozsar, Visiting Scholar

Read  Helicopter Money: Or How I Stopped Worrying and Love Fiscal-Monetary Cooperation
by Paul McCulley and Zoltan Pozsar
Released January 2013

Read  Does Central Bank Independence Frustrate the Optimal Fiscal-Monetary Policy Mix in a Liquidity Trap?
by Paul McCulley and Zoltan Pozsar
Released March 2012

John Silvia, PhD, Fellow
Olivier Coibion, Visiting Scholar
Yuriy Gorodnichenko, PhD, Visiting Scholar

Read  Monetary Policy and Economic Inequality
by John Silvia, Ph.D., Olivier Coibion, and Yuriy Gorodnichenko, Ph.D.
Released March 2012