Professor of Economics, Columbia University
Robert Mundell, CC (born October 24, 1932) is a professor of economics at Columbia University and the recipient of the Nobel Memorial Prize in Economics in 1999. Mundell laid the groundwork for the introduction of the euro through his pioneering work in monetary dynamics and optimum currency areas, for which he won the Nobel. Mundell helped to start the movement known as supply-side economics, and is known for the Mundell–Fleming model and Mundell–Tobin effect.
Nobel Prize-winning economist Robert Mundell argues China’s currency has become “almost de facto convertible” and should be included in the international reserve basket held by the IMF.