Professor Stanley Fischer died at age 81. One of the most outstanding economic figures in the world, Fischer served as governor of the Bank of Israel from 2005 to 2013. To assume the role that emigrated to Israel and Tok in Israeli citizenship.
As head of the Central Bank of Israel, he helped Israel emerge relatively unscathed from the 2008 world financial crisis with a strong cut in the interest rate, quantitative servitude and large purchases of foreign currency, which helped protect Israeli exports.
Related articles
Stanley Fischer takes a step from the Hapoalim board
Fischer hits Trump’s ignorance in the indentation
“Globes” chose Fischer as the man of the year of the Israeli economy in 2010. In 2014 he returned to the United States and was appointed by President Barack Obama as vice president of the Federal Reserve, where he served until 2017. In recent years, Heers Aso has been a short.
Fischer was born in 1943 in the British colony of northern Rhodesia, which became Zambia when he won his independence. He recovered titles in economics from the London School of Economics before completing his pH.D. Like MIT in 1969, under the tutoring of Nobel Prize Paul Samuelson and Robert Solow. Professor at MIT, he also served as a guest researcher at the Hebrew University of Jerusalem.
He served as an advisor to the Israeli government in the 1980s to help face and reduce the annual three digit inflation. In 1994, Fischer was appointed deputy director of the International Monetary Fund (IMF), and after that as vice president or Citibank.
Fischer survives three children and nine granddaughters.
Posted by Globes, Israel Business News – Y.globes.co.il – on June 1, 2025.
© Copyright of Globes Editor Itonut (1983) Ltd., 2025.
