Jan A. Kregel joins DPA as full-time professor

Jan A. Kregel, who has worked for many years as an extraordinary and later permanent visiting Professor on Finance and Development at TUT'S Chair of Governance since the inception of the Technology Governance program in 2006, will join DPA as full-time professor in the context of FESSUD, the largest European FP7 social science research project ever. FESSUD – Financialization, Economy, Society and Sustainable Development –seeks to build a comprehensive policy agenda for changing the role of the financial system to help achieve a future which is sustainable in environmental, social and economic terms.

Professor Kregel is currently also a senior scholar at The Levy Institute of Bard College in New York and the director of its Monetary Policy and Financial Structure program and a research professor at the University of Missouri – Kansas, the United States' best-known center for Post-Keynesian economics. His many distinguished previous appointments include holding the Public Finance chair at the University of Bologna, Europe's oldest university, and serving as one of the main economists dealing with finance and development at the United Nations in New York (UNDESA, UNCTAD). In 2009, he served as Rapporteur of the President of the UN General Assembly's Commission on Reform of the International Financial System.

Professor Kregel is considered one of the leading Post-Keynesian economists globally, and his theoretical as well as advisory work has influenced generations of scholars and policy makers in finance and development. In recognition of that fact, he has received a plethora of international awards and recognitions, such as life fellowship of the British Royal Economic Society and membership of one of the oldest Academies of Sciences in the world, the Academia dei Lincei in Rome. In 2010, he was awarded the prestigious Veblen-Commons Award by the Association for Evolutionary Economics for his contributions to the economics discipline.

At TUT DPA, Professor Kregel has been conducting various courses on International Organizations; he teaches annually the core course on Financial Policies, Innovation and Development within the Technology Governance MA program. He is also centrally involved in some of the key research projects of the Department, such as FESSUD (see above), the "Small States and Development" long-term research project, and others. In 2009, he co-edited, together with Rainer Kattel and Erik S. Reinert, both the collected works of Ragnar Nurkse (1907-1959) (Ragnar Nurkse: Trade and Development, Anthem Press) one of the most important development economists and the most eminent Estonian social scientist of all time, and a comprehensive essay collection reassessing Nurkse's relevance today.