Kemal DerviÅŸ
Kemal Derviş ( born January 10, 1949 in Istanbul) is a Turkish economist and politician. He was a Turkish economy minister and held senior positions in various bodies of the United Nations.
Life
Kemal is the son of a Turkish father and a German mother. He spent part of his youth in Geneva. He grew up in four languages , with Turkish, German, French and English. Although he is Muslim, he attended the Catholic school of Saint- Martin de Pontoise in France.
After leaving school he completed a high school education at the London School of Economics and Princeton University, where he graduated at the age of 24 years with the promotion. From 1973 to 1976 he was a member of the Faculty of Economics at the Technical University of the Middle East. During this time he worked as a consultant by Bülent Ecevit during and after his tenure as Prime Minister. From 1976 to 1978 he was a member of the Faculty of Economics, Princeton University.
In 1977 he joined Washington in the World Bank. He stayed 24 years in Washington; married there in a second marriage after a first marriage of the two children had emerged. At the World Bank he was appointed to senior positions. He became head of the Department of the Maghreb, then chief economist for the Middle East, and finally Director for Central Europe. He was appointed Vice President of the World Bank in 1996.
In March 2001 he was appointed Court of Bülent Ecevit, again Prime Minister of the Republic of Turkey, in the Cabinet. Turkey was in an economic crisis; in this difficult situation familiar Ecevit to the Office of the Minister of Economy Derviş, he had come to appreciate as an adviser in previous years. Derviş initiated a restructuring program, procured loans for his country at the International Monetary Fund and the World Bank, concluded over-indebted banks and provided capital grants for renovation, eligible banks. In 2002, the Turkish economy grew by 8% again. However, to his own regret, he made no progress in the integration of Turkey into the European Union, a goal he hoped to achieve " before I 'm too old ." As a minister of any party belonging, he resigned in August 2002 and joined the Cumhuriyet Halk Partisi to social democratic. As a member of this party, he was elected to the Turkish Parliament.
In 2005 he returned to the international stage. He was appointed by the United Nations as Director of the UNDP. This office he held until April 2009. He caused a sensation with a speech in March 2008 in Mumbai, in which he predicted a looming global financial crisis, in which he acknowledged that the " market fundamentalists " that they once again an " irrational exuberance " put on the day that already the Asian crisis of 1997, the Internet bubble of 2001 and the subprime crisis had led from 2007. He denounced that the " super- bankers, the new barons of finance capitalism, greedy for immediate profits " would not shift their losses to the community.
In March 2009, Kemal Derviş was appointed as an economist and vice president at the Brookings Institution.