{{short description|American economist|bot=PearBOT 5}} {{Infobox officeholder | name = David Lipton | image = David Lipton (5062805775) (cropped).jpg | office = Managing Director of the International Monetary Fund | term_label = Acting | term_start = September 12, 2019 | term_end = October 1, 2019 | predecessor = Christine Lagarde | successor = Kristalina Georgieva | birth_date = {{birth date and age|1953|11|9}} | birth_place = Boston, Massachusetts, U.S. | death_date = | death_place = | education = Wesleyan University (BA)<br>Harvard University (MA, PhD) | caption = Lipton in 2010 }} '''David Lipton''' (born November 9, 1953) is an American economist who served as the Acting Managing Director of the International Monetary Fund from July 2, 2019, following Christine Lagarde's nomination as President of the European Central Bank, until Kristalina Georgieva was appointed in the office on October 1, 2019. Prior to this, Lipton had been serving as the IMF's First Deputy Managing Director since September 2011. Lipton has been featured in, and interviewed by, numerous publications including ''The Financial Times'', ''Euromoney'',<ref name="Furness">{{cite web |last1=Furness |first1=Virginia |title=IMF considers benefits of capital flow management in policy re-think |url=https://www.euromoney.com/article/b1j6r0cctf7wrh/imf-considers-benefits-of-capital-flow-management-in-policy-re-think |website=Euromoney |date=28 November 2019 |accessdate=5 December 2019 |language=en}}</ref> ''Bloomberg News'',<ref name="Donahue">{{cite web|last1=Donahue|first1=Patrick|date=1 October 2019|title=IMF's Lipton Sees Sharper World Slowdown as Trade Tensions Flare|url=https://www.bloomberg.com/news/articles/2019-10-01/imf-s-lipton-sees-sharper-world-slowdown-as-trade-tensions-flare|url-status=live|archive-url=https://web.archive.org/web/20191205180937/https://www.bloomberg.com/news/articles/2019-10-01/imf-s-lipton-sees-sharper-world-slowdown-as-trade-tensions-flare |archive-date=2019-12-05 |accessdate=5 December 2019|website=Bloomberg}}</ref> and ''The Guardian''.<ref name="Partington">{{cite web |last1=Partington |first1=Richard |title=IMF warns storm clouds are gathering for next financial crisis |url=https://www.theguardian.com/business/2018/dec/11/imf-financial-crisis-david-lipton |website=The Guardian |accessdate=5 December 2019 |date=11 December 2018}}</ref>
==Life and work== David Lipton was born on November 9, 1953, in Boston, Massachusetts, and received an undergraduate degree from Wesleyan University in 1975, followed by a PhD in economics from Harvard University in 1982, under the supervision of Jeffrey Sachs.<ref>{{Cite web|url=https://www.treasury.gov/press-center/press-releases/pages/rr1939.aspx|title=DAVID LIPTON CONFIRMED AS UNDER SECRETARY FOR INTERNATIONAL AFFAIRS|website=www.treasury.gov}}</ref> He then started working for the International Monetary Fund,<ref>{{Cite web|url=https://www.washingtonpost.com/business/the-smartest-economist-youve-never-heard-of/2015/10/02/8659bcf2-6786-11e5-8325-a42b5a459b1e_story.html|title=The smartest economist you've never heard of|first=Steven|last=Pearlstein|date=October 3, 2015|via=www.washingtonpost.com}}</ref> after which he joined Jeffrey Sachs advising governments of transition economies, such as Russia, Poland, and Slovenia, also writing frequently on the topic.<ref>{{Cite web|url=https://www.earth.columbia.edu/sitefiles/file/about/director/pubs/brookings0490.pdf|title='Creating a Market Economy in Eastern Europe', ''Brookings Papers on Economic Activity'', Volume 1990, Issue 1, pp. 75-147.}}</ref> He subsequently started working for the Clinton administration in 1997 as Under Secretary of the Treasury for International Affairs, from which position he worked on the Asian financial crisis. Upon leaving the public sector, Lipton joined a hedge fund (Moore Capital Management), followed by a stint at Citibank where he became Head of Global Country Risk Management.<ref>{{Cite web|url=https://www.imf.org/en/About/senior-officials/Bios/david-lipton|title=David Lipton|website=IMF}}</ref>
Prior to joining the IMF, David Lipton served as Special Assistant to President Barack Obama, while also being part of the National Economic Council and National Security Council at the White House.<ref>{{Cite web|url=https://www.weforum.org/agenda/authors/david-lipton/|title=Authors|website=World Economic Forum}}</ref>
In 2021 Lipton was named a senior counselor to Treasury Secretary Janet Yellen, focusing on policy work with US allies and working with the G7 and G20 summits.<ref>{{cite news |last1=Hunnicutt |first1=Trevor |last2=Lawder |first2=David |title=U.S. Treasury names officials expected to lead Biden's global tax crackdown |url=https://www.reuters.com/article/us-usa-treasury-tax/u-s-treasury-names-officials-expected-to-lead-bidens-global-tax-crackdown-idUSKBN2A330Y |access-date=28 February 2021 |work=Reuters |date=3 February 2021 |language=en}}</ref>
== References == {{reflist}}
{{s-start}} {{s-dip}} {{s-bef|before=Christine Lagarde}} {{s-ttl|title=Managing Director of the International Monetary Fund<br>{{Small|Acting}}|years=2019}} {{s-aft|after=Kristalina Georgieva}} {{s-end}}
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{{DEFAULTSORT:Lipton, David}} Category:1953 births Category:21st-century American economists Category:20th-century American economists Category:Acting Managing directors of the International Monetary Fund Category:Citigroup employees Category:Clinton administration personnel Category:Economists from Massachusetts Category:Harvard University alumni Category:Living people Category:Obama administration personnel Category:People from Boston Category:United States Department of the Treasury officials Category:United States National Security Council staffers Category:Wesleyan University alumni