Marcus Fleming: Difference between revisions
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{{Short description|British economist (1911–1976)}} |
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{{Use dmy dates|date=January 2018}} |
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{{Use British English|date=January 2018}} |
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'''John Marcus Fleming''' (13 March 1911 – 3 February 1976) was a British economist. |
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Fleming was educated at [[Bathgate Academy]] and the [[University of Edinburgh]], the [[Graduate Institute of International Studies]] in Geneva, and the [[London School of Economics]]. In his early career he worked for the [[Economic and Financial Organization of the League of Nations|Economic and Financial Organization]] of the [[League of Nations]], before becoming a civil servant during [[World War II]] at the [[Ministry of Economic Warfare]].<ref name=Pauly>{{citation |title=The League of Nations and the Foreshadowing of the International Monetary Fund |journal=Essays in International Finance |volume=201 |publisher=Princeton University |date=December 1996 |author=Louis W. Pauly |url=https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2173443 }}</ref>{{rp|28}} |
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He was educated at Bathgate Academy and at Edinburgh University, the Graduate Institute of International Studies in Geneva, and the London School of Economics. |
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| ⚫ | After the War, he was the deputy director of the research department of the [[International Monetary Fund]] for many years; he was already a member of this department during the period of Canadian economist [[Robert Mundell]]'s affiliation. At approximately the same time as Mundell, Fleming presented similar research on [[economic stability|stabilization]] policy in open economies. As a result, today's textbooks refer to the [[Mundell–Fleming model]]. Mundell's contribution, which assumes perfect rather than imperfect capital mobility is, however, considered more important due to its depth, range, and analytical power, and more applicable to today's conditions. |
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==Publications== |
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*''Dual exchange market and other remedies for disruptive capital flows'', IMF Staff Papers, March 1974. |
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==References== |
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{{Reflist}} |
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==External links== |
==External links== |
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*{{worldcat id|lccn-n50-4066}} |
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| ⚫ | *{{Cite journal |last=Fleming |first=J. Marcus |year=1962 |title=Domestic financial policies under fixed and floating exchange rates |journal=IMF Staff Papers |volume=9 |pages=369–379 |doi= 10.2307/3866091|jstor=3866091 }} Reprinted in {{Cite book |editor-last=Cooper |editor-first=Richard N. |year=1969 |title=International Finance |location=New York |publisher=Penguin Books }} |
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| ⚫ | *{{Cite journal |last=Fleming |first=J. Marcus |year=1962 |title=Domestic financial policies under fixed and floating exchange rates |journal=IMF Staff Papers |volume=9 |
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{{Persondata <!-- Metadata: see [[Wikipedia:Persondata]] --> |
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|NAME = Fleming, J. Marcus |
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|ALTERNATIVE NAMES = Fleming, John Marcus |
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|SHORT DESCRIPTION = British economist |
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|DATE OF BIRTH = 1911 |
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|PLACE OF BIRTH = |
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|DATE OF DEATH = February 3, 1976 |
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|PLACE OF DEATH = |
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{{DEFAULTSORT:Fleming, Marcus}} |
{{DEFAULTSORT:Fleming, Marcus}} |
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[[Category:1911 births]] |
[[Category:1911 births]] |
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[[Category:1976 deaths]] |
[[Category:1976 deaths]] |
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[[Category: |
[[Category:People educated at Bathgate Academy]] |
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[[Category:Alumni of the University of Edinburgh]] |
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[[Category:Graduate Institute of International and Development Studies alumni]] |
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[[Category:20th-century British economists]] |
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{{UK-economist-stub}} |
{{UK-economist-stub}} |
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Latest revision as of 03:10, 12 November 2023
John Marcus Fleming (13 March 1911 – 3 February 1976) was a British economist.
Fleming was educated at Bathgate Academy and the University of Edinburgh, the Graduate Institute of International Studies in Geneva, and the London School of Economics. In his early career he worked for the Economic and Financial Organization of the League of Nations, before becoming a civil servant during World War II at the Ministry of Economic Warfare.[1]: 28
After the War, he was the deputy director of the research department of the International Monetary Fund for many years; he was already a member of this department during the period of Canadian economist Robert Mundell's affiliation. At approximately the same time as Mundell, Fleming presented similar research on stabilization policy in open economies. As a result, today's textbooks refer to the Mundell–Fleming model. Mundell's contribution, which assumes perfect rather than imperfect capital mobility is, however, considered more important due to its depth, range, and analytical power, and more applicable to today's conditions.
Publications[edit]
- Dual exchange market and other remedies for disruptive capital flows, IMF Staff Papers, March 1974.
References[edit]
- ^ Louis W. Pauly (December 1996), "The League of Nations and the Foreshadowing of the International Monetary Fund", Essays in International Finance, 201, Princeton University
External links[edit]
- The Royal Swedish Academy of Sciences has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 1999 to Professor Robert A. Mundell
- Fleming, J. Marcus (1962). "Domestic financial policies under fixed and floating exchange rates". IMF Staff Papers. 9: 369–379. doi:10.2307/3866091. JSTOR 3866091. Reprinted in Cooper, Richard N., ed. (1969). International Finance. New York: Penguin Books.
- "J. Marcus Fleming Is Dead; Research Official at I.M.F." New York Times. 4 February 1976.
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