Executive Director, Financial Markets Group Research Center
London School of Economics
Simeon Djankov is a Bulgarian economist and was born on 13 July 1970. He holds a 1997 doctorate from the University of Michigan on the topic "Three Essays on the Economics of Transition". During his tenure at the University of Michigan and the World Bank, Djankov published over 70 articles in professional journals. Journals include the American Economic Review, the Quarterly Journal of Economics, the Journal of Political Economy, the Journal of Finance, and the Journal of Financial Economics. His co-authors include Nobel Prize winner Oliver Hart (economist), John Bates Clark Medal winner Andrei Shleifer, and MacArthur Fellows Program winner Sendhil Mullainathan.
Djankov has also co-edited the book "The Resolution of Financial Distress" with Stijn Claessens and Ashoka Mody. The book focuses on the principles of and practical approaches to addressing the public policy trade-off involved in systemic corporate and financial sector crises, and the lessons learned from the changes taking place in bankruptcy frameworks around the world. It includes research on recent public policy initiatives for distress resolution or market-based restructuring. Nobel Prize winner Joseph Stiglitz was a contributing author.
From 2009 to 2013, Simeon Djankov was the Deputy Prime Minister and Minister of Finance of Bulgaria in the government of Boyko Borisov. Prior to his cabinet appointment, he was a chief economist of the finance and private sector vice-presidency of the World Bank. He was an associate editor of the Journal of Comparative Economics from 2004 to 2009. He was a chairman of the board of the European Bank for Reconstruction and Development. He is also a member of the World Bank's Knowledge and Advisory Council, and a Senior Fellow at the Peterson Institute for International Economics. Since November 2015, he is the executive director of the Financial Markets Group at the London School of Economics.
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