2 Professor Tim Besley
Background on Professor Tim Besley
8. Since July 1995, Professor Besley's main position
has been Professor of Economics and Political Science at the London
School of Economics. Before this, he was Assistant Professor of
Economics and International Affairs at Princeton University. He
was joint winner of the Yrjö Jahnsson award in 2005, which
is bestowed upon "a young European economist who has made
a contribution in theoretical and applied research that is significant
to economics in Europe".[4]
Professor Besley also maintains editorial input into numerous
journals, and has authored a wide variety of papers himself, concentrating
on areas such as development economics and public economics. Professor
Besley is a British citizen, and holds a D. Phil from Oxford University.
Role as member of the MPC
9. In view of the economic and political importance
of the MPC, there is a considerable degree of informed interest
in both the general stance of its members and their individual
positions at meetings. MPC members play a key role in representing
that body to a wide range of audiences around the country and
in gathering views.
10. We therefore questioned Professor Besley on his
approach to matters such as the rise in personal insolvencies,
and inflation expectations and on aspects of economic research
he had already undertaken. We look forward to hearing more of
his views in his future appearances before the Committee.
Assessment of personal independence and professional competence
11. We are satisfied that Professor Besley fulfils
our criteria for appointment and wish him every success in his
new role as a member of the MPC.
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