Ralph Chami PhD, is an Assistant Director at the IMF. He is currently on sabbatical from the IMF working on tackling the two risks to humanity – climate change and biodiversity loss. He has developed a model for valuing natural capital, including blue and green nature as well as flora and fauna, and a framework for developing the natural capital markets for ecosystem services. Read More
During his 23-year career at the IMF, he has been known as an expert on fragile states and low and middle income countries (LMICs); and also as innovative thinker for his research and training. He has served in some of the most fragile and troubled regions, showing his dedication to helping those most in need, and receiving the IMF 2014 Operational Excellence Award for his field work on fragile and LMICs. He oversaw surveillance and program work in Egypt, Libya, Somalia, Sudan, South Sudan, and Yemen, and was Mission Chief for Libya and Somalia. His book on “Macroeconomic Policy in Fragile State,” has was published by Oxford University Press in 2021.
He also served the Assistant Director in the Institute for Capacity Development (ICD), in the Financial Policies Division. During his time in ICD he oversaw the development and implementation of the internal economics training program for all IMF economists as well as the revamping of the Institute’s external training program for officials from member countries.
Prior to joining the IMF, he was on the faculty of finance at the Mendoza School of Business, University of Notre Dame, IN, USA. Ralph has PhD in Economics from the Johns Hopkins University, MBA from University of Kansas, and BS from the American University of Beirut. His areas of expertise also include: banking, remittances climate change and natural capital. He is a semi-professional musician https://youtu.be/C-1f0UiT8Gg
- Working papers Bank Capital and the Cost of Equity - 12/10/2020