Bernhard Harms Prize 2024
Economist Hélène Rey was awarded the 2024 Bernhard Harms Prize by the Kiel Institute for the World Economy.
Economist Hélène Rey was awarded this year's Bernhard Harms Prize by the Kiel Institute for the World Economy. She is one of the world's most influential scholars on international macroeconomics and finance with special emphasis on financial stability, international capital flows, exchange rates, and the international monetary system. Rey is the Lord Bagri Professor of Economics at London Business School.
The Jury’s reasoning for Hélène Rey
“Hélène Rey is an internationally outstanding scholar who has broadened the horizons of international macroeconomics through her groundbreaking research. With an exceptional talent, a pronounced scientific curiosity, and great tenacity, she has not only succeeded in questioning some supposed certainties of international macroeconomics but has contributed to a better understanding of the global financial system. Among others, she has demonstrated the existence of a global financial cycle that significantly limits the impact of national monetary policies, regardless of the exchange rate regime chosen. Due to her extraordinary ability to derive targeted financial policy recommendations from scientific findings, she is an internationally highly esteemed contact for monetary and financial policy issues in the media and politics.”
Prior to her current position at the London Business School, Hélène Rey was Professor of Economics and International Affairs in the Department of Economics at Princeton University and at the Woodrow Wilson School, where she began as an Assistant Professor. She holds a Ph.D. in Economics from the London School of Economics and a second one from the École des Hautes Études en Sciences Sociales (Paris), after receiving an undergraduate degree from the École Nationale de la Statistique et de l'Administration and a master's degree from Standford University.
In addition to her academic achievements, Hélène Rey continues to make significant contributions to various global economic and financial bodies and groups. She is a Foreign Honorary Member of the American Economic Association and a Correspondant of the Académie des Sciences Morales et Politiques. She is a member of the Group of Thirty, the Bellagio Group on international economics, and serves on the external advisory group to the Managing Director of the IMF. She was a member of the Haut Conseil de Stabilité Financière (French Macro-Prudential Authority) from 2014 to 2024. Previously, she was a member of the Conseil d’Analyse Economique until 2012 and served on the Board of the Autorité de Contrôle Prudentiel et de Résolution from 2010 to 2014. Furthermore, she is Vice-President of the Centre for Economic Policy Research (CEPR) and President-elect of the European Economic Association. She regularly writes a column for the French newspaper Les Echos.
Read the news release about the award.
The Bernhard Harms Prize, one of Europe's leading awards in the field of international economics, has been awarded since 1964 by the Kiel Institute for the World Economy. The award ceremony 2024 was again held in Berlin, embedded in 3rd Kiel-CEPR Conference on Geoeconomics organized by the Kiel Institute and CEPR, hosted at and supported by the Federal Ministry for Economic Affairs and Climate Action, which will bring together the world's leading scholars and policymakers working at the intersection of geopolitics and (international) economics.
