John Williamson, 83, Dies; Economist Outlined the ‘Washington Consensus’

Mr. Williamson attended the London College of Economics, graduating with a level in economics in 1951. After finishing two years of obligatory navy service, he entered graduate college at Princeton, the place he obtained his Ph.D. in 1963.

Although he had frequent affords from Oxford and Cambridge, particularly later in his profession, Mr. Williamson was drawn to the form of artistic analysis being accomplished at among the newly established, so-called plate-glass universities, after their modernist structure.

He joined the College of York in 1963, the yr it was based, and later taught on the College of Warwick, based in 1965. However he was more and more drawn to policymaking. In 1968 he took a job as an adviser to the British Treasury, the place he labored on financial relations with the European Financial Group, and later moved to Washington to work on the Worldwide Financial Fund.

Whereas on the I.M.F. he met Denise Rausch, a Brazilian economist. They married in 1974.

Alongside along with his daughter and spouse, Mr. Williamson is survived by two sons, Andre and Daniel; two sisters, Chris Evans and Wyn Jones; and 7 grandchildren.

The Williamsons spent the late 1970s in Brazil, the place she labored for a analysis establishment and he taught at a Catholic college. Ms. Williamson taught her husband Portuguese, one thing he thought-about his biggest achievement, having struggled with international languages at school.

They returned to Washington in 1981, when the economist C. Fred Bergsten employed Mr. Williamson to be the primary worker of the newly based Institute for Worldwide Economics, later renamed the Peterson Institute for Worldwide Economics. He remained there till he retired in 2012. (In 1996 he took a go away from the institute to affix the World Financial institution, the place his spouse labored, although he left after simply three years, annoyed with the financial institution’s forms.)

Till he coined the Washington Consensus, Mr. Williamson was greatest recognized for his work on change charges. He was a passionate advocate for a center floor between the rigidity of fastened charges — particularly for growing economies — and the chaos of floating charges, which he believed put even developed economies on the mercy of world monetary markets.

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