William R. Cline, senior fellow emeritus, has been associated with the Peterson Institute for International Economics since 1981. During 1996–2001 while on leave from the Institute, Dr. Cline was deputy managing director and chief economist of the Institute of International Finance (IIF) in Washington, DC. From 2002 through 2011 he held a joint appointment with the Peterson Institute and the Center for Global Development, where he is currently senior fellow emeritus. Before joining the Peterson Institute, he was senior fellow, the Brookings Institution (1973–81); deputy director of development and trade research, office of the assistant secretary for international affairs, US Treasury Department (1971–73); Ford Foundation visiting professor in Brazil (1970–71); and lecturer and assistant professor of economics at Princeton University (1967–70). He graduated summa cum laude from Princeton University in 1963, and received his MA (1964) and PhD (1969) in economics from Yale University.
Cline will continue releasing updates to his series on fundamental equilibrium exchange rate (FEER) estimates at the website Economics International Inc. Please contact him at [email protected] for more information.
His publications include:
Economic Consequences of a Land Reform in Brazil, 1970
Potential Effects of Income Redistribution on Economic Growth: Latin American Cases, 1972
International Monetary Reform and the Developing Countries, 1976
Trade Negotiations in the Tokyo Round: A Quantitative Assessment, 1978, coauthor
Economic Integration in Central America, 1978, coauthor
Agrarian Structure and Productivity in Developing Countries, 1979, coauthor
Policy Alternatives for a New International Economic Order: An Economic Analysis, 1979, editor
Economic Stabilization in Developing Countries, 1981, editor
World Inflation and the Developing Countries, 1981, principal author
Trade Policy in the 1980s, 1983, editor
International Debt: Systemic Risk and Policy Response, 1984
Exports of Manufactures from Developing Countries, 1984
The US-Japan Economic Problem, 1985, coauthor
Mobilizing Bank Lending to Debtor Countries, 1987
The Future of World Trade in Textiles and Apparel, 1987
United States External Adjustment and the World Economy, 1989
The Economics of Global Warming, 1992
International Economic Policy in the 1990s, 1994
International Debt Reexamined, 1995
Predicting External Imbalances for the United States and Japan, 1995
Trade and Income Distribution, 1997
Trade Policy and Global Poverty, 2004
The United States as a Debtor Nation, 2005
Global Warming and Agriculture: Impact Estimates by Country, 2007
Financial Globalization, Economic Growth, and the Crisis of 2007-09, 2010
Carbon Abatement Costs and Climate Change Finance, 2011
Resolving the European Debt Crisis, 2012
Managing the Euro Area Debt Crisis, 2014
The Right Balance for Banks: Theory and Evidence on Optimal Capital Requirements, 2017
Treasury Plan to Weaken Capital Rules Has Real Economic Costs
William R. Cline (PIIE)