Letters to the editor
Polls and Comment
Library - an archive
Bibliography of EMU
The Euroland Economy
Dr Gerard LyonsDr Gerard Lyons is Global Head of Treasury Research at Standard Chartered Bank. He took up his new position in August 1999, having previously been Chief Economist and Executive Director at DKB International. Prior to that he was Chief UK economist at Swiss Bank Corporation and Chief Economist at UK stockbroker Savory Milln. He began his City career as an economist with Chase Manhattan. He has also carried out research at the Henley Centre for Forecasting and he gained his PhD from the University of London on 'Testing efficiency of financial futures markets'.
Standard Chartered is a British bank that is a leader in the world's emerging markets. The Bank also has sizeable operations in New York, London and Tokyo. Gerard is in charge of a team of 16 analysts, based around the world.
Gerard is a well known City of London economist, with a proven track record. He is invited frequently to speak at conferences, attend diners and appear on UK and international television and radio and is regularly afforded press coverage. In recent years he has written articles for all the major UK papers and contributes regular articles for the UK and the international press and various publications.
Last year he was called to testify before the House of Lords Select Committee on the Bank of England and his comments figured prominently in the published report. Also last year he was a member of the 'Commission on the £ sterling' that examined the economic consequences if Britain retained the pound.
Over the years, Gerard has gained a reputation for accurate analysis. He was one of the few City economists to predict the Lawson Boom/Bust and its consequences, the early 90's recession and the pound's ERM exit. In recent years Dr Lyons has been an accurate forecaster of global interest rate movements. He has forecast accurately low global inflation and the economic and financial problems in Japan. He accurately outlined the Asian crisis and its consequences. Gerard has been a critic of the euro and believes strongly that the UK should not join. As a key note speaker in 1996 at the MMS International annual City conference he argued that the euro would be a soft currency and the pound strong. At a Politeia lecture in November 1998 he explained that, "Europe's dismal jobs record could undermine the Euro and is a strong reason to deter the UK from joining." This is still his view now.
Gerard is married with three young children.