Desmond Lachman

Desmond Lachman joined AEI after serving as a managing director and chief emerging market economic strategist at Salomon Smith Barney. He previously served as deputy director in the International Monetary Fund’s (IMF) Policy Development and Review Department and was active in staff formulation of IMF policies. Mr. Lachman has written extensively on the global economic crisis, the U.S. housing market bust, the U.S. dollar, and the strains in the euro area. At AEI, Mr. Lachman is focused on the global macroeconomy, global currency issues, and multilateral lending agencies.

Trillions - 19FortyFive

Can Mario Draghi Save Italy from Economic Doom?

Judging by the market’s enthusiastic reaction to Mario Draghi’s recent appointment as Italian prime minister, one could be forgiven for thinking that Italy, the...

Desmond LachmanFebruary 15, 2021

Trillions - 19FortyFive

Bubble Pop: Janet Yellen Could Create an Economic Crisis

George Bernard Shaw famously observed that he knew three types of economists. Those who were brilliantly right. Those who were brilliantly wrong. And those...

Desmond LachmanFebruary 7, 2021

Trillions - 19FortyFive

U.S. Economy Set to Surge Later This Year? Don’t Bet On It.

Something strange is going on in the markets and in economic policymaking circles. Despite the world having just suffered from its worst economic recession...

Desmond LachmanJanuary 25, 2021

Trillions - 19FortyFive

Joe Biden’s Economic Stimulus Plan: A $1.9 Trillion Mistake?

Following four years of President Donald Trump’s budget irresponsibility, Joe Biden’s bold economic plan would seem to confirm the notion that the U.S. road...

Desmond LachmanJanuary 15, 2021