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Desmond Lachman

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Prominent Economist

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About Desmond

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Keynote speaker Desmond Lachman is an economist specializing in global macro-economy, multilateral lending agencies, the U.S, housing market,and global currency issues. Due to his expertize, Lachman has been able to successfully predict trends such as the global recession.

Desmond Lachman gained a B.A at the University of Witwatersrandin Johannesburg before studying at Cambridge University, where he completed a Ph.D. in economics.

In 1984, he became a division chief of the Western Hemisphere Department of the International Monetary Fund (IMF), before moving on to be a senior advisor of the European Department between 1990 and 1994. Lachman held the prestigious position of Deputy Director of the Policy Development and Review Department at the IMF between 1994 and 1996. Then, having served as a managing director and chief emerging market economic strategist at Salomon Smith Barney for seven years, Desmond joined the American Enterprise Institute (AEI) where he is currently a resident fellow. AEI is a think tank which aims to provide independent research and advice in order to inform economic policy.

A well-respected authority on economics, Lachman has served as adjunct professor at Johns Hopkins University in Baltimore in 2009 and at Georgetown University in 2010. Furthermore, Lachman shares the expertise he gained through his career by speaking and writing about topics such as the U.S. housing market bust and the strains in the euro area. Bringing an understanding of economics to the public, he has written articles for several publications including Fox news, the New York Times, the wall Street Journal, US News and World Report, The Financial Times, The Washington Post, and The American (the AEIs online magazine)

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    Speaker Desmond Lachman Keynote Topics

    • Global Macroeconomy
    • Exchange Rate Policy
    • U.S. Housing Market
    • Multilateral Institutions
    • Global Currency



Interview with Desmond Lachman

Why do you think that understanding economics is so important today?
We are living in a time of unusually large world economic change and that change is upending the global political scene. President Trump has been swept to power in the United States, populism is on the march in Europe, and the United Kingdom has voted to leave the European Union. We are now in a world where economics is driving politics and where politics is driving economic policy. One would seem to ignore major global economic and political trends at one’s peril.

How do you think that the Trump Administration’s economic policies might affect the global economic outlook?
The Trump Administration’s economic policies represent a sharp break from those of his predecessor. They include a large unfunded tax cut, a move towards a greater degree of deregulation, and a move to reverse the trend towards globalization. These policies are almost certain to have an important bearing on US interest rates and on the US dollar, which is bound to have ripple effects across the global economy. This is especially the case considering that the US still remains the world’s largest economy.

Economics can at times be tough to understand. How do you ensure that your audience is keeping up?
One of my strengths as a speaker is that I can make seemingly difficult economic concepts understandable to a public audience without talking down to that audience. I have honed my skills as a communicator during a long career at the IMF, on Wall Street, at a think tank, and as a lecturer at prestigious US universities.

What do audiences typically gain from your keynote presentations?
Audiences typically gain a different and refreshing perspective on the global economic outlook from my keynote presentations. They also benefit from seeing connections and patterns that they might not have seen before. Not being constrained by having to present an institutional viewpoint, audiences often appreciate my candor and my offering them a different view from that of the mainstream.

What do you gain personally from being a public speaker?
I have always enjoyed public speaking and communicating with an audience on topics that are of great professional interest to me. I also like to get a sense of what others might be thinking and I especially enjoy the question and answer part of a presentation.

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Keynote topics with Desmond Lachman