Ottawa, January 5, 2009

Archived - Deputy Minister of Finance Rob Wright announces appointment of Christopher Ragan as Clifford Clark Visiting Economist

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Rob Wright, Deputy Minister of Finance, today announced the appointment of Christopher Ragan as the 2009-2010 Clifford Clark Visiting Economist in the Department of Finance, effective January 5, 2009.

The post, established in 1983, honours the late Dr. Clifford Clark, who served as Deputy Minister of Finance from 1932 until his death in 1952. Occupants of the position advise the Department on emerging economic issues and take part in policy development at the highest level. They are recruited from the ranks of prominent Canadian professionals with proven expertise in economic, financial and monetary issues in the business and academic communities.

Dr. Ragan has been the Associate Professor in the Department of Economics at McGill University since 1995 and has been a member of the C.D. Howe Institute's Monetary Policy Council since 2003. During 2004-05, he served as the Special Advisor to the Governor of the Bank of Canada, bringing his perspective to monetary policy discussions. He was also a visiting economist at the Bank of Canada between 1996 and 1997.

Dr. Ragan's extensive research has focused on the role of economic policy, specifically the objectives and conduct of monetary policy. He has published several articles in such notable academic journals as Economica, Labour Economics, Canadian Journal of Economics, Canadian Public Policy, Canadian Business Economics, and Policy Options.

He is the co-author with Richard Lipsey of Economics (13th Edition), the most widely used introductory economics textbook in Canada. He is the founding Editor-in-Chief of World Economic Affairs, and for two years had a regular column in National Post Business.

Dr. Ragan received his PhD in Economics from the Massachusetts Institute of Technology in 1990, a Master's Degree in Economics from Queen's University in 1985, and his B.A. Honours in Economics from the University of Victoria in 1984.

For further information (including a photo of Dr. Ragan), media may contact:

Jack Aubry
Media Relations
Department of Finance

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