From March
2001 to August 2002, Kemal Derviş was Minister for
Economic Affairs and the Treasury without party
affiliation of the Republic of Turkey, responsible for
Turkey' s recovery programme after the devastating
financial crisis that hit the country in February
2001. In August of 2002, after the crisis was
overcome, he resigned from his Ministerial post and
was elected to Parliament in November of the same
year.
Kemal Derviş
earned his Bachelor (first class honours) and Master'
s degrees (with distinction) in economics from the
London School of Economics and his Ph.D. from
Princeton University. From 1973 to 1977 he was member
of the economics faculties of the Middle East
Technical University and then Princeton University. In
1977 he joined the World Bank where he worked until he
returned to Turkey in 2001.
At the World
Bank he held various positions including Division
Chief for Industrial and Trade Strategy and Director
for the Central Europe Department after the fall of
the Berlin wall, a position in which he later
coordinated the World Bank and donor community' s
support to the peace and reconstruction process in the
Balkans (Bosnia). In 1996 he became Vice-President of
the World Bank for the Middle East and North Africa
Region where he was active in supporting the Middle
East Peace Process. In 2000, Kemal Derviş became
Vice-President for Poverty Reduction and Economic
Management where he was responsible for the World
Bank' s global programmes and policies to fight
poverty. He was also responsible for operational
coordination with other institutions, including the
United Nations system, the IMF and the WTO on
international institutional and policy issues.
Kemal Derviş
has been an active participant in various European and
international networks including the Global
Progressive Forum and the Progressive Governance
Network. He was a member of the International Task
Force on Global Public Goods co-chaired by Ernesto
Zedillo, former President of Mexico and also a member
of the Special Commission on the Balkans chaired by
Giuliano Amato, former Prime Minister of Italy. He
cooperated with the Global Economic Governance
Programme at Oxford and the Center for Global
Development in Washington. All these activities have
had the common objective of finding ways to make
globalization into a more stable and inclusive process
and to further international cooperation.
Kemal Derviş
has published many articles in academic journals as
well as current affairs publications on topics ranging
from mathematical models of growth and social mobility
and quantitative models of trade, to European
enlargement and transatlantic relations (in English,
Turkish, French and German - he is fluent in all four
languages). A book entitled “General Equilibrium
Models for Development Policy” which he co-authored
was published by Cambridge University Press in 1982
and became a widely used textbook in development
economics in the 1980s. In cooperation with the Center
for Global Development he has published a new book
entitled “A Better Globalization” (Brookings Press,
March 2005) which deals with global development issues
and international institutional reform.