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Desmond Lachman

Prominent economist who predicted the global recession

Desmond Lachman Biography

Desmon Lachman is an economist with expertise regarding global macro-economy, multilateral lending agencies, the U.S, housing market and global currency issues.

  • Predicted the global recession
  • Fellow of the American Enterprise Institute for Public Policy Research (AEI)
  • Former deputy director of the IMF’s Policy Development and Review Department

Having spent his career working in economics, Lachman is experienced and knowledgeable. He is able to clearly convey even complex research findings and theories. His talks will leave his audience intrigued and informed.

Lachman has held high profile roles within the IMF and in other financial institutions. His insight enabled him to foresee global economic difficulties prior to the recession.


A bright and talented young person, 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.

Former Positions

Lachman has served in several responsible and high profile positions since completing his education. 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. Due to his ability and experience, Lachman held the prestigious position of Deputy Director of the Policy Development and Review Department at the IMF between 1994 and 1996.

He worked for Salomon Smith Barney (Citigroups former investment banking arm) as a managing director and as a chief economic strategist dealing with emerging economies. He worked with the company for seven years, between 1996 and 2003.

Current Roles

Lachman is a resident fellow of the American Enterprise Institute for Public Policy Research (AEI), a think tank which aims to provide independent research and advice in order to inform economic policy. He specialises in global macro-economy, multilateral lending agencies, the U.S, housing market, and global currency issues.

As a respected and experienced economist, Lachmani s ideally placed to offer education and guidance to those studying economics. He became an adjunct professor at Johns Hopkins University in Baltimore in 2009 and at Georgetown University in 2010.


Lachman has written numerous articles and papers relating to economic matters, most of which concern his areas of specialism. He has written for several prominent publications, including The Financial Times, The Washington Post and The American (the AEIs online magazine).

Desmond Lachman Videos

Desmond Lachman‘s Topics

Is the stimulus working?

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The recession is ending, but big risk remains

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Does the Euro pose a threat to the US Dollar?

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The threats to Eurozone expansion

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Books by Desmond Lachman

Desmond Lachman book
Desmond Lachman book

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