Martin N. Baily
Martin Neil Baily is a Senior Director of Albright Stonebridge Group, a global strategy firm. With over twenty years of experience in the field of economics, Mr. Baily brings to clients decades of expertise in economic competitiveness and globalization.
Based in Washington, DC, Dr. Baily is also a Senior Fellow for Economic Policy Development and the Director of the Business and Public Policy Initiative at The Brookings Institution. He is a member of the Squam Lake Group of financial economists and was the co-chair of the Taskforce on Financial Reform convened by the Pew Charitable Trusts. In addition, Dr. Baily is a Director of The Phoenix Companies of Hartford CT.
Dr. Baily was an adviser to the Congressional Budget Office from 2006-09 and has served as a Senior Advisor to the McKinsey Global Institute for many years. Dr. Baily was a Principal at McKinsey & Company at the Global Institute in Washington, D.C. from September 1996 to July 1999 and from 2001 to 2007 he was a Senior Fellow at the Peterson Institute where he published books on the European economy and on pension reform.
In August 1999 Dr. Baily was appointed Chairman of the Council of Economic Advisers. As Chairman, Dr. Baily served as economic adviser to the President, was a member of the President’s Cabinet and directed the agency’s staff. He completed his term as Chairman on January 19, 2001. Dr. Baily previously served as one of three Members of the President’s Council of Economic Advisers from October 1994 until August 1996.
Dr. Baily is the author of many professional articles and books, including: The Origins of the Financial Crisis (2008) with Robert Litan and Matthew Johnson; and US Pension Reform: Lessons from Other Countries (2009) with Jacob Funk Kirkegaard. In addition, Dr. Baily testifies regularly to House and Senate committees. Dr. Baily has taught Economics at MIT, Yale and the University of Maryland.
Dr. Baily earned his Ph.D. in economics in 1972 at the Massachusetts Institute of Technology.