Willene Johnson

Last updated
Willene A. Johnson
Willene Johnson at Africa Center for Strategic Studies.jpg
Borncirca 1947
Academic career
Institution African Development Bank
Federal Reserve Bank of New York
Alma mater Columbia University (PhD)
Radcliffe College (BA), 1968 [1]
Awards2011 Clifton R. Wharton Jr. Award for “Outstanding Service, Leadership and Contribution to Economic Progress in Emerging Markets.”

Willene A. Johnson (born about 1947) is an American economist who is a former vice president of the Federal Reserve Bank of New York, [2] former U.S. Executive Director of the African Development Bank, and a former president of the National Economic Association. [3]

Contents

In 2011, Cornell University awarded her the Clifton R. Wharton Jr. Award for "Outstanding Service, Leadership and Contribution to Economic Progress in Emerging Markets."

Education and early life

Johnson graduated from Radcliffe College with a degree in social studies in 1968, [4] from St. John's University (New York City) with a degree in African History, and from Columbia University, with a PhD in Development economics. [5] While a student at Radcliffe, she was a member of the Harvard-Radcliffe Association for African and Afro-American Students (AFRO). [4] She became interested in African Development as director and a volunteer teacher with Volunteer Teachers for Africa, a student-run program at Harvard and Radcliffe. [6]

Career

Johnson worked in the Federal Reserve system, from 1982 to 1999, when she was nominated as U.S. Executive Director of the African Development Bank. [6] [7] She has also served as a member of the United Nations Committee for Development Policy and chair of the Sub-Saharan Africa Advisory Committee of the United States Export-Import Bank. [8]

Johnson has also worked as a consultant and adjunct faculty member at several colleges and universities, [9] [10] supported the work of the Women’s Institute for Science, Equity and Race (WISER), [11] and is a member of the International Advisory Board of the Association For The Advancement of African Women Economists (AAAWE). [12] In 2018, Johnson told The Harvard Crimson , "In today's environment, when many people at the age of 70 would be ready to retire, I think many of us who were engaged in the movement for social justice in the sixties find ourselves recognizing that the African phrase, ‘the struggle continues’—aluta continua—is still very relevant. We're still struggling and we're not going to give up." [4]

In 2020, Fanta Traore, writing for Fortune , named her one of "19 Black economists to celebrate and know," and noted Johnson is the president of Komaza Inc., "a consulting firm that offers instruction and advice on economic and financial development, including microfinance, security sector resource management, and the role of economics in conflict management." [13]

Her public speaking appearances include the keynote speech at the first conference of the Sadie Collective in 2019, intended to increase the number of Black Women in Economics and related fields. [14] At the conference, Johnson said, "We need to follow Alexander’s example of developing carefully collected data from communities where policy will be implemented, as well as develop sound economic theory to dislodge accepted models of analysis and policies that contribute to the systems of poverty, and powerlessness in many communities of color," referring to Sadie T.M. Alexander, the first woman in the United States to earn a Ph.D. in economics and the first African-American woman to practice law in Pennsylvania. [15] Johnson also was a co-presenter of the "Security Spending Analysis and Accountability" session at the African Parliamentarians’ Forum 2021: Oversight of the Security Sector hosted by the Africa Center for Strategic Studies. [16]

Selected publications

Honors and awards

Related Research Articles

<span class="mw-page-title-main">Sadie Tanner Mossell Alexander</span> American lawyer, civil rights activist, and economist (1898–1989)

Sadie Tanner Mossell Alexander was a pioneering Black professional and civil rights activist of the early-to-mid-20th century. In 1921, Mossell Alexander was the second African-American woman to receive a Ph.D. and the first one to receive one in economics in the United States. In 1927, she was first Black woman to receive a law degree from the University of Pennsylvania Law School and went on to become the first Black woman to practice law in the state. She was also the first national president of Delta Sigma Theta sorority, serving from 1919 to 1923.

<span class="mw-page-title-main">Kaushik Basu</span> Indian economist and academic (born 1952)

Kaushik Basu is an economist who was Chief Economist of the World Bank from 2012 to 2016 and Chief Economic Adviser to the Government of India from 2009 to 2012. He is the C. Marks Professor of International Studies and Professor of Economics at Cornell University, and academic advisory board member of upcoming Plaksha University. He began a three-year term as President of the International Economic Association in June 2017. From 2009 to 2012, during the United Progressive Alliance's second term, Basu served as the Chief Economic Adviser to the Government of India. Kaushik Basu is winner of the Humboldt Research Award 2021.

<span class="mw-page-title-main">Mahmoud Mohieldin</span> Egyptian professor


Mahmoud Mohieldin, is an economist with more than 30 years of experience in international finance and development. He is the UN Climate Change High-Level Champion for Egypt. He is an Executive Director at the International Monetary Fund. He has been the United Nations Special Envoy on Financing the 2030 Sustainable Development Agenda since February 2020. He was the Minister of Investment of Egypt from 2004-2010, and most recently, served as the World Bank Group Senior Vice President for the 2030 Development Agenda, United Nations Relations and Partnerships. His roles at the World Bank also included Managing Director, responsible for Human Development, Sustainable Development, Poverty Reduction and Economic Management, Finance and Private Sector Development, and the World Bank Institute; World Bank President's Special Envoy on the Millennium Development Goals (MDGs), the Post-2015 Development Agenda, and Financing for Development; and Corporate Secretary and Executive Secretary to the Development Committee of the World Bank Group's Board of Governors. Dr Mohieldin also served on several Boards of Directors in the Central Bank of Egypt and the corporate sector. He was a member of the Commission on Growth and Development and was selected for the Young Global Leader of the World Economic Forum in 2005. His professional experience extends into the academic arena as a Professor of Economics and Finance at the Faculty of Economics and Political Science, Cairo University and as a Visiting Professor at several renowned Universities in Egypt, Korea, the UAE, the UK and the USA. He is a member of the International Advisory Board of Durham University Business School. He also holds leading positions in national, regional and international research centres and associations. He has authored numerous publications and articles in leading journals in the fields of economics, finance and development.

<span class="mw-page-title-main">Claudia Goldin</span> American economist

Claudia Dale Goldin is an American economic historian and labor economist. She is the Henry Lee Professor of Economics at Harvard University. In October 2023, she was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, "for having advanced our understanding of women's labor market outcomes”. She was the third woman to win the award, and the first woman to win the award solo.

<span class="mw-page-title-main">Clifton R. Wharton Jr.</span> American academic and diplomat (born 1926)

Clifton Reginald Wharton Jr. is an American university president, corporate executive and former United States deputy secretary of state. In his multiple careers, he has been an African-American pioneer.

<span class="mw-page-title-main">Mohamed A. El-Erian</span> Egyptian-American businessman

Mohamed Aly El-Erian is an Egyptian-American economist and businessman. He is President of Queens' College, Cambridge, and chief economic adviser at Allianz, the corporate parent of PIMCO where he was CEO and co-chief investment officer (2007–14). He was chair of President Obama's Global Development Council (2012–17), and is a columnist for Bloomberg View, and a contributing editor to the Financial Times.

<span class="mw-page-title-main">Emmett J. Rice</span> American economist and bank executive (1919–2011)

Emmett John Rice was an American economist, academic, bank executive, and member of the Federal Reserve Board of Governors. He served with the Tuskegee Airmen during World War II, taught at Cornell University during the 1950s, and was a noted expert in the monetary systems of developing countries. Susan Rice, former United States Ambassador to the United Nations and National Security Advisor to Barack Obama, is his daughter.

<span class="mw-page-title-main">Minouche Shafik</span> British-American economist (born 1962)

Nemat Talaat Shafik, Baroness Shafik ; Arabic: نعمت شفيق, widely known as Minouche Shafik, is an Egyptian-born British and American economist who has been serving as the 20th president of Columbia University since July 2023. She previously served as president and vice chancellor of the London School of Economics from 2017 to 2023. She also serves on the board of directors of the Bill & Melinda Gates Foundation.

<span class="mw-page-title-main">Olivia S. Mitchell</span> American economist

Olivia S. Mitchell is an American economist and the International Foundation of Employee Benefit Plans Professor at The Wharton School of the University of Pennsylvania. Her interests focus on pensions and social security, and she is the executive director of the Pension Research Council, the oldest U.S. center devoted to scholarship and policy-relevant research on retirement security. She also heads Wharton's Boettner Center for Pensions and Retirement Research.

<span class="mw-page-title-main">Stijn Claessens</span> Dutch economist (born 1959)

Stijn Claessens is a Dutch economist who currently serves as the Head of Financial Stability Policy department of the Bank for International Settlements. He worked for fourteen years at World Bank beginning in 1987 until 2001 where he assumed various positions including that of Lead Economist. Following his tenure at the World Bank he became Professor of International Finance Policy at the University of Amsterdam where he remained for three years and still is on the faculty. Stijn has many distinguished academic publications and his work has been cited in many outlets including The Wall Street Journal, The Financial Times, The Economist, The Washington Post and various other publications and he has appeared in several television programs.

Jeni Klugman is a development economist. She is managing director of the Institute for Women, Peace and Security at Georgetown University and a fellow at the Kennedy School of Government's Women in Public Policy Program at Harvard University. She was formerly Director of Gender and Development at the World Bank Group, where she served as lead spokesperson on gender equality issues and was responsible for developing strategic directions to support the institution's gender and development priorities. She also serves or has served on several advisory boards, including the World Economic Forum's advisory board on Sustainability and Competitiveness, and those related to the work of the Council on Foreign Relations, Plan International, International Civil Society Network, UNDP 2013 World Report on Democratic Governance, and a European Union research program on GDP and beyond. Prior to taking up this position in August 2011, Klugman was the director and lead author of three global Human Development Reports published by the United Nations Development Programme: Overcoming Barriers: Human Mobility and Development (2009); The Real Wealth of Nations: Pathways to Human Development (2010); and Sustainability and Equity: a Better Future for All (2011). From 1992 to 2008, she held various positions at the World Bank, focusing in particular on poverty, inequality, and human development in low-income countries in Africa, Europe, and Asia. Klugman has published a number of books, papers and reports on topics ranging from poverty reduction strategies and labor markets to conflict, health reform, education, and decentralization. She holds a Ph.D. in economics from the Australian National University, as well as postgraduate degrees in Law and Development Economics from Oxford University, where she was a Rhodes Scholar Jeni is the daughter of former Labor MP, Richard Klugman, and civil libertarian Kristine Klugman.

<span class="mw-page-title-main">Erik Berglöf</span> Swedish economist

Erik Berglöf is a Swedish economist, currently the Chief Economist of the Asian Infrastructure Investment Bank (AIIB), the Beijing-based multilateral development bank established in 2016 with a mission to improve social and economic outcomes in Asia. In March 2019 Erik Berglöf was appointed to the European Council's High Level Group of Wise Persons on the European financial architecture for development where Berglöf and eight other economists will suggest changes to the EU's development finance structure. In 2017–2018 Erik Berglöf served on the secretariat of the G20 Eminent Persons Group on Global Financial Governance and on the Governing Board of the Institute for New Economic Thinking in New York.

<span class="mw-page-title-main">Gikas Hardouvelis</span> Greek banker and politician

Gikas A. Hardouvelis is a Greek economist and former senior government official serving as chairman of the Board of Directors of the National Bank of Greece (NBG). He was the Minister of Finance of the Hellenic Republic from June 2014 to January 2015.

Matthias Chika Mordi is from Delta State, in Nigeria and was a refugee during Nigeria’s civil war. He is an economist by training and a banker. He is the Chief Executive Officer of National Competitiveness Council of Nigeria and is the current Chairman of United Capital PLC. He is an Honourable Senior member of the Chartered Institute of Bankers of Nigeria and alternate president of the West African Institute of Bankers (2005-2008).

<span class="mw-page-title-main">Lisa D. Cook</span> American economist (born 1964)

Lisa DeNell Cook is an American economist who has served as a member of the Federal Reserve Board of Governors since May 23, 2022. She is the first African American woman and first woman of color to sit on the Board. Before her appointment to the Federal Reserve, she was elected to the board of directors of the Federal Reserve Bank of Chicago.

<span class="mw-page-title-main">Sadie Collective</span> Washington D.C.-based organization

The Sadie Collective is the first American non-profit organization which aims to increase the representation of African-American women in economics and related fields. It was founded by Anna Gifty Opoku-Agyeman and Fanta Traore in August 2018 and is named for the first African-American economist, Sadie T. M. Alexander.

The National Economic Association (NEA) is a learned society established in 1969, focused on initiatives in the field of economics.

Hanan Morsy is an Egyptian economist, who serves as the Deputy Executive Secretary and Chief Economist of the United Nations Economic Commission for Africa, based in Addis Ababa, Ethiopia, since January 2022.

Nina Banks is an American economist who is an associate professor of economics at Bucknell University and former president of the National Economic Association. She is known for her research on the contributions of early women economists, particularly Sadie Alexander. She has also published work explaining the economic value of Black women's community activism.

Uma Lele is an agricultural economist, currently at the Institute of Economic Growth at the University of Delhi, India. She has spent much of her career working with the World Bank and other international organizations.

References

  1. "Harvard-Radcliffe Class of 1968 50th Reunion Panels". 1968.classes.harvard.edu. Retrieved 2021-03-22.
  2. "Election 2020: What Would I Tell The President?". www.spelman.edu. Retrieved 2021-02-25.
  3. "National Economic Association 50th Anniversary Celebration and Honors Luncheon" (PDF). January 4, 2020.{{cite journal}}: Cite journal requires |journal= (help)
  4. 1 2 3 Hailu, Ruth A. (May 20, 2018). "Revisiting the 'Four Demands,' Fifty Years Later". The Harvard Crimson. Retrieved 22 March 2021.
  5. 1 2 "2011: Willene A. Johnson". Emerging Markets Program. Cornell SC Johnson School of Business. 13 February 2019. Retrieved 22 March 2021.
  6. 1 2 "STATEMENT OF WILLENE A. JOHNSON NOMINEE FOR U.S. EXECUTIVE DIRECTOR OF THE AFRICAN DEVELOPMENT BANK BEFORE THE SENATE FOREIGN RELATIONS COMMITTEE". www.treasury.gov. Retrieved 2021-02-25.
  7. "Willene A. Johnson Picked As U.S. Executive Director of The African Development Bank". Jet Magazine. Johnson Publishing Company. 1999-09-13.
  8. "BIOGRAPHIES" (PDF). African Center For Strategic Studies. Retrieved 22 March 2021.
  9. "Profile | Willene A. Johnson | Peace Exchange" . Retrieved 2021-02-25.
  10. ""Conversations In Leadership" - featuring Willene Johnson". Eventbrite. Retrieved 2021-03-22.
  11. Suiter, Mary (July 30, 2020). "Women in Economics: Rhonda Vonshay Sharpe". Women in Economics. Federal Reserve Bank of St. Louis. Retrieved 22 March 2021. And since I've started WISER, Willene Johnson, [...] has been just a huge support for me with the work that I do with WISER.
  12. "International Advisory Board". Association For The Advancement of African Women Economists (AAAWE). Retrieved 22 March 2021.
  13. "19 Black economists to celebrate and know, this Juneteenth and beyond". Fortune. Retrieved 2021-02-25.
  14. Diversified, AuthorMedia (2019-04-06). "The Sadie Collective: Creating a seat at the table for Black women in economics". Media Diversified. Retrieved 2021-03-22.
  15. Dansberger Duque, Catalina Sofia (April 2, 2019). "Inside the Conference for Black Women Economists". Ms. Magazine. Retrieved 22 March 2021.
  16. "African Parliamentarians' Forum 2021: Oversight of the Security Sector". Africa Center for Strategic Studies. Retrieved 22 March 2021.
  17. "From Civil Strife to Peace Building Examining Private Sector Involvement in West African Reconstruction". Wilfrid Laurier University Press. Retrieved 22 March 2021.
  18. Incorporated, Prime. "National Academy of Public Administration". National Academy of Public Administration. Retrieved 2023-03-06.
  19. "Wharton Award Recipients". Emerging Markets Program. Cornell SC Johnson College of Business. 26 February 2016. Retrieved 22 March 2021.