JF

Jacob Frenkel

51quotes

Jacob Frenkel


Full Name and Common Aliases


Jacob A. Frenkel is a renowned economist and former governor of the Bank of Israel.

Birth and Death Dates


Born on October 8, 1950, in Minsk, Belarus, USSR (now Belarus).

Nationality and Profession(s)


Frenkel holds dual citizenship of Israel and the United States, and has worked as an economist and banker throughout his career.

Early Life and Background


Jacob Frenkel grew up in a family that valued education. His parents encouraged him to pursue higher learning from an early age. After completing his secondary education at the Minsk Secondary School No. 2, he went on to study economics at Moscow State University (MSU), where he earned his undergraduate degree and later his Ph.D.

Major Accomplishments


Frenkel's professional journey began in the 1970s as a researcher and economist at various institutions, including the International Monetary Fund (IMF) and Harvard University. His tenure as the Deputy Managing Director of the IMF from 1987 to 1999 was a significant milestone, during which he played an instrumental role in shaping global economic policies.

Notable Works or Actions


One of Frenkel's most notable contributions is his work on the development of the Exchange Rate Regime, particularly in relation to emerging markets. He has also written extensively on international trade and finance, publishing numerous papers and articles in top-tier academic journals.

Impact and Legacy


As the former governor of the Bank of Israel from 2000 to 2013, Frenkel implemented policies aimed at stabilizing the Israeli economy during a period of significant economic growth. His tenure was marked by inflation control and successful management of monetary policy. Today, he continues to be a respected voice in global economic affairs.

Why They Are Widely Quoted or Remembered


Jacob Frenkel's expertise in economics has made him a sought-after commentator on global economic trends. He is widely quoted in media outlets for his insights on monetary policy, exchange rates, and the impact of economic events on emerging markets. His ability to distill complex concepts into accessible language has earned him a reputation as a trusted source of information and analysis.

Throughout his career, Frenkel has demonstrated an unwavering commitment to advancing our understanding of global economic systems. His influential work continues to shape policy debates worldwide, making him one of the most respected voices in international economics today.

Quotes by Jacob Frenkel

Jacob Frenkel's insights on:

The city of Houston is littered with the victims of Enron. The biggest challenge may be finding 12 jurors who can be fair.
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The city of Houston is littered with the victims of Enron. The biggest challenge may be finding 12 jurors who can be fair.
JF
#biggest
The hammer over the co-operator's head is the importance of the prosecutor giving full credit for the co-operation at the time of sentencing.
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The hammer over the co-operator's head is the importance of the prosecutor giving full credit for the co-operation at the time of sentencing.
JF
#credit
I believe firmly there is still room based on the interests of all the parties to find some common ground before the first juror sets foot in the courtroom.
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I believe firmly there is still room based on the interests of all the parties to find some common ground before the first juror sets foot in the courtroom.
JF
#based
I don't think there's any question that prosecutors who adopt a 'KISS' (keep-it-simple, stupid) strategy usually are able to make a much more meaningful and cogent presentation to the jury.
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I don't think there's any question that prosecutors who adopt a 'KISS' (keep-it-simple, stupid) strategy usually are able to make a much more meaningful and cogent presentation to the jury.
JF
#adopt
I don't think there's any question that there will be a prison component.
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I don't think there's any question that there will be a prison component.
JF
#prison
In the last two years, the government has painstakingly climbed ladders, gotten different people along the way to plead guilty in order to go after someone at the higher rung. We're now at the top of the ladder.
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In the last two years, the government has painstakingly climbed ladders, gotten different people along the way to plead guilty in order to go after someone at the higher rung. We're now at the top of the ladder.
JF
#along
Any time there is a transfer of assets and there is a cloud over the assets, any transfer is at risk of being undone.
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Any time there is a transfer of assets and there is a cloud over the assets, any transfer is at risk of being undone.
JF
#assets
It's rather unlikely that potential jurors either didn't have family members or didn't know people that were directly affected by Enron. My greatest concern isn't the jurors who are speaking to the court honestly but those that want to get on the jury either to make a point to right the wrong of Enron...or to make sure that they can make the round of talk shows.
"
It's rather unlikely that potential jurors either didn't have family members or didn't know people that were directly affected by Enron. My greatest concern isn't the jurors who are speaking to the court honestly but those that want to get on the jury either to make a point to right the wrong of Enron...or to make sure that they can make the round of talk shows.
JF
#affected
It takes a mature, confident and thoughtful judge to acknowledge and identify a real legal issue. That's not to say there may not be other significant issues; it's just she has identified one she believes is the most likely to be considered on appeal.
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It takes a mature, confident and thoughtful judge to acknowledge and identify a real legal issue. That's not to say there may not be other significant issues; it's just she has identified one she believes is the most likely to be considered on appeal.
JF
#believes
Not disclosing material facts about the transaction, such as guarantees against loss, could constitute a crime.
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Not disclosing material facts about the transaction, such as guarantees against loss, could constitute a crime.
JF
#against
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