Martin Neil Baily, based in Washington, D.C., is a resident senior academic advisor at the McKinsey Global Institute, where he has been an advisor since 1996. He is also a senior fellow at the Institute for International Economics (IIE), where his primary focus is on issues of productivity, technology, globalization, and trade. Prior to his work with MGI and the IIE, Baily was chairman of the Council of Economic Advisers during the Clinton administration (1999-2001) and one of three members of the council from 1994 to 1996. He was also a senior fellow at the Brookings Institution (1979-89) and a professor of economics at the University of Maryland (1989-96).
Baily was a member of the academic advisory panel of the Congressional Budget Office and has served as an academic adviser to the Federal Reserve Board and on a panel convened by the Office of Technology Assessment. He was the vice chairman of a panel of the National Academy of Sciences/National Research Council investigating the effect of computers on productivity and was a research associate of the National Bureau of Economic Research. Baily co-founded the microeconomics issue of the Brookings Papers on Economic Activity.
He earned his Ph.D. in economics at the Massachusetts Institute of Technology (MIT) and has taught at both MIT and Yale University. He is the author of numerous books and articles, including Transforming the European Economy, co-authored with Jacob Kirkegaard and published by IIE in September 2004.
