Teresa Ter-Minassian

Teresa Ter-Minassian is an international economist and former Director of the Fiscal Affairs Department of the International Monetary Fund (2001–2008). She holds a degree in Law from the University of Rome and a degree in Economics from Harvard University. After beginning her career at the Bank of Italy, she held senior IMF posts including Deputy Director of the Fiscal Affairs Department (1988–1996) and Deputy Director of the Western Hemisphere Department (1997–2000). She is the editor of the IMF's widely cited volume "Fiscal Federalism in Theory and Practice" (1997) and has published extensively on fiscal policy, fiscal rules and fiscal decentralisation. She now works as an independent international economic consultant.