Bruno S. Sergi
Bruno Sergio Sergi (born June 2, 1963), originator of the concept and term, “The Brussels Consensus”, teaches International Economics and Political Economy at the University of Messina. Italian economist Bruno S. Sergi's "The Brussels Consensus" (2003) is an excellent, timely and very unique analysis of economic transition under European Union dimensions, minus the jargon and hype accompanying many economic works. This one stands out.
Bruno S. Sergi has given the world this new term, viewed from the traditional supply side perspective. The Brussels Consensus is a vast improvement upon the traditional "," an outmoded term not least because of its unpopularity in many areas of the world. The Brussels Consensus is a vast improvement upon that of "Washington," not least because Sergi calls for an activist state role based on a Keynesian, Schumpeter interpretation of supply-side economics. This is to be admired, as many if not all policy makers favoring the "Washington Consensus" misinterpret Keynes-Schumpeter supply side views. This new approach is no small accomplishment: it is one of the few academic approaches that can be understood by lay person, student, and policymaker alike. It is for the policymaker, however, that the new concept is most intended and, above all, most appreciated. At this critical juncture concerning European Union economic transition policy making, it takes a courageous thinker to say to all policy makers, past and present, think again.
Professor Sergi initiated the Brussels Consensus for the primary purpose of competing with the Washington Consensus globally. The Washington Consensus has been the common name for global policy concerning the International Monetary Fund (IMF) and World Bank, heavily influenced by the U.S. Treasury department, since the early 1990’s representing the most common theme concerning global trade, economic and development policy since the end of World War II. Professor Bruno Sergi created the Brussels consensus to offer global political and economic leaders an alternative to the Washington Consensus, so global trade and economic planning can choose from a wider choice of trade and economic policy agendas, which benefit greater and greater numbers of people globally.
Moved by the growing criticism of IMF and World Bank policy, at the direction of U.S. leadership, Bruno Sergi is offering the world a new opportunity to impart greater, more rational regional and global development choices to more and more decision makers at regional and global levels. The growing criticism and mistrust of World Bank-IMF-U.S. led economic leadership agendas, is forcing a larger and greater debate regarding who should lead the global economic and trading agenda, currently dominated by the U.S. led World Trade Organization (WTO), IMF and World Bank. As this distrust globally continues to manifest itself in ever greater violence directed against Washington Consensus policies, the growing acceptance of a Brussels Consensus will have several positive features and continue generating greater and more equally defined policy-development benefits to more and more people globally. Primarily the Brussels Consensus, as it continues to grow in popularity and acceptance, will naturally evolve into an effective competing agenda, directly forcing the Washington Consensus to broaden its agenda and become more inclusive of all groups in the global development debate, and not just the current few. The Brussels Consensus, by creating a much greater degree of competition globally for the hearts and minds of regional and global economic decision makers, is allowing more and more people involved directly or marginally in trade and economy to have a greater voice in the on-going debate over proper, distributive economic strategy and policy.
He taught courses internationally, and has been adjunct professor and guest lecturer with central bank research departments and universities in several countries globally, including the International Monetary Fund, the central banks of the Czech Republic, Poland, Slovakia and Belgium, New York University, the ISM University of Management and Economics in Vilnius, Prague International Business School and City University – Bratislava. Professor Sergi has served as a Marie Curie Action Senior Researcher at the University of Szczecin. He is also a Visiting Fellow with the University of Greenwich Business School and CERC-University of Melbourne.
Professor Sergi’s fields of research interest include International and Transition Economics. He has taught several seminars and courses internationally, and has been adjunct professor and guest lecturer with central banks and their research departments, universities in several countries worldwide, including the International Monetary Fund and New York University. He has published several books and dozens of articles in scientific journals. For Inderscience Publishers, he is the founder and editor-in-chief of the International Journal of Trade and Global Markets, the International Journal of Monetary Economics and Finance and the International Journal of Economic Policy in Emerging Economies. Professor Sergi can be reached at: [b_sergi@hotmail.com]
He graduated from the University of Messina and obtained his MSc and MPhil from the University of London and his PhD from the University of Greenwich Business School.
Professor Sergi has published the following four books:
1) The Political Economy of Southeast Europe from 1990 to the Present: Challenges and Opportunities. New York: Continuum (2008) (Joint with Qerim Qerimi). ISBN: 9780826428677
2) Global Business Management: A Cross-Cultural Perspective. Aldershot, UK: Ashgate (2007) (Joint with Abel Adekola) ISBN-13 978-0-7546-7112-1
3) Communist Economics in Russia. Budapest: Akademiai Kiado (2004). ISBN: 9630581345
4) Economic Dynamics in Transitional Economies: The Four-P Governments, the EU Enlargement, and the Bruxelles Consensus. New York: International Business Press (2003). ISBN: 0-7890-1636-2
He has co-edited the following six books with William T. Bagatelas:
• Industries and Markets in Central and Eastern Europe . Ashgate: 2007. • The Slovak Economy and EU Membership Bratislava: Iura Edition, 2004. • Economics and Politics: Has 9/11 Changed Anything? Bratislava: Iura Edition, 2004. • Ethical Implications of Post-Communist Economic and Political Transition in Europe. Bratislava: Iura Edition, 2005. • Business Opportunities in Slovakia and Central Europe. Bratislava: Iura Edition, 2005. • Economic and Political Development Ethics: Europe and Beyond. Bratislava: Iura Edition, 2007.