Simeon Djankov

Quick Facts

Full Name	Simeon Djankov
Occupation	Economist
Date Of Birth	Jul 13, 1970(1970-07-13)
Age	54
Birthplace	Lovech
Country	Bulgaria
Birth City	Lovech Province
Horoscope	Cancer

Simeon Djankov Biography

Simeon Djankov is one of the most popular and richest Economist who was born on July 13, 1970 in Lovech, Lovech Province, Bulgaria. After the departure of the government of Boyko Borisov in the summer of 2004, Simeon Djankov was appointed to his current position at Harvard Kennedy School as visiting faculty. His lectures are focused on the political aspects of development. While at Harvard Dr. Djankov was the editor of an issue of the Journal of Comparative Economics on the 25th anniversary since the beginning of the transition process across Eastern Europe. Together along with Anders Aslund at the Atlantic Council as well as Anders Aslund at the Atlantic Council, he wrote an article on the transition from communism. The book includes chapters by Leszek balcerowicz on Poland, Vaclav Klaus on the Czech Republic, Lajos Bokros on Hungary, Ivan Miklos on Slovakia along with Mart Laar on Estonia.

Corporate tax rates on income in advanced economies have decreased to an average 46 per cent in 1987, to 23 percent in 2017. Professor Djankov’s research suggests tax convergence is expected to occur in 2020, with the United States, France and Germany all reducing their tax rates below 25 percent. This decreases competition in taxation across tax jurisdictions.

In 1997, Simeon Djankov participated in a World Bank enterprise restructuring project in Georgia. For the next year, the project surveyed most of the manufacturing enterprises in Georgia, identifying those with good export opportunities. Since 2004, after the Rose Revolution, Simeon Djankov has visited Georgia frequently and worked with the government on reforming the business environment. Zurab Nogaideli, prime minister between 2005 and 2007, won a Reformer of the Year award in 2007. Djankov worked closely with Kakha Bendukidze, the main architect of Georgia’s economic reforms.

In 2000–2001, Simeon Djankov was principal author of the World Development Report “Building Institutions for Markets.” The report was guided by Nobel Prize winner Joseph Stiglitz.

The Financial Markets Group was founded by Charles Goodhart and Mervyn King in 1986 to study the growth of non-bank and banking financial institutions. Dr. Djankov’s appointment as director enables him to expand the scope of research on emerging markets. His most recent research focuses about the effect from Brexit in London’s City of London, as reported in “EU Attitudes towards Brexit” and analyzed as “The City of London after Brexit”. His opinions regarding Brexit include that a smooth withdrawal from Great Britain from the European Union is beneficial to everyone Europeans. The purpose of these figures is to make clear the obvious: Politicians in the UK as well as the rest of the EU should be positive in their approach to Brexit. If financial services companies relocate from London it is likely that they would move in an other EU city. Financial centers outside the EU will be more likely to be attracted by companies because they are not EU financial centers are low.

Simeon Djankov Net Worth

Simeon Djankov is one of the richest Economist from Bulgaria. According to our analysis, Wikipedia, Forbes & Business Insider, Simeon Djankov 's net worth $5 Million. (Last Update: December 11, 2023)

Djankov was born in Lovech, Bulgaria on July 13, 1970. Djankov went to his high primary school “Ekzarh Yosif I” in Lovech (1984-89). He graduated in 1989 and was able to pass the entrance exam for the former “Karl Marx Institute of Economics” (today University of National and World Economy) . Simeon Djankov also has a doctorate degree from 1997 at the University of Michigan, on the subject “Three Essays on the Economics of Transition.” The advisor for his thesis was Alan Deardorff. While in the University of Michigan and the World Bank, Djankov published more than 70 papers within professional journals. Journals included are The American Economic Review, the Quarterly Journal of Economics, the Journal of Political Economy, the Journal of Finance, the Journal of Financial Economics. Co-authors comprise Nobel Prize winner Oliver Hart (economist), John Bates Clark Medal winner Andrei Shleifer as well as MacArthur Fellows Program winner Sendhil Mullainathan. He also edited”The Resolution of Financial Distress “The Resolution of Financial Distress” along with Stijn Claessens, and Ashoka Mody. The book focuses on fundamentals of and practical strategies to address the public policy dilemmas that arise in the systemic financial and corporate sector crises as well as lessons to be drawn from the transformations that are taking place in bankruptcy frameworks across the globe. The book also provides research on the most recent initiatives in public policy that address distress resolution, as well as market-based restructuring. Nobel Prize winner Joseph Stiglitz was a co-author.

Simeon Djankov (Bulgarian Simeon Diankov , Simeon Dyankov; born on July 13 1970) is a Bulgarian economist. From 2009 until 2013, he was Vice-Prime Minister as well as Minister for Finance of Bulgaria under the administration that was led by Boyko Borisov. Prior to his appointment to the cabinet Simeon Djankov served as the Chief economist in the private sector and finance vice- presidency at the World Bank. He was assistant editor for The Journal of Comparative Economics from 2004 until 2009. Djankov was a member of the Board of Directors of directors at the European Bank for Reconstruction and Development. In 2013, he was appointed as the rector of the New Economic School in Moscow which that he held until July. He is an Senior Fellow at the Peterson Institute for International Economics and is on leave to perform public service. Since November 15, Dr. Djankov is a research fellow in the Financial Markets Group at the London School of Economics.

Simeon Djankov has had a long and distinguished career at the World Bank, starting in 1995. He has worked in over 100 countries, including Afghanistan, Azerbaijan, Brazil, Colombia, Egypt, Georgia, Kazakhstan, the Kyrgyz Republic, Macedonia, Moldova, Paraguay, Slovakia, Slovenia and Yemen.

Height, Weight & Body Measurements

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Who is Simeon Djankov Dating?

According to our records, Simeon Djankov married to Caroline Freund. As of December 1, 2023, Simeon Djankov’s is not dating anyone.

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In July 2010, the results of the first year of administrative reform were reported. The number of public officials was reduced by 11%, and the number of government institutions by 8%. This is the first time since the fall of communism that administrative reform has resulted in an actual optimization in government. In 2012 since the beginning of his term the number of public officials was reduced by 15%, and the number of government institutions by 9%. Also, the new Law on Public Officials (adopted by Parliament in April 2012) introduced a unified pay scale for all public servants, annulled 72 special laws that previously gave special treatment to some categories of public servants, and eliminated the annual bonus for seniority. Under the new law pay depends fully on merit. The latter change met stiff opposition by the labor unions who have repeatedly called for Dr Djankov’s resignation. In 2012, another part of the administrative reform started: moving some government agencies from the capital city to other regional hubs. The first two government decrees moved the headquarters of the tourism directorates to Plovdiv, and the Agency for Fisheries to Burgas. The rationale for this decentralization is to spread the administrative capacity in Bulgaria more evenly, and to link university education with the needs of the administration.

Facts & Trivia

Simeon Ranked on the list of most popular Economist. Also ranked in the elit list of famous people born in Bulgaria. Simeon Djankov celebrates birthday on July 13 of every year.

His attitude and wording concerning Russia has become famous for his firmness. On September 27, 2012 he stated that if needed Russian nuclear-power companies would be slammed in the talks about future possible building of nuclear plant at Belene if their conditions were not satisfactory for Bulgaria. As deputy prime minister, Simeon Djankov was also responsible for canceling the oil- pipeline project connecting the ports of Burgas and Alexandroupolis. At the same time, as minister Djankov was supportive of easing Russian tourism into Bulgaria and increasing cultural ties. For example, on January 23, 2013, during a visit to Moscow he stated that in fact “Bulgaria bets on Russian investment”. The visa regime was in fact eased after Djankov’s intervention, so that Russian tourists who already have Schengen visas were no longer required to obtain Bulgarian visas. The same new rule applies for citizens of Turkey and Ukraine.