Nicholas Stern

Lord Stern is Professor of Economics and Government at the London School of Economics.

Lord Stern is a British economist and academic. He is IG Patel Professor of Economics and Government, Chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics (LSE), and 2010 Professor of Collège de France.

After receiving his Doctor of Philosophy in economics at Nuffield College, Oxford, Lord Stern was a lecturer at University of Oxford from 1970 to 1977, and served as a Professor of Economics at the University of Warwick from 1978 to 1987. He taught from 1986 to 1993 at the London School of Economics, becoming the Sir John Hicks Professor of Economics. From 1994 until 1999 he was the Chief Economist and Special Counsellor to the President of the European Bank for Reconstruction and Development. His research focused on economic development and growth, and he also wrote books on Kenya and the Green Revolution in India. From 1999 until 2000 Stern was Chairman of the consultancy London Economics founded by John Kay. He was the Chief Economist and Senior Vice-President of the World Bank from 2000 to 2003.

After his time working for the World Bank, Stern was recruited by Gordon Brown, then Chancellor of the Exchequer, to work for the British government where, in 2003, he became second permanent secretary at H.M. Treasury, initially with responsibility for public finances, and head of the Government Economic Service. Having also been Director of Policy and Research for the Commission for Africa, he was, in July 2005, appointed to conduct reviews on the economics of climate change and also of development, which led to the publication of the Stern Review.

Stern was elected a Fellow of the British Academy in 1993. He is also an Honorary Fellow of the American Academy of Arts and Sciences. In the 2004 Birthday Honours List he was made a Knight Bachelor, for services to Economics. On 18 October 2007, it was announced that Stern would receive a life peerage and was to be made a non-party political peer.