Background
Anne Krueger was born on February 12, 1934 in Endicott, New York, United States. She is a daughter of Leslie A. Osborn and Dora W. Osborn.
Anne Krueger was born on February 12, 1934 in Endicott, New York, United States. She is a daughter of Leslie A. Osborn and Dora W. Osborn.
She received her undergraduate degree from Oberlin College and her Doctor of Philosophy in economics from the University of Wisconsin–Madison.
As an economist, Krueger is known in macroeconomics and trade, famously coining the term rent-seeking in a 1974 article and has frequently criticised the U.S. sugar subsidies. She has published extensively on policy reform in developing countries, the role of multilateral institutions in the international economy, and the political economy of trade policy. In her 1996 Presidential address to the American Economic Association, she explored the lack of congruence between successful trade and development policies enacted worldwide and prevailing academic views.
She taught at the University of Minnesota from 1959 to 1982 before serving as World Bank Chief Economist from 1982 to 1986. After leaving the Bank, she taught at Duke University from 1987–1993, when she joined the faculty of Stanford University as Herald L. and Caroline L. Ritch Professor in Humanities and Sciences in the Department of Economics. She was also the founding Director of Stanford's Center for Research on Economic Development and Policy Reform; and a Senior Fellow of the Hoover Institution.
She served as First Deputy Managing Director of the International Monetary Fund (IMF) from September 1, 2001 to August 31, 2006, serving as Acting Managing Director of the Fund on a temporary basis between March 4, 2004 (resignation of Horst Köhler), and June 7, 2004 (starting date for Rodrigo de Rato's mandate). Until the appointment of Christine Lagarde in 2011, she was the only female to fill the role of IMF Managing Director.
Beginning in the spring of 2007, she assumed the position of professor of international economics at the Johns Hopkins School of Advanced International Studies in Washington, D.C. She has published extensively on policy reform in developing countries, the role of multilateral institutions in the international economy, and the political economy of trade policy. In her 1996 Presidential address to the American Economic Association, she explored the lack of congruence between successful trade and development policies enacted worldwide and prevailing academic views.
She is a member of the National Academy of Sciences, and a Research Associate of the National Bureau of Economic Research.
In 1981 she married James Henderson.