Education

He received degrees in law and economics from the University of Uppsala, and subsequently lectured in economics for two years at the Stockholm Schools of Forestry and Engineering.

Career

Per Jacobsson received degrees in law and economics from the University of Uppsala, and subsequently lectured in economics for two years at the Stockholm Schools of Forestry and Engineering.

He was a member of the Economic and Financial Section of the League of Nations Secretariat from 1920 to 1928, taking an active part in its financial reconstruction work in Europe and thus starting the career of international public service to which he devoted most of his life.

In 1931 Per Jacobsson became head of the Monetary and Economic Department of the newly-established Bank for International Settlements. He was responsible for writing the Bank's Annual Report, which acquired, under his guidance, a world-wide reputation. He also undertook many important assignments outside the Bank. He was a member of the Irish Banking Commission, whose report led to the establishment of the Central Bank of Ireland, and he conducted a number of special inquiries into the economic and financial problems of Austria, France, Germany, Italy, the Netherlands, and the Sterling Area. In 1952 he was instrumental in setting up the Basle Centre for Economic and Financial Research.

He took up his duties as Chairman of the Board and Managing Director of the International Monetary Fund in December 1956, where he served until his death on May 5th, 1963. Under his leadership, the Fund greatly increased both its financing activities and its authority and influence. His personal efforts contributed in no small way to the major monetary developments of these years-the move to convertibility of the major European countries and a substantial increase in the size of the Fund's financial resources.

Connections

Daughter:

Erin Elver Jucker- Fleetwood