Canadian economist, laureate of the Nobel Prize in Economics for 1999 for “Analysis of Monetary and Fiscal Policy in the framework of various exchange rate regimes, as well as the analysis of the optimal currency zones” Robert Mandell, who is called one of the “euro fathers”, died at the age 88 years old, reports Bloomberg.
“Ppertel Professor of Columbia University Robert Mandell died on April 8 at the 89th year of life in Italian Tuscany, where he lived with his family,” confirmed the Assistant Director of the Economic Research Program of Columbia University Sofia Johnson.
Robert Mandela is considered ideological and intellectual inspirer of euro creation as a single currency for Europe. Since the 60s of the last century, he supported the idea of creating a pan-European economic and monetary union and created the theoretical basis for the introduction of euro.