Richard A. Werner

Prof. Richard A. Werner is a Professor of Banking and Economics at the University of Winchester Business School. Previously, he held professorial roles at Goethe University Frankfurt, the University of Southampton, and Fudan University. His research focuses on banking systems, monetary policy, and sustainable development. He is renowned for coining the term 'quantitative easing' and authored bestsellers like Princes of the Yen (1999), which critiques Japanese financial policies. Werner has also advised global institutions and founded Local First, a community interest company promoting not-for-profit banking.

Education: DPhil (Economics) from the University of Oxford, B.Sc. (Economics) from LSE. Professional experience includes roles as Chief Economist at Jardine Fleming, Senior Managing Director at Bear Stearns, and visiting researcher at the Bank of Japan. Awards include the 2003 World Economic Forum's 'Global Leader for Tomorrow.'

Research emphasizes the role of bank credit creation in economic growth, critiquing IMF/World Bank policies for disadvantaging developing nations. He advocates decentralized banking systems to enhance economic resilience. Key contributions include empirical proof of banks' money-creation process and analyses of Eurozone crises, Greek debt, and China's Belt and Road Initiative.

Grants and collaborations include founding the Centre for Banking, Finance and Sustainable Development at Southampton. His work bridges academia and policy, with a focus on equitable economic models.