Stanley Fischer Steps Down. Led Bank of Israel Through Tough Times

fischerWhat are the ingredients of Fischer’s success?  Fischer, 69, has spent his entire life as a witness to the extent to which politicians, not economists, dictate economic decisions. And after achieving most of his goals during his term in office, now he’s looking for a new challenge.  What interests him? Over the past years his name has come up as a possible candidate to succeed Shimon Peres as Israel’s president, but Peres isn’t going anywhere and Fischer has convinced everyone who has inquired that he isn’t interested in the position. Close associates of the governor, however, say his real dream lies elsewhere: He wants to be Israel’s foreign minister.  This is an interesting proposition: Fischer has a better international reputation than any other Israeli and would be welcome anywhere he chooses to go throughout the world. He truly believes that he could accomplish things no previous foreign minister has been capable of, including advancing the peace process.   Article

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