Public Engagement

  • Faculty

    Barry Herman

    Office Location:

    Fanton Hall/Welcome Center


    Barry Herman (Ph.D., University of Michigan) is currently a Visiting Scholar at the Graduate Program in International Affairs of The New School in New York, following 10 years as a member of the teaching faculty. He has been a member since its founding in 2010 of the Advisory Board of Social Justice in Global Development e.V., an international NGO registered in Germany that promotes reform of global development policies and improved global economic governance by preparing papers and organizing seminars and conferences for information exchange, advocacy and development education ( Also, from its inception in 2005 until end 2011, he was a member of the Board of Directors of Global Integrity, a research non-profit based in Washington that works with independent scholars and investigative reporters on assessing laws, institutions and practices to improve governance and limit corruption in developed and developing countries. In addition, from 2004 to 2009 he co-chaired the Task Force on Debt Restructuring and Sovereign Bankruptcy at the Initiative for Policy Dialogue at Columbia University. He completed almost 30 years in the United Nations Secretariat in 2005, the last two years of which were as Senior Advisor in the Financing for Development Office in the Department of Economic and Social Affairs (DESA). He consults with various offices of the United Nations and other official bodies and non-governmental networks on international economic and financial policies, including the Commonwealth Secretariat, the World Council of Churches and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ).

    Degrees Held:

    PhD (economics), University of Michigan, 1974

    MBA (business economics), University of Chicago, 1967

    BA (mathematics), Columbia University, 1965

    Professional Affiliations:

    American Economic Association

    Union for Radical Political Economics

    Recent Publications:



    "Supporting More Holistic National Policy Making in the Financing of Development", a paper circulated by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to participants at Third Retreat of the Group of Friends of Monterrey, Oaxaca, Mexico, 19-20 March 2018 as a contribution to the follow-up to the 2015 Addis Ababa Action Agenda on Financing for Development and to current discussions on integrated financing concepts.


    "Opening Statement", Panel on 'Financing Universal Social Protection in Developing Countries', Civil Society Forum at the Annual Meetings of the International Monetary Fund and the World Bank, Washington, DC, 11 October 2017.

    "Towards Responsible Lending to Responsible Sovereigns" Presentation at Interdisciplinary Sovereign Debt Research and Management Conference ("DebtCon2"), The Graduate Institute of International and Development Studies Geneva, Switzerland, 5 October 2017. 

    "Social Protection Floors in the Financing for Development Agenda" United Nations, Financing for Development Office in Support of the Inter-Agency Task Force, Working Paper II.A/2 (March). 



    "A Role for Legitimacy in Sovereign Debt: A Review Essay on Odette Lienau, Rethinking Sovereign Debt, 2014", Accounting, Economics and Law - A Convivium. ISSN (Online) 2152-2820, ISSN (Print) 2194-6051, DOI: 10.1515/ael-2015-0017,June 2016

    "A Design for the Follow-up and Review Process on Financing for Development", Consultancy paper for  Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Bonn, Germany, January 8, 2016



    "What Kind of International Support for Social Protection Floors?" International Council on Social Welfare, Global Cooperation Newsletter November 2015, pp. 1-5.

    "Wanted: A New Debt Deal for the World,The Globalist, October 9, 2015.

    "Addis Ababa July 2015: Near death of a global governance experiment", FUNDS Briefing No. 33, September 2015 (Future United Nations Development System, a project of the Ralph Bunche Institute for International Studes, Graduate Center, City University of New York)

    "El Juez Griesa está en desacato con las bonistas" [Judge Griesa is in default to the bondholders], interview in Tiempo Argentino by Genaro Grasso, 17 May 2015.

    Towards a Multilateral Framework for Recovery from Sovereign Insolvency, Working Paper Series, Initiative for Policy Dialogue, Columbia University, to be published in Too Little, Too Late: The Quest for Resolving Sovereign Debt Crises; Edited by M. Guzman, J.A. Ocampo, and J.E. Stiglitz; Columbia University Press, New York (2016).



    “A Small Step, But a Step Nonetheless, Towards International Sovereign Debt Reform,” Third World Resurgence, No. 289 (September 14, 2014), pp. 20-24.

    An Urgent Need for Clarity on the Post-2015 Development Agenda and Financing for Development, a Friedrich Ebert Stiftung Perspective, New York, August, 2014. Reprinted in Matthieu Boussichas and Patrick Guillaumont, eds., Financing Sustainable Development:Addressing Vulnerabilities, Fondation pour les Études et Recherches sur le Développement International (Paris: Economica, 2015).

    "Last chance for good news" [in Norwegian] in Gjelds-Brevet No. 2 of 2014, pp. 6-7.

    "Thoughts for Addis: Official development cooperation," posted on website of Social Justice in Global Development, August 6, 2014

    Country Bankruptcies and the Shackles of U.S. Law: Argentina and Beyond, in The Globalist, August 5, 2014.

    "Recent Thinking on How the International Community Should Fix Sovereign Liquidity and Solvency Crises," Roundtable on the Substance of a Sovereign Debt Workout Mechanism, Heinrich Böll Foundation, Berlin, 23 January 2014.

    Review of "Economic Policy and Human Rights" edited by Radhika Balakrishnan and Diane Elson, Review of Radical Political Economics, vol. 46, No. 1 (Winter 2014), pp. 108-110.


    "Half a Century of Proposals for 'Innovative Development Financing." United Nations Department of Economic and Social Affairs, DESA Working Paper No. 125 (July 2013).

    "Toward a New Global Partnership for Development: Looking Back to Look Forward," Background Study for the United Nations Development Cooperation Forum, Ethiopia High-Level Symposium, Addis Ababa, 5-7 June 2013.

    "Regulating Financial Sectors for Development and Social Justice," Notes for an expert group meeting organized by the Office of the High Commissioner for Human Rights, United Nations, New York, 24 April 2013.

    “Deficits and Sovereign Debt,” in Christopher G. Bates and James Ciment, eds., Global Social Issues: An Encyclopedia, Armonk, New York: M.E. Sharpe, 2013, vol. 1, pp. 188-197.

    Who Wants to Fix the UN? Review of "What's Wrong with the United Nations and How to Fix it" by Thomas Weiss, Economic and Political Weekly (Mumbai), April 20, 2013.

    Interview by Global Citizen Initiative, February, 2013.


    "Sovereign Debt Difficulties: Had Enough Yet?" in The Globalist, December 14, 2012.

    "Have You Heard About the 'Rolling Jubilee'?" Triple Crisis Blog, November 18.

    “Financial Services, Economic Needs and Global Financial Architecture: A Background Paper,” web published by World Council of Churches, Geneva, August, 2012, 50 pp.


    “A Pragmatic Ideal for Global Economic Governance,” Whitehead Journal of Diplomacy and International Relations, vol. XII, No. 2 (Summer/Fall 2011), pp. 89-101.

    “G20: Wrong International Forum for Development,” web published by Social Justice in Global Development, November 2011, 16 pp; invited summary published in German and English by Informationsbrief Weltwirtschaft & Entwicklung (World Economy and Development in Brief), November-December 2011.

    “How to Resolve Sovereign Debt Crises in the Twenty-First Century,” Initiative for Policy Dialogue, Columbia University, Working Paper, August 1, 2011.

    Postings on Recovery with a Human Face, UNICEF blog:
    November 8, 2011, on G20 self-asserting leadership of international development cooperation policy;
    May 9, 2011, on revenue raising potential of a small global wealth tax.


    Herman, Barry, José Antonio Ocampo and Shari Spiegel (eds). Overcoming Developing Country Debt Crises. Oxford and New York: Oxford University Press, 2010.

    “Towards a Sovereign Insolvency Mechanism: Why it matters to small Vulnerable Economies, what it might be like, and how to get it,” prepared for Consultative Workshop on Policy Options to address the Looming Debt Problems of Commonwealth Small Vulnerable Economies, Kingston, Jamaica, 27 September 2010

    Posting on Recovery with a Human Face, UNICEF blog:
    December 6, 2010, on misplaced austerity in European macroeconomic policies, whereas a sovereign debt workout mechanism could have better set creditor interests against social imperatives.


    Research Interests:

    international finance and development, global economic governance, public finance and sovereign debt crises, access of the poor to appropriate financial services