David Hale is a Chicago-based global economist whose clients include asset management companies in North America, Europe, Asia, and Africa. He is the founding chairman of David Hale Global Economics. He formerly worked as chief economist for Kemper Financial Services from 1977 to 1995 and Zurich Financial Services, which he joined as chief economist when it purchased Kemper in 1995. He advised the group’s fund management and insurance operations on both the economic outlook and a wide range of public policy issues until 2002, when he founded David Hale Global Economics.
Mr. Hale holds a B.Sc. degree in international economic affairs from the Georgetown University School of Foreign Service and a M.Sc. degree in economics from the London School of Economics. Mr. Hale is a member of the National Association of Business Economists, New York Society of Security Analysts, National Business Economics Issue Council, Academic Advisory Board of the Federal Reserve Bank of Chicago, and Competitive Markets Advisory Council of the Chicago Mercantile Exchange. He is a member of the Council on Foreign Relations in both New York and Chicago, and is a long-time member of the Australian American Leadership Dialogue.
He writes on a broad range of economic subjects and his articles have appeared in The Wall Street Journal, the Financial Times, The New York Times, the Nihon Keizai Shimbun, The Australian Financial Review, Harvard Business Review, Foreign Affairs, Foreign Policy, National Interest, and other publications. He lectures worldwide, to groups including the World Economic Forum, the Fortune Global CEO Conference and the National Association of Governors. He has frequently testified before Congressional committees on domestic and international economic policy issues, and has done briefings for senior officials in the executive branch, including former President George W. Bush.
In September 1990, the New York chapter of the National Association of Business Economists conferred upon Mr. Hale, the William F. Butler Award. This award is conferred annually by the society upon a business economist who has made an outstanding contribution to the field. Other recipients have included Paul Volcker, Geoffrey Moore, Lawrence Klein, Alan Greenspan, and Otto Eckstein.
China Takes Off, published in Foreign Affairs in 2003 and written jointly with his wife Lyric Hughes Hale, is one of the most oft-cited surveys of China’s economic ascendency. Their newest publication, ”What’s Next? Unconventional Wisdom on the Future of the Global Economy” published by Yale University Press in 2011.