SCOTT B. MACDONALD, PH.D.
*** ********* ****, ***** ******, NY 10605
********@*******.***
Experience: Qualified financial professional with strong credit and macroeconomic skills and research team leadership experience. Heavy experience with sovereigns. Extensive track record with institutional, high net worth and fixed income investors in the United States, Europe and Asia. Solid understanding of and ability to deal with the financial media with a view to raising the firm’s profile with investors.
May 2016 -
Current
2012- August 2015
Chief Economist, Smith’s Research & Gradings, Great Falls, VA 22066
Work entails bi-weekly newsletter pertaining to macro-economic issues and major market risks as well as working with clients directly or speaking at the company’s conferences.
Senior Managing Director, Head of Research and member of the Senior Management Committee, MC Asset Management Holdings, LLC, Stamford, Connecticut
Coordinate economic and credit research for an alternative asset management company that is owned by Mitsubishi Corporation, for an entity previously managed within Aladdin Capital Management LLC.
Work closely with portfolio management team of sponsored investment grade credit funds with peak AUM of approximately $200 million, providing macroeconomic and credit research support.
Member of the Senior Management Committee, handling key issues across all business units.
Member of the Risk Monitoring and Management Committee, playing an active role in monthly review of macro-risk factors. In January 2012 served as interim Chief Compliance Officer.
Business development: research and recommend attractive sectors for investment opportunities (food, timberlands and aviation).
Produce a biweekly global economic, geopolitical, real assets and credit trends publication for extensive institutional investor contacts and the media.
Successfully maintained and supported investor relationships with a strong Japanese institutional base; institutional, family office and high net worth accounts in the EU and U.S. Increased credibility through direct communication and interface, and enhancing marketing efforts by MC, as global placement agent, to replicate marketing successes and investor loyalty achieved by Aladdin in Japan and the U.S.
Lead a global sales weekly meeting on global macroeconomic issues and market conditions.
2000- 2011
Senior Managing Director and Principal, Head of Credit & Economics Research, Aladdin Capital Management LLC, Stamford, Connecticut
Coordinated and produced credit and economics research for fixed income asset manager with peak AUM of $20 billion and offices in Stamford, London and Tokyo.
Managed team of head quantitative analyst, chief economist, and research analysts.
Worked closely with credit, debtor-in-possession and infrastructure funds, including regular contact and presentations of credit market outlooks with investors around the globe.
Published weekly on global economic, sovereign and credit trends. Produced a well-received newsletter with distribution of around 1,000 in Asia, Europe, and North America.
Managed the company’s website and all press relations and external communications.
Frequent commentator for the firm with Bloomberg, MSNBC and other international financial media.
Unit sold by Aladdin to an asset management subsidiary of Mitsubishi Corporation at year-end 2011.
1999-2000
Chief Economist, KWR International, New York, NY
Provided economic and stock market analysis for clients, including economic outlook for major OECD economies.
Prepared special reports on the U.S. economy and Asian and Latin American issues (both political and economic) for Japanese clients.
1995-1998
Director of Sovereign Research, Donaldson, Lufkin & Jenrette, New York, NY.
Worked with Yankee, Floating Rate Note and High Yield Trading Desks, sales-force, investor accounts and investment banking.
Published quarterly The Sovereign Review and the Sovereign Weekly Wrap-Up.
Instrumental in getting the Commonwealth of the Bahamas its A3 rating.
Made pitches to sovereign issuers in Trinidad and Tobago, Jamaica and Barbados as well as Yankee banks in Spain, France, Luxembourg, Germany, Italy and Thailand.
Worked with equity issue for CANTV, providing economic and political presentations on Venezuela. Conducted relative value seminars to investors in U.S., Taiwan and Europe.
1993-1995
Sovereign Risk Analyst and Director, Credit Suisse First Boston, New York, NY
Provided relative value research for investors on Canada, Western Europe and Asia
Close working relationships with capital markets and trading desks.
Presented and coordinated political/economic presentations with Korean Development Bank road show in Europe and the United States.
Made new issues pitches to sovereign and sovereign-owned issuers in Australia, Canada (both federal and provincial levels), Korea, China, Hong Kong, Thailand, Taiwan, Malaysia, Singapore, Indonesia, the Philippines, and India.
Conducted relative value seminars in the U.S., Singapore, Hong Kong and Japan.
1988-1993
International Economic Advisor, Office of the Comptroller of the Currency, Washington, D.C.
Advised Deputy Comptroller on international economic events; worked in money laundering issues and Brady Plan reschedulings for Argentina and Brazil;
Contributing author of the OCC guide on money laundering compliance for bankers.
Member of Financial Action Task Force Team for the Examination of Luxembourg and speaker at FATF meeting in Budapest, Hungary.
Member of missions to Colombia and Ecuador on money laundering assistance program
1987-1988
Chief International Economist, Maryland National Bank, Baltimore, Maryland
Worked with Chief Credit Officer maintaining internal rating system for the bank’s overseas loan portfolio.
Responsible for country reports for over 60 countries with a concentration on Asia (Indonesia, Korea, China), Latin America (Brazil and Mexico) and Turkey.
1986-1987
International Economist, American Security Bank, Washington, D.C
Worked with Chief Credit Officer to maintain internal rating system for bank’s overseas portfolio.
Provided political & economic data on 40 countries for bank’s senior management, with a focus on Turkey, Indonesia, Korea, Argentina, Brazil, Mexico, Peru and Venezuela.
1984-1986
Unit Head/Sovereign Country Risk Analyst, Connecticut National Bank
Provided sovereign risk analysis of bank’s loan portfolio, maintaining internal rating system and managing credit analysts dealing with international companies and specialized industries.
Concentration on Asia, Latin America and Europe.
1979-1984
Teaching Assistant, University of Connecticut, Storrs, Connecticut.
Authoritarian Governments
Politics, Propaganda and Cinema
Latin American Politics
Education:
1985
University of Connecticut, Storrs, Connecticut.
Ph.D. in Political Science
Areas of Concentration: International Relations, Comparative Government, Latin American Studies;
Doctoral dissertation: Trinidad and Tobago: Democracy and Development in the Caribbean
1979
University of London, School of Oriental and African Studies
M.A. Asian Studies, Concentration in China, Japan and Korea
Master’s dissertation: The Impact of the Korean War on the Structure of International Relations in East Asia
1978
Trinity College, Hartford, Connecticut.
B.A. in History and Political Science
Honors in Political Science
1974
Avon Old Farms School, Avon, Connecticut
Honors:
Institutional Investor All-American Fixed Income Research Team
Rated #2
Sovereigns
1998
Rated #2
Sovereigns
1997
Rated #3
Canadians
1997
Rated #2
Sovereigns
1996
Rated #3
Sovereigns
1995
Other Qualifications:
FINRA Series 7 and Series 63 licenses.
Senior Editor of the KWR International Advisor, Internet Magazine on International Business and Affairs.
Adjunct Professor of Political Science at the University of Connecticut (Stamford).
Political Institutions and Behavior in Western Europe Fall 2012
Introduction to Comparative Government Fall 2014 and 2015
Memberships:
National Association of Business Economists (NABE)
American Political Science Association (APSA)
White Plains Youth Travel Soccer Coach (2002-2011)
El Centro Hispano (White Plains), Board of Directors (July 2016-Present)
Most Recent Publications (full list available on request including all 18 books):
State Capitalism’s Uncertain Future, co-authored with Jonathan Lemco (Praeger, 2015).
Asia’s Rise in the 21st Century co-authored with Jonathan Lemco (2011 Praeger).
When Small Countries Crash co-authorized with Andrew Novo, (Transaction 2011).
Separating Fools From Their Money: A History of American Financial Scandals, with Jane E. Hughes (Transaction Press, 2006). (Paperback edition with Postscript in 2009) (Second edition 2015).
A Carnival on Wall Street: Global Capital Markets in the 1990s with Jane Hughes. (John Wiley & Son, 2003).
International Banking Management: Text and Cases, with Jane Hughes (Addison, Wesley, Longman, 2001).
A History of Credit and Power in the Western World, with Albert L. Gastmann (Transaction, 2001).
Fast Forward: Latin America on the Edge of the 21st Century, with Georges A. Fauriol (Transaction Press, 1997; paperback edition 1999).
New Tigers, Old Elephants: The Development Game in the 1990s and Beyond, with Jane E. Hughes and David L. Crum (Transaction Press, 1996). New edition 2000, with new forward.
European Destiny, Atlantic Transformations: Portuguese Foreign Policy Under the Second Republic, 1974-92 (Transaction Press, 1994).
International Handbook on Drug Control, co-editor with Bruce Zagaris (Greenwood Press), 1992.
The Politics of the Caribbean Basin Sugar Trade, co-editor with Georges A. Fauriol (Praeger, 1991).
Latin American Debt in the 1990s, co-editor with Jane Hughes and Uwe Bott (Praeger, 1991).
The Global Debt Crisis: Forecasting for the Future, co-editor with Margie Lindsay and David L. Crum (Francis Pinter Publisher, 1990).
Mountain High, White Avalanche: Cocaine and Power in the Andean States and Panama (Praeger, 1989).
Dancing on a Volcano: The Latin American Drug Trade (Praeger, 1987).
The Caribbean After Grenada: Revolution, Conflict and Democracy, co-editor with Paul Goodwin, Jr. and Harald Sandstrom (Praeger, 1988).
Trinidad and Tobago: Democracy and Development in the Caribbean (Praeger, 1986).
Selected Articles
“St. Vincent and the Grenadines Go to the Polls”, Global Americans, October 20, 2020. https://theglobalamericans.org/2020/10/st-vincent-and-the-grenadines-go-to-the-polls/.
“America’s Shrinking Geopolitical Power”, The National Interest, June 8, 2017. http://nationalinterest.org/blog/the-buzz/americas-shrinking-geopolitical-power-21062.
“China’s Belt and Road Initiative Is the Ultimate Mixed Bag”, The National Interest, May 21, 2017. http://nationalinterest.org/feature/chinas-belt-road-initiative-the-ultimate-mixed-bag-20767.
“Macron’s Win Isn’t Necessarily a Loss for Le Pen”, The National Interest, May 8, 2017. http://nationalinterest.org/feature/macron-win-isnt-necessarily-loss-le-pen-20564.
“Venezuela Is Turning into Libya”, The National Interest, May 3, 2017. http://nationalinterest.org/feature/venezuela-turning-libya-20471.
“France and the Rise of the Outsider”, The National Interest, April 24, 2017. http://nationalinterest.org/blog/france-the-rise-the-outsider-20336.
“Suriname’s Economic Crisis”, CSIS Commentary, April 20, 2017. https://www.csis.org/analysis/surinames-economic-crisis.
“Hostile Takeover: How Nationalism Could Fracture Europe’s Political and Economic Union”, The National Interest, March 27, 2017. http://nationalinterest.org/feature/hostile-takeover-how-nationalism-could-fracture-europes-19923.
“Can the EU Stop Yet Another Greek Debt Crisis?”, The National Interest, February 13, 2017. http://nationalinterest.org/feature/can-the-eu-stop-yet-another-greek-debt-crisis-19426.
“Can Oil Rescue Guyana from the Brink of Calamity?, The National Interest, February 7, 2017. http://nationalinterest.org/feature/can-oil-rescue-guyana-the-brink-calamity-19355.
“A Better Year Ahead for the Caribbean?”, CSIS Commentary, February 2, 2017. https://www.csis.org/analysis/better-year-ahead-caribbean.
“Can Trump’s Trade Plan Fix TPP Damage?, The National Interest, January 30, 2017. http://nationalinterest.org/feature/can-trumps-trade-plan-fix-tpp-damage-19248.
“Mexico First?”, The National Interest, January 9, 2017. http://nationalinterest.org/feature/mexico-first-18996.
“Why Italy Could Leave the Eurozone”, The National Interest, December 7, 2016. http://nationalinterest.org/search/site/Italy.
“Will Trump Stop America’s Reset with Cuba”, The National Interest, November 20, 2016. http://nationalinterest.org/feature/will-trump-stop-americas-reset-cuba-18455.
“Are Saudi Arabia’s Sovereign Bonds a Game Changer?”, The National Interest, October 24, 2016. http://nationalinterest.org/feature/are-saudi-arabias-sovereign-bonds-game-changer-18169.
“The Other North Korean Threat”, The National Interest, September 21, 2016. http://nationalinterest.org/feature/the-other-north-korean-threat-17770.
“Eastern Europe’s New Geopolitical Fault Lines,” The National Interest, July 7, 2016. http://nationalinterest.org/feature/eastern-europes-new-geopolitical-fault-lines-16883.
“One Last Chance to Stop China’s Impending Debt Crisis”, The National Interest, June 16, 2016. http://nationalinterest.org/feature/one-last-chance-stop-chinas-impending-debt-crisis-16621.
“The Greece Trap: More Bailouts Don’t Solve Athen’s Troubles,” The National Interest, June 7, 2016. http://nationalinterest.org/feature/the-greece-trap-more-bailouts-dont-solve-athenss-troubles-16492.
“Will Iceland Fall to Pirates?”, The National Interest, April 14, 2016. http://nationalinterest.org/feature/will-iceland-fall-pirates-15777.
“Dark Clouds Ahead for the Latin American Left”, The National Interest, March 17, 2016. http://nationalinterest.org/feature/dark-clouds-the-latin-american-left-15532.
“Can This Man Keep Europe Out of Another Crisis?”, The National Interest, February 17, 2016. http://nationalinterest.org/feature/can-man-keep-europe-out-another-crisis-15230. (on Europe’s financial problems).
“Rousseff’s ‘Silver Lining’ Playbook”, The National Interest, January 15, 2016. http://nationalinterest.org/feature/rousseffs-%E2%80%98silver-lining%E2%80%99-playbook-14913.
“Venezuela Votes for Change After 16 Years of ‘Chavismo’”, The National Interest, December 9, 2015. http://nationalinterest.org/feature/venezuela-votes-change-after-16-years-chavismo-14570.
“Drugs and Political Decay in Venezuela”, The National Interest, November 17, 2015. http://nationalinterest.org/feature/drugs-political-decay-venezuela-14365.
“Making Sense of Canada’s Big Election Results”, The National Interest, October 22, 2015. http://nationalinterest.org/blog/the-buzz/making-sense-canadas-big-election-results-14143.
“Brazil at the Economic Crossroads”, The National Interest, October 9, 2015. http://nationalinterest.org/feature/brazil-economic-crossroads-14035.
“Brazil’s Massive Confidence Crisis”, The National Interest, September 15, 2015. http://nationalinterest.org/feature/brazils-massive-confidence-crisis-13850
“China’s Policy Nightmare: Fixing the Economy While Keeping the Peace”, The National Interest, August 14, 2015. http://nationalinterest.org/feature/chinas-policy-nightmare-fixing-the-economy-while-keeping-the-13584
“This Is Not Your Parent’s Caribbean”, The National Interest, August 9, 2015. http://nationalinterest.org/feature/not-your-parents-caribbean-13532
“Will Japan Survive Its Great Big Debt Disaster?”, The National Interest, July 30, 2015. http://nationalinterest.org/feature/will-japan-survive-its-great-big-debt-disaster-13463.
“The Great Chinese Financial Meltdown of 2015?”, The National Interest, July 8, 2015. http://nationalinterest.org/feature/the-great-chinese-financial-meltdown-2015-13292.
“Greece’s Only Hope”, The National Interest, June 30, 2015. http://nationalinterest.org/feature/greeces-only-hope-13227.
“The United Kingdom Post-Election: Breaking Up or Together Forever?”, The National Interest, May 13, 2015. http://nationalinterest.org/feature/the-united-kingdom-post-election-breaking-or-together-12876.
“Unstoppable: Brazil’s Endless Cycle of Corruption”, The National Interest, March 30, 2015. http://nationalinterest.org/feature/unstoppable-brazils-endless-cycle-corruption-12504.
“Could Greece and Russia Crush the European Union?, The National Interest, February 18, 2015. http://nationalinterest.org/feature/could-greece-russia-crush-the-european-union-12278.
“Greece: Europe’s Test Lab for Economic Reform?” The National Interest, January 14, 2015. http://nationalinterest.org/feature/greece-europes-test-lab-economic-reform-12025.
“The EU’s Day of Reckoning: Italy Is Too Big to Bail Out”, The National Interest, December 15, 2014. http://nationalinterest.org/feature/the-eus-day-reckoning-italy-too-big-bail-out-11855.