He is considered to be one of the founders of Greece in the 20th century as he was for several years a university professor, an academic, manager of Bank of Greece and a top economist.
Born in 1904 in Athens he studied Economics in the University of Athens, in Liepsieg and Paris. His carrier as a professor began in 1928 in Athens' University, and lasted until 1968 when he resigned, as a way to protest against the dictatorship that was imposed on Greece on the 21st April 1967. He held top-level positions in greek and international organisations and he was distinguished as the directing mind of greek economy. In fact he was a member of the Board of Directors of UNRRA, in 1946, manager on behalf of Greece in the International Monetary Fund, between 1946 and 1947 and between 1974 and 1981.
Xenofon Zolotas is a distinguished figure of the world economy as he was the one who introduced the organising of the credit system of the International Monetary Fund and the replacement of the system for the use of exchange parities of the most important currencies.
His writing work in enormous. His doctoral thesis "Greece at the level of industrialisation" was being used until the early 70's, to examine Greece's economy and other countries' economies that have common features with Greece. He was the editor of the "Review of Economic and Political Sciences in Greece".
© 1996 Macedonian Press Agency