Robert Mandel is the Father of the euro

Robert Mandel, Nobel Laureate in Economics; the father of the most famous theory on currencies, which is the theory of Optimum Currency Area, which paved the way for the establishment of the European currency "Euro".

Mandel was born in 1932 in Ontario, Canada, and studied economics at the London School; the British University of Colombia; having completed that stage, he received a doctorate in economics.

Mendel is a prominent contributor of the idea of launching the European currency (Euro). International currencies and global exchange rates occupied the most of his thinking. His great efforts in developing global gold standards were not overlooked. He was also a proponent of the idea of reducing taxes.

After his departure, he left a role model, referred to as the global model he developed with the help of the economist Marcus and called it the Mundell-Fleming Model of 1962.

The economist, Mandel, has held many positions during his journey. He worked as Professor of Economics at Columbia University in 1974 and served as Professor of Economics at Stanford University and also attended the Johns Hopkins Paul H. Nitze School of Advanced International Studies, He also worked with the International Monetary Fund (IMF) in 1961 and worked on writing more research on currency exchange rates and their impact on financial policies.

Mandel received several awards during his career in economics, most notably the Nobel Prize in Economics in 1992. He also received the World Economics Award from Kiel Institute for the World Economy in Germany in 2005 and received an honorary doctorate from the University of Paris in recognition of his contributions in the field of economics and financial policy.

Robert Mandel has written several writings that are still taught after his departure, including the book "The International Monetary System" and Critical Theory. He departure from the world in 2021, in Italy.