Dr. Coats has over 26 years of experience in monetary policy and central banking in developing and transition economies. When he retired from the IMF May 2003 he was Assistant Director of the Monetary and Financial Systems Department (MFD). Prior to that he was a visiting economist at the Board of Governors of the Federal Reserve System and at the World Bank and an assistant professor of economics at UVA. <br /> <br /> While at the IMF Dr. Coats led technical assistance teams advising on and assisting with the development of a number of monetary authorities—including the introduction of new currencies (Bosnia and Herzegovina, Croatia, Kazakhstan, Kyrgyzstan, Moldova, West Bank and Gaza Strip) and advising on emergency measures and the longer run rebuilding of money and banking systems in post crisis countries (Afghanistan, Bosnia, Iraq, Kosovo, Yugoslavia). Dr. Coats also assisted the governments of Bulgaria, Croatia, Moldova, Serbia and Turkey in recent banking crises, provided assistance in developing inflation targeting monetary policy frameworks in the Czech Republic, Kazakhstan, Slovak Republic, and Turkey, and lead Financial Sector Assessment Program (FSAP) assessments of Bangladesh, Egypt, Israel, and the Slovak Republic. Since retirement, Dr. Coats has advised the central banks of Afghanistan, Iraq, Kenya, Southern Sudan, and Zimbabwe and is currently a Director of the Cayman Islands Monetary Authority.