Rachel Ziemba is a geo-economic and country risk expert. She runs Ziemba Insights, an advisory firm that engages in macroeconomic scenario analysis and policy due diligence for public and private sector clients. She is particularly focused on the role of coercive economic policies such as sanctions, the energy transition and the role of state-owned investors including sovereign wealth funds, but also tracks a wide range of global macroeconomic and commodity issues including trade, global imbalances and sovereign debt.
She is also Adjunct Senior Fellow at the Center for a New American Security (CNAS). She is also on the advisory board of Enquire.ai, the Harriman Foreign Service Fellows and the Middle East Energy and Growth program at the Middle East Institute. She is contributor to EM Views and a non-resident fellow at the Gulf International Forum. She previously was an Adjunct Lecturer at New York University’s Center for Global Affairs, teaching international political economy.
Before founding Ziemba Insights, Rachel served as the head of emerging markets research at Roubini Global Economics, a global macro strategy and country risk firm. In that capacity she co-led the research team, overseeing the firm’s quarterly global economic outlook and scenario production and implementing many of its customized research projects and due diligence exercises for private equity firms. The work leveraged the firm’s systematic country risk model, global economic forecasting model and a variety of financial tools to generate actionable ideas.
Rachel regularly serves as an expert commentator in key media outlets including CNBC, Bloomberg, New York Times, Financial Times, and her research has been cited by a range of international institutions including the International Monetary Fund, World Bank and European Central Bank as well as many academic Institutions. She has served on a range of taskforces aimed to generate policy ideas on Egypt, Middle East policy and economic sanctions. She is the co-author of “Scenarios for Risk Management and Global Investment Strategies” and “Investing in the Modern Age” both with William Ziemba.
Rachel started her career in international development, working for the Canadian International Development Agency in Egypt, and the International Development Research Centre (Canada) on development economic issues. She also spent time as a US State Department intern at the Embassy in Paris (where she was an inaugural recipient of the Pamela Harriman Foreign Service Fellowship) and the Consulate in Toronto.
She holds a bachelor’s degree from the University of Chicago with honors, and a Master of Philosophy degree in international relations with a specialization in international political economy from St. Antony’s College, Oxford University (with distinction).
She also serves on the Board of the Heart and Soul Charitable Fund, a charity that supports NYC community programs.