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Farid Novin

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Farid Novin (born May 1, 1947) is a Canadian economist.[1] He served as Senior Representative of Bank of Canada in British Columbia and Yukon, from 1992 to 2014.[2][3]

Farid Novin
Senior Representative of Bank of Canada in British Columbia and Yukon, and Adjunct Professor of Finance at Sauder Schooll of Busince, University of British Columbia
In office
February 1, 1992 – June 29, 2014
Personal details
Born (1947-05-01) May 1, 1947 (age 77)
Isfahan, Iran
NationalityCanadian
SpouseGuity Novin
ChildrenSal Novin, Alamir Novin, Alishah Novin
Alma mater

Early life

Novin was born in 1947 in Isfahan, Iran. His father, Mohammad Hassan Novin, worked as a parliamentary adviser to several prime ministers, including Hoveyda, Amoozgar, Gen. Azhari, Sharif Emami, and Bakhtiar. His mother Soroor Panahandeh was an official in the Ministry of Health in Iran.

Early Education in Iran

Due to his father's various postings, Novin's education took place in multiple cities:

  • Primary education: Semnan (Mhran Primary School) and Rasht (Farabi Primary School)
  • Secondary education: Mashhad (Nader High School) and Tehran (Adib High School)
  • Bachelor's degree: Economics, National University of Iran

Professional Career in Iran

After completing his bachelor's degree (1967), Novin served two years in the military as a second lieutenant in Iran's Military Industries Organization.

Following his military service, Novin joined the Plan and Budget Organization of Iran as a budget analyst for higher education (1969). His responsibilities included:

  • Negotiating and determining budgets for the Ministry of Higher Education
  • Overseeing budgets for various universities and research institutions, including:
  • Ariyamehr University of Technology and its affiliated research entities
  • Pahlavi University of Shiraz
  • Universities of Mashhad, Tabriz, Isfahan, and Rezaieh (Urmia)
  • Newly established universities of BuAli Sina of Hamedan and Azad University

During this time, Novin also contributed articles to several periodicals, including Nagin, Khoosheh, and Zaman magazines. His writings covered topics in research, literature, and cultural criticism.[4][5]

Novin's Further Studies in Europe and Canada

  1. Postgraduate Diploma in Socio-economic Planning, International Institute of Social Studies, The Hague,Netherlands (1976)
  2. Advanced Diploma in Development Economics, Manchester University, England (1978)
  3. Master's degree in Economics, Manchester University(1979), specializing in Monetary Economics and Development Economics
  4. Ph.D. in Economics, Queen's University in Kingston, Ontario, Canada (1983), specializing in Econometric and Monetary Policy[6]

His Ph.D. thesis, titled 'A Bayesian Choice Theoretic Approach to the Dynamic Adjustment of Prices: A Study of Price Behavior in Canadian Manufacturing Industries,' was accepted by Queen's University, leading to the awarding of his Ph.D. in 1983. [7]

Career in Canada

File:Nobel laureate economist Milton Friedman convened in Vancouver with Farid Novin, the Senior Representative of the Bank of Canada for British Columbia and the Yukon, during the Bank of Canada's conference, where Friedman de.jpg
On November 8, 2001, Nobel laureate economist Milton Friedman convened in Vancouver with Farid Novin, the Senior Representative of the Bank of Canada for British Columbia and the Yukon, during the Bank of Canada's conference, where Friedman delivered the keynote address.

He was Assistant Professor of Economics at Concordia University Montreal, and adjunct professor of finance at the Sauder School of Business at University of British Columbia. He has served in various departments of Bank of Canada as Energy specialist, Economic Projection, and Credit Analyst before taking a leading role in the Regional Office of Bank of Canada in BC and Yukon.[8] [9][10] [11] [12]

In this capacity, he directed research and analysis on economic and financial developments in the region. He also played a major role in communicating the Bank’s messages to a variety of audiences and promoted an exchange of views on the economy and monetary policy. [13][14][15]

Apart from his academic papers,[16] he is the author of a number of research articles published in the Bank of Canada Review. [17]

Dave Formosa, President of the Chamber of Commerce, recounted that he had invited Novin to Powell River following a meeting a year prior. At that earlier occasion, Novin had forecasted that Canada was at the forefront of recovering from the economic downturn—a prediction that, as Formosa noted, had indeed proven accurate. — Laura Waltz, Powell River Peak, November 25, 2009]]

Personal life

Novin married Guity Novin, a painter and graphic designer. They have three sons Sal Novin, a US Health IT executive who died at 45, battling brain cancer [18]2019 NTC Hall of Fame - Sal Novin, Alamir Novin Ph. D. Assistant Professor ; School of Information Science College of Information and Communications University of South Carolina [19], and Alishah Novin, a product manager at Microsoft, Community Leader of the Year - 12th Annual NTC Awards - NTC[20]

References

  1. ^ "Renowned Bank of Canada Economist Discusses Outlook at Okanagan College". kelownanow. 2013-11-12.
  2. ^ "European meltdown would hurt Central Interior, economist says". www.bankofcanada.ca. 9 December 2011.
  3. ^ "The real economic challenge". The Daily Courier, Steve MacNaull. 2013-11-16.
  4. ^ "پرتال جامع علوم انسانی، فرید نوین".
  5. ^ "Noor Mags، نوین فرید ۷ مقاله".
  6. ^ "Farid Novin | UBC Sauder School of Business".
  7. ^ "Library and Archives Canada, Item – Theses Canada". September 2022.
  8. ^ "BANK OF CANADA REGIONAL OFFICES" (PDF).
  9. ^ "Central banker warns of labour shortages in B.C." 27 November 2012.
  10. ^ "Recession prompted 'sustainable' growth: economist, Yukon News". 11 September 2009.
  11. ^ "European meltdown would hurt Central Interior, economist says, Prince George Citizen". 9 December 2011.
  12. ^ "Business owners hear positive economic forecast, Whitehorse Daily Star". 2 September 2009.
  13. ^ "The Williams Lake Tribune,The Williams Lake & District Chamber of Commerce". 21 February 2012.
  14. ^ "Central banker warns of labour shortages in B.C., Campbell River Mirror, Brian Kieran". 27 November 2012.
  15. ^ "Dr. Novin on small business, economy Dean Unger". 8 June 2008.
  16. ^ "ResearchGate, Farid Novin".
  17. ^ "Bank publications, Farid Novin, Author".
  18. ^ "Health IT exec Novin dies at 45 Entrepreneur had been battling brain cancer, Nashville Post, November 28, 2018".
  19. ^ "University of South Carolina, College of Information and Communications".
  20. ^ "Alishah Novin - Community Leader of the Year - 12th Annual NTC Awards - NTC".
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