Edward DeSeve gives this lecture entitled 'Economic leadership in times of crisis: Implementing the US stimulus program' at The Australian National University on 2 March 2011.Presented by the HC Coombs Policy Forum, ANU and Carnegie Mellon University.As Senior Advisor to President Barack Obama, Mr DeSeve oversaw the successful implementation of the $787 Billion American Recovery and Reinvestment Act, to drive the US economy out of the Global Financial Crisis. His career has included work in finance, academia and government. Mr DeSeve was the founder and president of Public Financial Management - the nation's largest independent financial advisor to governments. He served as a tenured professor of public management and finance at the University of Maryland where he is currently a professor emeritus. His other government service at the federal level included being Controller and Deputy Director of the Office of Management and Budget (OMB) as well as the Chief Financial Officer of the Department of Housing and Urban Development (HUD). He was the Director of Finance for the City of Philadelphia and served as a Special Assistant to the Governor at the Commonwealth of Pennsylvania.At each level of government, Mr DeSeve oversaw complex fiscal affairs. He was instrumental in balancing Philadelphia's budget during two fiscal crises. At OMB, he helped balance the federal budget for the first time in more than a generation. Mr DeSeve also oversaw the fiscal reforms of the District of Columbia that led to its return to investment grade ratings with strong budget and cash surpluses.He is the author of numerous publications including The Presidential Appointees' Handbook(Brookings 2009). At the National Academy of Public Administration he served as Vice Chair and co-authored its first Fiscal Future Report, warning of the coming federal deficits. He was awarded the Kenneth Howard award for career public service in financial management by the American Society of Public Administration. He is a graduate of Cornell University's School of Labor Relations and has a Master's in Public Finance from the Wharton School of the University of Pennsylvania.