Reporter Volume 25, No.19 March 3, 1994

By  ARTHUR PAGE
News Bureau Staff
Richard D. Erb, deputy managing director of the International Monetary
Fund and a graduate of UB, will return to campus on Friday, March 4,
as a UB Distinguished Alumni Visitor.
	Erb, who served in the White House from 1972-74 as a staff
assistant to the President and assistant director of the Council on
International Economic Policy, will be honored at a public breakfast
at 7:30 a.m. in the Hyatt Regency Buffalo.
	At the breakfast, co-sponsored by the UB Alumni Association
and Rep. John J. LaFalce, he will present a talk on "The Good Old
Future: Evolving Trends Toward Global Growth and Prosperity."
	At 11 a.m., in a presentation for UB faculty, students and
staff, Erb will discuss the global challenges of economics and
management. His talk will take place in the theater on the second
floor of the Student Union on the North Campus.
	Erb, who graduated from UB in 1963, has been on the staff of
the International Monetary Fund since 1981. He joined the organization
as executive director for the United States, and in 1984 was named
deputy managing director.
	The International Monetary Fund supervises the international
monetary system and provides financial support to its 178 member
countries. In addition to serving as a forum for member countries to
discuss important financial and monetary issues, it seeks the balanced
growth of international trade. It also supports long-term efforts at
economic reform and transformation in member countries, such as the
re-establishment of market economies in the countries of Eastern
Europe and the former Soviet Union.
	From 1977-81, Erb was a resident fellow with the American
Enterprise Institute and a consultant to the comptroller of the
currency in the U.S. Treasury Department. He was the department's
deputy assistant secretary for developing nations finance from
1976-77.
	Erb, who has a doctorate in economics from Stanford
University, has held fellowships from Stanford, the Woodrow Wilson
Foundation, Resources for the Future and the Council on Foreign
Relations.