SALAH EL SERAFY

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  • "In loving memory of dearest Salah, with love from Jane xxxx"
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EL SERAFY Salah El Serafy 1927- 2016 Husband to Susan, father to Joe and Sam and brother to Gamal, Samir, Adel and Sawsan, died on June 24, 2016 in Arlington, Virginia, in the company of his sons. Born in Damietta, Egypt, Salah held first degrees in business (Alexandria Univ.) and economics (Univ. of London). He earned his doctorate in economics from the Univ. of Oxford in 1957, supervised by Nobel Laureate Professor Sir John Hicks. In 1957, he married Susan Mary Hubert (1933 - 2008) who studied social anthropology at the London School of Economics. Salah served as a professor of economics at Alexandria University, taking up a Fulbright Research Fellowship in economics at Harvard University in 1962. Next, he joined the Economist Intelligence Unit (London), conducting economic field studies in developed and developing countries in Europe, Asia and Africa. In 1972, he joined the World Bank where he helped develop methods for cost-benefit analysis; the design and implementation of structural adjustment operations in cooperation with the IMF; and initiated the drive to cover environmental concerns in World Bank country assistance strategies. In 1981, he devised an instrument (the El Serafy Method) for reckoning sustainable income to provide an accurate calculation of income from depletable natural resources. The method was included in "Environmental Accounting for Sustainable Development," a joint 1989 publication by World Bank and the United Nations Environment Programme (UNEP). Salah chaired two World Bank/UNEP international workshops in the 1980s for "greening'' the United Nations System of National accounts (SNA), and participated in the conferences that led to the publication of the 1993 SNA. Upon retiring in 1992, he was a consultant to several national and international bodies on environmental economic matters. Working intermittently as a special consultant to UNEP, he took part in reviewing draft revisions of the United Nations Statistical Department''s guidelines for Satellite Accounts with the view of integrating the economic and environmental accounts. He also served on the editorial boards of the journals "Ecological Economics" and "Environmental Taxation and Accounting." In 2013, he completed his book "Macroeconomics and the Environment: Essays on Green Accounting" (Edward Elgar Publishing), which calls for a fundamental shift in how economists measure and discuss national income. Salah is survived by his two sons, Joseph and Sam. A memorial service is being planned.Salah is survived by his two sons, Joseph and Sam. A memorial service is being planned.

Published in The Washington Post from July 2 to July 4, 2016
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