DAVIES, Glyn(dwr) 1919-2003

OBITUARY NOTICE—See index for CA sketch: Born May 22, 1919, in Abertillery (some sources cite Aberbeeg), Monmouthshire (now Gwent), Wales; died January 6, 2003. Economist, educator, and author. Davies, the son of an impoverished Welsh coal miner, devoted his life to the study of money and economics. After modest beginnings as a schoolteacher in Birmingham, England, and a secondary schoolteacher in Cardiff, Wales, in 1959 Davies joined the faculty at what is now the University of Strathclyde in Scotland. There he concentrated on regional economics, particularly the issue of unemployment. After a brief period as senior economic advisor to the secretary of state for Wales, in 1970 Davies moved to the University of Wales Institute of Science and Technology where he taught economics as Sir Julian Hodge Chair of Banking and Finance until 1985. During this time he also produced the book National Giro: Modern Money Transfer, in which he followed the history of money transfer backward as far as the ancient Egypt of the Ptolemaic dynasty. Concurrently with teaching, Davies served as director of the Commercial Bank of Wales in Cardiff; after retirement from that position in 1990 he joined the Julian Hodge Bank as an economic advisor. His other activities included chairing the Strathclyde Regional Studies Group in the 1960s and serving in the Wales Career Advancement Service in the 1970s. In his later years Davies devoted much of his energy to the definitive book A History of Money from Ancient Times to the Present Day, which he updated for publication in 2002. Other books include The Rise and Fall of the Coinage Empire.

OBITUARIES AND OTHER SOURCES:

periodicals

Daily Telegraph (London, England), January 24, 2003, p. 29.

Times (London, England), January 30, 2003, p. 37.