Dominick Salvatore

May 23, 1940 - January 28, 2026May 23, 1940 - Jan 28, 2026

New York City, New York, USANY City, New York

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American Economist

Dr. Dominick Salvatore, a towering figure in the field of international economics, passed away on January 28, 2026, at the age of 85. His distinguished career spanned decades, marked by profound contributions to economic theory and policy, and a deep commitment to education. He was widely recognized for his prolific writing, insightful analysis, and dedication to fostering economic understanding globally.

Born on May 23, 1940, Dr. Salvatore's academic journey began at the City College of New York, where he earned his BA, followed by an MA and PhD from the City University of New York. This foundational education set the stage for a remarkable career that would see him become a Distinguished Professor of Economics at Fordham University, and an Honorary Professor at several prestigious institutions worldwide, including Shanghai Finance University, Hunan University, and the University of Pretoria.

Dr. Salvatore's influence extended far beyond the classroom. He served as Director of the Global Economic Policy Center and was a fellow of esteemed organizations such as the American Association for the Advancement of Science and the New York Academy of Sciences. His expertise was sought by international bodies, including the United Nations, the World Bank, and the International Monetary Fund, for whom he served as a consultant. His work on international trade, microeconomics, and managerial economics shaped the thinking of countless students and professionals.

Throughout his career, Dr. Salvatore authored and edited numerous influential books and articles, including the widely adopted textbook "International Economics." He was a recipient of the Achievement Award by the City University of New York and was nominated for the 2010 National Medal of Science. His dedication to the advancement of economic thought and his passion for teaching left an indelible mark on the global academic community. He will be remembered for his sharp intellect, his generous spirit, and his enduring legacy in the world of economics.

Memorial created on January 28, 2026. Last updated on February 15, 2026.

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A. Talha YaltaFeb 7

Yasemin Yalta and I had the privilege of being students of Professor Dominick Salvatore during our PhD years at Fordham University between 2001 and 2007. We took both Microeconomics and International Economics with him, and he later served on each of our dissertation committees. His contributions to our theses, our education, and our academic lives were profound and lasting. If teaching is an art, and we believe it is, Professor Salvatore was a master. Each of his lectures felt like a carefully staged performance in which every element, including timing, structure, and even humor, was thoughtfully prepared and executed. It was impossible to be disengaged in his classroom. He set a standard for clarity, discipline, and intellectual seriousness that stayed with us long after we left Fordham. What impressed us just as much was his professionalism and dedication. At a time when he was traveling internationally, even flying weekly to Shanghai, he never missed a class. We do not recall him ever arriving late. He was always courteous, approachable, and generous with his time and guidance. He became a role model for us in how to teach, how to mentor, and how to carry oneself as an academic. We consider ourselves deeply fortunate to have been his students. While new generations will not experience his classroom presence directly, they will continue to learn from his enduring legacy through the textbooks he authored, which remain among the works we recommend to our own students today. We are grateful for his life, his mentorship, and the example he set for all of us who chose this profession. A. Talha Yalta and A. Yasemin Yalta, former students of Professor Dominick Salvatore, Fordham University; Professors of Economics at TOBB ETÜ and Hacettepe University

Judy MillsFeb 3

Rest in Peace — treasured colleague, good friend, infinite source of positive energy. We are all more, individuals and universities, for having been enriched by his brilliant mind and indomitable soul. Judy Mills

Michael MebaneFeb 3

Thank you Dr. Salvatore for your guidance, mentorship, and teaching. You made my experience at Fordham the most enjoyable and fruitful academic experience I have had. I will always be in debt to your generosity and spirit. I always thought you would live forever, but you lived well and with intention and love, which is even more important. - Michael, 2012

Edmund PhelpsFeb 3

Our sincere condolences to Lucia and family. Viviana Phelps and Edmund Phelps

John Zhuang Yang Feb 3

I am deeply saddened to hear of Professor Salvatore's passing. He is a huge person in my heart, knowledgeable, global-minded, humanistic, full of wisdom, energy and humor. Dominic will always be remembered in my heart. May your soul rest in peace. John Yang and Hong Liu

Fernando & Karen MarchitelliFeb 2

Fernando & Karen Marchitelli It is with great sadness that I learnt of Dominic's passing. Such a very dear life long friend. I 'am so grateful for all those early years of shared memories in Villa. Little did I know when you went to the USA. I too would follow several years later. I'm forever grateful you introduced me to City College New York. Over the years our paths occasionally crossed in New York, Asia, and Italy. You will be sadly missed. Praying for the comfort and compassion of the Lord for Lucia, Madeleine, and family at this time of profound loss.

Gus IurilloJan 29

Dominick and his wife, Lucia, are like family to my family and he was one of my Dad’s best friends. He will be missed and our hearts go out to Lucia and Madeline.

Kevin Munnelly Jan 29

Dominick is a Fordham LEGEND!!! We will be less with his absence. Kevin Munnelly FC’83 GSAS’85 Parent and a 22 year old employee!!! Also an Irishman ( which he appreciated)

Pontsho Mathebula-Clance Jan 29

I met him in 2010, 1st time in the USA, visiting for the emerging market summer course. He was humble, down to earth and yet funny and smart Professor! Grateful for his humanity and playing a role in my academic life! May his soul RIP! Pontsho, South Africa (University of Pretoria)

Phanuel SibasaJan 29

May your soul rest in peace Prof. We are lucky to have been taught by you.

Johannah MelatoJan 29

May your soul rest in peace Prof.We will miss all your teachings.Thank you for the academic legacy you leave behind.

Dominick Salvatore

American Economist

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