National School of Development (2018-current)
John F. Kennedy School of Government (1997-2013)
Lecturer and Adjunct Lecturer
International Economics and Macroeconomic Theory
Department of Economics (1995-96, 1992-93)
Instructor in Economics
Johns Hopkins University (2003)
School for Advanced International Studies
National School of Development
Macroeconomics and Global Financial Markets
John F. Kennedy School of Government
International Capital Markets
Macroeconomic Theory and Policy
Macroeconomic Theory for the Globalized Economy
International Trade and Development
Macroeconomics (HKS summer program)
John F. Kennedy School Executive Programs
International Conference on Bulgaria, Sofia
Macroeconomic Policy and Management, Cambridge, MA
Moscow University and Kommersant, Moscow
Sabanci University, Istanbul
Members of the Russian Parliament, Cambridge, MA
Irish Leadership Program, Cambridge, MA
Kokkalis Program for Southern Europe, Cambridge, MA
Department of Economics
Principals of Economics
Johns Hopkins University
School for Advanced International Studies Summer Program
International Monetary Fund
Senior Resident Representative for China (2013-current)
Division Chief—Asia and Pacific Department (2012-13)
Mission Chief for Vietnam and research coordinator for South-East Asia
Division Chief—Latin Caribbean Division (2011-12)
Mission chief for the Dominican Republic
Division Chief—Caribbean Division I (2009-2012)
Mission chief for the Eastern Caribbean Currency Union (ECCU),
St. Kitts and Nevis, and St. Lucia. Head of negotiating team for a High Access SBA with a debt restructuring and debt/land swap. Head of research on the Caribbean and regional surveillance for the ECCU
Regional Resident Representative for Central America (2006-2009) and Mission Chief for El Salvador
Leading research on Central America and on Economic Integration; head of negotiation mission for an U.S. $800 million Stand-by Arrangement
Senior Economist. Leading the work on Central America and team leader for Costa Rica (2004-06)
Economist, leading the IMF’s work on financial sector issues in the Baltic States; senior desk on Estonia and Belarus (2000-06)
Economist and senior desk on Jamaica and participation in missions to Pakistan and Croatia (1993-05; 1996-99; 2002-06)Kiel Institute of World Economics, Kiel, Germany (1988-89)
Research fellow. Analyzed the competitive position of the Brazilian electronics industry; mission to Brazil in cooperation with the German Chamber of Commerce
INCAE Business School, Nicaragua (Oct. 2007)
Central America Regional Economic Outlook
Rafael Landivar University, Guatemala (July 2007)
Economic Growth and Integration in Central America
Mercator School of Business Germany (Oct. 2005)
Inaugural Lecture: “Business Schools—Mehr als nur ein Etikettenwechsel“
Wuppertal University Germany (Nov. 2003)
Developments in Global Financial Markets
Duesseldorf University, Germany (Oct. 2000)
New International Financial Architecture
Nottingham University Business School China (2018-current)
Advisory Board Member
People’s Daily, International Study Center (2017-current)
Foreign Expert Committee Member
International Monetary Institute, Renmin University (2014-current)
Academic Committee Member
Awards and Scholarships
Yicai and J.P. Morgan Financial Book Award
Spanish Ministry of Foreign Affairs Scholar
China’s Bond Market: Characteristics, Prospects, and Reforms, Co-Editor, Washington, D.C. forthcoming.
Modernizing China: Investing in Soft Infrastructure, Co-Editor, Washington, D.C. (IMF) 2017.
Frontier and Developing Asia: The Next Generation of Emerging Markets, Editor, Washington, D.C. (IMF), 2015
The Eastern Caribbean Economic and Currency Union—Macroeconomics and Financial Systems, Co-Editor, Washington, D.C. (IMF) 2013.
Why Do Governments Divest? The Macroeconomics of Privatization. New York (Springer) 2001.
The Economics of Transformation, Co-Editor, Berlin (Springer). 1993.
China-Related Working Papers
China’s Monetary Policy Communication: Impact, Frameworks, and Recommendations, IMF Working Paper, Co-author, Forthcoming.
Resolving China’s Zombies: Tackling Debt and Raising Productivity. IMF Working Paper WP/17/266, Co-author, December 2018.
China’s Labor Market in the New Normal. IMF Working Paper WP/15/151, Co-author, July 2015
Understanding China’s Residential Real Estate Market, Co-author. IMF Working Paper WP/15/84, April 2015.
Articles, Occasional Papers, and Case Studies
Snapshot of Another Monetary Union. Finance and Development, March 2012.
Bankers on the Beach. Finance and Development, June 2011, co-author.
Economic Progress and Reforms in Central America. IMF Departmental Paper. Co-editor, Washington, D.C. (IMF) 2008.
Central America: Economic Growth and Regional Integration. IMF Occasional Paper. Co-editor, D.C. (IMF) 2007.
Building on CAFTA. Finance and Development. 2005
Central America: Global Integration and Regional Cooperation. IMF Occasional Paper 243. Co-editor. Washington, D.C. (IMF) 2005.
Capital Markets and Financial Intermediation in the Baltics. IMF Occasional Paper. 228. Washington, D.C. (IMF). 2004. .
Which Way to Go? Jamaica’s Economic Stabilization Policy. With Audrey Watson. Harvard University KSG Case CR14-00-1602.0. 2000.
Duisburg-Essen University, Germany
Dr. rer oec. (2000)
Dipl. oec. (1989)
Harvard University, Cambridge, MA
Granada University, Granada, Spain
Indiana University of Pennsylvania, Indiana, PA
The World Bank, Washington, D.C. (June/July 1990)
Summer intern. Participated in a mission to Argentina to prepare the privatization of state-owned enterprises
Deutsche Bank, Buenos Aires, Argentina (May/Jun. 1991)
Trainee in investment banking working on issues of privatization, M&A, project financing, and the securities market
Banco de Bilbao, Spain (Aug./Sep. 1985)
Trainee in the loan and credit department, at the Madrid Stock Exchange, and in the foreign trade department
Adam Opel AG, Luenen, Germany (1975-1977)
Vocational training in sales management