Richard Portes is Professor of Economics at London Business School (since 1995); President of the Centre for Economic Policy Research (which he founded in 1983); and Directeur d’Etudes at the Ecole des Hautes Etudes en Sciences Sociales in Paris (since 1978). He was a Rhodes Scholar and a Fellow of Balliol College, Oxford, and has also taught at Princeton, Harvard (as a Guggenheim Fellow), and Birkbeck College (University of London). In 1999-2000, he was the Distinguished Global Visiting Professor at the Haas Business School, University of California, Berkeley, and in 2003-04 he was Joel Stern Visiting Professor of International Finance at Columbia Business School. Professor Portes has been elected a Fellow of the Econometric Society, a Fellow of the British Academy, and a Fellow of the European Economic Association. He was Secretary-General of the Royal Economic Society, 1992-2008. He is Co-Chairman of the Board of Economic Policy. He is a member of the Group of Economic Policy Advisors for the President of the European Commission; of the Steering Committee of the Euro-50 Group; of the Bellagio Group on the International Economy; and Chair of the Collegio di Probiviri (Wise Men Committee) of MTS. He has written extensively on the international financial crisis, globalisation, sovereign debt, European monetary and financial issues, international capital flows, international currencies, centrally planned economies and transition, macroeconomic disequilibrium, and European integration. He recently co-edited the VoxEU.org ebook Macroeconomic Stability and Financial Regulation: Key Issues for the G20. Richard Portes was decorated Commander of the British Empire (CBE) in the Queen’s New Year Honours List 2003.