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Centre for Globalisation Research (CGR)


CGR leads research, dissemination and user engagement activities structured around three research programmes:

  • Macroeconomics, Monetary Economics and Finance
  • Labour, Development and Behavioural Economics
  • Institutions, Innovation and Networks

Since 2008, scholarly outputs, many underpinned by research grants, include 84 peer reviewed journal articles, four books, eight book chapters with 75 papers in CGR Working Paper Series and a CGR blog introduced in 2011.

The Centre for Globalisation Research is made up of academics based locally at Queen Mary and from a number of universities based in the UK and internationally. Along with visiting scholars, who make a significant contribution to the Centre’s academic life, we welcome applicants to the PhD programme with interest in our four research programmes.


The Centre for Globalisation Research is made up of academics based locally at Queen Mary and from a number of universities in the UK, continental Europe and North America.


Professor Brigitte Granville

Co-director of CGR (joint with Professor Pedro Martins) and Professor of International Economics and Economic Policy at the School of Business and Management, QMUL. Brigitte's research focuses on the study of international macro-monetary economics. She is part of the European Solidarity Manifesto and contributes occasional comment columns on international events which can be found at



Professor Pedro Martins

Co-director of CGR (joint with Brigitte Granville) and Professor in Applied Economics at the School of Business and Management, QMUL. Pedro's research focuses on the study of labour markets, multinational firms and international trade, using large data sets and different econometric techniques.


Dr Sanghamitra Bandyopadhyay

Deputy Director of CGR and Senior Lecturer in Economics at the School of Business and Management, QMUL. Sanghamitra’s research focuses on economic growth and development with reference to South Asia and Africa, and the measurement of inequality, poverty and mobility.


Dr Thomas Zhang

Dr Thomas Zhang is a Lecturer in Entrepreneurship at the School of Business and Management. He conducts research in markets with substantial business challenges, often in developing countries, as well as research on entrepreneurial ability and customer analytics. Prior to PhD studies at London Business School, he worked globally in finance and management consulting.



Dr Deven Bathia

Lecturer in Finance at the School of Business and Management, QMUL. Deven holds a PhD in Finance from the University College Dublin, Ireland. His principal research interests lie in the fields of behavioural finance, asset pricing, international finance and governance.

Professor Mark Casson

Visiting Professor at the School of Business and Management, QMUL. Mark is also Professor of Economics at the University of Reading and Director of the Centre for Institutions and Economic History.

Dr Lucia Corno

Lecturer in Economics at the School of Business and Management, QMUL, and executive director of the Laboratory for Anti-poverty Policies (LEAP). Lucia holds a PhD in Economics from Bocconi University. Her research is in development economic with a focus on the role played by the HIV/AIDS epidemic, social norms and ethnic diversity.

Dr Sabine D'Costa

Senior Lecturer in Economics at the Department for Economics and Quantitative Methods, University of Westminster. Sabine holds a PhD in economics from the University of Michigan. Her research interests are in economic geography, urban and regional economics. Her current research focuses on the estimation of the economic impacts of transportation improvements, on the effects of structural policies on subnational regions’ growth and on the urban wage premium.

Professor Janet Dine

Professor of International Economic Development Law at the Centre for Commercial Law Studies, and Director of the Centre. Janet specialises in the relationship between multinational companies and the international trading and financial legal systems.

Dr Caterina Gennaioli

Caterina holds a PhD in Economics from Bocconi University. Before joining Queen Mary, she worked for five years as a research officer at the London School of Economics (Grantham Research Institute). Caterina works on topics at the intersection between political economy, environment and development economics.

Dr Georg von Graevenitz

Senior Lecturer in Quantitative Methods at the School of Business and Management, QMUL. Georg’s research focuses on intellectual property rights, innovation and entrepreneurship. He has been involved in the development of empirical research involving trade mark data. He also provides analysis for national and international organizations. His publications include papers on licensing in the semiconductor industry, measurement of patent thickets and entrepreneurship education. His current research interests are on brand value, the interaction of R&D and marketing, the effects of intellectual property protection on competition, entrepreneurship education and business angels. Outside of QMUL, Georg is affiliated to the Centre for Competition Policy (CCP) at UEA, CREATe and the Oxford Intellectual Property Research Centre.

Dr Roxana Gutiérrez-Romero

Senior Lecturer in Policy and Quantitative Methods / Applied Economics at the School of Business and Management, QMUL. Roxana holds a PhD in Economics from King’s College, University of Cambridge, UK. Her research analyses how to overcome the most significant barriers to development.

Dr Georgios Kavetsos

Lecturer in Behavioural Science at the School of Business and Management, QMUL. The first theme to Georgios’ research seeks to understand how interventions shape individuals’ behaviour and preferences. The second studies the impact behaviours and interventions have on individuals’ well-being. Georgios holds a PhD in Economics from Imperial College Business School. Prior to joining Queen Mary, he held research positions at Cass Business School and the London School of Economics, where he is affiliated with the Centre for Economic Performance.

Dr Stella Ladi

Senior Lecturer in Public Management at the School of Business and Management, QMUL. Stella’s work examines the impact of Europeanization upon public policy and public administration reform as well as the prevalence of austerity politics in light of the Eurozone crisis.  She also works on the role of the EU as a global actor (e.g. in the ILO and the WTO). Finally, she is researching on transnational administration and global public policy.  The role of experts and think-tanks in policy processes is of particular interest to her.

Professor Teresa da Silva Lopes

Professor of International Business and Business History at the Management School, University of York, and Director of the Centre for the Evolution of Global Business and Institutions (CEGBI), and Head of the Marketing Group. She received her PhD from the University of Reading and was a Post Doctoral Fellow at the Said Business School, University of Oxford. She also has an MPhil, MBA and Licenciatura from Universidade Católica Portuguesa. In the past she has been a Thomas McCraw Fellow at Harvard Business School, and a visiting scholar at the University of California Berkeley, Columbia University, and École Polytechnique in Paris.  Professor da Silva Lopes taught previously at Queen Mary, University of London, Brasenose College, University of Oxford, and Universidade Católica Portuguesa. Her research interests focus on the evolution global business, and the impact global brands and trademarks on the development of business and industries.

Dr Giuliano Maielli

Senior Lecturer in Operations Management at the School of Business and Management, QMUL. Giuliano received his PhD in Economic History from the London School of Economics in 2003. His research interests revolve around the theoretical and empirical applications of path dependency and evolutionary theories of economic change to the analysis of technological and organisational developments in the car industry.

Professor Sushanta Mallick

Professor in International Finance, School of Business and Management, QMUL. Sushanta holds a PhD in economics from the University of Warwick, UK. His main research interests include issues in international macroeconomics and finance.

Jaume Martorell Cruz

Jaume is currently finishing his PhD at QMUL, scheduled to submit by 2016.  His research is focused on institutional diversity across the Euro-zone, and his wider interests lies at the intersection of institutional economics and comparative political economy. He holds an MSc in International Business from QMUL and a BSc on Political Science and Public Management from the Universitat Autònoma de Barcelona. He edits and manages the Centre for Globalisation Research blog.

Dr Pietro Panzarasa

Reader in Organisation Theory and Behaviour at the School of Business and Management, QMUL, and a Research Fellow at the School of Computer Science at the University of Southampton.
Pietro's interests lie at the intersection of organisation studies, social network analysis, cognitive science, and computer science.

Dr Ni Peng

Lecturer in Finance, School of Business and Management, QMUL. Ni's research is in the field of empirical corporate finance (with a particular focus on M&A, and other corporate restructurings), corporate social responsibility, and corporate governance. Her recent research works explore the motives for mergers and acquisitions, and the efficiency of antitrust intervention.

Dr Martha Prevezer

Senior Lecturer in Strategy and Innovation, School of Business and Management, QMUL. Martha's research specialises in corporate governance and institutional, technological and regional development. She has been at QMUL in the School of Business and Management since 2005. Prior to that she held positions at City University, South Bank University, London Business School, the Bank of England and the National Economic Development Office. She holds a PhD (1986) in Economic History from the University of London and the European University Institute in Florence, an MSc in Economics (1981) from Birkbeck College, University of London, a BA in History and Economics (1980) from Cambridge University and a BA in English Literature (1991) from Birkbeck College, University of London.

Professor Almudena Sevilla

Professor in Labour Economics, School of Business and Management, QMUL. Almudena's main interests are in the economics of the family, with special interest in the determinants of household time allocation and how it affects household decisions such as fertility, partnership formation, labour supply, and consumption and savings behaviour.

Latest in the CGR Working Paper Series:

Do wages increase when severance pay drops? Not in recessions by Professor Pedro Martins

According to theory, wage rigidity may increase the scope for employment protection legislation (EPL) to have negative effects on employment. In this paper, we study this issue by analysing the extent to which entry wages respond to EPL. We exploit a recent reform in Portugal, in the midst of a recession, that reduced severance pay for new hires alone. Our main analysis is based on a regression-discontinuity approach using long monthly data on entry wages. We find no evidence of wage adjustments following the change in EPL, even when considering many different specifications and samples. This result highlights the potential of greater flexibility in EPL over the business cycle to reduce employment fluctuations. Read more.

CGR Working Paper Series :


Remembering Inflation

Remembering Inflation, by Brigitte Granville (2013), Princeton University Press







The Processes and Practices of Fair Trade: Trust, Ethics and Governance by Brigitte Granville and Janet Dine (2013), Routledge Studies in the Modern World Economy







Trademarks, Brands, and Competitiveness, by Teresa da Silva Lopes and Paul Duguid (2010)







Global Brands: The Evolution of Multinationals in Alcoholic Beverages, by Teresa da Silva Lopes (2007), Cambridge Studies in the Emergence of Global Enterprise






Research Projects

ActiValuate: Counterfactual impact evaluation of a large activation programme (2014-2015)
Professor Pedro Martins
Funding agency: European Commission, DG Employment
Funding provided: €96,000

Gender pay gap (2014-2015)
Professor Pedro Martins
European Commission, DG Justice

Activating the Unemployed through Training (2013)
Professor Pedro Martins
School of Business and Management, QMUL
Funding provided: £2,500

The social and structural foundations of group creativity (2012-2014)
Dr Pietro Panzarasa
Engineering and Physical Sciences Research Council
Funding provided: £22,007

Communities of knowledge, collaboration networks, and the determinants of research performance (2012-2014)
Dr Pietro Panzarasa
Elsevier’s Bibliometric Research Program

Parental time investments in children across countries and over time: What are the implications for inequality? (2012-2013)
Professor Almudena Sevilla
Economic and Social Research Council (ESRC)
Funding provided: £81,237

Interaction, prejudice and performance. Evidence from randomly assigned peers in South Africa (2012 - ongoing)
J. Burns, E. La Ferrara, L. Corno
Fondazione Romeo and Enrica Invernizzi

The tangled market model: A complex network approach (2011-2012)
Dr Pietro Panzarasa
Daiwa Anglo-Japanese Foundation
Funding provided: £3,000

Evaluating the impact of short term financial incentives on HIV incidence among youth in Lesotho: a randomized trial (2010 - 2013)
M. Björkman Nyqvist, L. Corno, D. de Walque, J. Svensson
World Bank, Swedish Research Council and the Program for Development Research, SIDA

A Complex Network Study of Online Communication and Medical Training: Evidence from London Specialty Schools (2010-2012)
Dr Pietro Panzarasa
Barts and the London School of Medicine and Dentistry
Funding provided: £8,000

Homelessness and crime: do your friends matter?
Dr Lucia Corno
ERE (Empirical Research in Economics) and Fondazione Rodolfo de Benedetti


Latest blog post:

Predicting Sales with Google Trends

In 2009 the German government spent around 5 billion € to incentivize the replacement of older cars and to keep the car industry afloat after the financial crisis of 2008. VW, Opel (GM), Ford and Renault did very well out of the subsidy while BMW and Mercedes took a hit. This temporary shift in the demand for cars of specific manufacturers was preceded by a sudden and very strongly correlated increase in searches on Google for the names of the manufacturers and the name of the subsidy: “Abwrackpraemie”. The search intensity even reveals how interest initially diminished after the first 1.5 billion € was used up and then grew again once the government announced an increase in the total level of the available funds. By September the funds were used up and searches stopped.

Continue reading.


Visiting Fellows (CGR)

Vinod Aggarwal

Travers Family Senior Faculty Fellow and Professor in the Department of Political Science, Affiliated Professor of Business and Public Policy in the Haas School of Business, and Director of the Berkeley Asia Pacific Economic Cooperation Study Center (BASC) at the University of California at Berkeley. Prof. Aggarwal is the Editor-in-Chief of the journal Business and Politics, published by Cambridge University Press.  He has held fellowships from the Brookings Institution, Rockefeller Foundation, Council on Foreign Relations Fellow, the East-West Center, Woodrow Wilson International Center for Scholars, and an Abe Fellowship from the Japan Foundation. He consults regularly with multinational corporations on strategic planning and international negotiations.  Dr. Aggarwal has also been a consultant to the Mexican Government, the U.S. Department of Commerce, U.S. Defense Department, U.S. State Department, WTO, UNCTAD, OECD, the Group of Thirty, FAO, IFAD, ILO, ASEAN, and the World Bank. Aggarwal is the author or editor of 21 books and over 120 articles and book chapters. His current research examines global and regional trading arrangements with a focus on implications for the international system and multinational corporations. He received his B.A. from the University of Michigan and his M.A. and Ph.D. from Stanford University.


Philip Arestis

Professor Philip Arestis is University Director of Research, Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK; Professor of Economics, Department of Applied Economics V, Universidad del País Vasco, Spain; Distinguished Adjunct Professor of Economics, Department of Economics, University of Utah, US; Research Associate, Levy Economics Institute, New York, US; Visiting Professor, Leeds Business School, University of Leeds, UK; Professorial Research Associate, Department of Finance and Management Studies, School of Oriental and African Studies (SOAS), University of London, UK. He is the holder of the British Hispanic Foundation ‘Queen Victoria Eugenia’ British Hispanic Chair of Doctoral Studies (2009-2010); he was awarded the ‘homeage’ prize for his contribution to the spread of Keynesianism in Brazil by the Brazilian Keynesian Association (AKB) at the annual meetings of the AKB held at Vitoria, Brazil, 15 August 2013. Served (2009-2010) as economics consultant on the Central Asia Regional Economic Cooperation (CAREC) programme, under the auspices of the Asian Development Bank (ADB). He also served (2005-2013) as Chief Academic Adviser to the UK Government Economic Service (GES) on Professional Developments in Economics. He has published as sole author or editor, as well as co-author and co-editor, a number of books, contributed in the form of invited chapters to numerous books, produced research reports for research institutes, and has published widely in academic journals. He is, and has been, on the editorial board of a number of economics journals.


Alberto Bagnai

Alberto Bagnai is Associate Professor of Economic Policy at the Department of Economic Studies of the Gabriele d’Annunzio University in Pescara (Italy), and  research fellow at the CREAM (Centre de Recherche en Economie Appliquée à la Mondialisation) of the University of Rouen (France). He received his PhD at the University of Rome I. His research activity focuses on the sustainability of fiscal and external imbalances in emerging and developed countries, on the relations between trade and growth, and on the Eurozone crisis. The results of his research have been published by international journals (including Open Economies Review, Economic Modeling, China Economic Review, Applied Economics, Journal of Post Keynesian Economics) as well as in chapters of books (published by Palgrave McMillan and Routledge). He worked as a consultant for the Italian Ministry of Treasury and for the UN Economic Commission for Africa.


Peter Boone

Peter Boone has been a nonresident senior fellow at the Peterson Institute since 2011. He is a visiting senior fellow at the London School of Economics (LSE) and was principal at Salute Capital Management. He is also chairman and cofounder of Effective Intervention, a UK-based charity created in 2005 that designs programs to improve children's health, literacy, and numeracy with the critical distinction of including stringent measurement of outcomes of each program that meet evidentiary standards agreed by leading medical statisticians. He has written and published extensively on measures that can be taken to help those growing up in extremely poor regions better integrate with the increasingly wealthy world around them. Previously he was head of research and senior partner at Brunswick-UBS, an investment bank based in Moscow. From 1993 to 1997 he was a lecturer in economics and director of the emerging markets finance program at the Centre for Economic Performance at LSE. He has served as a resident macroeconomic adviser to the governments in Russia, Poland, Ukraine, and Mongolia. His current research interests include the causes of and solutions to recent and nascent financial crises. During 2009–10 he was a member of the LSE Future of Finance group, which brought together some of Britain's leading academics, policymakers, and financial-market participants for one year to discuss and recommend measures to prevent future financial crises. He is particularly interested in the systemic risks in Europe, Japan, and the United States posed by political systems that tend to create large implicit liabilities for the state, while promoting rather than restricting moral hazard in the financial and corporate world. He earned a PhD in economics from Harvard University in 1990.


Howard Cox

Professor Howard Cox holds a Chair in International Business History at the University of Worcester, UK. His writing and research interests span the areas of international business, industrial and corporate change, and the business history of various industries, including publishing, tobacco, alcoholic beverages, and food retailing.  Recent research and publications have featured papers on the development of Scottish and Newcastle brewers, the internationalisation of Diageo, a commissioned contribution to the History of Oxford University Press, and a co-authored monograph on the history of Britain’s magazine publishing industry entitled “Revolutions from Grub Street” and published by Oxford University Press in hardback in March 2014 and in paperback in September 2015.


Marina Della Giusta

Associate Professor in Economics, she graduated in Economics at the University of Venice and joined the University of Reading as a postgraduate student in 1996 and as a member of staff in 2000. She has also worked at the Autonomous Metropolitan University of Mexico and the University of Venice, and collaborated as consultant with the Inter-American Development Bank, and the United Nations Commission for Latin America and the Caribbean. Has advised both the EU, the Home Office and the South-East England Development Agency as well as the Reading Climate Change Partnership. Researches wellbeing and the role of social and gender norms in decision making across a range of domains from female labour participation to social exclusion, care provision and sustainable behaviour. Her main publications are in economics of trust, social capital and development, the economics of care and the economics of prostitution and she has had research grants from the ESRC, the British Academy, and internationally from the MIUR.


Huw Edwards

Lecturer in economics deputy director of the new Centre for Firms in the Global Economy (CFGE) at Loughborough University . His academic interests are as an applied trade theorist and general equilibrium modeller, with particular application to globalisation, European regional integration and the transition economies, international R&D collaboration and environmental agreements. Formerly a research fellow at the Centre for Study of Globalisation and Regionalisation, Warwick, where he retains associate status, Huw has participated in EU-funded research networks on CGE modelling, globalisation and inequality and European reintegration, and worked with a DFID-funded team on globalisation and inequality in South Asia. He has also provided advice to the European Commission on deeper integration agreements with Ukraine and Korea, in collaboration with the Centre for European Policy Studies. He has published in a number of academic journals, and previously held posts at the UK Department of Energy and DTI. Over the past 4 years, he has collaborated with Sushanta Mallick at QMUL in setting up the Global Political Economy Network (GPEN).


Luiz A. Esteves

Chief economist at Banco do Nordeste S/A, a Regional  Brazilian Development Bank. He is also Professor of Economics at the Federal University of Paraná (UFPR). He served as Deputy Chief Economist in the Economic Advisory Office of Brazilian Ministry of Planning, and as Chief economist at CADE, the Brazilian Competition Authority. He was Visiting Researcher at IPEA, Brazilian Economic Research Institute. He was also a Special Adviser to the Planning Department of the City of Curitiba, Brazil.
His research focuses on the study of labour markets, regional economics, urban economics, development economics, industrial organization and international trade, using large data sets and microeconometric methods.


Saul Estrin

Professor of Managerial Economics and Strategy and  former Head of the Department of Management, London School of Economics (since 2006). Previously Professor of Economics, London Business School where he also served as Adecco Professor of Business and Society, Director of the Centre for New and Emerging Markets and Deputy Dean (Faculty and Research). Publications include /Privatisation in Central and Eastern Europe; Foreign Direct Investment into Transition Economies; / /Investment Strategies in Emerging Markets, /and numerous papers in scholarly journals (including /Quarterly Journal of Economics, Journal of Development Economics, Journal of Public Economics/ and/ European Economic Review). /Main areas of research include labour and industrial economics, transition economics and economic development, entrepreneurship and foreign direct investment. He was visiting Professor at Stanford University, Michigan Business School, Cornell University, European University Institute, and is a Fellow of the Centre for Economic Policy Research (CEPR), Institute for the Study of Labor (IZA) and William Davidson Institute.


Niall Ferguson

Niall Ferguson is the Laurence A. Tisch Professor of History at Harvard University, a Senior Fellow at the Hoover Institution, Stanford University, and a Senior Research Fellow at Jesus College, Oxford. He has published fourteen books, including The Ascent of Money: A Financial History of the World, Civilization: The West and the Rest and, most recently, The Great Degeneration: How Institutions Decay and Economies Die. An accomplished broadcaster, in 2009 he won the International Emmy for Best Documentary. In 2010 he won the Benjamin Franklin Award for Public Service and in 2012 the Hayek Prize for Lifetime Achievement. He is the founder and chief executive of the advisory firm Greenmantle.


Walter Friedman

Walter A. Friedman is Director of the Business History Initiative. He also edits Business History Review and is a Research Fellow. He specializes in business, labor, and economic history. His book, Birth of a Salesman: The Transformation of Selling in America (Harvard, 2004), traced the history of selling from the days of peddlers and traveling drummers to the development of modern, professional sales forces. He is currently writing a history of economic forecasting agencies in the United States. He was formerly a Newcomen Post-Doctoral Fellow in Business History and a Trustee of the Business History Conference.


Oliver R. Goodenough

Oliver Goodenough is an authority on several emerging areas of law.  He has pioneered the application of technology to legal processes, particularly in the field of contracts and business organizations. His goal is to create “digital institutions” within which reliable economic life can take place.  Professor Goodenough has helped Vermont and Nevada shape digital business organization initiatives – a direct application of these principles to law reform in the U.S. In Vermont, he has been the co-author of legislation that give Blockchain technology legal recognition.  At the national level, he is collaborating with the Office of Financial Research at the Department of the Treasury to explore the possibility of automating financial instruments. Professor Goodenough’s other fields of research include economic theory and applications of neuroscience and behavioral biology to legal questions.  He is currently a Professor of Law and the Director of the Center for Legal Innovation at Vermont Law School, Affiliated Faculty at Stanford’s CodeX Center for Legal Informatics, a Research Fellow of the Gruter Institute for Law and Behavioral Research, a Lecturer at the University of Vermont’s School of Business Administration, and an Adjunct Professor at Dartmouth’s Thayer School of Engineering.


David Hancock

Professor of History at The University of Michigan in Ann Arbor, and Director of Michigan’s Atlantic Studies Initiative. He serves on the Board of Enterprise & Society. He teaches and researches in Business History, Atlantic History, and Imperial British History. A specialist on the long eighteenth century, he is the author of Citizens of the World: London Merchants and the Integration of the British Atlantic Community, 1735-1785 (Cambridge University Press, 1995), a study of how and why London entrepreneurs integrated the First British Empire, and more recently Oceans of Wine: Madeira and the Emergence of American Trade and Taste (Yale University Press, 2009), an analysis of the emergence and self-organization of the Atlantic economy between 1640 and 1815 as viewed through the lens of Madeira wine production, distribution and consumption. He is completing a biography of the 2nd Earl of Shelburne and is researching the “disappearance” of markets as well as the economics of salvage. Professor Hancock received his A.B. degree in History and Music from the College of William and Mary, an A.M. degree in Musicology from Yale University in 1983, and a Ph.D. degree in History from Harvard University in 1990. He has also taught history at Harvard University (1990-1997) and the École des Hautes Études en Sciences Sociales in Paris (2003). Most recently, he was the R. Stanton Avery Distinguished Fellow at The Huntington Library, in San Marino, California during 2012-2013, as well as the recipient of a John Simon Guggenheim Memorial Foundation Fellowship.


Gary Jenkins

Specialist in Development policy and management; climate change; international negotiations; governance, public ethics, and the private sector. Gary is a philosopher who worked until recently at the Department for International Development.  He has managed UK aid programmes from London (in Nigeria and the former Soviet Union) and in Africa where he was the DFID programme manager for Malawi, Mozambique and Zimbabwe, with special responsibility for “good governance” projects.  He has worked on climate change and the GEF, and was a special policy adviser to the UNFCCC Secretariat in Bonn in 2002.  He was the head of the CDC Unit in DFID during the negotiations of the public-private partnership for CDC in 2004, and most recently worked on financing for development, including G8 and EU international aid volume commitments to achieve the MDGs.  He is the author of “Common Hunger: Food and nutrition in developing countries” published by the Commonwealth Institute, and is now finishing another book “Truth and How to Find It” and pursuing a portfolio of workstreams in international development and applied philosophy.


Mariusz Jarmuzek

Economist at the International Monetary Fund in Washington DC, USA. His research interests cover development and transition economics, international finance, and political economy of transformation. He was a visiting scholar at the IMF and worked as a researcher at the University College London, and prior to that as an economist at the National Bank of Poland. Between 2000-2002, he worked as a member of the USAID advisory missions to the President of Georgia and to the Ukrainian Ministry of Economy. He was also involved under the auspices of CASE Foundation in consultancy projects to the Ministry of Finance, the Warsaw Stock Exchange, and the Polish Bank for Development. He began his career as an intern at the World Bank, the National Bank of Poland, and ING Barings.


Uma Kambhampati

Uma Kambhampati is Professor of Economics at the University of Reading where she is also Head of the School of Politics Economics and International Relations. She is an applied development economist who graduated from the University of Cambridge with a Ph.D. in 1992. In 1991-2, she was a Junior Research Officer in Cambridge and between 1992-1998, she worked at the University of East Anglia. Uma’s research over the years has encompassed a number of areas – women’s empowerment and gender related inequalities, child work and schooling and intra-household decision making; political economy of welfare provision and finally, industrial growth and productivity. She has published in a range of journals in economics, development studies and gender studies. She has authored two books (published by Oxford University Press and Polity Press) and has edited a third on Critical Perspectives to Globalisation. Uma is on the Editorial Board of the journal, Feminist Economics, and is a Co-Editor of the European Journal of Development Research.


Elias Karakitsos

Elias is Chairman of EN Aviation & Shipping Research, which provides economic and financial research on the economies and financial markets of the US, Europe (including the UK) and Japan to financial institutions and shipping companies; and an Associate Member of the Centre of Economic and Public Policy (CEPP), Department of Land Economy, University of Cambridge. Elias is a distinguished academic with nearly 25-years of service at Imperial College, University of London, where he held the chair in economics until 2001 and was subsequently a Visiting Professor until 2004. He was Head of Economics at Imperial College for ten years (1987-1997) and joined CEPP in 2004. He is the author of six books/monographs, more than100 papers in learned journals and more than 650 research reports on economies and financial markets for the benefit of the financial institutions and shipping companies that he is acting as an advisor. In his long career, he has had an impact as an economic advisor to governments and financial institutions and he has ten years-experience in asset management as a manager and strategist. He has acted as an economic advisor to the UK (1980-87) and the US (1987) governments on economic policy; as a consultant to DG II of the European Commission (1992-95) on monetary union, economic convergence and the issues of a multi-speed Europe; he gave Evidence to the House of Commons on Monetary Policy (1980) and on International Monetary Arrangements (1983). He has also acted as economic and investment advisor to many financial institutions, including Citigroup for fifteen years to 2001(initially Switzerland, then EMEA and finally New York – Headquarters); Oppenheimer – New York (1994-97); Allianz-Headquarters – Munich (1997-98); Credit Agricole  – Luxembourg (1994-2003); Standard Chartered – London (1998-2001) and Abbey National-Headquarters, London (1990-94). Public versions of the author’s CV can be found in ‘Who’s Who in the World’ and ‘Who’s Who in America’


Carol S. Leonard

Emeritus Fellow of St Antony's College, she is Chair of the Department of Regional Studies in the Faculty of Public Administration at the Higher School of Economics and Vice Rector of the Russian Presidential Academy of the National Economy and Public Administration.  Her research interests and publications lie in regional development, growth and governance, clustering and innovation, and property rights, with emphasis on Russia and other post-Communist economies. A former US Treasury economic advisor to Russia (1993-1995), she has also advised the governments of Kazakhstan and Ukraine  .


Davide S. Mare

Davide is Lecturer in Business Economics at the University of Edinburgh Business School. Davide has previously gained extensive professional experience in risk management practices through his work as a financial consultant for top European banks in Italy, Spain and UK. He is a Research Fellow of the I-Com Institute for Competitiveness and a member of the Financial Intermediation Network of European Studies (FINEST) and the Credit Research Centre. His research interests lie in the area of banking and finance with a specific emphasis on policy-relevant empirical work. Davide holds a PhD in Banking and Finance from the University of Rome Tor Vergata and an MSc in Finance and Economics from Universitat Pompeu Fabra.


John S.L. McCombie

John McCombie is Professor of Regional and Applied Economics and Director of the Cambridge Centre for Economic and Public Policy (CCEPP) in the Department of Land Economy, University of Cambridge and Fellow in Economics, Downing College, Cambridge. He is a Fellow of the Regional Studies Association and a Fellow of the Academy of Social Sciences. He has acted as a consultant to the World Bank and the Asian Development Bank. His research interests include theoretical and applied aspects of national and regional economic growth and he has recently been working on a critique of the aggregate production function. This has been published as the book The Aggregate Production Function and the Measurement of Technical Change:‘Not Even Wrong’ (with J. Felipe) (2013). He is also interested in cumulative causation models of economic growth and the role of the balance of payments in constraining economic growth. He has published, with A.P. Thirlwall, Economic Growth and the Balance of Payments Constraint (1994) and Essays on Balance of Payments Constrained Growth (2004) and continues to research in this area. His recent work also considers the methodological foundations of macroeconomics and the implications of the subprime crisis for these. Another research interest involves the implications of the degree of income inequality. He has written or edited twelve books and numerous articles. He has served as an editor of Regional Studies and of Spatial Economic Analysis.


Natalia Nollenberger

Postdoctoral Research Assistant at the School of Business and Management in the Queen Mary Univeristy of London. She has a PhD in Economics from the Universitat Autonòma de Barcelona. Her research interests spans in the fields of Labour Economics, Economic of Education, Policy Evaluation and Applied microeconometrics. She has also worked as economic advisor at the Ministry of Economics and Finance of Uruguay and collaborated as a consultant with the Inter-American Development Bank and the Migration Policy Institute.


Constantinos Repapis

Lecturer in Economics at St. Peter’s College, Oxford University. He took his Ph.D. in Economics from Cambridge University and in the past he has been a visiting lecturer in the University of Cyprus, a guest lecturer at Reading University, and has lectured and supervised students in Cambridge. He has recently been appointed the G.L.S. Shackle student at St. Edmunds College, Cambridge University for 2015. His research interests include: (1) History of economic thought with special emphasis in the 1930’s, (2) methodology in the different schools of economic thought, and (3) Intra-European migration and the age structure of migrants from an interdisciplinary perspective. Recent papers on these topics have been published in the Cambridge Journal of Economics and History of Political Economy.


Jacek Rostowski

Economist, conservative politician, academic and the former Minister of Finance and Deputy Prime Minister of the Republic of Poland. Former Head of the Economics Department and Professor of Economics at the Central European University, Budapest, an Adviser to the Board of Bank Pekao in Warsaw, a Member of the CASE Foundation Council, Warsaw. During 2001-4 he was Adviser to the Governor of the National Bank of Poland. In 1997-2001 he was Chairman of the Macroeconomic Policy Council at the Polish Ministry of Finance. In the early 1990s he worked as adviser on macro-economic issues to the governments of Poland and the Russian Federation. He has published around 40 academic papers on European enlargement, monetary policy, currency policy and the transformation of post communist economies. He is the author of academic books including, Macroeconomic Instability in Post-Communist Countries published by Oxford University Press


Steven Telford

Together, Brigitte Granville and Steven Telford comprised the economic contingent of a joint project that was being undertaken with the centre for commercial law studies (CCLS). His research was directed towards an economic analysis of the fair trade movement, the project reached completion in 2010/11. Since finishing his Ph.D. Steven spent a year working for an Australian University in Vietnam (RMIT), and presently works for a Dutch Business School in Kuwaiti (KMBS). Further research continues in the areas of development economics, welfare economics, institutional economics and behavioral economics, some of which is a direct spillover from the CCLS QM Fairtrade project.


Eshref Trushin

Eshref Trushin is a senior teaching fellow at the  Department of Economics and Finance, Durham University. His research focuses on the economic incentives that underpin innovations within the biotech and pharmaceuticals industry, including the sustainable financing for R&D that will benefit developing countries. His research interests also include neuroeconomics and economic development of Central Asia. He is co-investigator of the 2013-2014 ESRC grant (£170,000), “Evaluation of R&D, Firm Survival, Firm Growth and Employment: UK Evidence in the OECD Context” (with Professor M.Ugur from Greenwich University).


Lúcio Vinhas de Souza

Lúcio Vinhas de Souza is the Sovereign Chief Economist of Moody’s Investor Services since 2011. Before that position, he coordinated the analysis and forecasting for the HIC (High income Countries) and ECA  (Europe and Central Asia) regions at the World Bank’s “Development Prospects Group”, where he co-authored the “Global Economic Prospects” publication. Prior to the World Bank, Dr. Vinhas de Souza was the Head of the Russia and Belarus Desk at the Directorate General for Economic and Financial Affairs (DG ECFIN) within the European Commission in Belgium, and before that he was a Coordinator of Research Area at the Kiel Institute for World Economics in Germany. Going further back, his first work experience was as an international economist was at the United Nations’ Secretariat. Currently, Dr. Vinhas de Souza is also a member of the Advisory Board of the J.F. Welch College of Business at Sacred Heart University in the United States and of the Centre for Economic and Financial Research at the New Economic School in Moscow, Russia. He has also been a visiting researcher and visiting fellow at a number of institutions, including the Deutsche Bundesbank, the European Centre for Advanced Research in Economics and Statistics and the Central Bank of Estonia. He is widely published in noteworthy economic journals and has organized and participated in numerous international meetings, seminars and workshops. Dr. Vinhas de Souza holds a Ph.D. in Economics from the Erasmus University Rotterdam in the Netherlands, and a Master in Economics from the New University of Lisbon in Portugal. His personal website is


Yong Yang

Senior lecturer in strategy at the School of Business, Management and Economics, University of Sussex. He obtained his PhD in Business Management from Queen Mary University of London. He is particularly interested in the topic of location choice of foreign direct investment and firm competitiveness, by examining the importance of location and distance within the context of parent-affiliate linkages. He is also interested in investigating the role of learning by exporting on firm performance, and why and how exporting firms learn differently from overseas markets. He also has a research interest in the topic of knowledge flows within the firm, and the importance of knowledge transfer for enhancing firm competitiveness.


Ning Zeng

Dr Ning Zeng is an Associate Professor in Economics and Finance at Jinan University, China. Her research interest is in applied macroeconomics to employ various empirical models to investigate economic policies, financial markets and their links. She constantly receives grants for research on economics and finance. She is currently undertaking several projects focusing on the links between China's monetary policy, exchange rate policy, land use policy and economic growth as well as rebalance. Her research has also been involved in Investment Banking, Corporate Finance and Game Theories. In particular, she devotes herself to charity to promote the youth engaging in social activities. She began her career as a computer programmer, and then an economist at Industrial and Commercial Bank of China.


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