Paul De Grauwe is professor of
international economics at the
University of Leuven, Belgium. He is
doctor honoris causa of the University
of Sankt Gallen (Switzerland) and of
the University of Turku (Finland). He
obtained his PhD from the Johns
Hopkins University in 1974. His
research interests are international
monetary relations, monetary
integration, theory and empirical
analysis of the foreign-exchange
markets, and open-economy
macroeconomics.