Charles W. Calomiris is a visiting scholar at AEI and the Paul M. Montrone Professor of Finance and Economics at the Columbia University Graduate School of Business. He has served on the International Financial Institution Advisory Commission, a congressional commission created to advise the U.S. government on the reform of the International Monetary Fund, World Bank, regional development banks, and World Trade Organization. Mr. Calomiris’s research spans several areas, including banking, corporate finance, financial history, and monetary economics. His recent publications include U.S. Bank Deregulation in Historical Perspective (Cambridge University Press, 2000), Emerging Financial Markets (with David Beim, Irwin-McGraw Hill, 2000), and "Blueprints for a New Global Financial Architecture" in International Financial Markets: The Challenge of Globalization (Leonardo Auernheimer, ed., University of Chicago Press, 2000). Mr. Calomiris also teaches a course for senior World Bank managers on bank regulation and exchange rate policy in developing economies and teaches a course on the same topic in the executive education program at the IMF.

Adam Lerrick was the head of product development at Credit Suisse First Boston. He found solutions to the large-scale financing needs of major governments and multilateral borrowers. He was awarded a Ph.D in economics from the Massachusetts Institute of Technology, where he was named to an Institute Scholarship with a concentration in international and monetary economics. His present advisory and investment firm focuses on funding strategies and structured finance. Mr. Lerrick served as senior advisor to the chairman of the International Financial Institution Advisory ("Meltzer") Commission of the U.S. government. His testimony before the U.S. Congress and his writings have centered on reform of the Bretton Woods institutions.

Walter T. Molano is a partner and the head of economic and financial research at BCP Securities. He is responsible for all macroeconomic, financial, and corporate research, in which his main emphasis is Latin America. Before joining BCP Securities, LLC, he was the executive director of economic and financial research at Warburg Dillon Read. Between 1995 and 1996, he was a senior economist and vice president for Latin America at CS First Boston. In June 2000, Mr. Molano was called to testify before the House Banking Committee on the implementation of dollarization policies in Latin America. He was ranked in the Gold Medal category during the 1998 Latin Finance Research Olympics and as a top economist for Venezuela in 1997. He won seven medals in the 2000 Latin Finance Research Olympics, including Argentina (gold), Colombia (gold), and Overall Economics (silver). In July 2000, he was also appointed to the advisory board for the Brookings Institution’s financial markets and development annual conference.

Nouriel Roubini is an associate professor at New York University’s Stern School of Business. His primary fields of research are international macroeconomics and finance, macroeconomic and fiscal policy, political economy, and growth theory, as well as European monetary issues. He is also a research associate for National Bureau of Economic Research and a research fellow with Center for Economic Policy Research. Mr. Roubini served as a senior adviser to the under secretary for international affairs and director of the Office of Policy Development and Review (U.S. Treasury) from 1999 to 2000. In addition, he was a senior economist for international affairs to the White House Council of Economic Advisers from 1998 to 1999. Mr. Roubini’s most recent working paper is "Overshooting of Exchange Rates in Currency Crises" (January 2001). He also has a paper called "Fundamental Determinants of the Asian Crisis; The Role of Financial Fragility and External Imbalances" (with G. Corsetti and P. Pesenti) in Regional and Global Capital Flows: Macroeconomic Causes and Consequences, T. Ito and A. Krueger eds. (Chicago Press, forthcoming).