Graciela L. Kaminsky is currently a professor of Economics and International Affairs at George Washington University. She received her Ph.D. from MIT and was assistant professor of economics at the University of California, San Diego and a staff economist at the Board of Governors of the Federal Reserve System before joining George Washington University. She has been a consultant and Visiting Scholar at the IMF, the World Bank, and the Inter-American Development Bank. She has also been a consultant to the Banco de Espana and the Korean Center for International Finance and visiting scholar to the Banco de Mexico and the Institute of International Economics, University of Stockholm. She was a visiting professor at the Department of Economics, Johns Hopkins University, Universidad de Los Andes (Bogota, Colombia), Universidad di Tella and Universidad San Andres, both in Buenos Aires, Argentina. She has published extensively on issues in open economy macroeconomics. In the last few years, her areas of research have been on financial crises, contagion, herding behavior, the effects of financial liberalization, and mutual-fund investment-strategies.