Maurice Obstfeld is a professor of economics at the University of California, Berkeley. His main areas of study are international economy and macroeconomics and current research is dynamic open-economy models with nominal rigidities, exchange rates and international financial crises, global capital-market integration in historical perspective, He is also the co-author of two leading textbooks on international economics, International Economics with Paul Krugman and Marc Melitz and Foundations of International Macroeconomics with Kenneth Rogoff as well as more than 100 research articles on exchange rates, international financial crises, global capital markets, and monetary policy. In 2014-2015 he was a Member of President Obama’s Council of Economic Advisers as lead macroeconomist, and from 2015-2018 he served as chief economist at the International Monetary Fund. Before that, he served as an honorary adviser to the Bank of Japan’s Institute of Monetary and Economic Studies. He is a Fellow of the Econometric Society and the American Academy of Arts and Sciences. He is active as a research fellow of the Centre for Economic Policy Research and a research associate of the National Bureau of Economic Research. Most recently, he has joined the Peterson Institute for International Economics in Washington, D.C., as a nonresident senior fellow. Among his honors are the Frank Graham Lecture at Princeton, the inaugural Mundell-Fleming Lecture of the International Monetary Fund, the Bernhard Harms Prize and Lecture of the Kiel Institute for World Economy, the L. K. Jha Memorial Lecture at the Reserve Bank of India, and the Richard T. Ely Lecture of the American Economic Association.