Kenneth Rogoff is the Thomas D. Cabot Professor of Public Policy and Professor of Economics at Harvard University. Rogoff served as chief economist and director of research at the International Monetary Fund from 2001-2003. He is an elected member of the National Academy of Sciences and the American Academy of Arts and Sciences, as well as the Council on Foreign Relations and the Group of Thirty. Rogoff is the winner of the 2011 biennial Deutsche Bank Prize, awarded by the Center for Financial Economics, and he serves on the Economic Advisory Panel of the Federal Reserve Bank of New York. Rogoff co-authored the standard graduate text in macroeconomics, Foundations of International Macroeconomics, and his monthly syndicated column on global economic issues is published in over 50 countries. His research focuses on central bank independence and inflation targeting as an institutional device for enhancing the credibility of monetary policy.