Cristina Terra is professor of economics at ESSEC Business School. PhD in economics from Princeton University, she has taught in France, Brazil and the United States. She has been Director of the École Doctorale EM2P at Université de Cergy-Pontoise, and Director of Graduate Studies at Fundacao Getulio Vargas, Brazil. Her mains research interests are International Economics and Development Economics. With several articles published in international economic journals, she is the author of the textbook Principles of International Finance and Open Economy macroeconomics. She is member of the editorial board of the Journal of Applied Economics and associate researcher at THEMA and at CEPII.