Dominicksalvatore Salvatore@fordham

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DOMINICK SALVATOREDistinguished Professor of Economics, Director of Ph.D. Program, Director of Global EconomicsCenter, Fordham University, New York l0458, U.S.A. Tel. 718-817-4045; Fax 914-337-3355.Web: http://www.dominicksalvatore.com ; e-mail salvatore@fordham.edu; February 2018FIELDS:International Trade, International Finance, Microeconomic Theory, Managerial Economics, DevelopmentEconomics, EconometricsEDUCATIONB.A., City College of New York, 1964M.A., City University, 1966Ph.D., City University of New York, 1971TEACHING AND ADMINISTRATIVE POSITIONSInstructor, City College of New York, 1968-1971Assistant Professor, Fordham University, 1971-1974Associate Professor, Fordham University, 1974-1977Professor, Fordham University, since 1978Department Chairman, 1982-1988, 1994-2002, 2008-2014Director of the Ph.D. Program, since 1995Director of Graduate Program, 1988-1994Visiting Professor, University of Rome, Spring 1991, 1992, 2003-2017Visiting Professor, University of Triest, Spring 1994-2002Visiting Professor, Business and Economics University of Vienna, Summer 1995-2004Visiting Professor, Shanghai Finance University, Spring 2007Visiting Professor, American University in Cairo, Spring 2007Visiting Scholar, Reserve Bank of South Africa, Spring 2008, 2009, 2011Visiting Professor, University of Pretoria, Summer 2008, Fall 2009, Spring and Summer 2011-2012Visiting Professor Peking University, Fall 2009, Summer 2010, Spring 2011, Spring 2012Founding member of MISTRA (Mapungubwe Institute of Strategic Reflection), South Africa, 2011Director Global Economics Policy Center, Fordham University, since 2013AWARDS, HONORS, FELLOWSHIPSPhi Beta Kappa, Sigma Xi, Dean's List, Summa cum LaudeNational Defense Education Act Fellowship (NDEA) 1966-1969University Dissertation Fellowship 1969-1970Senior Fulbright Research Award, 1975-6 Academic YearSenior Fulbright Teaching/Research Award, Spring 1981Board of Directors, Society for Policy Modeling since 1986National Academy of Sciences Teaching Program in China, Summer 1988Co-Chair, Economics Section, New York Academy of Sciences, 1988-1997Elected American Association for the Advancement of Science in 1992Board of Directors, New York Academy of Sciences 1993-1996Nominating Committee, President American Economic Association, 1994-1995President, International Trade and Finance Association, 1994-1996Board of Directors, Eastern Economic Association, 1997-1999Ph.D. Alumni Achievement Award of CUNY, 1997Graduate Teacher of the Year Award, Fordham University, 19971

Elected Knight of Malta, 1997Elected Fellow of the New York Academy of Sciences, 1997Appointed Distinguished Professor of Economics, Fordham University, 1997Chairman, Economics Section, New York Academy of Sciences 1998-2002Medal of the Senate of the Republic of Italy, 2003Dorso Prize, Rome, February 2004Included in Who’s Who in Social Science in Higher Education, May 2004Included in Strathmore’s Who’s Who, October 2004Elected Fellow of the Athenian Policy Forum, October 2005Achievement Award, President of the Republic of Italy, November 2005Honorary Professorship, Shanghai Finance University, Since November 2005Honorary Professorship, Hunan University (Changsha, China), Since April 2007President, North American Economics and Finance Association (NAEFA/IBEFA), 2007Elected Member, Istituto Lombardo, Accademia di Scienze e Lettere, 2008Elected member of the Manhattan Committee on Foreign Relations, April 2009Nominated for the National Medal of Science awarded by the President of the United States, 2010President Society of Policy Modeling since 2005Nominated, Advisory Board & Steering Committee, Global Rules Ethics & Economic Network (GREEN), 2011Nominated, Board of Editors, Journal of Business and Finance, 2012Nominated, Board of Editors, ILIRIA International Review, 2012Honorary Professorship, University of Pretoria, since 2012Appointed Fellow of MISTRA (Mapungubwe Institute of Strategic Reflection), South Africa, 2013Appointed, Board of Editors, Open Journal of Finance, 2013President Advisory Board, International Academy for Social & Eco. Development (AISES), 2014-2017Honorary President, Megatrend University in Belgrade, 2014-2015.Honorary Professorship, Nanjing University, since 2016President Scientific Committee, Department of Economics, Luigi Einaudi Foundation, since April 2017PROFESSIONAL ASSOCIATIONSAmerican Economic Association, American Econometric SocietyAmerican Association for the Advancement of Science, Royal Economic SocietyEastern Economic Association, Society for Policy Modeling, New York State Economic Association,International Banking, Economic and Finance Association (formerly, NAEFA),Founding Member of the International Trade and Finance AssociationRESEARCH APPOINTMENTS, GRANTS AND CONSULTING ACTIVITIESConsultant: United Nations; World Bank, International Monetary Fund, Economic Policy InstituteEditor: International Handbook Series, North-Holland and the Greenwood PressCo-Editor: Journal of Policy Modeling, Open Economies Review (past)Associate Editor: Journal of Economic Asymmetries, The American Economist (past)Executive Board: International Trade and Finance Association; Advisory Board, Enciclopedia Italiana;Editorial Board: China-ASEAN Integration and Trade Journal, Journal of Economics & Finance, EuropeanJournal of International Management, Journal of Development Economics, Frontiers in Finance andEconomics, Global Economy Quarterly, International Trade Journal, Middle Eastern Journal of Financeand Economics, Journal of International Economics, Commerce and Policy (JICEP); Journal of Trade andDevelopment, Journal of International Trade & Economic Development, Open Economies Review,Economia Politica, Economia dei Servizi, New Medit, Mondo Bancario, Atlantide, Review of EconomicConditions in Italy, Open Journal of Finance, China-Asean Integration and Trade Journal.Project Reviewer: National Academy of Sciences and National Science Foundation.United Nations Project: Foreign Direct Investments and Growth, 1992-1993UN Project with Prof. Lawrence Klein: Income Distribution and Economic Development, 1992-19972

Associate Research Fellow: Institute for European Affairs, Business & Eco. Univ. of Vienna since 1999,Shanghai Finance University since 2005, and South African Reserve (Central) Bank since 2007Advisory Board: International School of Economics at Tbilisi, Georgia, since 2005Advisory Board: UNCTAD DCIT-TDI, 2007Advisory Board: Kadir Haas University, Istanbul, Turkey since 2007Advisory Board: University of Pretoria, South Africa, since 2007REFEREE: Economic Journal, Southern Economic Journal, Journal of Development Economics, Journalof Developing Areas, World Development, Scandinavian Journal of Economics, Regional Science andUrban Economics, Economica, Scottish Journal of Economics, Contemporary Economic Policy,Population and Development Review, Journal of Business and Economics, Journal of Economic andFinance, The Journal of International Trade and Economic Development, The Global Economy.CONSULTANT: Cambridge University Press, Oxford University Press, Princeton University Press,Elsevier (North-Holland). Various Central Banks, Multinational Corporations, and Global Banks.GRADUATE COURSES TAUGHTInternational Trade, International Finance, International Economics of Development,Microeconomic Theory, Managerial Economics, EconometricsPUBLICATIONS – BOOKS (Authored and Edited, as well as Special Journal Issues Edited):1. Economics. New York: Simon & Schuster, 1972. Coauthor. Second Edition, 1976.2. Statistics. New York: Simon & Schuster, 1973. Coauthor.3. Microeconomic Theory and Problems. New York: McGraw-Hill, 1974. Paperback.Translated: Arabic, Chinese, French, Greek, Indonesian, Italian, Japanese, Korean,Portuguese, Spanish, Thai. Reprinted: India, Taiwan. More than 800,000 copies sold.Reviewed: Kyklos, 29 (1976), 178-9. 2nd Ed., 1983; 3rd Ed., 1992; 4th Ed., 2006.4. International Economics - Theory and Problems. New York. McGraw-Hill, 1976.Translated: Arabic, French, Indonesian, Japanese, Portuguese, Spanish, and Thai. ReprintedTaiwan. Reviewed in Kyklos, 30 (1977), 167-8. 2nd Ed., 1984; 3rd Ed., 1990; 4th Ed., 1996.5. Development Economics. New York: McGraw-Hill, 1977. Coauthor.Translated into Spanish and Indonesian.6. Principles of Economics. New York: McGraw-Hill, 1980. Coauthor.Translated: Arabic, French, Indonesian, Portuguese, and Spanish. 2nd Ed. 1997.7. Internal Migration and Economic Development. Washington, D.C.:University Press of America, 1981. Hard Cover and Paper Editions.Reviewed in: Journal of Regional Science, 22 (1982), 408-9 andRivista di Politica Economica, 73(1983), 590-1.8. Statistics and Econometrics. New York: McGraw-Hill, 1982. 2nd Edition, 2002, (with co-author).Translated: Arabic, French, Italian, Portuguese, and Spanish.Reviewed in American Economist, 26 (1982), 87; Kyklos, 36 (1983), 347-9.3

9. International Economics. New York: Macmillan, First Edition, 1983. 11th Edition, 2013.Leading Undergraduate and Graduate Text. Reprinted in China and Philippines.Translated: Chinese, French, Greek, Indonesian, Italian, Korean, Polish, Portuguese, Russian,Serbian, Spanish. Second Edition, 1987; 3rd ed. 1990; 4th ed., 1993; 5th ed. Prentice-Hall, 1995;6th , 1998; 7th Wiley & Sons, 2001; 8th 2004; 9th, 2007; 10th, 2010; 11th, 2013; 12th, 2016; 13th, 2016.10. Protectionism. Special Issue of the Journal of Policy Modeling. Editor and Contributor, Spring 1985.11. Microeconomics. New York: Macmillan, 1986. Translated into Italian.HarperCollins, New Edition, 1991 and 2nd Ed., 1994. 3rd Ed., Addison-Wesley, 1997.4th Ed., Oxford University Press, 2003; 5th Ed., Oxford University Press, 2009;6th Ed., Oxford University Press, 2018.12. The New Protectionist Threat to World Welfare. Editor. New York: North-Holland, 1987.Among Contributors are: Balassa, Baldwin, Bhagwati, Branson, Corden, Cooper, Klein(Nobel 1978), Krugman, McKinnon, Michaely, Mussa, Stern.Reviewed in: International Trade Journal, Summer 1987, 421-424; Southern EconomicJournal, January 1988, 410; American Economist, Spring 1988.13. Modeling Demographic and Economics Dynamics.Special Issue of the Journal of Policy Modeling. Editor and Contributor. Spring 1988.14. World Population Trends and Their Impact on Economic Development.Editor and Contributor. Westport, Conn.: Greenwood Press, 1988.15. Managerial Economics in a Global Economy. New York: McGraw-Hill, 1989.Translated: Chinese, Croatian, Indonesian, Malaysian, and Spanish.2nd Ed., 1993. 3rd Ed., 1996. 4th Ed., Harcourt, 2001. 5th Ed., South-Western, 2004.6th Ed., Oxford University Press, 2007; 7th Ed., 2012; 8th Ed., 2015; 9th Ed., 2018;16. Managerial Economics - Theory and Problems. New York: McGraw-Hill, 1989.Translated into Spanish.17. African Development Prospects: A Policy Modeling Approach. Editor and Contributor.New York: Francis & Taylor for the United Nations, 1989.18. The Japanese Trade and Competitiveness Challenge and the U.S. Response.Washington, D.C.: Economic Policy Institute, 1990.19. National Economic Policies. Editor and Contributor.Amsterdam and Westport, Conn.: North-Holland and Greenwood Press, 1991.20. National Trade Policies. Editor and Contributor.Amsterdam and Westport Conn.: North-Holland and Greenwood Press, 1992.21. Monetary Policies in Developed Economies. Co-Editor and Contributor.Amsterdam and Westport, Conn.: North-Holland Greenwood Press, 1993.22. Foreign Exchange Issues, Capital Markets, and International Banking in the 1990s.Co-Editor and Contributor. New York: Francis & Taylor, 1993.4

23. Protectionism and World Welfare. Editor. Cambridge: Cambridge University Press, 1993.Among Contributors are: Baldwin, Bhagwati, Corden, Cooper, Dornbusch, Helleiner,Klein, Krugman, McKinnon, Mundell, Mussa, Tanzi.24. The North American Free Trade Agreement. Co-Editor. New York: Pergamon Press, 1994.25. Economic Development. Co-Editor and Contributor. Westport, Conn.: Greenwood Press, 1994.26. The International Monetary System: Are Present Arrangements Optimal?Special Issue of the Journal of Policy Modeling. Editor and Contributor. Fall 1995.27. The International System Between New Integration and Neo-Protectionism.Co-Editor and Contributor. London: Macmillan, 1996.28. Macroeconomic Policy in Open Economies. Co-Editor and Contributor.Westport, Conn.: Greenwood Press, 1997.29. Trade and Payments in Central and Eastern Europe's Transforming Economies.Co-Editor and Contributor. Westport, Conn.: Greenwood Press, 1997.30. International Finance. Arezzo: Banca Etruria, 1998.31. The Operation of the International Monetary System. Co-Editor. Norwell, Mass.: Kluwer, 199932. Lessons from the Asian Financial Crisis.Special Issue of the Journal of Policy Modeling. Editor and Contributor. May 1999.33. The Euro, the Dollar and the International Monetary System.Special Issue of the Journal of Policy Modeling. Editor and Contributor. May 2000.34. Eastern Enlargement: The Sooner the Better?Vienna, Ministry of Economics and Labor, 2000. Co-Editor.35. Small States: New Challenges and Opportunities. Co-Editor. London, Macmillan, 2001.36. Dollarization for North America? For All of the Americas?.Special Issue of the Journal of Policy Modeling. Editor and Contributor. May 2001.37. The Dollar vs. the Euro: Will There Be A struggle for Dominance?(Part A) andTaxation and Growth in the U.S. Economy.” (Part B) Special Issue of theJournal of Policy Modeling. Editor and Contributor. July 2002.38. The New Economy and Growth in the United States.Special Issue of the Journal of Policy Modeling. Editor and Contributor. July 2003.39. The Dollarization Debate. Co-Editor. New York: Oxford University Press, 2003.40. Globalization, Growth and Poverty.Special Issue of the Journal of Policy Modeling. Editor and Contributor. June 2004.5

41. Euroization and Restructuring in Transition Economies. Special Issue of theJournal of Policy Modeling. Editor and Contributor. October 2004.42. Introduction to International Economics.New York. Wiley, 2005. Translated Portuguese (Brazil), Chinese, Italian, and Korean.Second Edition, 2009. Third Edition, 2012.43. The Dollar and the Euro in the International Monetary System.Special Issue of the Journal of Policy Modeling. Editor and Contributor. June 2005.44. Toward a Global Economy. Rome. Di Renzo Editore, 2006.45. Income Distribution. New York. Oxford University Press, 2006. Co-author.Winner of CHOICE Outstanding Academic Title, 2006 Award.46. Twin Deficits, Growth and Stability of the U.S. Economy.Special Issue of the Journal of Policy Modeling. Editor and Contributor. June 2006.47. Income Distribution: Theory and Measurement.Special Issue of the Journal of Policy Modeling. Editor and Contributor. June 2007.48. U.S. Trade Deficits, the Dollar, and International Monetary Stability.Special Issue of the Journal of Policy Modeling. Editor and Contributor. Sept. 2007.49. Growth, Productivity and Wages in the U.S. Economy. Special Issue of theJournal of Policy Modeling. Editor and Contributor. July/August 2008.50. Nobels on the Future of the World Economy and Is It Time to Change Trade Policies?Special Issue of the Journal of Policy Modeling. Editor and Contributor. July/August 2009.51. Growth or Stagnation After Recession? (Part A) and The Economics of Crime (Part B).Special Issue of the Journal of Policy Modeling. Editor and Contributor.September/October 2010.52. The U.S. in the World Economy (Part A) and The Dollar, the Euro, the Renminbiand the International Monetary System (Part B). Special Issue of theJournal of Policy Modeling. Editor and Contributor. September/October 2011.53. The United States and China in the World Economy (Part A) and A New International MonetaryOrder? (Part B) ). Special Issue of the Journal of Policy Modeling. Editor and Contributor.July/August 2012.54. From G7 to G20 and International Policy Coordination.Special Issue of the Journal of Policy Modeling. Editor and Contributor. May/June 2013.55. Rapid Growth or Stagnation in the U.S. and World Economy?Special Issue of the Journal of Policy Modeling. Editor & Contributor. July/August 2014.56. The European Challenge: Reforms, Growth and Employment. Co-Editor, F. Angeli,Milan, 2015 (in Italian).6

57. When the Crisis End in the Eurozone and Emerging Markets? Special Issue of theJournal of Policy Modeling. Editor & Contributor. May/June 2015.58. Why Is World Growth Slowing Down? Special Issue of the Journal of Policy Modeling.Editor & Contributor. July/August 2016.59. Where Is the World Economy Headed? Special Issue of the Journal of Policy Modeling.Editor & Contributor. July/August 2017.60. TrumpEconomics: Effects on the United States and Abroad. Special Issue of theJournal of Policy Modeling. Editor & Contributor. May/June 2018.PUBLICATIONS - ARTICLES:1. "The Operation of the Market Mechanism and Regional Inequality," Kyklos, 25 (1972), pp. 516-538.2. "Regional Inequality and the Market Mechanism," Kyklos, 26 (1973), pp. 527-533.3. "Interregional Capital Flows and Economic Development," Economia Internazionale, 29 (1976),pp. 66-88.4. "Trade as an Engine of Growth for Petroleum Exporting Nations," Rivista Internazionale di ScienzeEconomiche e Commerciali, 23 (1976), pp. 662-674. Coauthor.5. "An Econometric Analysis of Internal Migration in Italy," Journal of Regional Science, 17 (1977),395-408.6. "Testing Various Econometric Models of Internal Migration," Review of Regional Studies, 7 (1978),pp. 31-41.7. "A Simultaneous Equations Model of Internal Migration with Dynamic Policy Simulations andForecasting," Journal of Development Economics, 7 (1980), pp. 231-246.8. "A Theoretical and Empirical Evaluation and Extension of the Todaro Migration Model,"Regional Science and Urban Economics, 11 (1981), pp. 499-508.9. "Internal Migration and Economic Development," Rivista di Politica Economica. 72 (1982),pp. 1219-1243. Lead Article. In Italian. Reprinted in English 73 (1983), 185-208.10. "A Simultaneous Equations Model of Trade and Development with Dynamic Policy Simulations,"Kyklos, 34 (March, 1983), 66-90. Abstracted in Journal of Economic Literature, 21 (1983), p. 1840.Abstracted in Atlantic Economic Journal, 11 (1983), 95-96.11. "An Econometric Model of Internal Migration and Development: Extensions and Tests,"Regional Science and Urban Economics, 14 (March 1984), pp. 77-87.12. "Petroleum Prices, Exchange Rate Changes, and Domestic Inflation in Developing Nations,"Weltwirtschaftliches Archiv (Review of World Economics), 119 (1984), pp. 580-589.Abstracted in Journal of Economic Literature, 23 (1985), 990.7

13. "The New Protectionism and World Welfare," Journal of Policy Modeling, 7 (Spring 1985), pp. 1-22.Reprinted in Economic Impact, No. 54, March-April 1986.Distributed by the United States Information Agency in over 100 countries.14. "Oil Import Costs and Domestic Inflation in Industrial Countries."Weltwirtschaftliches Archiv (Review of World Economics), 122 (1986), pp. 281-91.Abstracted in Journal of Economic Literature XXV (March 1987), p. 537.15. "Import Penetration, Exchange Rates, and Protectionism in the United States,"Journal of Policy Modeling, 8 (Spring 1987), pp. 125-141.16. "Can the United States and Europe Compete with Japan?" Economia, June 1987, pp. 5-14.17. "Modeling Demographic and Economic Dynamics: An Overview,"Journal of Policy Modeling, 9 (Spring 1988), pp. 1-6.18. "Economic Development, Income Inequality and Kuznets' U-Shaped Hypothesis," Coauthor.United Nations: Working Paper Series, No. 4 (May 1987).Journal of Policy Modeling, 9 (Summer 1988), pp. 265-280.19. "A Model of Dumping and Protectionism in the United States,"Weltwirtschatfliches Archiv (Review of World Economics), December 1989, pp. 763-781.Abstracted in Journal of Economic Literature, September 1990, p. 1559.20. "World Oil Prices, The Decline of OPEC, and the O.E.C.D. Trade Balance"Open Economies Review, Spring 1990, pp. 89-106.21. "The Future of the International Monetary System," Economi

1 DOMINICK SALVATORE Distinguished Professor of Economics, Director of Ph.D. Program, Director o

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