Theodosios B Palaskas is a Professor of Economic Analysis & Development Economics, Director of the Centre for Economic Policy Studies at Panteion University of Athens, and scientific associate of Athens Academy. He completed his graduate studies in Athens and his postgraduate studies, (M.Sc, MA (honours). & D. Phil), at the University of Oxford. Previous academic appointment has been at the Oxford University - Institute of Economics and Statistics, International Development Center, and at St Peter’s College. He was elected Vice Rector at Panteion University for theperiod 2000-2002 and directed for five years the Greek Foundation for Economic and Industrial Research (IOBE). He was a holder of the IKY - Foundation of Public Scholarships- and the NATO Scholarships for three years to study at Oxford. His research has been financed by the European Commission, The World Bank, University of Oxford, ODA Research Scheme, Greek Ministries, such as Ministry of Development, Ministry of Economics, Bureau of Credit, Bank of Greece, Association of Greek Banks, Athens Chamber of Commerce and Industry, Association of Greek Industries, etc. His research interests focus on Economic Development issues and International and has published papers in scientific economic journals, books and working papers and has been quoted in the ‘Journal of Econometrics’, ‘Journal of the Royal Statistical Society’, ‘Review of Economics and Statistics’, ‘Oxford Bulletin of Economics and Statistics’, ‘Journal Of Development Economics’, etc.