Carol Graham is Professor in the School of Public Policy at the University of Maryland, and Senior Fellow in Economic Studies at the Brookings Institution, where she also co-directs the Center on Social and Economic Dynamics. From 2002-2004, she served as a Vice President at Brookings. She has also served as Special Advisor to the Vice President of the Inter-American Development Bank, as a Visiting Fellow in the Office of the Chief Economist of the World Bank, and as a consultant to the International Monetary Fund and the Harvard Institute for International Development. She is the author of numerous books and articles on market reform, poverty, inequality, and novel welfare metrics. Her most recent book, published by Brookings and co-authored with Stefano Pettinato, is Happiness and Hardship: Opportunity and Insecurity in New Market Economies. She has published articles in a range of journals including the Journal of Economic Behavior and Organization; the World Bank Research Observer; the Journal of Socio-Economics; the Journal of Development Studies; the Journal of Happiness Studies; the Journal of Latin American Studies; World Economics; the Journal of Human Development; and Foreign Affairs. She has an A.B. from Princeton University, an M.A. from Johns Hopkins, and a D.Phil from Oxford University.