Akos Valentinyi has been the Head of Research at the National Bank of Hungary over the past two years and recently arrived in Cardiff to take up a chair in economics at Cardiff Business School. He is a graduate of the University of Economics in Budapest in 1987 and completed his PhD studies in Economics at the European University Institute in Florence. He was on the faculty of the University of Southampton from 1996, becoming Professor of Economics there in 2004. He has also been a visiting professor at the Central European University in Budapest and Universidad Carlos III in Madrid. His research primarily focuses macroeconomic issues, in particular, issues of long run growth and development.