Ioana Petrescu received a Ph.D. and an M.A. in Economics from Harvard University and a B.A. in Economics and Mathematics from Wellesley College. Prior to joining the University of Maryland, she worked as an N.R.I. Fellow at the American Enterprise Institute in Washington, DC. Her fields are public finance, development economics and economics of national security. Her research interests range from taxation in transitional and developing countries, to underground economy, entrepreneurship, and economic sanctions. She was born in Romania, lived in Boston and Washington, DC for fourteen years. She currently serves as the economic adviser to the Romanian Prime Minister in Bucharest.