Andrea F. Presbitero is an economist of the IMF Research Department’s Macro-Financial Division. Before joining the Fund, he was assistant professor at the Universita' Politecnica delle Marche (Italy). He is an applied economist whose research covers financial intermediation, development finance, and international finance. His work has been published in top journals, including the Review of Financial Studies, the Journal on International Economics, and the Journal of Development Economics. He is Associate Editor of the Journal of Financial Stability and Economia (LACEA).