Francis E. Warnock is a member of the Global Economies and Markets (GEM) area. Warnock developed and delivers GEM's First Year Core Elective ("Global Financial Markets") and the year-long practicum "Markets for Human Hope" and teaches in the core First Year GEM course.

Warnock is an expert on international capital flows, international portfolio allocation and financial sector development. Warnock's work has been featured in Financial Times, the Economist, Barron's, the Wall Street Journal and the New York Times, and his publications have appeared in a number of journals including the Quarterly Journal of Economics, Review of Financial Studies, Journal of Accounting Research, Journal of International Economics and Journal of Housing Economics.

Before coming to Darden in 2004, Warnock developed his expertise in international capital flows as a senior economist in the international finance division at the Board of Governors of the Federal Reserve System while also teaching at Georgetown University. Warnock's international experience includes, among other things, two years as a Peace Corps Volunteer in Malawi's Thyolo District. His professional career started on Wall Street, where he was a commodity trading advisor.

Warnock is Research Associate at the National Bureau of Economic Research in Cambridge, senior fellow at the Globalization and Monetary Policy Institute at the Federal Reserve Bank of Dallas, research associate at the Institute of International Integration Studies at Trinity College Dublin and a consultant at the Council on Foreign Relations; he coleads a multiteam Inter-American Development Bank project on housing finance systems in Latin America. In the recent past, he has been a research fellow at the Hong Kong Monetary Authority and a constultant to the IMF, to the World Bank on its GEMLOC emerging bond markets project and to the International Policy Analysis and Emerging Economies division of the European Central Bank.

Business Professor, Business,