László Halpern is senior research fellow at the Institute of Economics of Centre for Economic and Regional Studies of the Hungarian Academy of Sciences in Budapest. He is research fellow in International Trade and Regional Economics research programmes of the Centre for Economic Policy Research (London), and recurrent visiting professor at the Central European University (Budapest). He is member of Scientific Committee of European Trade Study Group, and of Advisory Committee of Department of Economics at Eötvös Loránd University (ELTECON, Budapest). He was member of the Research Advisory Committee of the Czech National Bank between 2004 and 2010. He has written widely on exchange rate and exchange rate policy in Central and Eastern Europe; on enterprise behaviour, on microeconomic environment and economic policy; on multinational enterprises, on foreign direct investment and economic development.