Discussion paper
Paul Woolley’s career has spanned the private sector, academia and policy-oriented institutions. He gained his BA and D Phil in Economics from the University of York (UK) and was a Lecturer there in the early 1970’s. Following this, he had a long spell at the International Monetary Fund in Washington, latterly heading the division managing the Fund’s investment and borrowing activities. He returned to the UK as a Director of Merchant Bank, Baring Brothers. He then founded, and ran for 20 years, the UK arm of GMO, the global fund management business based in Boston, US. He returned to academic life in 2007, funding the Paul Woolley Centre for the study of Capital Market Dysfunctionality at the London School of Economics, where he is a full-time member of the research team. He is a Senior Fellow at the LSE. He has published widely on asset management and related fields in both academic and policy journals throughout his career

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