Debasish Chakraborty is a Professor of Economics and Director of the MBA program in the College of Business Administration at Central Michigan University. Before coming to Central Michigan University he was an assistant professor of Economics at University of Central Arkansas and Theil College in Pennsylvania. He obtained his BA and MA in Economics from Calcutta University, India and his Ph.D. in International Economics from the University of Pittsburgh, Pennsylvania. His teaching and research interest lies in the area of international trade and Finance, economic growth and open economy macroeconomics. Recently, his research has focused on the issue of the role of institutions on economic growth and its sustainability in the long run. He has published numerous scholarly articles in national and international economic journals. He is a regular consultant for General Motors, Chrysler Corporation and Tata Consultancy Services. In addition to scholarly economic research, he is also interested in research that has serious and immediate public policy implications. He collaborated with Northwood University to work on a project sponsored by the Michigan Chamber of Commerce that investigated the effects of "right to work" legislation on the competitiveness of the Michigan economy. The study received serious attention among law makers of different states and a similar study was conducted for the state of Illinois. He also collaborated on a study sponsored by the Michigan Bankers Association, about the loss of economic welfare that arises because of the federal income tax exemption that has been granted to Credit Unions. He received numerous teaching awards for his effective teaching at the University of Pittsburgh, University of Central Arkansas, and Central Michigan University. He lives in Midland with his wife Rebecca who is an associate professor in economics at Northwood University. His only son Neil lives in Pittsburgh, PA, where he works for the University of Pittsburgh Medical Center.