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Tony Richards is Head of the Economic Analysis Department at the Reserve Bank of Australia where he oversees the RBA’s analysis of the domestic and international economies for the monetary policy process. He began his career in the Reserve Bank, before moving to the International Monetary Fund in Washington DC where he spent ten years working on international capital markets issues, and on numerous countries including Korea, Russia and the Baltic countries. He rejoined the Reserve Bank at the start of 2002, first as Deputy Head of International Department, before his appointment as Head of Economic Research Department and then Head of Economic Analysis Department. Dr. Richards’ academic and policy research has been published in leading international economic and financial journals. He holds a Bachelor of Economics with Honours from Sydney University, a Masters in Public Administration from Harvard University, and a Ph.D. in Business Administration from the George Washington University.