Michael Cuddy is Professor of Economics (Emeritus) at National University of Ireland, Galway. He holds a B.Agr. Sc and M.Agr. Sc (Economics) from University College Dublin and a PhD in Economics from North Carolina State University. He is the founder and Director of GDSI, an international economics consulting company with its headquarters in Galway. He was a lecturer in Economics at NUI, Galway for 15 years, Head of Department for 25 years and Dean of the Commerce Faculty for three years. He has over 100 published works. Michael established a rural development research centre, CEDRES and a marine social and economic research centre, SEMRU at NUI, Galway and he has undertaken research for numerous national and international agencies, including Irish government departments, the EC and the UN. He has carried out research and consultancy work in Ireland, UK, US, Europe, Russia, Republics of the former Soviet Union, China, the ASEAN countries and North Korea.