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P.J. Lloyd is the Ritchie Professor of Economics and the Director of the Asian Business Centre at the University of Melbourne. He has a B.A. and M.A. (First Class honours) from Victoria University of Wellington, New Zealand and a Ph.D. from Duke University in the United States. His main areas of specialization are international economics and Asian economics and microeconomics in general. He has been a consultant to the OECD, GATT, UNCTAD, and a number of government departments and authorities in Australia and New Zealand.