Charles Goodhart worked at the Bank of England as Monetary Adviser, 1968-85. While there, he advised on Hong Kong's link with the dollar in 1983, and subsequently served on the Exchange Fund Advisory Board in Hong Kong until 1997. Since 1985 he has been the Norman Sosnow Professor of Banking and Finance at the London School of Economics until his retirement in 2002. He was on the Monetary Policy Committee in the UK from 1997-2000.Lu Dai joined the research department of the Hong Kong Monetary Authority in late 2001 after acquiring her Ph.D. degree from the City University of Hong Kong. Previously she studied in the Graduate School of the People's Bank of China.