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Scheherazade Rehman

Director of the European Union Research Center (EURC)

GW Deans Professorial Fellow of International Finance

Professor of International Affairs

Professor of International Business/Finance

  • Department: International Business
  • Email: rehman@gwu.edu
  • Phone: (202) 994-6813
  • Fax:
  • Office: Funger Hall, 401 E • 2201 G st. NW • Washington, DC • 20052
Education:
  • PhD, George Washington University, 1992
  • MBA, George Washington University, 1989
  • BA, George Washington University, 1985

Biography

Dr. Rehman is the director of the European Union Research Center (EURC), professor of international finance/business, and professor of international affairs at the George Washington University, Washington, D.C.

The EURC holds the European Commission Award for “EU Center of Excellence in the U.S.” via its American Consortium on EU Studies (ACES) of EU Centers in Washington, D.C. Dr. Rehman is also a Senior Fulbright Scholar.

She has advised a number of institutions including OPIC, USAID, U.S. State Department, The World Bank, IMF, and Central Banks and Finance Ministers of Turkey, Nigeria, Peru, Mongolia, Hungary, Poland, Russia and China. She is also currently a member of the Board of Directors of the International Trade and Finance Association and the European Union Centers of Excellence in Washington, D.C. She is currently a senior partner at ICG (a global financial market assessment and wealth management consulting group) and has served on several European corporate boards.

Dr. Rehman regularly guests on various national and international televised programs on financial matters on PBS Newshour, Colbert Report, BBC World News, guest-hosted CNBC, Voice of America, Washington Post online, and C-Span Washington Journal, among others.

She has appeared several time before U.S. Congress (both House and Senate members) to discuss the current financial crisis and has spoken for the Aspen Institute, Brookings Institute, among others.

Dr. Rehman has written over 80 scholarly articles, book chapters, conference papers, and published 7 books, including The Path To European Economic and Monetary UnionFinancial Crisis Management in Regional Blocs, The Quest For Exchange Rate Stability in the Next Millennium, and the latest, Corruption and Its Manifestation in the Persian Gulf (2010).

Selected Publications

Corruption and the Persian Gulf (with Hossein Askari, N. Arfaa), Edward Elgar Publishers, Massachusetts, 2010.

European Global Trade And Finance (edited), The International Trade and Finance Association, 2002.

Europe And The New Global Economy Vol. II (edited), The International Trade and Finance Association, 2001.

Europe And The New Global Economy Vol. I (edited), The International Trade and Finance Association, 2001.

“Access to Finance as a Critical Proxy for Banking Sector Soundness in Emerging Market Economies: The Case Study of Central Eastern Europe” (with A. Kulathunga), Journal of International Finance Studies, Vol. 12, No. 3 (forthcoming), October/November 2012.

“Economic Development Conditions: A Survey of the Organization of Islamic Countries (OIC)”– BOOK CHAPTER (with H. Askari) in Islamic Finance (Iqbal, Zamir, editor), World Bank Group, World Bank-IMF Publication, Washington, D.C. (forthcoming), Summer 2012.

“National Security and Financial Crisis,” Florida International University College of Law, the FIY Law Review and the Federalist Society (forthcoming) Sumer 2012.

“Explaining the Returns of Active Currency Managers (For Public Investors)” (with S. Nasypbek), Bank of International Settlements (BIS) Public Investors Reports on Portfolio And Risk Management For Central Banks And Sovereign Wealth Funds, Bank of International Settlements (BIS) Papers No. 58, Basel, Switzerland, October 2011.

“Corruption: The View From The Persian Gulf” (with H. Askari and N. Arfaa), Global Economy Journal, Vol. 11: Issue 3, Fall 2011.

“Globalization Of Islamic Finance: Myth Or Reality?” (with F. Perry), International Journal of Humanities and Social Science, Vol. 1, No.14, Fall 2011.

“FDI, Technology Spillovers, Growth, and Income Inequality: A Selective Survey” (with D. Clark, J. Highfill, and J. Campino), Global Economy Journal, Vol. 11: Issue 2, Sum 2011.

Awards

  • 2010-11 Oscar and Shoshanna Trachtenberg Teaching Award, GWU
  • 2011-12 GWIPP University Policy Research Scholar Award, GWU
  • 2010 University Service Excellence Celebration Choice Award-Parents Choice Award, GWU
  • 2010 Faculty of the Year Award by the Board of Advisors, School of Business, GWU
  • Delegation of the European Commission, European Union Educational Grants (1999-current)

Professional Activities

Dr. Rehman is a Senior Research Fulbright Scholar. She is also the GW director of the EU Research Center. She currently serves on the board of directors of the International Trade and Finance Association.

Professor Scheherazade Rehman was invited to be the 2006 Douglas Y.Thomas Visiting Economist Series Speaker at Bradley University and Caterpillar Inc. The Visiting Economist Series has featured seminars by distinguished economists including Milton Friedman, Robert Barro, Deidre McCloskey, James Buchanan, Douglas North.  Title of the speech: “Oil and Arms: A Disastrous Environment for Economic Growth in the Middle East.”

Prior to teaching at GW, Dr. Rehman was a foreign exchange and money market trader in Bahrain (Middle East). She is also a senior partner at the International Consultants Group which specializes in Middle East financial sector development and investment management. She has worked with many international and U.S. government and private agencies, such as The World Bank, Central Banks and Finance Ministers of Turkey, Nigeria, Mongolia, Hungary, Poland, Russia, and China, GAZPROM, Overseas Private Investment Corporation (OPIC), U.S. Agency of International Development (USAID), U.S. Foreign Service Institute, U.S. International Trade Commission (ITC), The Corporate Response Group, Inc., AT&T, and as financial advisor to the board of directors of Thomas David McCloud (U.K.), etc.

In 1997, she received the Senior Research Fulbright Award from the U.S. Dept of State Fulbright Commission to conduct a comprehensive research study on South & East Asian Regional Economic and Financial Development, with a case study on Pakistan.

In 2003, she received the GW School of Business Undergraduate Teaching Award, In 2002, she received the GW MBA Association Faculty of the Year Award. In 2001, she received the GW School of Business Graduate Teaching Award in International Business and the GW MBA Association Faculty of the Year Award. In 1998, she received the GW University Bender Teaching Award, and the First Annual Outstanding GW University Women of the Year Award.