image
image
Office Information
Office: 470 RBC
Phone: 610-758-4540
Fax: 610-758-4677
Email: frg2@lehigh.edu

Courses Taught
Undergraduate Courses
Graduate Courses

Frank Gunter is an Associate Professor of Economics who received his Ph.D. in Political Economy from Johns Hopkins University in 1985. His primary area of research is country risk analysis and he has published studies of the economies of Iraq, China, Colombia, and Latvia.

At the undergraduate level, Professor Gunter teaches Principles of Economics, Economic Development Theory, Economic Development of China and, beginning in Spring Semester 2007, Economic Development of Iraq. He has also taught International Trade, Economic Development and Country Risk Analysis in the MBA and Ph.D. programs. For excellence in teaching, Professor Gunter has won both the Lehigh University Award and the Stabler Award.

In 2005-2006, Professor Gunter was in Baghdad, Iraq for seven months as the Chief, Economics Division, Multi-National Force - Iraq. He has also been a consultant for the United Nations Development Program, the U.S. Department of the Navy, the Inter-American Development Bank as well as government entities in China and Colombia.

An organizer of the Lehigh in China program, he led four student groups to the People's Republic of China for a five-week course on the country's economy and business environment.

Prior to joining the Lehigh Faculty in 1983, he spent two years as a country risk analyst for the First National Bank of Chicago and a semester as an economic intern at the International Trade Commission. 

Research Interests

  • Corruption in Iraq
  • Impact of oil on the political economy of Iraq
  • Transaction costs incentives for capital flight
  • Determinants of Chinese capital flight
  • China 2025: A Country Risk Analysis

Lehigh Faculty Compensation

Selected Publications

Capital Flight

  • "Capital Flight" International Encyclopedia of the Social Sciences, 2nd edition, William A. Darity, Jr. (ed.) Detroit: Macmillan Reference, 2008. (Forthcoming)
  • "Capital Flight from China: 1984-2001," China Economic Review, Vol. 15, 2004, pp. 63-85.
  • “The Relationship between Foreign Direct Investment and Capital Flight in China (1984-1999)” with Haizhen Yang, (Published in Chinese) China Economic Quarterly, Vol. 1, No. 3, 2002, pp. 715-722.
  • "The Miracle of the Latvian Lat: Its Fragile Foundation" with Nicholas W. W. Balabkins, in Jürgen G. Backhaus and Günter Krause (eds.) On Political Economy of Transformation: Country Studies, Marburg: Metropolis Verlag, 1997.
  • "Capital Flight from the People's Republic of China: 1984-1994," China Economic Review Vol. 7, No. 1, 1996.
  • "Colombian Capital Flight: 1982-1990," In Alvin Cohen and Frank R. Gunter (Eds.) The Colombian Economy: Issues of Trade and Development, Boulder, Colorado: Westview Press, 1992.
  • "Colombian Capital Flight: Issues of Policy and the Drug Trade," Testimony on the Impact of Capital Flight on Latin American Debt before the Subcommittee on Deficits, Debt Management and International Debt of the U.S. Senate Finance Committee, First Session, Washington D.C.: Government Printing Office, June 12, 1991, pp. 18-25, 37-42.
  • "Colombian Capital Flight," Journal of Interamerican Studies and World Affairs Vol. 33, No. 1, Spring, 1991, pp. 123-147. 

Iraq Economy

Colombia Economy

  •  "Market Reform and the Limitations of Monetary Policy: the Case of Colombia" with Carolyn Stumph, Ensayos Sobre Politica Economica, No. 38, March 2001.
  •  "Absolute Stability and Comparative Deterioration: Has Apertura Gone Too Far or Not Far Enough?" in Colombia: An Opening Economy? Colleen Callahan and Frank R. Gunter (eds.) Stamford, Connecticut: JAI Press, 1999, pp. 343-353.
  • Colombia: An Opening Economy? Colleen Callahan and Frank R. Gunter (Eds.) Stamford, Connecticut: JAI Press, 1999.
  •  "Apertura Economica," in Fabio Giambiagi (ed.) Colombia: Informe Socioeconomico Departamento de Desarrollo Economico Y Social, Banco Interamericano de Desarrollo, Abril, 1994, pp. 32-38.
  • The Colombian Economy: Issues of Trade and Development Alvin Cohen and Frank R. Gunter (Eds.) Boulder, Colorado: Westview Press, 1992.
  •  "Colombian Capital Flight," Journal of Interamerican Studies and World Affairs Vol. 33, No. 1, Spring, 1991, pp.123-147.

Country Risk Analysis

  • “Corruption," in Encyclopedia of Social Problems, Vol. 1, Vincent N. Parrillo (ed.).  Thousand Oaks, CA: SAGE, 2008. (Forthcoming)
  • "Country Risk," In Peter Newman, Murray Milgate and John Eatwell (Eds.) The New Palgrave Dictionary of Money and Finance, New York: Stockton Press, 1992, pp. 506-509.
  • "Thomas Jefferson on the Repudiation of Public Debt," Constitutional Political Economy Vol. 2, No. 3, Fall, 1991, pp. 283-301.

Links

Curriculum Vitae
Recent News article -- "Lehigh Students Meet with Iraqi ambassador"
If you only read seven books in your life...

Letters from Iraq:

 

 
 
Lehigh Rankings
Learn more about Lehigh's BusinessWeek ranking
Best Part-Time MBA schools