Patrick J. Conway is professor and chair of the Department of Economics at UNC Chapel Hill. His research focuses on international economics and international economic development, including international aspects of transition, impact of IMF adjustment programs on developing countries, theoretical explanations and empirical implications of international trade between developed and developing countries, the effect of globalization on textiles industry in the United States, and poverty and unemployment in North Carolina.
Conway is the author or co-author of numerous books. In addition, he has published over 150 scholarly articles, essays, and book reviews. Conway has received various grants and fellowships over the years, as well as teaching awards, including the International Affairs Fellowship of the Council of Foreign Relations in 1989 and the Bowman and Gordon Gray Distinguished Term Professorship in 2007 by UNC in recognition of his teaching and research success.
Previously, Conway served as founding director of the Center for Faculty Excellence at UNC-Chapel Hill from 2008-2009. The Center for Faculty Excellence at UNC-Chapel Hill enables faculty members in all disciplines to reach their goals in teaching, research, and leadership throughout their careers.
Conway received his PhD in Economics and MPA in International Development from Princeton University.
Industry Expertise (2)
Areas of Expertise (6)
IMF Adjustment Programs
The Bowman and Gordon Gray Professorship in Economics (2007) (professional)
Awarded by UNC Chapel Hill
The William Friday/Class of 1986 Award (2001) (professional)
Awarded for Excellence in Teaching
The Pew Faculty Fellowship in International Affairs (1991) (professional)
Awarded by Harvard University
Princeton University: Ph.D., Economics 1984
Woodrow Wilson School, Princeton University: M.P.A., Public and International Affairs 1979
Georgetown University, School of Foreign Service: B.S.F.S., International Economic Policy 1975
- World Bank : Research Associate
- International Monetary Fund : Visiting Scholar Research Department
Media Appearances (3)
Tariffs and the local impact
A trade war with China and an immigration fight with Mexico are both leading to higher tariffs – so what’s the actual impact locally? Aaron Keck chats with UNC economics professor Patrick Conway.
Students to protest for higher wages
Daily Tar Heel online
Patrick Conway, chairman of the economics department, said arguments for raising the minimum wage are based on income distribution. “The minimum wage at its current level is so low that someone who is earning the minimum wage will find that if he has a family of three and he’s the sole worker — he’ll find that his family is living below the poverty line even if he’s working 40 hours a week, 50 weeks a year,” Conway said...
NC unemployment rate up to 5.5 percent in April
Citizen Times online
North Carolina's labor force rose by 65,000 between February and April while the entire country grew by about 70,000 in that period, said Patrick Conway, chairman of the economics department at the University of North Carolina at Chapel Hill. The rapid growth in the number of people looking for work caused the small unemployment rate rise last month, he said. "People are coming back into the labor force after being discouraged," Conway said. "That unemployment is rising is an indication of people newly back in the job market and still looking for work. I interpret that in a positive way."...
Poverty in North Carolina since 2000: Structural and Cyclical ComponentsPoverty in North Carolina
2013 ABSTRACT: The incidence of poverty, as measured by the percentage of individuals with incomes below the national poverty threshold, was declining in North Carolina in the years 1959 through 2000. The trend, observed through the second half of the 20th Century, has been reversed since 2000 – the poverty rate returned in 2011 to a rate last observed in 1980 and has declined only modestly since then...
The Role of the IMF in the International Financial and Eurozone CrisesEconomic Crisis in Europe: What it Means for the EU and Russia
2013 On 23 September 2007, Dominique Strauss-Kahn was named the Managing Director of the International Monetary Fund (IMF). In his speech on that day (as reported in Weisman, 2007), he summarized the challenges facing the IMF as 'relevance and legitimacy'. Eighteen months later, the final communiqué of the Group of Twenty (G20) meeting of April 2009 (G20, 2009) voted to triple IMF lending capacity and authorized a substantial expansion in the stock of special drawing rights in circulation. By the end of 2010, the IMF had ...
Turkish Enterprise-level Response to Foreign Trade Liberalization: The Removal of Agreements on Textiles and Clothing QuotasUnited Nations Conference on Trade and Development
2013 Trade in textiles and apparel is of special interest among international trade transactions. Removal of the final Agreement on Textiles and Clothing (ATC) quotas in 2005 brought about a division of textile-and apparel-exporting countries into groups of winners and losers. Turkey appeared as a successful country from the former category. Based firm-level data our empirical results suggest that while Turkish enterprises were more successful than most in adapting to the post-quota market in textiles and apparel, their performance paled relative ...