Waltraud Schelkle is Professor in Political Economy at the European Institute and has been at LSE since autumn 2001, teaching courses on the political economy of European integration at MSc and PhD level. She is an Adjunct Professor of economics at the Economics Department of the Free University of Berlin where she did a post-doctorate degree (Habilitation) in 1999 with a thesis on "The new theory of monetary integration" (published in German in 2001). Dr Schelkle is also a (non-resident) Senior Fellow at the American Institute for Contemporary German Studies (AICGS), Johns Hopkins University, Washington D.C. and Chair of the Advisory Board of the Centre for Social Policy Research (Zentrum für Sozialpolitik) in Bremen.
She has previously worked as a development economist, from 1989-2002 as a staff member of the German Institute of Development in Berlin with a research focus on the financial system in development and doing her first PhD on India's development as a monetary economy since Independence (London 1994). Other earlier appointments include two Research Fellowships at Johns Hopkins University, Washington, DC, and Visiting Professor of International Economic Relations at the Free University of Berlin before coming to London. Her research interests are the evolving economic governance of EMU and social policy reforms directed at financial markets.
Political Economy of monetary integration, understood as a form of inter-state risk sharing; a book on “The political economy of monetary solidarity: understanding the experiment of the euro” has been completed in January 2016 and will be published with Oxford University Press. Welfare state reform, encompassing the restructuring of social risk management induced both by market creation and integration in Europe and by the macroeconomic framework in the monetary union, with a specific interest in how financial regulation is now used for social policy purposes. Current projects include work on the independence of central banks (with Deborah Mabbett) and on pension systems after the crisis (collaborative research project with the Hertie School of Governance).