Michael Lloyd graduated in political economy at Trinity College, Cambridge. He also has a Diploma in Social Studies from the University of Oxford, and a Honorary Doctorate from the University of Plymouth. He has wide experience as an applied economist in industry and in European international organisations and as an economic adviser, notably as Economic Adviser on Economic and Monetary Union to the European Parliament in 1998, covering preparations for the launch of the Euro in 1999. His experience includes posts as an economist with the UK Trades Union Congress between 1970 and 1973; as a permanent official of the European Commission, 1973 to 1980; as International Director of British Shipbuilders, 1980 to 1984; as a Managing Director of his own Economic Consultancy company from 1984 to 1997, specialising on EU economic and social policies and impacts; as Economic Adviser to the European Parliament, 1998; as Director of the AMRIE, Brussels, covering a wide range of transport and regional economic projects for the European Commission research and technology programmes, 1999 to 2008
Michael is currently (from 2008) a Senior Research Fellow, at the Globall Policy Institute, London. His specialisms are monetary economics, the economics of European integration, the economics of innovation, and transport economics. In 2009 he published The Euro and the UK: The Political Economy (Forum Press) and is currently writing a book on ‘An Alternative Political Economy’. As Director of his company LCA Europe Limited, Michael was also a partner (with 5 European Universities) in a two-year EU research project (INNOSUTRA) looking at innovation in the surface transport sector across Europe. This project was successfully completed in January 2012. He prepared the GPI submissions to the UK Independent Banking Commission; analysed the IBC Final Report (the Vickers Report), and is now lecturing on banking regulatory issues. Michael has also prepared a number of articles on the Eurozone crisis and other topical economic issues, including two articles on the reform of Credit Rating Agencies, particularly in relation to sovereign debt rating.
1. Financial and Monetary Economics (including Banking Reforms and CRAs)
2. European Union Economic Policy (including the Eurozone Crisis and Competition Policy
3. Innovation, particularly in relation to transport systems (e.g. e-Freight)
4. Regional Economics (including regeneration policies)