The Center for Emerging Markets had another good year, despite cutbacks in government funding for international education and transitions within the school. The number of faculty associates continued to grow to over 60, from across the colleges of business, law, social sciences, and criminology. The Center's reputation for applied research continues to strengthen, thanks to the expanding publications of its faculty associates and the prizes their research is winning. There has also been an increase in the number of academics interested in spending time at CEM as visiting scholars.
Opportunities for students to study and work in emerging markets have also grown, because of field study trips organized by CEM faculty associates, including several done as part of NU's signature Dialogue of Civilizations program. The Center organized a number of events for students and the business community, including a talk by the WTO's Deputy Director General. We were delighted that Massachusetts Governor Deval Patrick inaugurated the 2012 Emerging Markets symposium in July 2012, underlining the growing importance of these economies to the Bay state and the U.S.
CEM's strong foundations were laid by the late dean Thomas Moore, and it is sustained by the passion and energy of its faculty associates. We look forward to taking CEM to greater heights under dean Hugh Courtney.