Dr. Okey O. Ovat is a senior lecturer in the Department of Economics, University of Calabar. He holds a BSc, MSc and PhD degrees in Economics. His research interest is in Monetary Economics, Development Economics and Economic theory. He is a member of many professional societies, such as Nigerian Economic Society (NES), Research and Development Network, etc. He has published widely in both local and foreign journals. He is Currently the head, Department of Economics, University of Calabar.