Roberto Velasco (Bilbao, 1940) is a professor of Applied Economy at the University of País Vasco. He has been director of the Society for the Industrial Promotion and Re-conversion of the País Vasco (SPRI), director of the Circle of Basque Businessmen, and board member of various companies, both public and private. For years he has worked as a regular consulter to the Interamerican Bank of Development (BID), the OCDE, and the European Committee. From the many scientific books and articles that he has published, the most recent are Los economistas en su laberinto (Economists in Their Labyrinth, 1996), La creación de empresas en España (The Creation of Enterprises in Spain, 1998), and Política industrial de las comunidades autónomas (Political Industry of the Autonomous Communities, 2001). He is a regular contributor to the opinion and economy sections of El País and of the newspapers in El Correo group.