International Affairs Fellowship in International Economics

The Program

The International Affairs Fellowship (IAF) in International Economics, sponsored by Kimberly Querrey, offers business economists as well as university-based economics scholars hands-on experience in the U.S. government to expand their range of thinking and work on international economic policy. Possible host placements for the fellowship appointment include but are not limited to the Federal Reserve Bank, International Monetary Fund, U.S. Department of the Treasury, U.S. Department of Commerce, and relevant parts of the White House. The IAF in International Economics aims to enrich the teaching, scholarship, and research of academics; inform the practice of business economists; and expose policymakers to cutting-edge scholarly research and academic debates.

The IAF in International Economics will not be accepting applications for the 2022–23 fellowship year. Interested applicants should check back in summer 2022 for updates.


  • Applicants must be U.S. citizens.
  • Applicants must be mid-career business economists or university-based economics scholars.
  • Applicants must have a demonstrated commitment to a career in international economics or a related field.
  • Applicants must hold an advanced degree in economics or a closely related discipline.
  • Preference is given to candidates with no significant previous work experience in the U.S. government or at an international organization.
CFR gave me a unique opportunity to participate in intellectual arguments about applying a range of research tools to policy issues. I feel privileged to be able to contribute to the most important debates on the global economy and to work alongside such talented people.
Valentina Bruno, Professor, American University (2019–20 IAF in International Economics)

Fellowship Award

The fellowship runs between six and nine months, beginning on a mutually agreeable date. The program awards a stipend of $190,000, as well as a modest allowance for relocation expenses. Fellows are considered independent contractors rather than employees of CFR and are not eligible for employment benefits, including health insurance.

CFR will work with each fellow to find a suitable placement for their fellowship year. However, all placements are made at the discretion of the host institution. CFR cannot guarantee placement at any particular agency, office, or organization.

Fellows seeking to spend the fellowship year working at a U.S. government agency likely will need to obtain a security clearance. The process for obtaining a security clearance can be lengthy, and the U.S. government alone determines when a clearance can be granted.  Placements at international organizations, academic institutions, think tanks, and on Capitol Hill typically do not require security clearances.

Selection Process

Selection as an IAF in International Economics is based on a combination of the following criteria:

  • scholarly qualifications
  • professional experience
  • firm grounding in international economic issues
  • contribution that the fellowship will make to the applicant’s career development

The selection process is highly competitive. A selection committee reviews all applications to identify the most promising candidates. Based on the overall application, the selection committee chooses one candidate to be the fellow. 

The IAF in International Economics Fellowship gave me the unique opportunity to sharpen the connections between research and current policy debates
Amit Khandewhal, Professor, Columbia Business School (2019–20 IAF in International Economics)

How to Apply

The program will not be accepting applications for the 2022–23 fellowship year. Interested applicants should check back in summer 2022 for further updates.

2021–22 Fellow

Francisco Rodríguez
Francisco Rodríguez

Visiting fellow, Kellogg Institute for International Studies, University of Notre Dame; director and founder, Oil for Venezuela


A list of former fellows can be found online by visiting Historical Roster of CFR’s International Affairs Fellows in International Economics.

Contact Us

For more information, please contact:

[email protected]