Liliana Schumacher is a senior economist with the IMF. She has written extensively on topics related to financial stability, bank runs, bank performance and stress testing. Her papers were published as IMF working papers and by peer-reviewed economic and finance journals. She has led the Guatemala, Paraguay, Kosovo and Armenia FSAPs and acted as deputy in past Singapore, Sweden and Spain and Latvia FSAPs. She has also been the stress tester in many FSAPs. Before joining the IMF, she was assistant professor of International Business at George Washington University. She holds a PhD in Economics from the University of Chicago.