He received a Ph.D. in Ecological Economics from Rensselaer Polytechnic Institute, a M.S. in Financial Economics with a Certificate of Graduate Studies in Regulatory Economics from SUNY at Albany, and a B.S. in Mathematics from Rensselaer Polytechnic Institute. In addition, he has been a Senior Fulbright Fellow and is a Honorary Member of the Scientific Council of the Romanian National Academy of Science: National Institute for Economic Research, Institute of Economic Forecasting.