Panicos Onisiphorou Demetriades (Greek: Πανίκος Ονησιφόρου Δημητριάδης; born 19 January 1959 in Limassol, Cyprus) is a Cypriot economist and currently the Emeritus Professor of Financial Economics at the University of Leicester.
During his studies at Cambridge Demetriades won the Stevenson Prize in Economics, awarded in recognition of his work on the relationship between the level and variability of inflation.
The post involves membership of the European Central Bank's Governing Council, the independent body responsible for monetary policy in the euro area.
Demetriades, resigned from this post in April 2014, following tensions with the government of Nicos Anastasiades, which was elected to handle the country's bailout in March 2013.
Specifically, he shows that public investment can actually promote the productivity of the private sector and stimulate trade, employment and long run growth.