Aleksandr Gevorkyan

Aleksandr Gevorkyan

Queens, New York, United States
2K followers 500+ connections

About

Aleksandr V. Gevorkyan is a macroeconomist working on open economy macroeconomics and…

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Publications

  • Diaspora networks?

    In Sven Horak (ed) Informal Networks in International Business Bingley: Emerald Publishing Limited, pp. 55-73.

  • Optimal corporate leverage and speculative cycles: an empirical estimation

    Structural Change and Economic Dynamics

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  • Diaspora and Economic Development: A Systemic View.

    The European Journal of Development Research, Vol. 34: 1522–1541

  • Transition Economies: Transformation, Development, and Society in Eastern Europe and the Former Soviet Union

    Routledge

    This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical.

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  • Financial Deepening and Post-Crisis Development in Emerging Markets Current Perils and Future Dawns

    Palgrave MacMillan

    This collection empirically and conceptually advances our understanding of the intricacies of emerging markets’ financial and macroeconomic development in the post-2008 crisis context. Covering a vast geography and a broad range of economic viewpoints, this study serves as an informed guide in the unchartered waters of fundamental uncertainty as it has been redefined in the post-crisis period. Contributors to the collection go beyond risks-opportunities analyses, looking deeper into the nuanced…

    This collection empirically and conceptually advances our understanding of the intricacies of emerging markets’ financial and macroeconomic development in the post-2008 crisis context. Covering a vast geography and a broad range of economic viewpoints, this study serves as an informed guide in the unchartered waters of fundamental uncertainty as it has been redefined in the post-crisis period. Contributors to the collection go beyond risks-opportunities analyses, looking deeper into the nuanced interpretations of data and economic categories as interplay of developing world characteristics in the context of redefined fundamental uncertainty. Those concerns relate to the issues of small country finance, the industrialization of the developing world, the role of commodity cycles in the global economy, sovereign debt, speculative financial flows and currency pressures, and connections between financial markets and real markets. Compact and comprehensive, this collection offers unique perspectives into contemporary issues of financial deepening and real macroeconomic development in small developing economies that rarely surface in the larger policy and development debates.

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  • Assessing Recent Determinants of Borrowing Costs in Sub-Saharan Africa

    Review of Development Economics

    This study explores macroeconomic implications of the sovereign bond rush that has been taking place in sub-Saharan Africa since 2006. The focus is on the sub-Saharan sovereign bond yields as proxies for the region's ability to raise new funds on international markets. Despite the subcontinent's tour-de-force entrance to the international bond market, this paper reveals that recent (since early 2000s) borrowing in foreign currency is not without macroeconomic risk. Empirically this paper finds…

    This study explores macroeconomic implications of the sovereign bond rush that has been taking place in sub-Saharan Africa since 2006. The focus is on the sub-Saharan sovereign bond yields as proxies for the region's ability to raise new funds on international markets. Despite the subcontinent's tour-de-force entrance to the international bond market, this paper reveals that recent (since early 2000s) borrowing in foreign currency is not without macroeconomic risk. Empirically this paper finds that sovereign bond yields are significantly influenced by global volatility, commodity prices and global liquidity—all factors that are out of the control of the sub-Saharan economies in question. These findings suggest that portfolio repositioning by institutional investors prompted by improved growth prospects and implicit monetary policy tightening in the advanced economies or heightened risk perceptions, are likely to result in increased borrowing costs for the sub-Saharan bond issuers and affect their ability to raise funds in international markets. Furthermore, a change in borrowing costs might lead to higher debt-service costs and policy uncertainty, which in turn could lead to suboptimal investment levels and, ultimately, hinder economic development.

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  • Innovative Fiscal Policy and Economic Development in Transition Economies

    Routledge

    This book explores the problems of fiscal policy as an instrument of economic and social development in the modern environment, primarily focusing on the transition economies of Eastern Europe, Caucasus, and Central Asia. Evaluating the transformational experience in these countries, this work meets a need for a critical analysis in the aftermath of the 1990s market liberalization reforms, of current trends and to outline the roadmap for future development.

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  • How Did I Survive? by Artavazd M. Minasyan

    Cambridge Scholars Publishing

    Covering the period of approximately eighty years from the early 1910s to the early 1990s the narrative coincides with the author’s life-journey, touching upon every significant event of the time and the author’s personal involvement in each case. These situations are not told in simple chronological enumeration, but are enriched with complex nuances. They are analyzed through the prism of time and the author’s adherence to dialectical critique. Hence one man’s life becomes the reflection of…

    Covering the period of approximately eighty years from the early 1910s to the early 1990s the narrative coincides with the author’s life-journey, touching upon every significant event of the time and the author’s personal involvement in each case. These situations are not told in simple chronological enumeration, but are enriched with complex nuances. They are analyzed through the prism of time and the author’s adherence to dialectical critique. Hence one man’s life becomes the reflection of the life of the entire country. In this book it happens to be the life of Professor Artavazd M. Minasyan, whose dedication to his family, country, and science was far greater than words could describe.

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