Pressures to comply with sovereign debt obligations and maintain the sovereign rating may also emerge from the domestic business (and to some extent, political) interest groups. proseontherocks.substack.com/p/debt-in-th...
Aleksandr V. Gevorkyan
@avgevork.bsky.social
Economist. Author of #TransitionEconomies. Work on open economy macro / development; econ hist; post-socialist; #diaspora economics || hiking || w: agevorkyan.com
Once in transition, always in transition? My substack on the publication of the Mexican edition of #TransitionEconomies
Aleksandr V. Gevorkyan@avgevork.bsky.social · 2w ago...it would be at such point of structural stability, if ever attainable, that broader social and capital inclusivity in the economic process becomes possible. But the progress will be gradual and, if done properly, likely requiring significant strategic state involvement... [link in comments]
...it would be at such point of structural stability, if ever attainable, that broader social and capital inclusivity in the economic process becomes possible. But the progress will be gradual and, if done properly, likely requiring significant strategic state involvement... [link in comments]
...it would be at such point of structural stability, if ever attainable, that broader social and capital inclusivity in the economic process becomes possible. But the progress will be gradual and, if done properly, likely requiring significant strategic state involvement... [link in comments]
In these ever unusual times of ours every bit of positive news brings a whole lot of sunshine ))) HOT of the PRESS! The Mexican edition of Transition Economies 1st published by Routledge in English in 2018 and now in Spanish by Fondo de Cultura Económica is out! The url in comments
In these ever unusual times of ours every bit of positive news brings a whole lot of sunshine ))) HOT of the PRESS! The Mexican edition of Transition Economies 1st published by Routledge in English in 2018 and now in Spanish by Fondo de Cultura Económica is out! The url in comments
Pressures to comply with sovereign debt obligations and maintain the sovereign rating may also emerge from the domestic business (and to some extent, political) interest groups. proseontherocks.substack.com/p/debt-in-th...
For foreign exchange-strapped developing nations borrowing in the international capital markets, comparative ratings of their debt profile determine whether a country appears on the global investors’ map or not. open.substack.com/pub/proseont...
Debt in the mountains: few thoughts on the recent credit ratings updates of Armenia and Georgia
With new sovereign credit rating outlooks for Armenia and Georgia, there is a lot to be gained but even more so that is at stake in hopes for macroeconomic prosperity.
open.substack.com
For foreign exchange-strapped developing nations borrowing in the international capital markets, comparative ratings of their debt profile determine whether a country appears on the global investors’ map or not. open.substack.com/pub/proseont...
Debt in the mountains: few thoughts on the recent credit ratings updates of Armenia and Georgia
With new sovereign credit rating outlooks for Armenia and Georgia, there is a lot to be gained but even more so that is at stake in hopes for macroeconomic prosperity.
open.substack.com
Trust, Credit, and the Alchemy: reciew of Mervyn King’s The End of Alchemy open.substack.com/pub/proseont...
Trust, Credit, and the Alchemy: review of Mervyn King’s The End of Alchemy
King walks the reader through the actual process by which money is created through the extension of credit, to show that this system of trust and belief is no more than a pretense of a good game.
open.substack.com
about the future, as we are reminded by JM Keynes “[w]e simply do not know.” Uncertainty then is omnipresent and the “regret the least” economic action may indeed be the best option consistent with the economic policy priorities at any given time. proseontherocks.substack.com/p/uncertaint...
NEW! A comment on @brankomilan.bsky.social ‘s The Great Global Transformation... Perhaps the book may inspire a fairer, balanced, a calmer world… although, somewhat paradoxically, today this sounds more as a hope from the tumultuous 1990s. more here: proseontherocks.substack.com/p/nationalis...
“A sovereign state willingly takes on responsibility for the well-being of its compatriots living abroad, no questions asked. Indeed, this is a lesson to be learned across emerging markets and developing economies.” proseontherocks.substack.com/p/a-small-co...
“A sovereign state willingly takes on responsibility for the well-being of its compatriots living abroad, no questions asked. Indeed, this is a lesson to be learned across emerging markets and developing economies.” proseontherocks.substack.com/p/a-small-co...
"The participatory approach in devising Ireland’s Diaspora Strategy is a sign of Ireland’s institutional maturity as well as its diaspora’s strong involvement in the island’s long-term prosperity." My impressions on Ireland's Diaspora Strategy proseontherocks.substack.com/p/a-small-co...
A small country with a big nation strategy and an even greater diaspora promise: Ireland
The participatory approach in devising Ireland’s Diaspora Strategy is a sign of Ireland’s institutional maturity as well as its diaspora’s strong involvement in the island’s long-term prosperity.
proseontherocks.substack.com
"...all that glitters is gold..." Curious what's happening in the #gold markets? Central banks across emerging markets are the leading drivers of the global international markets. Read more: open.substack.com/pub/proseont...
To gold or not to gold: a central bank dilemma…
Why would central banks hold gold? Targeting exchange rate is back in fashion.
open.substack.com
Adding some final touches… six years since the project’s inception! Request for your libraries: The Oxford Handbook of Post-Socialist Economies. And many thanks to all authors and all who supported this work. Read individual chapters here doi.org/10.1093/oxfo...
Adding some final touches… six years since the project’s inception! Request for your libraries: The Oxford Handbook of Post-Socialist Economies. And many thanks to all authors and all who supported this work. Read individual chapters here doi.org/10.1093/oxfo...
Join us at Henry George School of Social Science for a conversation on #AI & our daily lives; the growing fears of AI in the labor markets, confusion in education sector, challenges and opportunities all across! At 6:30PM EDT Tuesday, April 28, 2026 register here www.hgsss.org/webinar/prog...
What is THE one book to gift to an undergraduate student majoring in #Economics? [image source: ChatGPT]
New Substack - To gold or not to gold: a central bank dilemma… Why would central banks hold gold? Targeting exchange rate is back in fashion and it helps to have the gold to do it - revisiting central banks' strategies... Read more here: proseontherocks.substack.com/p/to-gold-or...
New Substack - To gold or not to gold: a central bank dilemma… Why would central banks hold gold? Targeting exchange rate is back in fashion and it helps to have the gold to do it - revisiting central banks' strategies... Read more here: proseontherocks.substack.com/p/to-gold-or...
From the WB-ECA - industrial policy is now in fashion... That's in contrast with the "let the market decide on its own & ignore the collateral damage (de-industrialization, poverty, inequality)" of the 1990s transition times... Some related thoughts proseontherocks.substack.com/p/de-industr...
Just a reminder that #diaspora is an inherently complex heterogeneous concept defined by its nonlinearities…. Nothing is guaranteed as far as home country engagement. More in here agevorkyan.com/diaspora/
Some interesting trends in #TransitionEconomies #inequality (tks to @ourworldindata.org for making it easy to put these together): inequality is relatively high BUT it was higher (1995 vs 2024) measured w/Gini. Big surprises are probably Latvia, Lithuania in 2024...
Some interesting trends in #TransitionEconomies #inequality (tks to @ourworldindata.org for making it easy to put these together): inequality is relatively high BUT it was higher (1995 vs 2024) measured w/Gini. Big surprises are probably Latvia, Lithuania in 2024...
What de-industrialization looks like in the small post-socialist economies... + rising income #inequality.... new substack proseontherocks.substack.com/p/de-industr...
What a positioning!:) Amazon and its unbeatable algorithms... So, please, go ahead, do it! ))) buy them both:) url here b/ @bsky.app says they don’t downgrade :) goo.gl/HGy6pt
