Research

NEW - in the Press

 Based on my paper “No One Saw This Coming”: Understanding Financial Crisis Through Accounting Models" , I wrote two comment pieces for the Financial Times (here and here) and for VoXEU . The paper was also discussed on numerous sites including Economist.com , seekingalpha.com  , Me Judice , internationaleconomics.net ) and in the press - ranging from The New Republic and the Dutch and Italian daily press to the Groningen University news magazine. The Dutch economists' discussion forum Me Judice also features a lively discussion.

 

COMMENTS IN THE PRESS

(2009) Lending must support the real economy. Financial Times, 5 november 2009

(2009) "No one saw this coming' - or did they? VoxEU, 30 September 2009

(2009) This is not a credit crisis, it's a debt crisis. Economic Affairs 29(3): 95-97

(2009) Why some economists could see it coming. Financial Times, 8 September 2009

(2009) No, c'e chi ha vista la crisi. Il Sore 24 Ore (in Italian), 9 September 2009

(2009) Deurwaarder spelen past EU lidtstaten niet. De Volkskrant (in Dutch), 31 Augustus 2009

 

WORKING PAPERS 

• "The Profit Puzzle", with G Tomasson
• ‘"No One Saw This Coming": Understanding Financial Crisis Through Accounting Models’
• ‘Credit and Crisis Through An Accounting Lens’
• ‘The Great Moderation: Credit and the Macroeconomy Reconsidered’
• ‘ ‘Disaggregated Credit Flows and Growth in Central Europe, with R Werner
• 'Social Capital, Creative Destruction and Economic Growth' with U Dulleck And P Frijters
• ‘World On Fire? Globalization, Democracy And Ethnic Violence’, with R Jong-A-Pin
• ‘Indigenous Slavery and Africa’s Long-Term Growth’ with J Bolt and R Lensink
• ‘Do PRSPs Help Achieve The MDGs?’ with A Eggen

 

ARTICLES PUBLISHED IN REFEREED JOURNALS

(2010) The Global Agricultural Exit Problem: An Empirical Assessment, with P Hazell and D Headey World Bank Research Observer, forthcoming

(2009) Coordination Risk And Cost Impacts On Economic Development In Poor Rural Areas, with A Dorward, J Kydd and C Poulton. Journal of Development Studies 45(7): 1093 - 1112

(2009) Colonial Institutions or Colonial Education? Explaining Long-Term African Growth, with J Bolt. Journal of Development Studies, 45(1): 24 - 54

(2008) Agriculture, Development and Urban Bias, with D Headey. World Development 36(8): 1342-1364

(2007) Poverty in Transition Countries.  East-West Journal of Economics and Business vol IX:1, pp 11-35

(2006) The Decline of Corporate Enterprises in Transitional Agriculture: Evidence from Lithuania, with D Stanikunas and R Zemeckis. Comparative Economic Studies, 48: 156-182

(2006) Regional Trade Integration and Foreign Direct Investment in Developing Countries, with DW Te Velde. Transnational Corporations , December 2006

(2005) Livelihoods and Farm Efficiency in Rural Georgia, with K. Balcombe, J. Davis and I. Fraser. Applied Economics 37(15):1737-1746

(2004) Rural Livelihoods in Armenia, with Z Lerman. Post-Communist Economies, 16 (3): 334-348

(2004) Risk and Agricultural De-Collectivisation, With Evidence from the Czech Republic. Economic Systems, 28 (1):1-21

(2003) Credit Allocation and Enterprise Structures in the Czech RepublicComparative Economic Studies (45), 25-43

(2002) De-Collectivization in Czech and Slovak Agriculture: An Institutional Explanation. Journal of Economic Issues 26(3), 1-23

(2002) Credit Markets for Post-Socialist Agriculture. Europe-Asia Studies 54 (8), 1301-1317

(2001) Post-Socialist Financial Fragility: the Case of Albania. Cambridge Journal of Economics 25(1) 1-23

 

OTHER ACADEMIC PUBLICATIONS

(2010) 'Do We Need An Economic of Accounting or an Accounting of Economics?' Fiducie, forthcoming

(2010) 'Credit Cycles'. In J Toporowski and J Michell (eds.) The Handbook of Critical Issues in Finance. Edward Elgar, forthcoming

(2010) 'Flow of Fund Models and Financial Instability Anticipations'. In: Dejuán, O, E Febrero and C Marcuzzo (eds.) The First Great Recession Of The 21st Century: Competing Explanations. Edward Elgar, forthcoming

(2010) The Human Costs of Financial Instability in Latvia. Forthcoming in: Tavasci, D and J Toporowski (ed.)  Minsky, Financial Development and Crisis. Palgrave MacMillan

(2008) Book review of ‘Policy Reforms and Agriculture Development in Central Asia, S. Djalalov, S.C. Babu (Eds.), Springer, Berlin. Economic Systems

(2008) Book Review of ' An East Asian Renaissance: ideas for economic growth’ by Homi Kharas & Indermit Gill, World Bank Publications, 2007. Asian-Pacific Economic Literature , forthcoming

(2007) Book Review of 'How Rich Countries Got Rich and Why Poor Countries Stay Poor’ by Erik Reinert. Journal of Development Studies, Vol.43 No.8

(2007) Book Review ‘The Evolution of Creditary Structures and Controls’, by G Gardiner, Journal of Economic Issues, XLI (3) : 888-889

(2006) ‘On Eagle’s Wings: The Albanian Economy in Transition’. Nova Science Publishers, New York. Forthcoming summer 2006

(2006) ‘The Ponzi Years: Growth But Not Development’, in: Bezemer, DJ (ed.) ‘On Eagle’s Wings: The Albanian Economy in Transition’. Nova Science Publishers, New York. Forthcoming summer 2006

(2006) ‘Introduction’, in: Bezemer, DJ (ed.) ‘On Eagle’s Wings: The Albanian Economy in Transition’. Nova Science Publishers, New York. Forthcoming summer 2006

(2005) Double Book Review of Bart Nooteboom, Trust. Forms, Foundations, Functions, Failures and Figures & Elias Khalil (Ed.), Trust, series 'Critical Studies in Economic Institutions', Journal of Socio-Economics 34(3): 421-424

(2004) Book Review of 'Consequences of Creating a Market Economy: Evidence from Household Surveys in Central Asia' by K Anderson and R Pomfret. Europe-Asia Studies, 57(7): 24-25

(2004) 'Bimodal Credit Systems in the Czech Republic'. In: Macey, D, W Pyle, and S Wegren (eds) Building Market Institutions in Post-Communist Agriculture: Land, Credit, and Assistace . Lexington Books, Lanham, MD, USA.

(2003) ‘The Rural Economy in Armenia’, with JR Davis. In: Spoor, M (ed) Transition, Institutions, and the Rural Sector, Lexington Books, Lanham, MD, USA

(2003) 'Diversification in Rural Bulgaria', with Kopeva D, S Davidova, M Gorton and H Chaplin. In: Spoor M (ed.) ‘Transition, Institutions, and the Rural Sector’, Lexington Books, Lanham, MD, USA

(2002) 'Russian Reforms: the Return of the Peasant?' In: Tavidze A (ed.): Progress in Economic Research. New York: NovaScience Publishers

(2002) 'The Post-Socialist Transformation of Agriculture in Central and Eastern Europe.' In: Tavidze A (ed.) Politics and Economics of Central and Eastern Europe. New York: NovaScience Publishers

(2001) ‘Structural Change in the Post-Socialist Transformation of Central European Agriculture’. Amsterdam: Thela Publishers

 

POLICY REPORTS

(2007) ‘The Global Exit from Agriculture: Regional Trends and Projections’, with Peter Hazell. Background Paper to the 2008 World Development Report Agriculture and Development.

(2005) OECD Review of Agricultural Policies: China (contributor). Paris: Organisation for Economic Co-operation and Development.

(2005) ‘Official Development Assistance to Agriculture’, with Catherine Arnold and Jamie Morisson. Working Paper for Guidelines on Agricultural Policies, United Kingdom Department for International Development, London at http://dfid-agriculture-consultation.nri.org/summaries/wp9.pdf  [PDF]

(2005) ‘Operationalizing Pro-Poor Growth in the 1990s’ (contributed as DFID team collaborator), at http://siteresources.worldbank.org/INTPGI/Resources/342674-1119450037681/Pro-poor_growth_in_the_1990s.pdf  [PDF]

(2004) 'The Development of the Rural Non-Farm Economy in Developing Countries and Transition Countries: Key Emerging and Conceptual Issues', with JR Davis. Natural Resources Institute, University of Greenwich at http://econwpa.wustl.edu/eprints/dev/papers/0510/0510017.abs

(2004) 'The Rural Non-Farm Economy and Poverty Alleviation in Armenia, Georgia and Romania: A Synthesis of Findings', with JR Davis, M Janowski and T Wandschneider. Natural Resources Institute, University of Greenwich at http://ideas.repec.org/p/wpa/wuwpdc/0510018.html

 

PRESENTATIONS AT CONFERENCES AND WORKSHOPS

'No One Saw This Coming": Understanding Financial Crisis Through Accounting Models’ presentation at Netherlands Bureau Of Economic Analysis, The Hague, 27 January 2010

'No One Saw This Coming": Understanding Financial Crisis Through Accounting Models’ presentation at Workshopof the Economic Society for the History of Economic Thought, Albacete, Spain, 21-22 January 2010

'Disaggregated Credit Flows and Growth in Central Europe', presentation at Conference '20 Years of Transition in Central and Eastern Europe: Money, Banking and Financial Markets', London, 17-18 September 2009

‘"No One Saw This Coming": Understanding Financial Crisis Through Accounting Models’ presentation at Workshop on 'Managing Financial Instability, Reykjavik, 3-5 September 2009

‘Indigenous Slavery and Africa’s Long-Term Growth’, Conference Paper presented at the Centre for the Study of African Economies, St Catherine’s College, University of Oxford, March 2009

‘Aid Effectiveness and Developmental States’ paper presented to the United Nations Economic Commission for Africa, Addis Ababa, November 2008

'Explaining the Great Moderation: Credit and the Macroeconomy Revisited', on Finance -Led Capitalism, Berlin, October 2007

'Today's Financial Investment Instruments', presentation at the Gearing Up for Growth Conference, Groningen, September 2007  

‘Determinants of a Credit Crisis', panel presentation at conference on 'Financial Crises in Capitalism', organised by Res Publica & Norwegian Institute for Strategic Studies, Oslo, August 2007

'Bank Credit and GDP in Transition Economies': Evidence from the Czech Republic’ Macroeconometric Workshop, German Institute for Economic Research, Berlin, December 2006

‘Do PRSPs help achieve the MDGs?’ 6^th Annual Conference 2006 on ‘’Cooperation of International Institutions for Related Global Issues" Centre for the Study of International Institutions, University of Innsbrueck, November 2006

‘Credit and Macroeconomics’ (chair & initiator of conference session)2^nd International conference, “Developments in Economic Theory and Policy”, University of Bilbao,July 2006

‘Poverty in Transition Countries’, Expert presentation at the Development Policy Regional Network meeting, The Hague, October 2005

‘Credit and Growth: An Application to the Czech Republic’. 9th workshop of the research network Alternative Macroeconomic Policies, Macroeconomics and macroeconomic policies - alternatives to the orthodoxy, Berlin, October 2005

‘Is Rural Income Diversity Pro-Growth? Is It Pro-Poor? Evidence from Georgia’. Verein für Socialpolitik, Research Committee, Development Economics Conference , Kiel , July2005

‘Constraint and Opportunities in India’sRural Diversification’ Development Studies Association Annual Conference, Glasgow, September 2003

 

 

RESEARCH SEMINAR PRESENTATIONS

‘Indigenous Slavery and Africa’s Long-Term Growth’ Paper presented at Reading University, March 2009

‘Indigenous Slavery and Africa’s Long-Term Growth’ Paper presented at the IEB&M seminar, Groningen University, March 2009

‘Aid Effectiveness in Africa Requires Good Policies - But What is Good?’ Research Seminar Bremen University of Applied Sciences, October 2008

‘Indigenous Slavery and Africa’s Long-Term Growth’ Paper presented at the UtrechtSchool of Economics, September 2008

‘The Agricultural Exit Problem‘, University of Groningen International Economics and Business Department, May 2008

Why Do Urban Biases Persist?' Research Seminar, DelhiSchool of Economics,February 2007

‘The Agricultural Exit Problem‘, Imperial College (University of London), October 2006

‘The Neglect of Agriculture in Development’, Overseas Development Institute London, February 2006

‘The Neglect of Agriculture in Development’, Imperial College (University of London), February 2006

‘Social Capital, Creative Destruction and Economic Growth’, University of Groningen International Economics and Business Department, May 2004

Rural diversification: Typology and Empirical Assessment’, Imperial College (University of London), May 2004

‘Risk and Restructuring in Transitional Agriculture’ American University of Beirut, March 2004

Social Capital , Creative Destruction and Economic Growth’, University College London, October 2003

Social Capital , Creative Destruction and Economic Growth’ Free University Berlin, June 2003

Rural Livelihoods in Transition: New Evidence’, Institute of Social Studies, The Hague, May 2003

‘Rural Livelihoods in Lithuania’ Humboldt University Berlin, February 2003