The negative consequences of the deep Belarusian currency crisis of 2011
As of today, a majority of the negative consequences of the deep Belarusian currency crisis of 2011 seem to have been realized. Hence, the Belarusian economy is now ‘purified’ from main macroeconomic distortions and has a chance for sustainable long-term growth. Nevertheless, there are signals that some nominal and real inertia may generate new shocks for the national economy. From this view, the money market is of great concern, while interest rates signal maintained high inflation expectations. High and unstable expectations may entrap monetary policy and generate new shocks for the Belarusian economy. In this policy brief, the author deals with a visualization of inflation expectations and argue for the necessity of a new nominal anchor in order to stabilize expectations for future periods.
The State Department of the United States of America and the U.S. Embassy in Bishkek are pleased to announce the new competition for Fulbright Foreign Student Program in Central Asia for two-year master’s degrees beginning in academic year 2014-2015. The Fulbright Foreign Student Program enables graduate students, young professionals, and artists from abroad to research and study in the United States for one year or longer. The Fulbright Visiting Student Program is open to Kyrgyz university graduates in the arts, engineering, natural sciences, humanities and social sciences.
The State Department of the United States of America and the U.S. Embassy in the Kyrgyz Republic are pleased to announce that applications are now available for 2014-2015 Hubert H. Humphrey Fellowship Program. It brings accomplished mid-level professionals to the United States for a year of graduate-level non-degree academic coursework and professional development activities. By providing future leaders and policy makers with experience in U.S. society, culture, and professional fields, the program provides a basis for lasting, productive ties between Americans and their professional counterparts overseas.
Criteria for eligibility - Applicants must:
be citizens of Kyrgyzstan
have a University degree
five years of substantial professional experience
demonstrated leadership qualities and a record of public service
Every year the Think Tank Fund selects upto ten young, talented researchers from the fund's target countries. Each successful applicant will spend upto three months in one of the leading think tanks in Central and Eastern Europe. Applicants are required to be permanent residents in one of the following countries: Albania, Armenia, Azerbaijan, Bosnia & Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Georgia, Kosovo, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Slovakia, Slovenia, Ukraine, and Serbia.
The HSE Center for Market Studies and Spatial Economics (HSE CMSSE) is organizing a second conference “Industrial Organization and Spatial Economics”. Topics of interest include: industrial organization, spatial economics, imperfect competition, international trade, urban economics, and new economic geography. The language of the conference is English. Researchers working in the above fields are invited to submit papers for presentation at the conference. Both empirical and theoretical papers will be considered. Papers focusing on mathematical modeling are most welcome. Deadline: May 20, 2013
The International Conference on Eurasian Economies aims at bringing together academicians and decision makers involved in research about Eurasian countries in a forum to discuss current and future economic and social issues of the region. Topics of discussion will include economic integration, regional cooperation and international trade under globalization, sustainable growth and development, transition economics, finance, energy and natural resources as well as environment. Deadline: May 31, 2013.
HSE and EUSP co-organize a three-day workshop in St Petersburg. The purpose of this workshop is to promote the use of advanced economic analysis (both theoretical and applied) in the fields of natural resources, urban economics, the environment, industrial organization, and their mutual interactions. The objective is to gather a set of high-quality contributions that illustrate how methodological tools and concepts developed in economics can be used to tackle and analyze these issues. Papers with a main emphasis on new methodological aspects are particularly welcome. Deadline: June 1, 2013.
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