Dr Kobil Ruziev

Lecturer in Economics
BA (Tashkent Institute of Finance), MA (Vanderbilt), PhD (Stirling), PGCTHE (Aberystwyth) Photograph of Dr Kobil Ruziev.

Contact

Email: kkr@aber.ac.uk
Office: Room F9, Cledwyn Building
Phone: +44 (0)1970 62 2522

Biography

Kobil Ruziev obtained his first degree from the Tashkent Institute of Finance in Uzbekistan, where he studied Economics with Banking. He studied at Vanderbilt University in Nashville, TN in the USA for his MA in Economics. He obtained his PhD in Economics from Stirling University, Scotland. Prior to joining Aberystwyth University, Kobil worked as a part-time teaching assistant at Stirling and at the Heriot-Watt University, Edinburgh. He also worked for the National Bank of Uzbekistan.

His current lecturing commitments cover Intermediate Macroeconomics, Advanced Macroeconomics, European and International Monetary Systems, Emerging Financial Markets, Introduction to Econometrics, and Empirical Methods in Finance. He coordinates postgraduate programmes (MSc) in Accounting and Finance, and International Finance.

He has research interests in the areas of transformation of the economies of the former Soviet Union, money and banking in emerging economies, post-Keynesian and institutional economics.

Staff Publications

Recent Publications

  • Keeping up with Revolutions: Evolution of Higher Education in Uzbekistan, Economic Change and Restructuring, 2010, Volume 43, No 1, pp 45-63 (with T. Majidov and D. Ghosh).
  • Banking Sector Development in Uzbekistan: A Case of Mixed Blessings?, Problems of Economic Transition, Volume 52, No 2, pp 3-42 (with D. Ghosh).
  • A Stages Approach to Banking Development in Transition Economies, Journal of Post Keynesian Economics, 2008, Volume 31, No 1, pp 3-35 (with D. Ghosh and S.C. Dow).
  • The Uzbek Puzzle Revisited: An Analysis of Economic Performance in Uzbekistan Since 1991, Central Asian Survey, 2007, Volume 26, No 1, pp 7-30 (with D. Ghosh and S.C. Dow).
  • The Role and Importance of Privatization in the Banking Sector, Market, Money and Credit (Bozor, Pul, va Kredit), Issue 72, No 11, 2001 (with S. Abdullaeva).
  • Thoughts on Eliminating the Difference between Cash Money and Non-cash Money in Uzbekistan. In Abdullaeva, S. (Ed). Selected Papers from the International Conference on Monetary Policy and Banking during Transition.  Tashkent: TIF Press. July, 2001. 

Conference Papers

  • The Effect of the Global Financial Crisis on the Central Asian Countries: the Case of Kazakhstan, the Kyrgyz Republic, and Uzbekistan.  International Conference "Finance in Question/Finance in Crisis", University of Manchester, 12-14 April 2010 (with D. Ghosh and T. Majidov).
  • Cost-determined and Demand-determined Prices: Lessons for the Industrialised World from Development Economics, 12th Conference Research Network Macroeconomics and Macroeconomic Policies (RMM) on Macroeconomic Polices on Shaky Foundations – Whether Mainstream Economics?, 31 October – 1 November 2008, Berlin, Germany (with D. Ghosh).
  • The Uzbek Puzzle Revisited: An Analysis of Economic Performance in Uzbekistan since 1991, presented at the 8th Annual Conference of the Central Eurasian Studies Society (CESS), October 2007, Seattle, WA, USA (with D. Ghosh and S.C. Dow).
  • A Stages Approach to Banking in Transition Economics, European Association for Evolutionary Political Economy (EAEPE), November 2006, Istanbul, Turkey (with D. Ghosh and S.C. Dow).
  • Evolution of Money and Banks in Transition Economies: The Case of Uzbekistan, Emerging Markets: Financial and Economics International Conference, September 2006, Istanbul, Turkey (with D. Ghosh and S.C. Dow).
  • The Uzbek Puzzle Revisited, Managing Economic Transition Network (MET), 18th Research Seminar, January 2006, Leeds Metropolitan University, Leeds (with D. Ghosh).
  • Development of a Monetary Economy in Uzbekistan during Transition: Current Problems and Future Prospects. The Scottish Graduate Programme in Economics, 2005 Reading Weekend, January 2005, Dunblane, Scotland.
  • Role of Money in Uzbek Economy: Transition from a Barter Economy into a Monetary One?, Post Keynesian Economics Study Group Spring Meeting, May 2004, Downing College, Cambridge University, Cambridge.
  • Money and Banking in Transition Economies, Workshop on the Role of Financial Markets in Transition Economies, February 2004, University of Stirling, Stirling, Scotland.
  • Role of Money in Uzbekistan: A Post Keynesian Analysis, Development Studies Association Workshop, May 2003, Strathclyde University, Glasgow, Scotland.

Working Papers

  • Informal Credit Institutions in Transition Countries: A Study of Urban Money-lenders Post-Communist Uzbekistan (mith P. Midmore).  This research is funded by the British Academy.
  • Informal Credit Institutions in Post-Communist Uzbekistan.  Source for Investment or Distress Borrowing? (with P. Midmore).  This research is funded by the British Academy.
  • The Effect of the Global Financial Crisis on the Central Asian Countries: the Case of Kazakhstan, the Kyrgyz Republic, and Uzbekistan (with D. Ghosh and T. Majidov).
  • Cost-Determined and Demand-Determined Prices: Lessons for the Industrialised World from Development Economics (with D. Ghosh).
  • Banking Sector Reforms in Transition Economies: Intentions and Unintended Consequences (with D.Ghosh and S.C. Dow).