July 18, 2022

The Impact of the Russian Invasion on the Ukrainian, Russian, and Global Economies: A Conversation Revisited

Showing the The Impact of the Russian Invasion on the Ukrainian, Russian, and Global Economies (Revisited) Video

In March 2022, leading economists and regional experts Sergei Guriev and Tymofiy Mylovanov discussed the economic implications of Russia’s invasion of Ukraine, launched on February 24, 2022. Their highly illuminating discussion considered the complexities of supply chains, global food security, the two countries' economic futures, and more. Four months later, with the economic toll on the world’s economies and the humanitarian cost imposed on Ukraine and the surrounding regions continuing to grow, we reunited these two experts to share their views of the current status of this crisis. Alejandro Werner, founding director of the Georgetown Americas Institute, moderated the conversation.

This event was co-sponsored by the Georgetown University Global Economic Challenges (GEC) Network, the Centre for Economic Policy Research (CEPR), and Solvay Brussels School of Economics and Management (Université Libre de Bruxelles).

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Prof. Sergei Guriev is a professor of economics and director of graduate programs in economics at Sciences Po, France. He is currently serving as a research fellow and the leader of the Research and Policy Network on Populism at the Centre for Economic Policy Research, London. For 15 years, he was a tenure-track faculty member of the New Economic School, Moscow, including serving as its rector from 2004 until 2013. From 2016 to 2019, he was the chief economist at the European Bank for Reconstruction and Development. Guriev has also held appointments at the Moscow Institute of Physics and Technology, Moscow State University, Computing Center of the Russian Academy of Science, Massachusetts Institute of Technology, and Princeton University. Guriev has published more than 40 research articles and 15 book chapters; his book Spin Dictators: The Changing Face of Tyranny in the 21st Century (co-authored with Daniel Treisman) is forthcoming from Princeton University Press in spring 2022. Guriev graduated from Moscow Institute of Physics and Technology (MIPT) with a Master of Science degree, summa cum laude. In 1994, he received a Ph.D. in physics and mathematics. In 2002 he became a doctor of science in economics (habilitation degree).

Tymofiy Mylovanov is the president of Kyiv School of Economics and associate professor of the University of Pittsburgh. From October 2016 to August 2019 he was deputy chairman of the Board of the National Bank of Ukraine. He subsequently served as minister of economic development, trade and agriculture of Ukraine from August 2019 to March 2020. During his professional career, he has taught at European and American universities, including Rheinische Freidrich-Wilhelms-Universität Bonn, University of Pennsylvania, and University of Pittsburgh. Mylovanov’s research interests cover such areas as theory of games and contracts, institutional design. His articles on these topics have been published in the leading international academic magazines, including Econometrica, American Economic Review, and the Review of Economic Studies. During the Revolution of Dignity, he helped found the VoxUkraine platform to increase the level of economic discussion in Ukraine. Mylovanov graduated from Kyiv Polytechnic Institute in 1997 and from Kyiv-Mohyla Academy in 1999. In 2004 he received his Ph.D. in economics at the University of Wisconsin-Madison.

Alejandro Werner (moderator) is the founding director of the Georgetown Americas Institute and a non-resident senior fellow at the Peterson Institute. He recently completed almost nine years as director of the Western Hemisphere Department at the International Monetary Fund. Prior to that appointment, he rose to undersecretary in Mexico’s Finance Ministry and taught at leading universities in Mexico, Spain, and the United States. He earned his Ph.D. in economics at the Massachusetts Institute of Technology in 1994.