Aleksandr V. Gevorkyan, Ph.D.

Associate Professor
PhD, Economics, The New SchoolMPhil, Economics, The New SchoolMS, Economics, Louisiana State UniversityBS, International Trade & Finance, Louisiana State University
Dr. Aleksandr V. Gevorkyan is Henry George Chair in Economics and Associate Professor of Economics at the Department of Economics and Finance of the Peter J. Tobin College of Business at St. John’s University in New York City. Dr. Gevorkyan is a Senior Research Fellow at the Vincentian Centre for Church and Society and a Research Fellow at the Center for Global Business Stewardship. He is a Board Member at the Armenian Economic Association and a member of the Board of Trustees at the Henry George School of Social Science. Dr. Gevorkyan also serves as Economics Subject Matter Expert for the Permanent Observer Mission of the Holy See To the United Nations. Dr. Gevorkyan is also a member of the editorial boards at the Review of Political Economy, Review of Keynesian Economics, Armenian Journal of Economics, and Journal of Eastern European and Central Asian Research.

Dr. Gevorkyan’s teaching and research experience covers themes in open economy macroeconomics, macroeconomic policy, economic development, international financial economics, labor migration, and post-socialist transition economics.

Dr. Gevorkyan is the author of Transition Economies: Transformation, Development, and Society in Eastern Europe and the Former Soviet Union (Routledge, 2018). He is the editor of Foreign Exchange Constraint and Developing Economies(Edward Elgar, 2023) and a co-editor (with Otaviano Canuto) of Financial Deepening and Post-Crisis Development in Emerging Markets (Palgrave MacMillan, 2016). He is also the author of Innovative Fiscal Policy and Economic Development in Transition Economies (Routledge, 2013 in paperback; 2011 in hardcover). He is also the editor and translator of How Did I Survive? by Artavazd M. Minasyan (Cambridge Scholars Publishing, 2008).

For a complete list of publications and ongoing research please see

Teaching Interests

Business economics, Comparative economic systems, Economic development, Economics of global inequality, Economic history, Financial economics, International economics, Macroeconomics, Money and banking, Transition economies, Urban economics.

Research Interests

Central banks, Commodity markets, Diaspora, Economic development, Emerging markets, Exchange rate, Foreign exchange constraint, Macroeconomic policy, Mandated benefits, Labor migration, Open economy macroeconomics, Post-socialist transition, Sovereign debt.

Courses Taught


Select Publications

Journal Articles

Gevorkyan, A. V., and Issa, S. (2022). Optimal corporate leverage and speculative cycles: an empirical estimation. Structural Change and Economic Dynamics. vol. 62, pp. 478-491.

Gevorkyan, A. V. (2022). Diaspora and Economic Development: A Systemic View. The European Journal of Development Research. vol. 34, pp. 1522–1541.

Gevorkyan, A. V., and Assa, (2021). Poverty in “Transition”: 30 Years After and in the Pandemic. The American Journal of Economics and Sociology. vol. 80, pp. 1233-1258.

Gevorkyan, A. V. (2021). Can Diaspora Bonds Supercharge Development Investment?. Migration Information Source.

Gevorkyan, A. V., and Clark, C. M. (2020). Artificial Intelligence and Human Flourishing. American Journal of Economics and Sociology. vol. 79, pp. 1307-1344.

Gevorkyan, A. V. (2019). Exchange market pressure and primary commodity exporting emerging markets. Applied Economics. vol. 51, pp. 2390-2412.

Gevorkyan, A. V., and Khemraj, T. (2019). Exchange rate targeting and gold demand by central banks: modeling international reserves composition. Routledge: Emerging Markets Finance and Trade. vol. 55, pp. 168-180.

Gevorkyan, A. V. (2017). The foreign exchange regime in a small open economy: Armenia and beyond. Journal of Economic Studies. vol. 44, pp. 781-800.

Gevorkyan, A. V., and Kvangraven, I. H. (2016). Assessing Recent Determinants of Borrowing Costs in Sub-Saharan Africa. Review of Development Economics. vol. 20, pp. 721-738.

Gevorkyan, A. V. (2015). The legends of the Caucasus: economic transformation of Armenia and Georgia. International Business Review. vol. 24, pp. 1009–1024.

Bernard, L., Gevorkyan, A. V., Palley, T. I., and Semmler, W. (2014). Time Scales and Mechanisms of Economic Cycles: A Review of Theories of Long Waves. Review of Keynesian Economics. vol. 2, pp. 98-107.

Gevorkyan, A. V. (2012). Redefined fundamental uncertainty, fiscal rules, fiscal net, fiscal sustainability and emerging markets scenarios. Aestimatio, the IEB International Journal of Finance. vol. 5, pp. 126-161.

Gevorkyan, A. V., and Gevorkyan, A. (2012). Factoring Turbulence out: Diaspora Regulatory Mechanism and Migration Development Bank. International Migration. vol. 50, pp. 92-112.


Gevorkyan, A. V. (2018). Transition Economies: Development and Society in Eastern Europe and the Former Soviet Union. Oxford: Routledge. pp. 272.

Gevorkyan, A. V., and Canuto, O. (2016). Financial Deepening and Post-Crisis Development in Emerging Markets. Palgrave Macmillan. pp. 270.

Gevorkyan, A. V. (2011). Innovative Fiscal Policy and Economic Development in Transition Economies. Routledge (Taylor & Francis).

Books Chapters

Gevorkyan, A. V., and Gevorkyan, A. (2016). Modeling Climate Change Effects on Renewable and Non-Renewable Resources. In: Dynamic Modeling, Empirical Macroeconomics, and Finance: Essays in Honor of Willi Semmler. Springer International Publishing. pp. 121-136.

Gevorkyan, A. V. (2015). Economic crisis. In: Wiley Encyclopedia of Management (Vol. 6). John Wiley & Sons. pp. 1-5.


Canuto, O., and Gevorkyan, A. V. (2016). Tales Of Emerging Markets. Roubini Economonitor.

Gevorkyan, A. V., and Canuto, O. (2015). Toward a Migration Development Bank for Transition Economies. Huffington Post.