University of the West of England, UK
IZA World of Labor role
Associate Head of the Accounting, Economics and Finance Department, University of the West of England; Senior Economics Lecturer, University of the West of England
Banking development and financial reform in emerging economies, SME access to formal finance, institutional economics
Economics Lecturer, Aberystwyth University, 2006–2013
PhD Economics, University of Stirling, 2006
"Higher education in Uzbekistan: Reforms and the changing landscape since independence." In: Huisman, J., A. Smolentseva, and I. Froumin (eds). 25 Years of Transformations of Higher Education Systems in Post-Soviet Countries: Reform and Continuity. London: Palgrave, 2017 (with U. Burkhanov).
"Higher education reforms in Uzbekistan: Expanding vocational education at the expense of higher education?" Higher Education in Russia and Beyond 8:2 (2016):14–15 (with U. Burkhanov).
"Connectedness and SME financing in post-communist economies: Evidence from Uzbekistan." Journal of Development Studies 51:5 (2015): 586–602 (with P. Midmore).
"Cost-determined and demand-determined prices: Lessons for the globalized world from development economics." In: Ruziev, K., and N. Perdikis (eds). Development and Financial Reform in Emerging Economies. London: Pickering & Chatto, 2014; pp. 57–65 (with D. Ghosh).
"A re-evaluation of banking sector developments in transition economics: Intentions and unintended consequences." In: Ruziev, K., and N. Perdikis (eds). Development and Financial Reform in Emerging Economies. London: Pickering & Chatto, 2014; pp. 81–99 (with S. Dow).
Policies to increase formal finance to smaller firms requires improving the functioning of government bureaucraciesKobil Ruziev, November 2017Although small- and medium-sized enterprises (SMEs) represent more than 90% of all enterprises and play an important role in employment generation, they lack access to affordable formal finance. Conventionally, market failures and information imperfections are seen as major causes of this misallocation. However, the role of social and political factors in resource allocation, including access to formal finance, has recently become more widely accepted. Firm-level evidence from post-communist economies, for example, shows that political connectedness improves access to bank credit, but is not associated with enterprise growth.MoreLess