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Professors from BRICS NU gave a block of lectures in HSE

In the beginning of December 2018 4 professors from 2 partner universities – University of Cape Town and University of Campinas – visited HSE and gave several lectures to the students of the Faculty of World Economy and International Affairs and also provided the plenary sessions on the meetings of HSE African Club and HSE Latin American Club.

Dr. Mark Ellyn (UCT) explained to the students the basic principles of IMF and the Growth accounting: How economists think growth occurs, mechanics of growth etc. He also immersed the students to the economic history of South Africa explaining the roots of the dualism of South African economy. Another block of lectures of Dr. Ellyne was dedicated to the Donor Aid and its pros and cons.

Dr. André Biancarelli (Unicamp) in his turn provided the lectures developing countries, global economy and the “currency hierarchy approach”. Dr. Biacnarelli shared with the students the Latin American structuralist tradition, and explained them the cornerstones of the contemporary International Monetary and Financial System, explaining why US Dollar is dominant in the currency hierarchy and which other currencies are used on international and domestic levels.

Dr. Bruno de Conti and Dr. Ana Rosa Ribeiro de Mendonça (Unicamp) talked about the current stage of economic and social development of Brazil, explaining the roots of economic, political, social and financial crisis. Both professors gave the perfect overview of what happened in Brazil since the end of the 20th century and how such a the great country is dealing with the plenty of  problems nowadays.

All the students were impressed by the information they got during these 3 weeks and we hope that this experience will help them to build their future careers in more diversified way with the help of BRICS NU professors and students exchange.