Alexander Valchyshen is a Research Fellow at the Global Institute for Sustainable Prosperity and an interdisciplinary Ph.D. student in the Economics department of UMKC, under the supervision of Dr. Scott Fullwiler. He holds a M.S. in Economic Theory and Policy (2019) from the Levy Economics Institute at Bard College. He completed his Master’s thesis under the supervision of Dr. L. Randall Wray (primary reader) and Dr. Jan Kregel (secondary reader). With more than 20 years of experience in Ukraine’s banking and financial markets, including with some of Ukraine’s major banks and financial firms, Alexander served as: an officer of Prominvestbank (1995-2000); financial analyst for ART-Capital (2000-03); financial analyst for Ukrsotsbank (2003-05); head of Research for ING Ukraine (2005-08); and head of Research for investment firm ICU (2008-18), Ukraine’s major fixed-income firm and one of the largest asset management firms in the country.
While at Prominvestbank, Alexander handled reserve balances trading, FX trading for the bank’s branch accounts, and oversaw the accounting of the FX operations of the bank’s branch as well as its clients. While with ING, Alexander was part of the team of economists of EMEA region covering Ukraine’s economy and its financial markets. In 2007, he took part in an ING-led economists’ trip to the bank’s Asian buy-side clients based in Singapore and Manila. During 2016-17, Alexander supervised a team of Ukrainian translators, who translated two books by Dr. Wray―Modern Money Theory and Why Minsky Matters―into Ukrainian. In the Fall of 2018, he held the position of visiting instructor of Finance at Bard College, and taught its Financial Management course to undergraduate students, supervised by Dr. Pavlina Tcherneva.
