Interview with Fellow Jamshid Normatov
Name: Jamshid Normatov
Country: Uzbekistan
Degree: MA in European Studies
Academic discipline: World Economy
Specialisation: International Economics
Topic of the doctoral thesis: Financial liberalization under WTO: opportunities and risk for developing economies
How would you explain the topic of your dissertation to a non-expert in the field? My topic concerns the issue of financial liberalization in developing countries. The World Trade Organization promotes trade in goods and services worldwide. Financial services trade is important for developing countries because it has potential for providing access to funding for people and businesses. This can reduce the costs of borrowing and promote investments. These, in turn, can generate new jobs, higher incomes for people and more tax revenues for the government. However, financial liberalization contains risks. It may lead to dependency of developing countries on foreign borrowing and may result in financial crises if foreign banks decide to stop lending. My research aims to provide a rationale for financial liberalization and to recommend regulation models for developing countries to minimize liberalization risks.
I am writing a doctoral thesis because I pursue the goal of becoming an educational leader and academic authority in international economics.
What are your expectations from the EUCACIS programme? I expect the EUCACIS programme to provide me with academic advice on my doctoral research as well as networking opportunities with leading specialists in my field of research. I am also hopeful that the programme will help me with getting access to information related to my research as well as assist me with publishing my research findings in peer-reviewed journals in the EU.
In ten years, I see myself as a policy advisor on economic policy-making working with the Uzbek government, international organizations, and business. I believe by then I will have gained experience and be prepared to become a public leader in my country, who will enact policies in support of development and growth.
If I was not doing a PhD right now, I would have less chances of being promoted in my current job. I need the PhD to assume more responsible – senior management – positions within the university.