Next session of the BRICs seminar: Natalia Bracarense on Energy Yuan

la prochaine séance du séminaire BRICs (INALCO CREE-FMSH-UdP-EHESS) aura lieu

the next session of the BRICs seminar will take place

Wednesday, December 1st 2021, 6PM (online)

Nous recevrons / we will receive :

Natalia De Lima Bracarense,

Associate Professor of Economics

North Central College

Visiting scholar at University of Paris

From petrodollar to energy-yuan: currency internationalization in the light of network effects 
(based on an article co-written with Irène Berthonnet)
“Contrary to what is generally maintained in international relations literature, China’s effort to internationalize the renminbi has not stall after its inclusion in the International Monetary Fund’s (IMF) Special Drawing Rights in 2015. From 2015 onward, RMB internationalization strategies have instead shifted towards network and institutional building to support the potential expansion of its international role. This argument rests upon a historical institutionalist approach of network externalities applied specifically to the energy-yuan strategy, through which China both fosters renminbi internationalization and secures energy provision.”
Moderator: Thibaud Deguilhem (UdP)
Natalia De Lima Bracarense is a spectialist in development economics and history of economic thought. Her PhD Thesis was focused on Latin America and her current researches deal with China in an institutionnalist perspective. During the past few years, she published  articles in history of economic thought and economic methodology. Natalia Bracarense published in Cambridge Journal of Ecoonmics, Review of Social Economy, Review of Political Economy, Journal of Economic Issues and Review of Radical Political Economy.
Natalia De Lima Bracarense est spécialiste d’économie du développement et d’histoire de la pensée. Sa thèse de doctorat portait sur l’Amérique latine et ses recherches actuelles s’intéressent à la Chine, dans une perspective institutionnaliste. Ces dernières années, elle a publié des articles dans des recueils d’essais en histoire de la pensée économique et en méthodologie économique. Natalia De Lima Bracarense a également publié dans le Cambridge Journal of Economics, la Review of Social Economy, la Review of Political Economy, le Journal of Economic Issues et la Review of Radical Political Economics.

Announcement of the next session, November 17th, 6PM : Sergei Guriev on the Political Economy of Russia’s response to Covid-19 pandemic

The Next session of the BRICs seminar (Inalco CREE – FMSH – UdP – EHESS) will be held at Inalco (Maison de la recherche, 2 Rue de Lille, 75007 Paris, Room 2.05) on Wednesday November 17th , 6 PM.

We will receive:

Sergei Guriev, (Sciences Po, Paris)

Political economy of Russia’s response to COVID-19 pandemic

Please click on the link below to register for this session:


In objective terms, Russia was relatively well prepared for the COVID-19 crisis – with its large sovereign wealth fund, relative isolation due to sanctions, low share of tourism and hospitality in GDP, and the ready-to-go vaccine against MERS that was relatively easy to convert to a vaccine against COVID. Yes, as of today, Russia is the most affected country in the world in absolute terms with its excess mortality exceeding the one of the US and approaching 1 million and is a top three countries in the world in terms of excess mortality per capita. What went wrong? How is COVID policy response related to political and economic realities of today’s Russia? Will Russian policy change after the September 2021 parliamentary elections? What are the mid-term and long-term prospects of Russian economy?

Sergei Guriev, Professor of Economics, Sciences Po, Paris. Sergei Guriev joined Sciences Po as a tenured professor of economics in 2013 after running the New Economic School in Moscow in 2004-13. In 2016-19, he was on leave from Sciences Po serving as the Chief Economist of the European Bank for Reconstruction and Development (EBRD).

Dr. Guriev’s research interests include political economics, development economics, labor mobility, and contract theory. Dr. Guriev has published in international refereed journals including American Economic Review, Quarterly Journal of Economics, Review of Economic Studies, Journal of European Economic Association, Economic Journal, Journal of Economic Perspectives, Journal of Economic Literature, Brookings Papers on Economic Activity, Economic Policy and American Political Science Review. He has been a board member of Sberbank, E.ON Russia, Alfa-Strakhovanie Insurance Company, Russia Venture Company, Russian Home Mortgage Lending Agency, Russian Agricultural Bank, and the Dynasty Foundation. In 2006, he was selected a Young Global Leader by the World Economic Forum. In 2009-11, he was included in the top 100 of the President of Russia’s Cadre Reserve. In 2016-17 he has served as the President of the Society for Institutional and Organizational Economics. Since 2017, he has been a member of the Executive Committee of the International Economic Association. He is also a Research Fellow and the Leader of the Research and Policy Network on Populism at the Centre for Economic Policy Research, London. He is a Global Member of the Trilateral Commission and an Ordinary Member of the Academia Europaea.

Sergei Guriev’s website is
For non research articles, see for instance Project Syndicate :
An article on the topic of the session (English and French versions) :