Loan and Investment in a Developing Economy

Arnis Vilks studied economics, philosophy, mathematics, and political science at the University of Hamburg, Germany, where he obtained a doctorate in Economics in 1983. Since 1995, he has held the Chair of Microeconomics at HHL Leipzig Graduate School of Management, Germany, where he served as Dean from 2000 to 2005. He is a life member of Cambridge University’s Clare Hall, UK, and has taught or conducted research at numerous universities, including Stanford University, USA, the University of Latvia, and the Australian National University. Further to this, he served as Tandem Dean at Mekelle University, Ethiopia, from 2013 to 2014. He has published three books and numerous articles in journals such as Journal of Economic Theory, Economics and Philosophy and Methods of Operations Research. His research interests include philosophical issues in economics, game theory, and development economics.