DARIA SEVASTIANOVA, PH. D.
Associate Professor of Economics
Romain College of Business
University of Southern Indiana
8600 University Boulevard
Evansville, IN 47712
812-465-1677 (office)
dpsevastia@usi.edu | http://business.usi.edu/dpsevastia/
AREAS OF SPECIALIZATION
Teaching: Macroeconomics, Microeconomics, Development Economics, Economics of Globalization,
International Macroeconomics, Healthcare Economics, Comparative Economic Systems
Research: Empirical Macroeconomic Growth Models, Development Economics, Political Economy,
Economics of Conflict, Trade and Conflict, Direct Foreign Investment, Monetary Policy
EDUCATION
Ph.D. in Economics: Binghamton University (State University of New York), Binghamton, NY – August 2007
Fields of Concentration: Macroeconomics, International Economics, Political Economy, Labor Economics
M.A. in Economics: Binghamton University (State University of New York), Binghamton, NY – May 2004
B.A. in Political Science and International Affairs: Slippery Rock University of Pennsylvania, Slippery Rock,
PA – December 2001; attended on full academic scholarship.
ACADEMIC APPOINTMENTS
Visiting Professor of Economics, Hochschule Osnabrück (University of Applied Sciences), Germany
September 2013 – December 2013
 Taught Principles of Economics and Economic Policy during the Winter 2013 semester, and
performed faculty member duties at the Faculty of Business Management and Social Sciences
Associate Professor of Economics, Department of Economics and Marketing, USI
August 2007 – present
 Guest lecturer in Healthcare Economics and Economics of Globalization at Hochschule Osnabrück,
University of Applied Sciences, International Summer University 2012-present
 Developed and taught Global Economic Issues (ECON241), Principles of Macroeconomics
(ECON209), Principles of Microeconomics (ECON208), International Financial Management
(ECON/FIN343), Development Economics (ECON346), Intermediate Macroeconomic Theory
(ECON309), Open Economy Macroeconomics (ECON349), and Healthcare Economics (ECON357)
 Developed and taught Principles of Macroeconomics (ECON209) and Healthcare Economics
(ECON357) in distance education online format
Course Instructor, Economics Department, Binghamton University
September 2003 – July 2007
 Developed new courses and was sole instructor, maintained course web pages, and managed
teaching assistants for Principles of Macroeconomics, ECON162A; Economics of Development and
Growth, ECON314; Economics of Globalization, ECON181C; and Global Economy: International
Issues for Binghamton University Department of Human Development, HDEV357
 Developed new online course for Economics of Poverty and Discrimination, ECON144 (DE)
Undergraduate TA Mentor, Department of Economics, Binghamton University
September 2004 – 2007
 Conducted mentoring sessions, supervised, and held presentations series for the Economics
Department Undergraduate Teaching Assistants
Educational Opportunity Program Math Instructor, Binghamton University Summer Enrichment Program
July 2003 – July 2007
 Developed and taught Intermediate Algebra and Intro to Calculus to at-risk minority students for
Educational Opportunity Program (EOP)
Teaching Assistant, Economics Department, Binghamton University
September 2002 – May 2003
 Held discussion sections and developed and graded assignments for Principles of Macroeconomics
PEER REVIEWED JOURNAL PUBLICATIONS
Polachek, Solomon W., and Sevastianova, Daria. 2012. Does conflict disrupt growth? Evidence of the
relationship between political instability and national economic performance. The Journal of International
Trade & Economic Development, Vol. 21, No. 3, June 2012, pp. 361–388.
Featured in the collection of articles The Economics of War. Taylor and Francis, November 2014.
http://explore.tandfonline.com/page/bes/the-economics-of/war
Valentine, Gregory, Sauer, Katherine, and Sevastianova, Daria. 2010. The Status of Post-secondary Personal
Finance Courses. Journal of the National Association for Business Teaching Education (NABTE Review), Vol.
37, 34-39.
Sevastianova, Daria and Polachek, Solomon W. 2010. Economic Effects of Conflict: Political Science Data in
Empirical Growth Models. Global Business and Finance Review, Spring 2010: 25-39.
Sevastianova, Daria. 2009. Impact of war on country per capita GDP: A descriptive
analysis. Peace Economics, Peace Science and Public Policy 15. DOI: 10.2202/1554–8597.1168.
http://www.bepress.com/peps/vol15/iss1/7. Most Popular Paper No. 1 – 130 full-text downloads between
February 5th and March 5th, 2010; 285 full-text downloads by February 2012.
OTHER PEER REVIEWED MANUSCRIPTS
Polachek, Solomon, and Sevastianova, Daria. 2010. Does conflict disrupt growth?
Evidence of the relationship between political instability and national economic performance. IZA No. 4762,
February 2010. Available at: http://ftp.iza.org/dp4762.pdf
CONFERENCE PRESENTATIONS AND PUBLISHED PROCEEDINGS
 University of Kentucky Economics Teaching Workshop – “The Challenges Facing Monetary and Fiscal
Policy: The Current Economic Environment as a Teaching Tool” by Greg Mankiw – April 2013
 “Professor’s Conference: Tools and Topics”, Federal Reserve Bank of St. Louis – November 2012
 “Teaching Methods in International Business”
Presented at:
Faculty Development in International Business Workshop, Darla Moore School of Business, University of
South Carolina – June 2012
 “The Status of Personal Finance Courses at Selected Colleges and Universities,” with Dr. Katherine
Sauer and Dr. Greg Valentine
Presented and published in peer-reviewed proceedings:
NABTE Research Conference, San Diego, CA – March 2010

“Modeling Conflict in the Empirical Macroeconomic Framework: a Sensitivity Analysis”, with Dr.
Solomon W. Polachek
Presented and published in peer-reviewed proceedings:
The 2010 Annual Conference of the Academy of Business Economics, Chicago, IL – March 2010
Southern Economic Association Annual Conference, CSWEP Sessions, San Antonio, TX – November 2009
 “Does Conflict Disrupt Growth? Evidence on the Extent to Which Political Instability Decreases a
Nation’s Economic Performance”, with Dr. Solomon W. Polachek, University Distinguished
Professor, SUNY Binghamton
Presented at:
Eastern Economic Association Annual Conference, New York, NY – February 2009
International Studies Association Annual Convention, San Francisco, CA – March 2008
Presented and published in peer-reviewed proceedings:
ASSA/AEA Annual Convention, New Orleans, LA – January 2008
The 2008 Annual Conference of the Academy of Business Economics, Chicago, IL – April 2008
Presented at:
Peace Science Society National Meetings, Columbia, SC – November 2007
Peace Science Society International Meetings, Amsterdam, the Netherlands – June 2007
Political Science and Economics Department Workshops, Binghamton University – 2006-2007
OTHER PRESENTATIONS
CLC Guest speaker, Reading and Speaking in Russian – December 2014
Speaker on European Financial Crisis, History Department – November 2012
Speaker on Student Study Abroad Opportunities, Freshman Welcome – August 2012
Speaker on International Teaching Opportunities, College of Business Retreat – August 2012
Speaker, “Globalization and Conflict”, Shepard Academy, Harrison High School – May 2012
Speaker, “Economics of Conflict”, Board of Advisors Dinner – November 2009
Speaker, “Developing Economies and Financial Crisis”, Economics and Finance Club – November 2008
Panelist, “Global Financial Panic”, International Studies and Political Science Society of USI – November
2008
Speaker, “Command to Market Economy”, Camp Economics for high school teachers in the Tri-State,
Princeton, IN – October 2008
Featured “Up and Comer”, The Evansville Business Journal (EBJ), interview with C. Wersich – October 2008
REVIEWED PAPERS
"Dynamics and Time Scope of Post War Recovery Required for Compensating Civil War Economic Losses",
for the Bulletin of Economic Research – Spring 2014
“International Political Tensions and Foreign Direct Investment”, for the Journal of Peace Research – May
2013
“Trade Creation and Diversion Effects in Mediterranean Area: Econometric Analysis by Gravity Model,” for
Global Business and Finance Review – Spring 2013
“Natural Resources, Conflict and Growth Nexus,” for the South African Journal of Economics – Spring 2013
“An Analysis of the Life Cycle of Foreign Affiliates in a Small Open Economy: the Case of Greece 1960-2010,”
for Global Business and Finance Review – Fall 2012
“Post-conflict Recovery: Institutions, Aid, or Luck?” for the Journal of International Trade and Economic
Development – Fall 2012
“The Social Impact of the Defense Sector: How Defense Sector Efforts Contribute to Education and Quality
of Health in Disadvantaged Regions in Serbia,” for the Political and Military Sociology: An Annual Review –
Spring 2012
“Estimating Strategic Reactions in South Korea-US and Japan-US Alliances Against North Korea-China
Alliance,” for the Journal of Conflict Management and Peace Science – Fall 2011
“Strategic Trade Policy with Generalized Social Welfare Functions,” for Global Business and Finance Review
– Fall 2011
“Impact of US Twin Deficits on Bilateral Exchange Rates: Canada and China,” for Global Business and
Finance Review – Fall 2010
“The Defense-Growth Paradigm: An Economic Investigation Into Post-Soviet States,” for the Journal of
Conflict Management and Peace Science – Fall 2009 and Peace Economics, Peace Science and Public Policy –
Summer 2010
“Can Foreign-Born Populations Reduce Informal Trade Barriers? An Examination of US State Level Exports to
Latin America,” for the Global Business and Finance Review – Spring 2010
“The Case for Human Development: A Cross-Country Analysis of Corruption Perceptions,” SSRN database –
Spring 2010
WORK IN PROGRESS
Sevastianova, D. & Kaur-Lahrmann, R. (2013). "Sustainability in Urban Planning: the Case of China."
“Exchange Rate Volatility in the U.S.-Vietnam Trade Relations,” with Dr. Hinh Khieu
PROFESSIONAL ACTIVITES AND COMMITTEE WORK
RCOB Faculty Chair, Fall 2014-Spring 2015
Committee Membership
RCOB Representative, University Core Curriculum Council – Fall 2014-Spring 2016
RCOB Strategic Planning Committee – 2014-2015
Parent Advisory for the USI Children’s Learning Center (CLC) – Spring 2014
Liaison to the Assessment Committee – Spring 2014
Faculty Senate Ad-hoc Committee on Faculty Access to CLC – Spring 2014
RCOB Promotion and Tenure Committee – 2013-2014&2015-2016
Member, Assistant to the Provost Search Committee – Spring 2013
Honorary Member, Alpha Mu Gamma, Language Honorary Fraternity, USI – Spring 2013
RCOB Representative, USI Faculty Senate – 2010-2014
Liaison to the Faculty and Academic Committee, USI Faculty Senate – 2012-2013
Member, RCOB Committee on Global Business Minor – 2010 - present
Member, International Studies Advisory Council – 2009 - present
Member, USI Faculty Exchange Policy Committee – 2009-2010
Member, Task Force on Campus Internationalization – 2009 - present
Member, Economics Program Review Committee – 2008-2009
Member, Economics Faculty Search Committee – 2007-2008, 2008-2009 and 2009-2010
Member, Teaching, Learning, Assessment, and Curriculum Committee – 2008-2009
Member, International Student Advisory Committee – 2008-present
Attendee, AACSB Continuous Improvement Conference, St. Louis, MO – September 2007
Proctor, Assessment Day – 2007-2010
Midwest Business Administration Association International (MBAA), Academy of Business Economics
Co-editor of ABE Annual Conference Proceedings, with Curtis Price – Spring 2009 – present
Panelist (World Poverty), Presenter (Empirical and Quantitative Methods), MBAA – March 2010
Session Chair (Welfare and Economic Inequality), Panelist (Women, Economic Development, and
Globalization), Presenter (Economic Development and Governance), MBAA – April 2008
University Planning Committee for UCC Speaker Series
Member and Event Moderator, Jessica Jackley of Kiva, “Loans That Change Lives” – Spring 2010
Center for Applied Research, USI
Economic Analyst/Researcher, Glenwood Community Development Project – Economic Impact Study on
Housing, Evansville, IN – Summer 2009
Teaching Activities
Faculty Supervisor to Honor’s student research projects – Marcus Richards “The Paradox of Happiness” and
“The Effect of FDI on Service Exports” – Spring and Fall 2014
Independent Study Supervisor – Aaron Anderson, ECON309 – Fall 2010
Faculty Supervisor to Honor’s student research project – Amy Beard “Effect of Immigration on Wages” and
Ryan Hicks “Updating the HDI Development Measure” – Spring 2010
Faculty Supervisor – to an Economics graduate Tim Puckett, WEIS Data Project – Summer 2009
AWARDS, SCHOLARSHIPS AND HONORS
 Recipient of the Dean’s Award for Excellence in Service 2013-2014
 Nominated for the Dean’s Award for Excellence in Teaching and the Dean’s Award for Excellence in
Service – Spring 2014
 Nominated for the Dean’s Award for Excellence in Research – Spring 2009
 R. Malcolm Koch Memorial Research Fellowship, USI – Summer 2009
 The Lilly Endowment, Inc. Research Fellowship, USI – Summer 2008
 Binghamton University Graduate Student Award for Excellence in Teaching 2006-2007
 Economics Department Assistantship and Full Tuition Scholarship 2005-2007
 Binghamton University Research Foundation Academic Fellowship 2002-2006
 Binghamton University Graduate Scholars Fellowship and Full Tuition Scholarship 2002- 2004
 Department of Economics Scholars Fellowship 2002-2003
 Mary P. Wodiska College of Arts and Sciences Excellence Scholarship, SRU 2000-2001
 The Harrisburg Internship Semester Scholarship, SRU 2001
 International Studies Scholarship, SRU 1998-2001
 George Soros Undergraduate Exchange Student Scholarship, Open Society Institute 1998-1999
PROFESSIONAL MEMBERSHIP AND ORGANIZATIONS
Alpha Mu Gamma Faculty Advisor, The National Collegiate Foreign Language Honor Society
Academy of Business Economics
American Economic Association
Eastern Economic Association
Southern Economic Association
Peace Science Society International
International Studies Association
Tri-State International Club
United States Tennis Association