New Publication by Dr. Nikolay Megits
I am pleased to share my new co-authored article published in the Economic Review by the Croatian Economic Association.
Title: Shift in European–Central Asian Trade Dynamics due to US–EU Sanctions on Russia. Full text in PDF: https://hrcak.srce.hr/file/487809
The study examines how sanctions on Russia have redirected EU trade toward Central Asia, utilizing time-series data, an ARDL model, and a qualitative review of trends from 2000 to 2023. Findings highlight new opportunities for diversification, energy security, and strategic economic diplomacy.
Authors invite colleagues to read, share, and reference the article in their work.
Dr. Nikolay Megits @ Webster University

Dr. Simone Cummings, Dean, George Herbert Walker School of Business & Technology, Webster University, St. Louis, MO. Dr. Cummings is responsible for providing leadership, management, and oversight of all aspects of the Walker School, including program planning and development, supervising faculty, accreditation, and business and community engagement at more than sixty military, metro, and international locations.
Panel Chair: Dr. Ran Liu, Assistant Professor in the Marketing department at Central Connecticut State University. He earned his Ph.D. in Marketing with a minor in International Business from Old Dominion University, and his research focuses on online relationships, user-generated content (UGC), and International businesses. He serves as Associate Editor (Asia) for Journal of Eastern European and Central Asian Research (JEECAR) and Faculty Advisor for American Marketing Association Collegiate Chapter.
Ms. Yang Xinyu, Minister-Counselor, Chinese Embassy in the USA. Ms. Xinyu took the position of Minister Counsellor for Education of the Chinese Embassy in the USA in October 2018 after serving four years for the same position at the Chinese Embassy in Canada. She was the Deputy Secretary-General of China Scholarship Council, a national organization to provide funding for students and faculty mobility for 11 years since 2003. Ms. Yang received a Certificate of Recognition from Global Affairs Canada for her contribution to advancing Canada-China international education initiatives and programs. Yang was the guest speaker at international education conferences invited by AIEA, CBIE, IDP, EAIE, etc.
Dr. Kaustav Misra, Associate Dean, School of Business, Central Connecticut State University (CCSU). Dr. Misra has published in Economics of Education Review, Journal of Socio-Economics, Entrepreneurship Theory and Practice, and Journal of Developmental Entrepreneurship. He received the Outstanding Research Award and the Outstanding Service Award in 2014 and 2017, and the Earl Warrick Award for Excellence in Research in 2018, respectively. He is a pro-community leader who took various initiatives and leadership roles and works with various associations to promote diversity and developing awareness in the tri-city area.
Dr. Jong Bum Kwon, Associate Professor of Cultural Anthropology in the Department of Global, Languages, Cultures, and Societies at Webster University, St. Louis, MO. He received his doctorate from New York University and is a former Fulbright Scholar and University of California President’s Postdoctoral Fellow. Dr. Kwon’s research areas include contemporary Korean society and race and racism in the United States. He has published on policing in Korea, multi-racial immigrant labor organizing in Koreatown Los Angeles, CA, and most recently co-edited and contributed articles to a special issue on the Ferguson Uprising in the American Ethnologist – “@Ferguson: Still Here in the Afterlives of Black Death, Defiance, and Joy."
Dr. Chu V. Nguyen, Associate Professor of Finance and former Chair of the FAEIS Department at the Marilyn Davies College of Business, University of Houston- Downtown. He earned an MA in Economics, an MS in Mathematics, and a Ph.D. in Economics from the University of Cincinnati. He is also the Chairman of the Board of Directors of Tropical Star Enterprise, Inc. He once served as an economist and then the Head of the Economic Analysis and Forecasting Department at the 5th District of Federal Home Loan Bank System. He published over 85 publications in the reputable US and international peer-reviewed journals.
Dr. Nikolay Megts, Adjunct Professor at GHW School of Business & Technology at Webster University, St. Louis, MO. Dr. Megits co-founded The Institute of Eastern Europe and Central Asia and is the Editor-in-Chief of the peer-reviewed Journal of Easter European and Central Asian Research. In a short time, he managed the Journal to become internationally recognized and indexed by WoS, SCOPUS, ProQuest, and many other globally recognized academic databases. In 2020, he was awarded a Fulbright Specialist grant to the University of Zagreb, Croatia. Dr. Megits possess the highest scholarly rank in Ukraine as an Academic of the Ukrainian Academy of Economic Sciences. Besides, he organized and delivered many successful international workshops and academic events.


