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APSU prof pioneers study of complexity in international finance

Dr. Roger W. Clark, associate professor of finance at Austin Peay, recently received international recognition during two conferences on multinational finance.

Clark and collaborator Dr. George Philippatos, of the University of Tennessee at Knoxville, are the first to publish papers in the field of complexity in international finance. Clark says, Complexity takes a situation as it exists, rather than what some theory states it should be, and analyzes the factors that brought it to this point and are likely to influence it further.
Dr. Roger W. Clark, associate professor of finance at Austin Peay, recently received international recognition during two conferences on multinational finance.

Clark and collaborator Dr. George Philippatos, of the University of Tennessee at Knoxville, are the first to publish papers in the field of complexity in international finance. Clark says, “Complexity takes a situation as it exists, rather than what some theory states it should be, and analyzes the factors that brought it to this point and are likely to influence it further.”

Clark and Philippatos presented two papers at the second annual World Scientific and Engineering Academy and Society International Conference on Non-linear Analysis, Non-linear Systems and Chaos, in Athens, Greece. These papers, entitled “Non-linear Properties, Complexity and Emergence in the Governance of the World Trade Organization (WTO)” and “Chaos and Complexity in Finance and Economics,” garnered them an invitation to present further research at the University of Durham, England, this summer.

Clark and Philippatos also presented “Institutional Metaphors and the Regulatory Dynamic: IMF, IBRD and Three Decades of Reform in the Ecuadorian Economy” at the fourth annual International Conference in Finance hosted by the University of Santiago in Vina Del Mar, Chile.

Clark and Philippatos are scheduled to deliver a paper on challenges in Internet and interdisciplinary research Jan. 30 at the VIP Scientific Forum of the International Symposium of Santa Caterina in Naples, Italy.

They are co-authoring a book on complexity in international finance.
—Rebecca Mackey