Dr Sotirios Bellos

Associate Professor

Academic Position	Associate Professor
Academic Qualifications	University of Macedonia, Department of Balkan, Slavic and Oriental Studies, Thessaloniki, UK. Post – Doctorate “IMF programs and policies assessment in the transition economies during the transition and the post-transition period” University of Bath, Department of Economics and International Development, Bath, UK. PhD in Economics and International Development -“Institutional, Economic and Regional Determinants of Foreign Direct Investments in the Balkan, Central European and Ex-Soviet Transition Economies” University of Macedonia, Department of Business Administration, Thessaloniki, Greece. Master in Business Administration University of Leeds, Department of Fuel and Energy, Leeds, UK MSc in Energy Studies University of Macedonia, Department of Balkan, Slavic and Oriental Studies, Thessaloniki, Greece. Diploma in Balkan Studies (Economics) Aristotle University of Thessaloniki, Polytechnic School, Dept. of Mechanical Engineering, Thessaloniki, Greece. Diploma in Mechanical Engineering
Email	sbellos@york.citycollege.eu
Linkedin	https://gr.linkedin.com/in/dr-bellos-sotirios-7331a988
Personal Website

Sotirios K. Bellos received his PhD in Economics from the University of Bath. His research work has appeared in the Bulletin of Economic Research, the International Review of Applied Economics and other international journals in the field of economics and finance. His employment record contains 4 years in Industry and 24 years in the Banking sector, where he has worked as an SME and Corporate Credit Analyst and currently as Relationshipp Manager in major Greek Banking Institutions.

Teaching

Business Economics (Executive MBA)

Commercial and Investment Banking (M.Sc. in Banking and Finance)

Corporate Finance and Valuations (M.Sc. in Banking and Finance)

Bank Regulation and Financial Stability (M.Sc in Banking and Finance)

Contemporary Issues in Shipping and Port Management (M.Sc in Shipping, Port Management and Logistics)

Money and Banking (B.Sc FINENG)

Research Interests

Foreign Direct Investments and their Determinants
Assessment of IMF policies
Institutional Economics
Defense Economics
Financial Macroeconomics
Banking and Macroeconomics
International Political Economy

Publications

Journals:

Kladakis, G., Bellos, S.K. and Skouralis, A. (2023), "Societal trust and bank opacity", Journal of Financial Regulation and Compliance, https://doi.org/10.1108/JFRC-05-2023-0073
Bellos, S. K., & Golitsis, P. (2023). The Nexus between Financial and Investment developments and State Capacity. The case of G-20. Journal of Government and Economics, 11, 100081.
Kladakis, G., Chen, L; & S. Bellos, (2023), “2022 CCPF- JIFMIM Special Theme on “Sustainable Finance” Ethical bank disclosures and liquidity creation”, Journal of Financial Markets, Institutions and Money, https://doi.org/10.1016/j.intfin.2023.101754
Golitsis, P., Gkassis, P, & S. K. Bellos, (2022), "Dynamic Spiilovers and linkages between gold, crude oil, S&P 500, and other economic and financial variables. Evidence from USA", The North American Journal of Economics and Finance. https://doi.org/10.1016/j.najef.2022.101785
Kladakis, G., Chen, L; & S. Bellos, (2022), "Wholesale Funding and Liquidity Creation", Review of Quantitative Finance and Accounting, https://doi.org/10.1007/s11156-022-01081-9
Kladakis, G., Chen, L; & S. Bellos, (2022), "Bank Regulation, Supervision and Liquidity Creation", Journal of International Money and Finance, 124(2):102629, https://doi.org/10.1016/j.jimonfin.2022.102629
Kladakis, G., Chen, L; & S. Bellos, (2021), "Multiple credit ratings and liquidity creation", Finance Research Letters, https://doi.org/10.1016/j.frl.2021.102313
Fassas, A., Bellos, S.& G. Kladakis, (2021), "Corporate liquidity, supply chain and cost issues awareness within the Covid-19 context: evidence from us management reports’ textual analysis", Corporate Governance, International Journal of Business in Society, https://doi.org/10.1108/CG-09-2020-0399
Kladakis, G., Chen, L., & S., Bellos, (2020), “Bank Asset and Informational Quality”, Journal of International Financial Markets, 69, 101256, https://doi.org/10.1016/j.intfin.2020.101256
Golitsis, P., Bellos, S., Fassas, A., & S., Demiralay, (2020), “The Spillover Effect of Euribor on Southeastern European Economies: A Global VAR Approach”, Journal of East-West Business, https://doi.org/10.1080/10669868.2020.1826383
Bellos, S., (2019), “Military expenditure, economic growth and development in transition economies: A panel VAR GMM approach”, Applied Economics Quarterly, 65(3), 139-187
Bellos, S., (2019), “Natural Resources, Energy Dependency and their association with Institutional and Growth – related variables in the Black Sea and Southeast European region”, Applied Economics Quarterly, 65 (1), pp 1-43
Kuzman, T., Bellos, S., & K., Djulic, (2018), “Determinants of innovation-based sustainability in transition and developing economies”, Ekonomske Teme ISSN 0353-8648
Kuzman, T., Talavera, O., & S., K., Bellos (2018), “Politically Induced Board Turnover, Ownership Arrangements and Performance of SOEs”, Corporate Governance – An International Revue, 26, pp 160-179, https://doi.org/10.1111/corg.12238
Bellos, S, (2018), "The European Financial Crisis and Germany. The Geopolitical implications through the prism of Halford Mackinder’s theory", Foreign Affairs - The Hellenic Edition, February - March Edition
Bellos, S, (2017), “The Relationship between Military Expenditure and Certain Growth and Development Related Variables in Transition Economies: A Panel Data Analysis”, Applied Economics and Finance, 4(5), https://doi.org/10.11114/aef.v4i5.2517
Bellos, S., (2016), “IMF programs and policies assessment in the transition economies during the transition and the post-transition period”, Journal of Heterodox Economies, 3(2)
Makedonas, El., Bellos, S. & T. Subasat, (2015), “IMF Lending and Poverty in Developing countries”, Journal of Heterodox Economics, doi:10.1515/jheec-2015-0015
Subasat, T., & S. Bellos, (2013), ‘Corruption and Foreign Direct Investment in Latin America: A Panel Gravity Model Approach’, Journal of Management and Sustainability, 3(4), pp 151-156
Bellos, S., & T. Subasat, (2013), “Governance and Foreign Direct Investment in Latin America: A Panel Gravity Model Approach”, Latin American Journal of Economics, Vol. 50, No 1, pp 107-131
Bellos, S., & T. Subasat, (2012), “Corruption and Foreign Direct Investment: A Panel Gravity Model Approach”, Bulletin of Economic Research, Vol. 64, No 4, pp 565-574
Bellos, S., & T. Subasat, (2012), “Governance and Foreign Direct Investment: A Panel Gravity Model Approach”, International Review of Applied Economics, Vol. 26, No 3, pp 303-328
Subasat, T., & S. Bellos, (2011), ‘Economic Freedom and Foreign Direct Investment: A Panel Gravity Model Approach”, Empirical Economics Letters, Vol. 10, No 7, pp 697-704
Subasat, T., & S. Bellos, (2011) 'Economic Freedom and Foreign Direct Investment in Latin America: A Panel Gravity Model Approach', Economics Bulletin, Vol. 31 no.3 pp. 2053-2065

Chapters in Books

Bellos, S.K., Serafini, G.O. (2024). Skills Gap between Eastern and Southeastern Europe SMEs and their North-Central, Western, and Northern European Counterparts: The Role of Financial, Institutional, and Demographic Contexts. In: Aranitou, V., Manioudis, M., Angelakis, A. (eds) The Economic Impact of Small and Medium-Sized Enterprises. Palgrave Studies in the Future of European Societies and Economies. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-74554-6_5

Bellos, S. (2024). A Review of Sustainable Development's Political Critiques. In G. Meramveliotakis and M. Manioudis, Sustainable Economic Development: Political Economy & Economics Pluralism, Routledge, London and New York (forthcoming in 2024).

S. Bellos, (2013). FDI Determinants in Transition Countries. The Role and the Impact of Transition Speed. In: George Papanikos, Essays on Growth, Development and Finance, Athens: Atiner, pp: 127-143

Conferences

2024 9th IMAEF – International Meeting on Economics and Finance – Argostoli, Kefalonia June 2024. Paper presentation: Security and Stability Implications of Refugee Flows in Europe: A Panel VAR analysis

2021 10th International Conference Financial Engineering and Banking Society (FEBS), Financial Stability and Sustainability, Université de Lille, Bank Regulation, Supervision and Liquidity Creation (with George Kladakis and Lei Chen)

2019 International Conference on International Business (ICIB) / ICIB 2019/20, Thessaloniki, Greece, 23rd to 26th May 2019, Golitsis, P., Bellos, S.K., and Alexandridis, A. (2021). Is EMU good for the Southeastern European Economies? A G-VAR model.

2018 17^th Hellenic Finance and Accounting Association Conference – Athens December 2018. Paper Presentation: Bank Capital and Liquidity Creation

2016 6th IMAEF – International Meeting on Economics and Finance – Corfu June 2016. Paper presentation: The Impact of EU and Common Currency Area accession on the EU members Terms of Trade. A Panel Data Analysis

2016 2^nd International Conference in Applied Theory, Macro and Empirical Finance, University of Macedonia, 6-7^th May 2016 – Ownership Arrangement and financial performance: The Case of State-Owned enterprises in former Yugoslavian countries

2015 White Rose Business and Management, Accounting and Finance and Work Psychology Pathway Annual Conference 2015, University of Sheffield, 11-12th June 2015. Paper: Innovation based Sustainability of State-Owned Enterprises: Do Corruption and State Share create an impact?

2014 13^th EEFS – European Economic and Financial Society – Thessaloniki June 2014. Paper Presentation: The Relation between Military Expenditure and Certain Aspects of Economic Performance and Governance in the Transition Economies – A Panel Data Analysis

2013 12^th EEFS - European Economic and Financial Society – Berlin June 2013. Paper: IMF programs and policies assessment in the transition economies during the transition and the post-transition period.

2010 5^th Annual International Symposium on Economic Theory, Policy and Implications, 26-29 July 2010, Athens. FDI Determinants in Transition Countries. The Role and the Impact of Transition Speed.

back

Accreditation and Recognition by: