Prof. Dr. habil. Christopher Hartwell

ZHAW School of Management and Law
International Management Institute
Theaterstrasse 17
8400 Winterthur

+41 (0) 58 934 60 72
christopher.hartwell@zhaw.ch

Arbeit an der ZHAW

Tätigkeit

Head of the International Management Institute

Lehrtätigkeit

International Economics and Politics (Country Risk)
Macroeconomics
Foreign Affairs and DIplomacy
Doing Business in Emerging Markets

Lehrtätigkeit in der Weiterbildung

CAS Leading Change in International Business

Berufserfahrung

Head of the International Management Institute
ZHAW
02 / 2021 - heute
University Professor
Kozminski University
06 / 2014 - heute
Professor of Financial Systems Resilience
Bournemouth University
01 / 2018 - 01 / 2021
President
CASE
05 / 2014 - 01 / 2018
Head of Global Markets and Institutional Research
Institute for Emerging Market Studies (IEMS) at Moscow School of Management - SKOLKOVO
2010 - 2014
Country Representative and Investment Climate Advisor, Tonga
IFC, part of the World Bank Group
2008 - 2010
Deputy Chief of Party
USAID Social Protection Strengthening Project, Armenia
2007 - 2008
Public Administration Expert - Kosovo, Georgia, Afghanistan, Bosnia
various
2005 - 2007
Deputy Chief of Party
DAI
2004 - 2005
International Economist - Kosovo and Afghanistan
US Department of the Treasury
2002 - 2004
Senior Analyst
Emerging Markets Partnership
2000 - 2002
Policy Analyst
Reason Public Policy Institute
1998 - 2000
Research Assistant
Harvard Institute for International Development
1996 - 1998

Aus- und Weiterbildung

Ausbildung

Habilitation
Kozminski University
2020 - 04 / 2023
PhD
Warsaw School of Economics
2008 - 2011
MPP
Harvard University (Kennedy School of Government)
1995 - 1997
BA
University of Pennsylvania
1991 - 1995

Netzwerk

ORCID digital identifier

ORCID ID: 0000-0003-3340-1276

Social Media

Projekte

Publikationen

Beiträge in wissenschaftlicher Zeitschrift, peer-reviewed

Hartwell, C. (2025). Book review : The Russia-Ukraine War and its implications on Central Asia edited by Assylzat Karabayeva and Ikboljon Qoraboyev, Lanham, Maryland, Lexington Press, 2024, pp. 238, $115.00 (hbk), ISBN 978-1666966473. Central Asian Survey, 476–478. https://doi.org/10.1080/02634937.2025.2536488
Rajwani, T., Hartwell, C. A., Balakrishnan, M. S., & Chen, T. (2025). Corporate military activities and key frontiers in international business research. Journal of World Business, 61(101693). https://doi.org/10.1016/j.jwb.2025.101693
Hartwell, C. A. (2025). Connected to a sinking ship? Firm performance in a besieged autocracy. Journal of Management. https://doi.org/10.1177/01492063251359201
Hartwell, C. A., Korovkin, V., & Vershinina, N. (2025). Training the elephant to dance : state-owned enterprises, transition, and the reinterpretation of legacy. Academy of Management Perspectives, 40(1). https://doi.org/10.5465/amp.2023.0277
Hartwell, C. A., Konwar, Z., & Devinney, T. M. (2025). Scratching the surface : multinational enterprises and federalist political systems. Long Range Planning, 58(3), 102526. https://doi.org/10.1016/j.lrp.2025.102526
Corina, M., Hartwell, C., & Carballo, A. (2025). Holding back the damage : strong political institutions and the effect of populism on business investment. Journal of International Business Studies, 56(5), 608–630. https://doi.org/10.1057/s41267-024-00769-5
Hartwell, C. A. (2024). The decline of economic and political freedom after Covid‐19 : a new authoritarian dawn? Politics and Governance, 12(9320). https://doi.org/10.17645/pag.9320
Hartwell, C. A., & Hubschmid-Vierheilig, E. (2024). Do markets pay attention to political disinformation? Finance Research Letters, 70(106366). https://doi.org/10.1016/j.frl.2024.106366
Hartwell, C. A., & Korovkin, V. (2024). Strategizing on the riverbank : state-owned enterprises, paradoxes, and the success of Sberbank. Business History, 67(2), 521–550. https://doi.org/10.1080/00076791.2024.2382965
Hartwell, C., & Ursprung, D. (2024). Diplomacy and MNE strategy : how international relations can influence international business. Multinational Business Review, 32(2), 226–240. https://doi.org/10.1108/MBR-12-2023-0199
Hartwell, C., & Zadorozhna, O. (2024). The connections that bind : political connectivity in the face of geopolitical disruption. Journal of International Management, 30(3), 101141. https://doi.org/10.1016/j.intman.2024.101141
Hartwell, C. A. (2023). In our (frozen) backyard : the Eurasian Union and regional environmental governance in the Arctic. Climatic Change, 176(4), 45. https://doi.org/10.1007/s10584-023-03491-7
Polak, A., Hartwell, C. A., & Sidło, K. W. (2023). Physically present but spiritually distant : the view of the European Union in Poland. Comparative Southeast European Studies, 71(3), 300–332. https://doi.org/10.1515/soeu-2022-0054
Hartwell, C. A. (2023). Political violence and financial markets in Tsarist Russia. Financial History Review, 30(2), 231–275. https://doi.org/10.1017/S0968565023000057
Hartwell, C. A., & Devinney, T. M. (2023). A responsibility to whom? : populism and its effects on corporate social responsibility. Business & Society, 63(2), 300–340. https://doi.org/10.1177/00076503231163536
Hartwell, C. A. (2023). What is the European Central Bank supposed to do? Accounting, Economics, and Law: A Convivium, 13(2), 217–242. https://doi.org/10.1515/ael-2020-0035
Djalilov, K., & Hartwell, C. A. (2022). The spirit is willing, but the institutions are weak : disclosure of corporate social responsibility and the financial sector in transition. Eurasian Business Review, 13(2), 385–427. https://doi.org/10.1007/s40821-022-00224-1
Hartwell, C. A., & Devinney, T. M. (2022). The demands of populism on business : introducing corporate political responsibility. International Business Review, 33(2), 102075. https://doi.org/10.1016/j.ibusrev.2022.102075
Dragneva, R., & Hartwell, C. A. (2022). The crisis of the multilateral order in Eurasia : authoritarian regionalism and its limits. Politics and Governance, 10(2), 95–105. https://doi.org/10.17645/pag.v10i2.4809
Hartwell, C. A. (2022). The limits of institutions and the reliance on heuristics during the COVID-19 pandemic. Journal of Applied Social Science, 16(2), 419–441. https://doi.org/10.1177/19367244221077410
Hartwell, C. A., & Korovkin, V. (2021). Contracting in a void : the role of the banking sector in developing property rights in Russia. The Quarterly Review of Economics and Finance, 82, 113–127. https://doi.org/10.1016/j.qref.2021.08.007
Hartwell, C., Otrachshenko, V., & Popova, O. (2021). Waxing power, waning pollution : the effect of COVID-19 on Russian environmental policymaking. Ecological Economics, 184(107003). https://doi.org/10.1016/j.ecolecon.2021.107003
Hartwell, C. A. (2021). Populism and financial markets. Finance Research Letters, 46(102479), 1–10. https://doi.org/10.1016/j.frl.2021.102479
Głowacki, K., Hartwell, C. A., Karunska, K., Kurczewski, J., Botsch, E., Göhring, T., & Priesmeyer-Tkocz, W. (2021). The rule of law and its social reception as determinants of economic development : a comparative analysis of Germany and Poland. The Law and Development Review, 14(2), 359–400. https://doi.org/10.1515/ldr-2021-0043
Hartwell, C. A., & Devinney, T. (2021). Populism, political risk, and pandemics : the challenges of political leadership for business in a post-COVID world. Journal of World Business, 56(4), 40955. https://doi.org/10.1016/j.jwb.2021.101225
Hartwell, C. A. (2021). Part of the problem? : the Eurasian Economic Union and environmental challenges in the former Soviet Union. Problems of Post-Communism, 69(4-5), 317–329. https://doi.org/10.1080/10758216.2021.1960173
Hartwell, C. A. (2021). Market behavior in the face of political violence : evidence from Tsarist Russia. Journal of Risk and Financial Management, 14(9), 1–12. https://doi.org/10.3390/jrfm14090445
Hartwell, C., Horvath, R., Horvathova, E., & Popova, O. (2021). Natural resources and income inequality in developed countries : synthetic control method evidence. Empirical Economics, 62(2), 297–338. https://doi.org/10.1007/s00181-021-02023-5
Djalilov, K., & Hartwell, C. (2021). Do social and environmental capabilities improve bank stability? : evidence from transition countries. Post-Communist Economies, 34(5), 624–646. https://doi.org/10.1080/14631377.2021.1965359
Baines, D., Disegna, M., & Hartwell, C. (2021). Portfolio frontier analysis : applying mean-variance analysis to health technology assessment for health systems under pressure. Social Science & Medicine, 276(113830). https://doi.org/10.1016/j.socscimed.2021.113830
Dragneva, R., & Hartwell, C. (2020). The Eurasian economic union : integration without liberalisation? Post-Communist Economies, 33(2-3), 200–221. https://doi.org/10.1080/14631377.2020.1793586
Hartwell, C., & Urban, M. (2020). Burning the Rechtsstaat : legal institutions and protection of the rule of law. Journal of Institutional Economics, 17(1), 105–131. https://doi.org/10.1017/S1744137420000302
De Frahan, B. H., Hartwell, C. A., & Valdés, A. (2020). ¿Queda espacio para crecer? : oportunidades para el comercio agroalimentario en el contexto de la modernización del acuerdo de asociación entre la UE y Chile. Estudios Públicos, 2020(158), 61–91. https://doi.org/10.38178/07161115/2020.003
Grigaliuniene, Z., Celov, D., & Hartwell, C. A. (2020). The more the merrier? : the reaction of euro area stock markets to new members. Journal of International Financial Markets, Institutions and Money, 66(101195). https://doi.org/10.1016/j.intfin.2020.101195
Hartwell, C. (2020). Institutions and trade-related inequality. International Journal of Finance & Economics, 27(3), 3246–3264. https://doi.org/10.1002/ijfe.2319
Hartwell, C. A. (2020). Shooting for the tsars : heterogeneous political volatility and institutional change in Russia. Terrorism and Political Violence, 34(4), 706–724. https://doi.org/10.1080/09546553.2020.1732939
Hartwell, C. A. (2019). Short waves in Hungary, 1923 and 1946 : persistence, chaos, and (lack of) control. Journal of Economic Behavior & Organization, 163, 532–550. https://doi.org/10.1016/j.jebo.2019.05.003
Hartwell, C. A., & Malinowska, A. P. (2019). Informal institutions and firm valuation. Emerging Markets Review, 40(100603). https://doi.org/10.1016/j.ememar.2019.03.001
Hartwell, C. A. (2019). On the impossibility of central bank independence : four decades of time- (and intellectual) inconsistency. Cambridge Journal of Economics, 43(1), 61–84. https://doi.org/10.1093/cje/bex083
Hartwell, C. A., Horvath, R., Horvathova, E., & Popova, O. (2019). Democratic institutions, natural resources, and income inequality. Comparative Economic Studies, 61(4), 531–550. https://doi.org/10.1057/s41294-019-00102-2
Hartwell, C. A. (2019). Complexity, uncertainty, and monetary policy : can the ECB avoid the unconventional becoming the ‘new normal’? The Economists’ Voice, 16(1). https://doi.org/10.1515/ev-2019-0021
Hartwell, C. A., & Malinowska, A. P. (2018). Firm-level and institutional determinants of corporate capital structure in Poland : new evidence from the Warsaw stock exchange. Finance a Úvěr - Czech Journal of Economics and Finance, 68(2), 120–143. http://journal.fsv.cuni.cz/storage/1404_hartwell.pdf
Hartwell, C. A. (2018). The “hierarchy of institutions” reconsidered : monetary policy and its effect on the rule of law in interwar Poland. Explorations in Economic History, 68, 37–70. https://doi.org/10.1016/j.eeh.2018.03.001
Hartwell, C. A. (2018). The impact of institutional volatility on financial volatility in transition economies. Journal of Comparative Economics, 46(2), 598–615. https://doi.org/10.1016/j.jce.2017.11.002
Hartwell, C. A. (2018). Old wine and new bottles : a critical appraisal of the middle-income trap in BRICS countries. Russian Journal of Economics, 4(2), 133–154. https://doi.org/10.3897/j.ruje.4.27726
Hartwell, C. A. (2017). Bringing the benefits of David to Goliath : special economic zones and institutional improvement. Regional Studies, 52(10), 1309–1321. https://doi.org/10.1080/00343404.2017.1346371
Hartwell, C. A. (2017). The effect of political volatility on capital markets in EU accession and neighborhood countries. Journal of Economic Policy Reform, 21(4), 260–280. https://doi.org/10.1080/17487870.2017.1311793
Hartwell, C. A. (2017). Foreign banks and the business environment in transition : a cointegration approach. Post-Communist Economies, 30(1), 19–35. https://doi.org/10.1080/14631377.2017.1361703
Hartwell, C. A. (2017). Understanding “development” : insights from some aspects of complexity theory. Homo Oeconomicus, 34(2-3), 165–190. https://doi.org/10.1007/s41412-017-0050-7
Hartwell, C. (2017). The coevolution of finance and property rights : evidence from transition economies. Journal of Economic Issues, 51(1), 73–97. https://doi.org/10.1080/00213624.2017.1287488
Ambroziak, A. A., & Hartwell, C. A. (2017). The impact of investments in special economic zones on regional development : the case of Poland. Regional Studies, 52(10), 1322–1331. https://doi.org/10.1080/00343404.2017.1395005
Hartwell, C. A. (2017). Identity and the evolution of institutions : evidence from partition and interwar Poland. Forum for Social Economics, 50(1), 61–82. https://doi.org/10.1080/07360932.2017.1394900
Hartwell, C. A. (2016). Determinants of property rights in Poland and Ukraine : the polity or politicians? Journal of Institutional Economics, 13(1), 133–160. https://doi.org/10.1017/S1744137416000175
Hartwell, C. A. (2016). If you’re going through hell, keep going : nonlinear effects of financial liberalization in transition economies. Emerging Markets Finance and Trade, 53(2), 250–275. https://doi.org/10.1080/1540496X.2016.1180284

Bücher, peer-reviewed

Hartwell, C. (2023). Kazakhstan : snow leopard at the crossroads. Routledge. https://doi.org/10.4324/9781003212508

Buchbeiträge, peer-reviewed

Hartwell, C. A. (2026). A seat at the table : a polycentric perspective on MNEs and grand challenges. In M. Geppert, Ö. Bozkurt, & C. Dörrenbächer (Eds.), Reinterpreting multinational enterprises through a revitalized transnational social space perspective (pp. 49–69). Emerald. https://doi.org/10.1108/s0733-558x20260000101003
Hartwell, C. A. (2023). Constitutional foundations of the post-communist Russian economy and the role of the state. In M. Dabrowski (Ed.), The contemporary Russian economy : a comprehensive analysis (pp. 81–98). Palgrave Macmillan. https://doi.org/10.1007/978-3-031-17382-0_5
Devinney, T. M., & Hartwell, C. A. (2021). Managing around populism. In A. Verbeke, R. van Tulder, E. L. Rose, & Y. Wei (Eds.), The Multiple Dimensions of Institutional Complexity in International Business Research (pp. 95–105). Emerald. https://doi.org/10.1108/S1745-886220210000015007
Hartwell, C. A., & Devinney, T. M. (2020). Adapting to populism’s (current and future) moment : political uncertainty and business strategy. In S. H. Park, M. A. Gonzalez-Perez, & D. E. Floriani (Eds.), The Palgrave Handbook of Corporate Sustainability in the Digital Era (pp. 237–258). Palgrave Macmillan. https://doi.org/10.1007/978-3-030-42412-1_13

Schriftliche Konferenzbeiträge, peer-reviewed

Carballo-Perez, A., Corina, M., & Hartwell, C. A. (2025). Right- and left-wing populist ideologies, cultural backlash, and firm investment decisions [Conference paper]. Academy of Management Proceedings, 2025(1). https://doi.org/10.5465/amproc.2025.284bp

Weitere Publikationen

Hartwell, C. A. (2025). Kneeling to violent men : investors and insurrection in Imperial Russia. Business History. https://doi.org/10.1080/00076791.2025.2537690
Hartwell, C. (2025). Building a ruin : the Cold War politics of Soviet economic reform : by Yakov Feygin (Book review). Business History Review, 99(3), 481–482. https://doi.org/10.1017/s0007680525101293
Hartwell, C. A., & Boyarchuk, D. (2023). What should be the economic priorities in post-war Ukraine? EconPol Forum, 24(2), 25–29. https://doi.org/10.21256/zhaw-27917
Ciravegna, L., Hartwell, C. A., Jandhyala, S., Tingbani, I., & Newburry, W. (2023). Geopolitics in international business : challenges and insights. AIB Insights, 23(1). https://doi.org/10.46697/001c.70428
Hartwell, C., & Vaaler, P. (2023). Empire building has always come at an economic cost for Russia – from the days of the czars to Putin’s Ukraine invasion. The Conversation. https://doi.org/10.64628/aai.kgye6ek9a
Hartwell, C. A. (2022). The world has changed : moving to an officially post-post-transition region. Eastern European Economics, 60(3), 189–191. https://doi.org/10.1080/00128775.2022.2066939
Hartwell, C. A., & Ursprung, D. (2021). Nach uns die Sintflut : die Konsequenzen des Abzugs aus Afghanistan. Neue Zürcher Zeitung.
Hartwell, C. A. (2020). Russia in the MENA region : a familiar tale of economic means to political ends. In C. Lovotti, E. Tafuro Ambrosetti, C. Hartwell, & A. Chmielewska (Eds.), Russia in the Middle East and North Africa : Continuity and Change (pp. 104–126). Routledge.
Hartwell, C. A. (2020). Economic integration and interdependence in the Czech Republic : at the heart of Europe: the Czech Republic and economic integration with the EU. In Z. Felméry (Ed.), Economic Integration and Interdependence in Central and Eastern Europe (pp. 89–112). Dialóg Campus.
Hartwell, C. A. (2020). Central banks and institutional evolution in transition. In M. Yağcı (Ed.), The Political Economy of Central Banking in Emerging Economies (pp. 39–55). Routledge.
Hartwell, C. A. (2019). Special economic zones and the political economy of place-based policies. In M. M. Fischer & P. Nijkamp (Eds.), Handbook of Regional Science. Springer. https://doi.org/10.1007/978-3-642-36203-3_141-1
Hartwell, C. (2016). Poland. In Central and South-Eastern Europe 2017. Routledge.

Mündliche Konferenzbeiträge und Abstracts

Winkler, D. M., Sieber, D., Colleoni, E., Doh, J. P., Ganson, B., Hartwell, C. A., Joseph, J., Katsos, J. E., Klopf, P., & Krzeminska, A. (2025). The era of geopolitical risks : how nonmarket strategies help navigate populism, war and other threats [Conference presentation]. Academy of Management Proceedings, 2025(1). https://doi.org/10.5465/amproc.2025.10892symposium

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