Andrew Kaufman

Scholars
2018
Study program:
PhD Human Geography
Current affiliation:
University of Toronto
Localisation:

Andrew Kaufman (geography, University of Toronto) researches financial firms that invest in other countries’ debt.

Research title: The Geography of Sovereign Debt Investment.

In the last twenty years, a new form of investor began to purchase sovereign bonds (i.e. national debt) from countries experiencing financial crises.

Critics argue that these so-called “vulture funds” seize government revenues, drive austerity programs, and prevent countries from recovering from crises. Supporters claim that these sovereign debt investors maintain an affordable international supply of credit while legally exercising their right to repayment.

Andrew’s research probes these different understandings of sovereign debt investors. He surveys how the sovereign bond market is made, how emerging and frontier markets enhance the ability of markets to clear, and how distressed debt securities function as new avenues for investment.

By examining the economic, legal, and policy frameworks that enable sovereign debt investment, Andrew asks how Canadian firms can maintain ethical approaches to investment both at home and abroad.

Andrew is a doctoral student in the Department of Geography and Planning at the University of Toronto. His research surveys how the sovereign bond market is made, how emerging and frontier markets enhance the ability of markets to clear, and how distressed debt securities function as new avenues for investment. Andrew also maintains an active interest in housing policy and market analysis.

For six years, Andrew worked with the Institute of Urban Studies in Winnipeg to explore how economic systems connect people and cities. He assisted national research projects on homelessness, income inequality, and precarious housing. He spent four years evaluating a Housing First approach to helping people transition from streets to homes. Following this, Andrew co-edited a book titled The Divided Prairie City as part of a larger national investigation on increasing income inequality. He has contributed to numerous reports about urban development, housing policy, urban economics, and sustainable transportation. More recently, Andrew has been working with Dr Alan Walks to examine the extent of financial profit-making activities for Canadian firms. Committed to public scholarship, Andrew uses his research to reframe public debates through policy briefs, media interviews, public lectures, and by publishing opinion pieces with major newspapers.  

Previously, Andrew developed an expertise in the economic implications of international development policy while earning a BA from the University of Winnipeg. After several years of professional experience, Andrew returned to academia to receive an MA in Geography from the University of Manitoba. In addition to his academic work, Andrew is a grant-writing consultant, mentor, and is dedicated to community service.

  • June 21, 2018
    The Pierre Elliott Trudeau Foundation appoints fifteen doctoral scholars across the country Outstanding students in the social sciences and humanities see their careers taking off.