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Conference for the Record: The Economics of Transition—Nobel
Symposium in Economics International Program Committee: Olivier Blanchard (MIT), Gérard Roland (ECARE).Local organizers: Erik Berglöf (SITE), John Earle (SITE, Central European University). In September 1999 SITE organized the fifth Nobel Symposium on economics, which brought some 50 leading economists from 14 countries to Stockholm. The symposium, devoted to the economics of transition, took stock of the accumulated research in the area and identified the remaining open questions. Theoretical and policy-oriented work was presented in six academic sessions (see below). János Kornai (Harvard University and Collegium Budapest) presented the keynote address. A final, open session featured a summary by Olivier Blanchard and Gérard Roland with comments by Joseph Stiglitz and five policymakers from transition countries, including former Russian prime minister Yegor Gaidar. The following papers were presented at the symposium (downloadable at www.hhs.se/site): Andrew Berg, Eduardo Borensztein, Ratna Sahay, and Jeromin Zettelmeyer (IMF), The Evolution of Output in Transition Economies: Explaining the Differences. Tito Boeri (IGIER-Bocconi), Transition with Labor Supply. Eric Friedman (Rutgers University), Simon Johnson (MIT), Daniel Kaufmann, and Pablo Zoido-Lobaton (World Bank), Dodging the Grabbing Hand: The Determinants of Unofficial Activity in 69 Countries. Roman Frydman (New York University), Cheryl Gray (World Bank), Marek Hessel (Fordham University), and Andrzej Rapaczynski (Columbia University School of Law), When Does Privatization Work? The Impact of Private Ownership on Corporate Performance in the Transition Economies. Hehui Jin (Stanford University), Yingyi Qian (Stanford University), and Barry R. Weingast (Hoover Institution, Stanford University), Regional Decentralization and Fiscal Incentives: Federalism, Chinese Style. Simon Johnson (MIT), Daniel Kaufmann (World Bank), John McMillan (UC San Diego), and Christopher Woodruff (UC San Diego), Why Do Firms Hide?: Bribes and Unofficial Activity after Communism. Simon Johnson (MIT), John McMillan (UC San Diego), and Christopher Woodruff (UC San Diego), Contract Enforcement in Transition. Dalia Marin (University of Munich) and Monika Schnitzer (University of Munich), Disorganization and Financial Collapse. Eric Maskin (Harvard University) and Chenggang Xu (London School of Economics), Soft Budget Constraint Theories: From Centralization to the Market. Yingyi Qian (Stanford University), Gérard Roland (Université Libre de Bruxelles), and Chenggang Xu (London School of Economics), Coordinating Changes in M-Form and U-Form Organizations. Daniel Treisman (UC Los Angeles and Hoover Institution), The Causes of Corruption: A Cross-National Study. Alwyn Young (University of Chicago), The Razor’s Edge: Distortions and Incremental Reform in the People’s Republic of China. |
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