Transition in Perspective: 25 Years after the Fall of Communism


May 7, 2014, 3:00 AM EDT
Budapest, Hungary
Anders Åslund (PIIE), Petr Aven (Alfa Bank), Leszek Balcerowicz (Former Deputy Prime Minister and Finance Minister of Poland), Anne O. Krueger (International Monetary Fund), Oleh Havrylyshyn (International Monetary Fund), Simeon Djankov (PIIE) and George Soros (Soros Fund Management, LLC)

Event Summary

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Twenty-five years after the fall of communism, the Peterson Institute for International Economics joined with the School of Public Policy at Central European University to sponsor a two-day symposium of political leaders, policymakers, and scholars to assess lessons learned and the road ahead. The conference entitled "Transition in Perspective" and held in Budapest, Hungary, on May 6-7, 2014, drew an extraordinary group of practitioners and specialists from Russia, Ukraine, Poland, Hungary, and many other former communist countries. They discussed 14 papers in 8 different sessions on such aspects as the future of Ukraine, why many economic reforms in Russia and elsewhere are being reversed, and the role of privatization of government enterprises. Among the participants were Leszek Balcerowicz, Vaclav Klaus, and Anatoly Chubais, architects of economic reform in the 1990s in Poland, Czechoslovakia and the Czech Republic, and Russia respectively. Anders Åslund and Simeon Djankov of PIIE will edit a book of essays by the participants to be published later in 2014 by the Peterson Institute.

See also the keynote speech entitled "Threatening Dangers" by Janos Kornai, Professor of Economics Emeritus, Harvard University and Corvinus University of Budapest.

Event Materials

Agenda [pdf]

RealTime Economic Issues: Summary: Transition in Perspective: 25 Years after the Fall of Communism
Anders Åslund
May 15, 2014

Keynote Speech: Threatening Dangers [pdf]
Janos Kornai, Harvard University and Corvinus University of Budapest.