This volume reviews the experience of 25 non-Asian transition economies 10 years into their transformation to market economies. The volume is based on an IMF conference held in February 1999 in Washington, D.C., to take stock of the achievements and the challenges of transition in the context of three questions: How far has transition progressed ineach country? What factors explain the differences in the progress made? And what remains to be done?

List of Participants

Titles and affiliations were those in effect at the time of the conference in February 1999.

Åslund, Anders

  • Carnegie Endowment for Peace

Avanessian, Vahram

  • Minister of Economic and Structural Reform, Office of the Prime Minister, Republic of Armenia

Babaev, Guylamjon

  • State Economic Advisor for the President, Office of the President, Republic of Tajikistan

Blanchard, Olivier

  • Massachusetts Institute of Technology

Bokros, Lajos

  • Director, Private and Financial Sector Department, Europe and Central Asia, World Bank

Camdessus, Michel

  • Managing Director, IMF

Cani, Shkelqim

  • Governor, Bank of Albania

Cottarelli, Carlo

  • Assistant Director, European I Department, IMF

Cseres, Akos

  • Advisor to the President, Office of the President, National Bank of Hungary

Cuddington, John

  • Georgetown University

Daianu, Dan

  • Official, National Bank of Romania

Doyle, Peter

  • Deputy Division Chief, European I Department, IMF

Fernald, John

  • Federal Reserve Bank

Frydman, Roman

  • New York University

Gaidar, Yegor

  • Director, Institute for the Economy in Transition

Havrylyshyn, Oleh

  • Senior Advisor, European II Department, IMF

Hrncir, Miroslav

  • Chief Executive Director, Czech National Bank

Imashev, Chorobek

  • Deputy Minister, Ministry of Finance, Kyrgyz Republic

Johnson, Simon

  • Assistant Professor, Assistant Director, MIT Entrepreneurship Center

Jusko, Marián

  • Vice Governor, National Bank of Slovakia

Kalra, Sanjay

  • Economist, Asia and Pacific Department, IMF

Kaufman, Daniel

  • Manager, World Bank

Khoubanov, Vadim

  • Vice Governor, National Bank of Azerbaijan

Levine, Ross

  • University of Virginia

Löhmus, Peter

  • Deputy Governor, Bank of Estonia

Milanovic, Branko

  • Lead Economist, Development Research Group, World Bank

Murrell, Peter

  • University of Maryland

Nellis, John

  • Senior Manager, Private Sector Development Department, World Bank

Nenova, Mariella

  • Director, Agency for Economic Analysis and Forecasting

Nsouli, Saleh M.

  • Deputy Director, IMF Institute

Portes, Richard

  • University College of London

Riecke, Werner

  • Deputy Governor, National Bank of Hungary

Rosati, Dariusz

  • Member of Monetary Policy Council, National Bank of Poland, Professor of Warsaw School of Economics

Saidenov, Anvar

  • Chairman, Kazakh Investment Agency

Selowsky, Marcelo

  • World Bank

Shleifer, André

  • Harvard University

Škreb, Marko

  • Governor, Croatian National Bank

Sløk, Torsten

  • Economist, Research Department, IMF

Stavreski, Zoran

  • Director, Research Department, National Bank of the Republic of Macedonia

Steinbuka, Inna

  • Director, Economic Analysis and Fiscal Policy Department, Ministry of Finance, Latvia

Stern, Nicholas

  • Chief Economist, European Bank for Reconstruction and Development

Sturza, Ion

  • Deputy Prime Minister and Minister of Economy and Reforms, Ministry of Economy and Reforms, Republic of Moldova

Sugisaki, Shigemitsu

  • Deputy Managing Director, IMF

Tanzi, Vito

  • Director, Fiscal Affairs Department, IMF

Tsibouris, George

  • Senior Economist, European II Department, IMF

Urbsiene, Laima

  • Vice-Minister, Ministry of Finance, Lithuania

Viyugin, Oleg

  • Deputy Minister, Ministry of Finance, Russian Federation

Wolf, Thomas

  • Assistant Director, European II Department, IMF