UNUnited Nations Economic Commission for Europe

Press Releases 1998

[Index]

Restructuring in transition economies

ECONOMIC COMMISSION FOR EUROPE
(Fifty-third session, 20-23 April 1998)

5 April 1998

The fifty-third session of the United Nations Economic Commission for Europe (UN/ECE) has this year three major parts: the UN/ECE Spring Seminar; the opening discussion and the more traditional part related to administrative matters.

The UN/ECE Spring Seminar will start on Monday, 20 April 1998, at 10 a.m. in room VII of the Palais des Nations. It will basically focus on Enterprise and Bank Restructuring in the Transition Economies.

The following topics are going to be discussed: Enterprise and bank restructuring: progress, problems and policies (presented by Mark Schaffer, Heriot Watt University, Edinburgh); Banking sector reform in the transition economies - a central banking perspective (presented by Elmar Koch, Bank for International Settlements, Basle); Case studies of restructuring in Russia (presented by Evgeny Gavrilenkov, Bureau of Economic Analysis, Moscow) and Kazakhstan and Uzbekistan (presented by Yelena Kalyuzhnova, Centre for Euro-Asian Studies, University of Reading); Czech Republic (presented by Pavel Mertlik, Institute of Economics of the Czech National Bank); Slovenia (presented by Ivan Ribnikar, University of Ljubljana); Eastern Länder of Germany (presented by Alexander Eickelpasch, DIW, Berlin). A number of eminent discussants will also take part in the presentations.

The opening day's discussion on Tuesday, 21 April 1998 will constitute a major highlight of this Commission session. At 10 a.m., a first debate will focus on the Vulnerability of transition economies to external shocks: strategies for restructuring enterprise and bank sectors. The panellists are: Marek Belka, former Minister of Finance and currently Adviser to the President of Poland; Bernhard Molitor, Chairman, OECD Economic Development and Review Committee; Marjan Senjur, Minister of Economic Relations and Development, Slovenia; and Bernard Snoy, Director, EBRD. As a conclusion to the first debate, there will be a discussion with introductory remarks by Rubens Ricupero, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), and Milijove Panic, University of Cambridge, United Kingdom.

The second debate in the afternoon of the opening day will address the opportunities and challenges of the Euro for non-EU members. The moderator will be Bernhard Molitor and the discussion leaders Igor Mitukov, Minister of Finance of Ukraine; Sergey Alexashenko, First Deputy Chairman, Central Bank of Russia; Joly Dixon, Director of International Economic and Financial Affairs, DGII, European Commission, Brussels; Massimo Russo, Special Adviser to the Managing Director, IMF.

These two debates will have the UN/ECE Economic Survey of Europe as background document.

The third part of the Commission on Wednesday, 22 and Thursday, 23 April will be devoted to operational activities of the UN/ECE and cooperation with sub-regional groupings; cooperation with NGOs; and the implementation of the reform process.

The Bureau of the Commission is currently composed as follows: Mr. Peter Náray (Hungary), Chairman of the Commission, Mr. Michael Bartolo (Malta), Mr. Mykola Maimeskoul (Ukraine), and Ms. Eveline Herfkens (Netherlands) as Vice-Chairpersons.

A new Bureau will be elected at the end of the session.

The Seminar as well as all sessions of the Commission are open to the public.

For further information please contact:

Information Unit
United Nations Economic Commission for Europe (UN/ECE)
Palais des Nations, Room 370
CH - 1211 GENEVA 10, Switzerland
Tel: +41 22 917 44 44
Fax: +41 22 917 05 05
E-mail: [email protected]
Website: http://www.unece.org