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Can the Balkans recover from the Economic Crisis?

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About this Event

19 Nov 2010 @ 12:45

Download the Audio Podcast of this event here (Right Click and select Save Link as to Download)

About the Speech:

Mr. Sanfey discussed the progress of the Balkans with an in-depth analysis of the recent EBRD transition report, Recovery and Reform.  He explored the key topics covered by the report, including a re-evaluation of transitional issues with an in-depth analysis of reform gaps, an exploration of the issues relating to local currency and capital markets, the problems with the business environment and the overall macro-economic situation. 

He noted that a growth rate of 4.2% is expected for the 29 EBRD countries, but identified significant variations within these countries. In the Balkans, the growth rate is behind neighboring countries, with growth expected to be negative.

About the Speaker:

Peter Sanfey is a Lead Economist in the Office of the Chief Economist, European Bank for Reconstruction and Development (EBRD), London. He has worked extensively on south-eastern Europe, with a focus on the western Balkans, and he was the lead author of a 2004 EBRD publication: Spotlight on South-Eastern Europe: an Overview of Private Sector Activity and Investment. He is also an editor of the annual EBRD Transition Report and the EBRD Working Paper series. He graduated from Trinity College Dublin in 1985 with a B.A. (first class honours) in Economics, and received his Ph.D. in Economics from Yale University in 1992. He was a lecturer in economics at the University of Kent at Canterbury from 1992-97, before joining the EBRD in October 1997. His main research interests are in the fields of macroeconomics, labour economics and economies in transition, and he has published many articles on these topics in international academic journals.

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