Some thirty researchers and policy-makers from Western and Eastern Europe took part in a conference on Economic Transformation in Eastern Europe held by CEPR in association with the Fundación Pedro Barrié de la Maza and the Banco Pastor at the Universidad Internacional Menéndez Pelayo, Santander, from 29 July to 2 August. The conference organizers were Guillermo de la Dehesa, Chief Executive Officer of the Banco Pastor and a member of CEPR's Executive Committee, and CEPR Deputy Director Stephen Yeo, The conference was divided into seven sessions, addressed by the following speakers:
`Industrial Restructuring, Competitiveness and the Reorientation of Trade', L Alan Winters (University of Birmingham and CEPR), Jan Piotrowski (Foreign Trade Research Institute, Warsaw) and Kalman Miszei (Institute for World Economics, Budapest)
`Foreign Direct Investment and Competition Between Eastern and Southern Europe', Louka Katseli (University of Athens and CEPR) and Alasdair Smith (University of Sussex and CEPR)
`Privatization and Regulation', Guillermo de la Dehesa (Banco Pastor and CEPR), Dusan Triska (Federal Ministry of Finance, Prague) and Marton Tardos (Institute of Economics of the Hungarian Academy of Sciences, Budapest)
`Fiscal Reform: Taxes, Subsidies, Income Distribution and the Social Safety Net', Tamas Révész (Budapest University of Economics) and David Newbery (Department of Applied Economics, Cambridge, and CEPR).
`The Development of Financial Markets and the Banking System', Colin Mayer (City University Business School, London, and CEPR), Jenny Corbett (St Antony's College, Oxford, and CEPR), Grzegorz Kolodko (Warsaw School of Economics and Research Institute of Finance, Warsaw) and István Székely (Department of Applied Economics, Cambridge)
`Macroeconomic Policy in Eastern Europe: Convertibility, Exchange Rates, Demand Management and the Control of Inflation', Peter Bofinger (Landeszentralbank Stuttgart and CEPR), Gábor Oblath (Institute for Economic and Market Research and Informatics, Budapest) and Michal Mejstrik (Charles University, Prague)
`The Lessons of German Reunification', Michael Burda (INSEAD and CEPR) and Richard Portes (CEPR and Birkbeck College, London)
The conference closed with two round-table discussions:
`The Experiences of Particular Countries: Poland, Hungary, Czechoslovakia, Romania, USSR', László Csaba (Kopint-Datorg Institute, Budapest), Daniel Daianu (Romanian Institute for Free Enterprise, Bucharest), Karel Dyba (Ministry for Economic Policy and Development of the Czech Republic), Igor Filatochev (DELTA, Paris), Leonid Grigoriev (Institute of World Economy and International Relations, Moscow) and Tatiana Houbenova (Bulgarian Academy of Sciences)
`Western Aid to Eastern Europe', Joan Pearce (Commission of the European Communities) and Richard Portes (CEPR and Birkbeck College, London)