EBRD to launch Transition Report 2011

By EBRD  Press Office

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The European Bank for Reconstruction and Development will launch its Transition Report 2011 at 1600 GMT, Tuesday 15th November in London.

Like its two predecessors, "Transition in Crisis?" (2009) and "Recovery and Reform" (2010), this year’s report “Crisis and Transition: The People's Perspective” focuses on understanding the 2008-10 crisis and its longer-term implications from a new perspective: that of households and individuals.

The report seeks to understand, among other things, why households in the transition region had to reduce consumption more than families in western Europe. It also suggests reasons for why support for democracy and free markets decreased over the past four years in the new EU countries, whereas it rose in many CIS countries to the extent that preferences for democracy and free markets in the latter now exceed those in the former.

A presentation by EBRD Chief Economist Erik Berglof of the main findings of the report will be followed by a panel discussion with commentators from the region and a question-and-answer session.

Among those who have been invited to participate are:

  • Gordon Bajnai, former Prime Minister of Hungary
  • Radmila Sekerinska, MP and former Deputy Prime Minister of the Republic of Macedonia
  • Oraz Jandosov, Director the RAKURS Center for Economic Analysis and former Deputy Prime Minister of Kazakhstan
  • Anna Andreenkova, Vice President of the Institute for Comparative Social Research (CESSI), Moscow
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