Willem Hendrik Buiter : EBRD

Writings and speeches on transition-related issues from the period I served as Chief Economist of the EBRD from June 2000 till August 2005. The views expressed are those of the author(s) only and do not necessarily reflect the views of the European Bank for Reconstruction and Development, its Directors or Governors.

  1. “Comment” on “Regional Banks and Regionalism: A New Frontier for Development Financing”, by Robert Devlin and Lucio Castro, in Nancy Birdsall and Liliana Rojas-Suarez eds. Financing Development, the Power of Regionalism, Center for Global Development, Washington DC, September 2004, pp. 91-95.
  2. “Transition and Sustainable Growth in the Early Transition Countries: The Role of the Private Sector in Poverty Reduction” , Introduction for the Early Transition Countries Strategic Review Meeting, EBRD, June 30, 2004.
  3. “Country Ownership: a Term Whose Time Has Gone”, Remarks prepared for the Development Policy Forum “Conditionality Revisited”, organised by the World Bank at the World Bank Conference Center, Paris, France on July 5, 2004. Mimeo, Office of the Chief Economist, European Bank for Reconstruction and Development, July 2004.
  4. "What have we learnt from fifteen years of transition in Central and Eastern Europe?", paper prepared for the International Policy Conference on Transition Economies, 31 May and 1 June 2004, Hanoi, Vietnam. Mimeo, Office of the Chief Economist, European Bank for Reconstruction and Development, July 2004.
  5. "To Purgatory and Beyond; When and how should the accession countries from Central and Eastern Europe become full members of the EMU?", mimeo, Office of the Chief Economist, European Bank for Reconstruction and Development, February 2004. For an abstract, click here .
  6. "Patching up the Pact; Some Suggestions for Enhancing Fiscal Sustainability and Macroeconomic Stability in an Enlarged European Union", with Clemens Grafe, This is an electronic version of an article published in The Economics of Transition, Volume 12 (1) 2004, pp. 67–102. Complete citation information for the final version of the paper, as published in the print edition of The Economics of Transition is available on the Blackwell Synergy online delivery service, accessible via the journal's website at http://www.blackwellpublishing.com/journal.asp?ref=0967-0750 or at http://www.blackwell-synergy.com . For an abstract click here.
  7. "Corporate Governance in Developing, Transition and Emerging–Market Economies", with Charles Oman and Steven Fries, OECD Development Centre Policy Brief No. 23, 2003. For an abstract, click here.
  8. "The case of privatisation of network utilities", with Maria Vagliasindi, in Structural Challenges for Europe , Gertrude Tumpel-Gugerell and Peter Mooslechner eds., pp. 355-387. Edward Elgar, Cheltenham UK, 2003.
  9. "Capital account liberalization and financial sector development in transition countries" in Capital Liberalization in Transition Countries: Lessons from the Past and for the Future , with Anita Taci, edited by Age F. P. Bakker and Bryan Chapple, Edward Elgar, Cheltenham, UK.
  10. "Reforming EMU's fiscal policy rules; some suggestions for enhancing fiscal sustainability and macroeconomic stability in an enlarged European Union", with Clemens Grafe, in Marco Buti ed. Monetary and Fiscal Policies in EMU: Interactions and Coordination, Cambridge University Press, 2003, 92-145. For an abstract click here .
  11. "Opportunities and Challenges for Estonia's Economic Convergence to the EU", with Vanessa Mitchell-Thomson, in Postimees (Estonia's largest daily newspaper), July 2002.
  12. "What Should the Multilateral Development Banks Do?", with Steven Fries, European Bank for Reconstruction and Development Working Paper No. 74, June 2002. For an abstract click here .
  13. "Capital Flight and Capital Outflows from Russia: Symptom, Cause and Cure", with Ivan Szegvari, European Bank for Reconstruction and Development Working Paper No. 73, June 2002. For an abstract click here .
  14. "Anchor, Float or Abandon Ship: Exchange Rate Regimes for the Accession Countries", with Clemens Grafe, European Bank for Reconstruction and Development, mimeo, January 2002. An abbreviated version of the paper can be found here, in Banca Nazionale Del Lavoro Quarterly Review, No. 221, June 2002, pp. 1-32. For an abstract, click here.
  15. "Globalisation and Regional Integration; A View from Eastern Europe and the FSU", in House of Lords, Session 2001-02, Select Committee on Economic Affairs,Globalisation, Oral Evidence up to 13 March 2002, pp. 83-96, London, the Stationary Office Ltd.
  16. "Nature’s blessing or nature’s curse: the political economy of transition in resource-based economies", with Akram Esanov and Martin Raiser, European Bank for Reconstruction and Development Working Paper No. 65, November 2001. For an abstract, click here.
  17. "Debt in Transition Economies: Where is it Heading, What can be Done About it?", with Ricardo Lago, Revue D'Économie Financière, Special Issue, Ten Years of Transition in Eastern European Countries, Achievements and Challenges, 2001, pp. 191-213.
  18. "Spreads on Local Currency Loans vs Spreads on Hard Currency Loans", mimeo, European Bank for Reconstruction and Development, November 2001.
  19. "Blended Finance and Subsidies: An Economic Analysis of the Use of Grants and Other Subsidies in Project Finance by Multilateral Development Banks", with Mark Schankerman, European Bank for Reconstruction and Development, mimeo, June 2002; for an abstract, click here .
  20. "Recession and Financial Crisis: How Prepared Are We?", forthcoming under the title "Ugly Things Can Happen", in The World Today, May 2001.
  21. "International Financial Institutions - Adapting to a World of Private Capital Flows", with Hans Peter Lankes, mimeo European Bank for Reconstruction and Development, 2001, forthcoming in Dilip Das, Editor, Perspectives in Global Finance, Routledge, London & New York.
  22. "Central Banking and the Choice of Currency Regime in Accession Countries", with Clemens Grafe. Lecture given on October 26, 2000 at the University of Warsaw. Published as the SUERF Studies No. 11, Soci&été Universitaire Européenne de Recherches Financières, Vienna, 2001; republished in Revue D'Économie Financière, Special Issue, Ten Years of Transition in Eastern European Countries, Achievements and Challenges, 2001, pp. 287-318.
  23. Targets, Instruments and Institutional Arrangements for an Effective Monetary Authority, Seventh L.K. Jha Memorial Lecture, Reserve Bank of India, October 2000, Mumbai, India, with Anne C. Sibert.
  24. "From Predation to Accumulation? The Second Transition Decade in Russia.", Economics of Transition, 8(3), 2000, pp. 603-622.