Transcript
MS. BRAINARD: All right. Well, good morning. And I think we’ll get started.
We’re delighted today to have with us Erik Berglöf, who is the Chief Economist at the European Bank for Reconstruction and Development. And Erik has also been a Senior Fellow here at Brookings, and is a member of the family, so to speak, and has been working on transition economies previously as Director of the Stockholm Institute of Transition Economies for many years.
So, in some respects he is delivering a report on the fruits of his own work, for his own recommendations many years later.
The report, I think, well it’s particularly interesting to me in any case, because it pairs the traditional economic approaches of household surveys with a kind of newer set of surveys of perceptions, to ask not only, you know, in terms of economic measures how are people doing relative to how they were prior to reforms, but also how do they perceive their relative standing.
So I think this is quite a novel approach, and it seems like it may have some very rich outcomes from it.
And I think following Erik’s discussion of the report, then Johannes Linn, who’s Director of the Wolfensohn Center, will have some comments, and then we’ll open up to a broader conversation.
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