Note to Correspondents

UN UNIVERSITY TO LAUNCH PUBLICATION ON BUILDING MARKET ESSENCE, ON 26 JUNE

The United Nations University is organizing a launch of one of its most recent publications, “Ten years of Transition:  What Success in Building ‘Market Essence’”.  The book is the outgrowth of a research project undertaken by the World Institute for Development Economics Research, one of the University’s Research and Training Centres.  Co-chaired by Marjatta Rasi, Permanent Representative of Finland to the United Nations, and Jacques Fomerand, Director of the United Nations University Office in New York, the event will take place on Thursday, 26 June, in the Dag Hammarskjöld Library Auditorium, from 11 a.m. to 1 p.m.

The book will be presented by authors Professor Robert McIntyre, Senior Researcher at the Institute for International Economic and Political Studies, Russian Academy of Sciences, and Professor Bruno Dallago of the University of Trento, Italy, and will be discussed by Dr. David Ellerman who has worked in the World Bank since 1992.

The study concludes that the small enterprise sector is not by itself enough to create successful economic growth.  It further suggests that it was unrealistic to assume that healthy markets would emerge, be dominated by small-scale individual entrepreneurship and achieve “self-organization”.  Ideological preferences and hopeful expectations interacted to deflect policy attention from essential institution-building tasks.  The book draws conclusions about what happened and why, across a range of important countries, and provides direct policy-relevant analysis.

If you wish to attend this event and/or nominate members of your missions, please register online at http://www.ony.unu.edu/unuseminarregistration2.htm.

Interested delegations, Secretariat staff, non-governmental organizations and representatives from the media are invited to attend.  Further information, including the agenda and registration, are online at http://www.ony.unu.edu (for further information, please email unuona@ony.unu.edu).

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