Eight Things You Should Know about Middle-Income Transitions

Press Briefing Room, Ground Floor, Parliamentary Assembly Building

This event promises to be a lively, high-level discussion about the challenges faced by middle-income economies and is based on EBRD’s recent report, Eight Things You Should Know about Middle-Income Transitions, generously supported by the EBRD Korea Trust Fund. Participants will focus on ways in which the transitions from low-income to middle-income to high-income status (the so-called middle-income transitions) have changed over time – reflecting technological progress, population aging and climate change. For instance, knowledge-intensive services can today be exported much like manufacturing products in the past, while manufacturing itself employs fewer workers. Building social safety nets and making economic growth greener have become increasingly important elements of middle-income transitions.

For more information, contact:
Alexander Plekhanov



Sergei Guriev

Chief Economist, EBRD

Sergei Guriev became the EBRD’s Chief Economist in 2016, after running the New Economic School in Moscow (2004-13) and serving as a tenured professor of economics at Sciences Po, Paris (2013-16). As EBRD’s Chief Economist, Sergei Guriev is responsible for advising the President and senior management on economic issues of strategic or operational relevance to the EBRD regions of operations.

Dr. Guriev’s research interests include political economics, labour mobility, corporate governance and contract theory. He has served as the President of the Society for Institutional and Organizational Economics (2016-2017), is a member of the Executive Committee of the International Economic Association, and is a Research Fellow at the Centre for Economic Policy Research, London.

Beata Javorcik

Professor of Economics, University of Oxford

Beata Javorcik is a Professor of Economics at the University of Oxford and a Fellow of All Souls College. She is also a Programme Director at the Centre for Economic Policy Research in London and a member of the Executive Committee of the Royal Economic Society. Prior to arriving in Oxford, she worked at the World Bank in Washington DC where she was involved in research activities, lending operations and provision of policy advice to developing countries in central and eastern Europe, Latin America and Asia. In September 2019, she will become Chief Economist of the EBRD, succeeding the current Chief Economist Professor Sergei Guriev.

A Polish national, Professor Beata Javorcik holds a PhD in Economics from Yale University and a BA from the University of Rochester.

Igor Lukšić

Public Sector Director South East Europe, PricewaterhouseCoopers d.o.o.

Igor Lukšić is currently South East Europe Public Sector Director at PriceWaterhouseCoopers (PwC). He served in the Government of Montenegro for twelve years. While he was Minister of Foreign Affairs (2012-2016), Montenegro received an invitation to join NATO and Lukšić launched the WB6 Initiative. Lukšić became Prime Minister of Montenegro upon the resignation of Milo Đukanović, and during his tenure (2010-2012) he opened accession talks with the EU and completed Montenegro’s accession to WTO. As Minister of Finance (2004-2010), Lukšić pursued numerous budgetary and tax reforms, issued the country’s first Eurobonds and Montenegro received its first ever credit rating. Lukšić holds a PhD in transition economics from the University of Montenegro in Podgorica.