Fabrizio Coricelli

Fabrizio Coricelli has a Ph.D. from the University of Pennsylvania. He worked in international institutions such as the IMF, The World Bank, The European Commission and EBRD. He is the author of numerous articles and books in international economics.

He has been particularly active in research on transition from central planning to market economies. In his book "Macroeconomic Policies and The Development Of Markets In Transition Economies", he emphasizes the connection between peculiar initial conditions and the effects of market reforms. In his book, he takes the starting point of underdeveloped markets and market institutions, and evaluates macroeconomic policies in relation to their impact on the development of markets.

He stresses particularly financial markets -- the "missing" market under the system of central planning -- and highlights fundamental trade-offs for economic policy which can play a crucial role in determining the success of reforms. Intensity and timing of reform measures, he argues, should be adapted to different situations.