Peter F. ORAZEM, PhD

University Professor of Economics at Iowa State University, USA 

Short biography:

Peter Orazem is currently University Professor of Economics at Iowa State University where he has been since 1982. He just completed 8 years as a member of the Ames City Council and the Ames Convention and Visitors Bureau and a past board member of the Ames Economic Development Commission.  He holds a Ph.D. in economics from Yale University in 1983 and a B.A. with distinction in economics from the University of Kansas in 1977.

His research deals with labor markets in the United States and in developing countries.  He is coauthor of chapters in the Handbook of Development Economics and the Handbook of Agricultural Economics. He served as a member of the core team for the World Bank’s 2007 World Development Report and wrote papers for the 2008, 2012 and post2015 editions of the Copenhagen Consensus. He is coeditor of a book, Child Labor and Education in Latin America published by Palgrave Macmillan in 2009. 

Personal web page:

Keynote Speech: Winners and Losers After 25 Years of Transition

Orazem and Vodopivec (1995) published one of the first analyses of wages and employment during the early transition to market.  Using Slovenian administrative data, they found that while employment and real wages fell dramatically immediately after the transition, the losses were borne disproportionately by the least skilled. Across all sectors of the economy, relative wages and employment rose for the most-educated and most skilled workers. Women gained in comparison with men, primarily because men were employed in mining and heavy industry, sectors that lost markets in transition.  Wage inequality rose.  The findings for Slovenia were replicated across most of the economies that abandoned central planning in that era.

Now that a generation has passed since the transition, this talk will revisit the winners and losers from the Slovenian transition from the perspective of 25 years.  Have returns to experience and education continued to favor the most skilled, have women continued to benefit more than men, and has inequality continued to grow or has it moderated?  How did wage growth over a career under the market-oriented system compare to wage growth of workers who had their early work-experiences under the old system?  Finally, how broadly or narrowly have the gains or losses from the market reforms been distributed through the workforce?


Dr. Marjan Svetličič

Professor Emeritus at University of Ljubljana, Faculty of Social Sciences

Short biography:

Marjan Svetličič is professor emeritus at the Faculty of Social Sciences, University of Ljubljana (was also its Dean) has been teaching; International Economics, International Business, Negotiations, including Cross Cultural and International management. He was nominated Ambassador of Science of the Republic of Slovenia in 2002 and received Golden plaques for exceptional merits for strengthening the University of Ljubljana reputation (2014), life achievement award from the Faculty of Social Sciences (2015), AIB-CEE Chapter award for outstanding contribution to international business discipline and practice in Central and Eastern Europe (2017).  He is Fellow of the European Academy of International Business (EIBA). In 1999 he was as the only one from Eastern Europe included in Who is Who in International Business and Research (E. Elgar).

He was vice chair of COST project The Emergence of Southern Multinationals and President and vice president of the EIBA, a member of FP7 Advisory Group for International Scientific Cooperation (EU Commission), Trans European policy Studies association (TEPSA) board. He is a member of many editorial boards of scientific journals and a consultant to many international organisations.  He has authored more than 400 articles and books. He has done consultancy work for international organizations like UNCTAD, World bank-IFC, UNIDO, UNESCO, OECD Development Centre, IFC, UNDP, UN University Institute WIDER, OSCE and EU Commission; Evaluator of Phare ACE programmes at the European Commission (1997-99).


Keynote Speech: 



MIC 2018