Erik Berglof's publications and media coverage


Academic journals

Erik Berglof has been on the editorial boards of European Economic Review, Journal of Corporate Finance, Economics of Transition, and Journal of Comparative Economics.

He is also the founder and editor (1998-present), Social Science Research Network electronic journal series Transition Economics Abstract Series (TEASE) and Emerging Market Finance (altogether ten e-journals).

Academic papers

Berglof, E., 2015, “New structural economics meets European transition", Journal of Economic Policy Reform, 18:2, 114-130. 

Berglof, E., M. Burkart, G. Friebel, and E. Paltseva, 2012, “Clubs-in-the-Club: Reform Under Unanimity,” Journal of Comparative Economics, Volume 40, Issue 3, 492-507.

Berglof, E., G. Roland and E.–L. von Thadden, 2010, “The Design of Corporate Debt Structure and Bankruptcy,” Review of Financial Studies, Volume 23, Issue 7, July. 

Berglof, E., Y. Korniyenko, A. Plekhanov and J. Zettelmeyer, 2010, “Understanding the crisis in emerging Europe,” Public Policy Review, Volume 6, No 6, September. 

Berglof, E., and A. Lehmann, 2009, “Sustaining Russia’s Growth: The Role of Financial Reform,” Journal of Comparative Economics, Volume 37, Issue 2, 2009,198-206.

Berglof, E., M. Burkart, G. Friebel, and E. Paltseva, 2008, ”Widening and Deepening – Reforming the European Union,” American Economic Review, 93 (5), 1824-1829.   

Berglof, E., 2008, “The Great Divide,” The New Palgrave Dictionary of Economics, Second Edition, Steven N. Durlauf and Lawrence E. Blume (eds.). 

Berglof, E., and S. Guriev, 2008, “Changing Russian Values,” in K. Almquist and A. Linklater. On Russia, Palgrave MacMillan.

Berglof, E., P. Bolton, S. Guriev, and E. Zhuravskaya, 2007, “Lowering the Cost of Capital in Emerging Market Economies,” in Beyond Transition (eds. P. Bourguignon and B. Pleskovic).   

Berglof, E., and S. Claessens, 2006, “Enforcing Corporate Governance,” World Bank Research Observer.  

Berglof, E., and A. Pajuste, 2005, “What Do Firms Disclose and Why? Enforcing Corporate Governance and Transparency in Central and Eastern Europe,” Oxford Review of Economic Policy 21 (2): 178-197.

Berglof, E. and M. Burkart, 2003, “European Takeover Regulation”, Economic Policy.Vol. 36, 172-213.

Berglof, E. and P. Bolton, 2002, “The Great Divide and Beyond – Financial Architecture in Transition,” Journal of Economic Perspectives.

Baldwin, R., E. Berglof, F. Giavazzi and M. Widgrén, 2002, “Eastern Enlargement and ECB Reform,”Scandinavian Economic Policy Review.

Berglof, E. and G. Roland, 1998, “Soft Budget Constraints and Banking in Transition,” Journal of Comparative Economics, 26, 18-40.

Berglof, E., 1997, “Corporate Governance Reform - Redirecting the European Agenda,” Economic Policy, April, 24, 91-124.

Berglof, E. and G. Roland, 1997, “Soft Budget Constraints and Credit Crunch in Financial Transition,” European Economic Review, 41.

Berglof, E. and G. Roland, 1995,”Bank Restructuring and Soft Budget Constraints in Financial Transition,” Journal of Japanese and International Economies, 9, 354-375.

Berglof, E. and E.-L. von Thadden, 1994, "Short-Term Interests vs. Long-Term Interests: Capital Structure with Multiple Investors," Quarterly Journal of Economics, CIX, 1055-1084.

Berglof, E. and E. Perotti, 1994, "Corporate Governance Struct ure of the Japanese Financial Keiretsu," Journal of Financial Economics, 36, 259-284.

Berglof, E., 1994, “A Control Theory of Venture Capital Finance,” Journal of Law, Economics and Organisation, 10, No. 2, 247-226.

Books and reports

Berglof, E., 2011, “The Great Recession wasn’t so great – was it?”, in K. Almqvist and A. Linklater (ed.), On Capitalism, Palgrave MacMillan, 157-169.

Berglof, E., and G. Roland (eds.), 2007, Economics of Transition, Palgrave MacMillan. 

Berglof, E., Andrey Kounov, Julia Shvets and Ksenia Yudaeva, 2003, The New Political Economy of Russia?, MIT Press.

Berglof, E, B. Eichengreen, G. Roland, G. Tabellini, and C. Wyplosz, 2003, BUILT TO LAST: A Political Architecture for Europe, CEPR series, Monitoring European Integration, No. 12, Blackwells, London.

Söderström, H., E. Berglöf, B. Holmström, P. Högfeldt, and E. Meyerson-Milgrom, 2003, Ägarmakten utmanad, Center for Business and Policy Studies, Stockholm (in Swedish).

Baldwin, R., E. Berglof, F. Giavazzi and M. Widgrén, 2001, “Preparing the ECB for Enlargement,” Centre for Economic Policy Research Policy Paper.

Baldwin, R., E. Berglof, F. Giavazzi and M. Widgrén, 2001, "Nice Try – Should the Treaty Be Ratified?"Monitoring European Integration 11, Centre for Economic Policy Research.

Berglof, E. and G. Roland, 2000, “From Regatta to Big Bang: The Political Economy of EU Accession,” IMF Working Papers.

Berglof, E. and E. Perotti, 2000, “Do We Need A Baltic Investment Bank?” Baltic Development Forum.

Berglof, E. and R. Vaitalingam (eds.), 1999, Stuck in Transit: Rethinking Russian Economic Reforms, Blackwell Publishers.

Berglof, E. and G. Roland, 1997, EU as an Outside Anchor, Swedish Government Commission on the Consequences of Eastern Enlargement of the European Union.

Anderson, R., E. Berglof, and K. Miszei, 1996, Financial Sector Development in Central and Eastern Europe, Centre for Economic Policy Research/Institute for East-West Studies.

Berglof, E., 1991, Corporate Control and Capital Structure: Essays on Property Rights and Financial Contracts, Institute of Economic Research, Stockholm School of Economics (thesis).

Media Coverage

Social Media - Follow Professor Berglof on Twitter @ErikBerglof

World Economic Forum - Link to Erik’s page here.

Project Syndicate - Link to Erik’s contributions here.

Newspaper articles (selective)

Berglof, E., 2016, “Where Europe Still Lives,” Project Syndicate.

Berglof, E., 2016, “China’s High-Income Future,” Project Syndicate

Berglof, E., 2016, “EBRD cannot bank on stability – Transition is reversible,” Emerging Markets, May 9.

Berglof, E., 2016, “Central Europe’s 25 years of progress at risk,” Intellinews.

Berglof, E., 2016, “From ‘peace dividend’ to geopolitical tax - the economic costs of Europe’s worsened political climate,” Horizons.

Berglof, E., 2015, “China’s Multilateral Financial Mobilization,” Project Syndicate.

Berglof, E., 2015, “Why Ukraine Deserves a Haircut,” Project Syndicate.

Berglof, E., 2015, “Europe: A New Geopolitical Tax”, The Globalist

Berglof, E. and M. Jafar, 2014, “Iraq violence demonstrates urgency for a Middle East 'Marshall Plan’,” The Telegraph, June 17. 

Berglof, E., 2014, “Europe’s Ukrainian Road to Reality,” Project Syndicate.

Berglof, E., 2014, “Europe’s Precarious New Normal,” Project Syndicate.

Berglof, E., and H. Morsy, 2014, “Mobilising transformational finance for the Arab transition countries,” OMFIF Bulletin.

Berglof, E., and S. Devarajan, 2013, “The Arab Awakening’s Aftermath,“ Project Syndicate.    

Berglof, E., 2013, “Anchoring the Arab Awakening,” Project Syndicate

Berglof, E., 2013, “Latvia’s long day’s journey out of night,” FT Beyond Brics.   

Berglof, E., 2013, “Has transition in Central Asia been a failure?”, FT Beyond Brics.    

Berglof, E., 2012, “Margaret Thatcher’s lessons for central and eastern Europe.” FT Beyond Brics,

Annenkov, A. and E. Berglof, 2011, “Baltic lessons for Europe’s future economic governance,” Europe’s World.

Berglof, E., 2010, “Revisiting the European Financial Supervisory Architecture - Lessons from the Crisis in Emerging Europe,” in The Euro and Economic Stability: Focus on Central, Eastern and South-Eastern Europe.

Berglof, E. and A. Plekhanov, 2010, “Managing Modernisation”, Harvard Business Review Russia, Spring.

Berglof, E., 2010, “Crisis in Emerging Europe”, Caixin 2010 Annual Edition.

Berglof, E., 2009, “Coordinating the Policy Response,” G20 Magazine, The Munck Institute.

Erik Berglof, Alexander Plekhanov, and Alan Rousso, 2009, “A Tale of Two Crises,” IMF Finance & Development, June.

Berglof, E. and J. Zettelmeyer, 2008, “Targeted Improvements in Crisis Resolution, Not a New Bretton Woods,” in Baldwin and Eichengreen (eds.) What G20 Leaders Must Do To Stabilise Our Economy and Fix the Financial System, VoxEU.   

Berglof, E., 2008, Slamming the Euro Door, Project Syndicate

Belka, M., and E. Berglof, 2008, “New Europe Catches Old Europe’s Cold,” Project Syndicate

Berglof, E. and H. Rosenthal, 2008, “Not the End of Capitalism,” VoxEU

Berglof, E. and R. Rajan, 2008, "Progress in Emerging Markets is Being Put at Risk", Financial Times.   

Berglof, E., 2008, “Western Banks Must Take Their Own Medicine”, Financial Times.

Berglof, E., 2007, “The Fear of Being Left Behind”, Vox-EU

Berglof, E., 2007, “Developing Crisis Resistance”, Wall Street Journal. 

Berglof, E., 2007, “Debunking America’s China Syndrome”, International Herald Tribune. 

Berglof, E., 2003, “Oligarchs vs. autocrat Russian politics,” The International Herald Tribune, October 24.


Institute of Global Affairs Public Lecture: Rethinking the Global Monetary System, by Dr Raghuram Rajan, Governor, Reserve Bank of India (May 2016) 

Institute for New Economic Thinking: ‘Building a Bridge Between Political And Economic Reform’ (2014)

CSIS Discussion: Doing Business at the Crossroads: Ten Years - Part 2 (April 2013)

Institute for New Economic Thinking: “Crisis in Transition: The People's Perspective,” four part series (2012):  Part A  ||  Part B  ||  Part C  ||  Part D

Institute for New Economic Thinking, “The Challenge of Large, Complex Financial Institutions”  (2011)