JURAJ RENCKO
rencko@progeko.savba.sk
EDUCATION: Master's Degree
in Economics, Economic University Bratislava,
Slovakia (1978),
Ph.D. in Economics, Economic University Bratislava, (1989)
Alumnus of the course Internationalisation, Management and Business
Strategy organised by University L.Bocconi - SDA, Milan, March - May
1992
PROFILE
Economics
economics of transition, with special focus on:
macroeconomic policy (fiscal and monetary policy) and macroeconomic
forecasting,
structural reforms,
legal and institutional framework of financial sector,
restructuring of financial and enterprise sector,
microeconomic foundations of macroeconomic performance,
labour market formation.
Special expertise
management of design and implementation of broad projects in international
environment,
management of complex transactions with state and private sector
participation,
good knowledge of formal as well as informal decision making process
of state authorities (Slovakia),
good knowledge of the financial and enterprise sector environment
(Slovakia).
LANGUAGES/SKILLS
English: fluent, Russian: fluent
Slovak: native, Czech: fluent
Computer skills - good knowledge of many types of software including office, statistical and DTP applications.
EMPLOYMENT HISTORY
Present Position
Scientific fellow of Institute for Forecasting, Slovak Academy of
Sciences (1990 - )
Member of the Steering Group for restructuring and privatisation
of the banking and corporate sector (1999 -)
Member of the Supervisory Board, Slovak Savings Bank (1994 1995,
1998 -),
Private consultant (2002 - )
Previous Positions
Advisor to Minister of Finance of the Slovak Republic (1998 February
2002)
Head of the Bank Privatisation and Restructuring Unit at the Ministry
of Finance of the Slovak Republic (1999 Dec. 2001).
Main responsibilities:
co ordination of foreign advisory infrastructure (international
financial institutions, EU Phare, USAID teams and others) with local
experts and state agencies during the EFSAL program design and implementation
(Enterprise and Financial Sector Adjustment Loan, common program of the
Slovak government and the World Bank - bad debt problem resolution in
the Slovak economy). Among others, co ordination of design and implementation
in following areas:
insolvency system reform (Bankruptcy law and related legislation)
(1999 2000),
restructuring of the three largest Slovak state owned banks (1999
2000),
management of privatisation of the two largest Slovak banks (SLSP,
VUB) (2000 2001). Co ordination of the formal advisory infrastructure
(financial and legal advisory companies) with the Slovak governmental institutions
(Ministry of Finance, Ministry of Privatisation, National Property Fund),
broad reforms of legal framework of collateral regime and corporate
governance (2000 2002),
setting up of Slovenska konsolidacna, joint stock company, established
by the Slovak authorities to resolve non performing loans carved out
of restructured banks (2000),
Head of the EU accession negotiation team for Chapter 11 - EMU. (2000
- 2001) (Chapter was successfully closed in April, 2001)
Member of the Board of Directors, Slovak Consolidation Agency (Sept.
2001 May, 2002).
Main responsibilities:
establishment of a joint venture with reputable international investor,
to manage 54 bln. SKK (2 bln. USD) of non performing loans from Slovenska
konsolidacna portfolio,
assistance to Slovenska konsolidacna in the sale of majority stake
of Postova banka.
Institute for Forecasting, Slovak Academy of Sciences Bratislava
(1990-now)
Head of the Economic Policy Department, Presidential Office
of the Slovak Republic (1994),
External Advisor to Minister of Finance of the Slovak Republic (1994),
Head of Department, Institute of Regional Economic Planning Bratislava
(1984-1990)
Computing laboratory of Slovak Planning Committee (1978 - 1984)
Consultant of several governmental, professional and private entities (i.e. the Ministry of Agriculture of the Slovak Republic, Bratislava (1992-93, 1995), National Bank of Slovakia, Confederation of Trade Unions and other institutions, Presidential Office of the Slovak Republic (1993), the Commission for Economic Strategy of the Government of the Slovak Republic Bratislava (1992), the Ministry for Strategic Planning of Czechoslovakia Prague, (1991))
Memberships in Professional Bodies
Member of the Editorial Board, Journal of Economics, Institute of
Economics, Bratislava (1994 -),
Member of the Scientific Board, Institute for Forecasting of Slovak
Academy of Sciences (1994 - 1998),
Member of the ILO-CEET experts group on wages (1995), member of the
Scientific Board, Faculty of Economics, Economic University Bratislava
(1993-1997),
Member of the Programme Board of Institute for Liberal Studies, Bratislava
(1995 - 1997),
Member of Economic Science Advisory Board of Slovak Academy of Sciences
(1996 - 1998),
Member of the Steering Group and head of a working team for drafting
a document Medium-term Priorities of the Economic Policy of SR, a joint
document of the Slovak Government and EU. Leader and team-member in several
international research projects (1999),
author and co-author of more than 100 research studies and articles,
co-author of macroeconomic forecasts of the Slovak economy (the project
running since 1991).
PUBLICATIONS
Over 110 scientific publications (available upon request).