Institution(s): Faculty of Business and Economics

Date: May 14, 2002 (Tuesday)

Time: 03:30 pm - 06:30 pm

Venue: Rayson Huang Theatre, The University of Hong Kong

Cost: Free of Charge

Contact: Ms. Mabel Woo, Tel: 2859 2192

Abstract:

Professor Andrei Shleifer is currently Professor of Economics at Harvard University. He is the 1999 recipient of the John Bates Clark Medal, a prestigious award presented by the American Economic Association to an outstanding economist under the age of 40. The Clark Medal citation singles out his contributions to three fields: corporate finance, financial markets and transition economics. His contributions in these areas have shaped the basic paradigms and triggered a large volume of follow-up research. Professor Shleifer is acknowledged by the profession as one of the most innovative minds working on economic issues. In this lecture, Professor Shleifer will address the administration of justice in different countries, the efficiency of such administration, and the choice between regulators and judges in enforcing laws. Some of the issues to be discussed include legal history, efficiency of judicial system around the world and the rise of the regulatory state.