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FOR IMMEDIATE RELEASE

Contact: Patricia Coen 609/258-5764
Date: September 11, 1997

Lecture to Address Privatization
of Social Security

Princeton, N.J. -- Eytan Sheshinski, Sir Isaac Wolfson Professor of Public Finance at The Hebrew University, Jerusalem, and a visiting professor at Harvard University, will give a lecture entitled "Privatization of Social Security" at Princeton University's Woodrow Wilson School of Public and International Affairs on Wednesday, October 8, in Robertson Hall, Bowl 6, at 4:30 p.m.

Sheshinski, an expert on public economics and privatization, also is a strategic adviser to Koor Industries, Israel. Having served as chair of Koor's board of directors from 1990 to 1995, he is now a member of the boards of two of its major subsidiaries: Tadiran, an electronics and telecommunications corporation, and Makhteshim, a chemical and telecommunications corporation. In 1996 the Israeli government appointed Sheshinski to a committee that recommends methods to accelerate the sale of state-owned enterprises, including the free distribution of stock. He is also the director of the Harvard Institute of International Development (HIID), of the International Program on Privatization and Regulatory Reform.

Besides Harvard, Sheshinski has served on the faculties of a number of major academic institutions, including Stanford University, MIT, and the University of California at Berkeley. He is coeditor, with Y. Weiss, of Optimum Pricing, Inflation, and the Cost of Price Adjustment (1993) and has served as associate editor of the Journal of Public Economics (1972 96) and as coeditor of Econometrica (1977 81). Sheshinski has led workshops in La Paz, Bolivia, on social security privatization (1996), and at Harvard (1996, 1997) and in Kuala Lumpur, Malaysia (1996) on privatization. He is currently working in Romania on a Pro-Democratia project that focuses on privatization, restructuring, and pension funds.

Sheshinski's lecture is sponsored by the Woodrow Wilson School of Public and International Affairs.

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