Gerhard Schwödiauer, Professor, Faculty of Economics and Management, Otto-von-Guericke University of Magdeburg (Germany). Scientific papers: Publications on the theory of oligopolies, game theory and general balance theory, macro-econometrics, environment and population economy, oldage insurance and revenues distribution, money and fiscal policy. Sphere of scientific research interests: analysis of the interaction of money and fiscal policies, macroeconomic application of the computable calibrated balance models. In recent years he has focused on the economic reform problems in transition countries of the Eastern Europe.