On Friday, May 10, 2018, as a guest of the Forum for Strategic Studies (FORST) the lecture was given by Prof. Dr. Aaro Hazak, Professor at the University of Technology in Tallinn, Estonia.

The topic of his presentation was “Institutions for sustainable socio-economic development: Technological change and individual welbeing”, and within the mentioned topic Dr. Hazak offered an informative presentation on the importance of economic institutions for sustainable socio-economic development, with special emphasis on specific cases of transition countries in building stable economic institutions.

Dr. Hazak’s presentation was accompanied by a fruitful interactive discussion by associates of the Forum for Strategic Studies and other guests who attended the lecture.