Economist Ilie Serbanescu has died at the age of 81, politicians and journalists, including George Simion, Maria Grapini, Victor Ciutacu, Marius Ghilezan and Ovidiu Zara, reported on Monday.

Publicist and economic analyst Ilie Serbanescu was born on June 20, 1942.

He graduated from the Bucharest School of Economic Studies (ASE), then, in 1978, he became a doctor in economics.

He is author of „Transnational Corporations” (1978), „Terra: a portrait in black and white” (1980), „Economic reform in Romania: half measures double social costs” (1994), „Manifesto of the immobilist party” (1996), as well as over 1,500 articles and studies on the post-December 1989 reform in Romania.

He published analytical articles for economic and financial newspapers.

Serbanescu was minister of reform, chairman of the Council for Reform, in the reshuffled Ciorbea Cabinet (December 5, 1997 – April 17, 1998).

AGERPRES