NEWS 
                                                                   March 28, 1997


ECONOMIC SPEAKER SERIES PRESENTS PROFESSOR LEONARD WAVERMAN
       

       Dr. Leonard Waverman will be the next speaker in the Commission's Economic
Speaker Series.  He is a professor in the Department of Economics at the University of
Toronto and is a Principal in the Law and Economics Consulting Group.  Currently he is a
visiting fellow at the Brookings Institution in Washington and a visiting professor at the
London Business School.  He is also a Director of the Global Forum on Competition and
Trade Policy sponsored by the International Bar Association and the World Bank.

       He will speak on Wednesday, April 2, 1997, from 1:00 pm - 3:00 pm in the
Commission Meeting Room, Room 856, at 1919 M Street, NW, Washington, DC.  In his
presentation, Dr. Waverman will be discussing his paper "Telecommunications Infrastructure
and Economic Development: A Simultaneous Approach." According to Dr. Waverman, the
paper investigates how telecommunications infrastructure affects economic growth.  

       Dr. Waverman specializes in anti-trust, telecommunications economics, international
trade, industrial organization, and energy issues.  He has authored numerous scholarly works,
was on the recent Advisory Committee on Introducing Competition in Ontario's Electricity
System, Province of Ontario, and a Board Member on the Ontario Energy Board, as well as
the Ontario Telephone Service Commission.  He was a member of NARUC, the National
Association of Regulatory Utility Commissioners, for 6 years.
 
       This presentation is open to the public, reservations are not necessary.  Copies of the
paper Dr. Waverman will be discussing are available from James Pettler at (202) 418-2043.  

       Additional Information contact: James Pettler (202) 418-2043.
       News Media contact: Meribeth McCarrick at (202) 418-0256.


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