"Dear Esteemed Colleagues in Applied Economics, ...
...I heartly encourage you to continue and expand the CEA activity - in particular, the cultivation of good working relationships with industry and other policy makers, the continual upgrading of your research facilities (computers, software, network, researcher and industry liasons, associate and visiting researchers and lecturers), and, lastly but perhaps most importantly, the pursuit of rigorous economic analysis of applied problems.
Firm foundations in the analysis of relevant, real world problems, economic theory and quantitative (as well as qualitative) analysis are key ingredients of a successful research and educational program in applied economics..."
President of the International Scientific Committee
Club of Applied Economics
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