John Bonin, the Chester D. Hubbard Professor of Economics and Social Science, tutor in the College of Social Studies, led the Presidential Address during the Allied Social Science Association American Economic Association meetings in Atlanta, Ga. Jan. 3-5. As outgoing president of the Association for Comparative Economic Studies (ACES), Bonin spoke on "From Reputation Amidst Uncertainty to Commitment Under Stress: A Decade of Foreign-owned Banking in Transitioning Economies." He focused on the experiences of 10 transition countries (Czech Republic, Hungary, Poland, Slovakia, Slovenia, Bulgaria, Romania, Croatia, Serbia and Russia) regarding the reforming, or developing, of their banking sectors. In all…