SUERF

Program

Time

Wednesday, 16 October 2019

07:45

Registration and welcome breakfast

08:15

Welcome and opening remarks

Michala Marcussen, SUERF Vice President I Société Générale

Jan Svejnar, Director, Center on Global Economic Governance, Columbia I SIPA

08:30

SESSION 1 - HOW TO COPE WITH CYCLICAL DOWNTURN? THE QUEST FOR POLICY SCOPE

Keynote Addresses

Klaas Knot, President, De Nederlandsche Bank

Speech

Marco Buti, Director-General for Economic and Financial Affairs, European Commission presentation

What role for fiscal vs monetary policy? Which has more scope left? How to combine them?

09:40

Panel 1 - How to cope with cyclical downturn? The quest for policy scope

Chair: Ernest Gnan, SUERF Secretary General I Oesterreichische Nationalbank

Andrew McDowell, Vice President, European Investment Bank

Angel Ubide, Managing Director, Citadel LLC presentation

Boris Vujcic, Governor, Central Bank of Croatia presentation

Patricia Mosser, Founding Director, Initiative on Central Banking, Columbia University

10:50

Coffee

11:20

SESSION 2 - TECHNOLOGICAL CHANGE AND DIGITALIZATION: THE ULTIMATE BATTLEGROUND

Keynote Addresses

Lars Rohde, Governor, Danmarks Nationalbank presentation

Challenges of digitalisation for the banking industry

Lorenzo Bini Smaghi, Chairman, Société Générale presentation

Innovation, digitalization and economic transformation. Impact of technology leadership on the real economy. Laggards and leaders, constraints and social implications.

12:15

Panel 2 - Technological change and digitalization: the ultimate battleground

Chair: Debora Revoltella, Director of the Economics Department, European Investment Bank I SUERF

Presentation of key results of the EIB survey on “Europe vs US digitalisation”

Nicolas Véron, Senior Fellow, Bruegel and Peterson Institute for International Economics

Susan Athey, Associate Director, Stanford Institute for Human-Centered Artificial Intelligence

Ambroise Fayolle, Vice-President, European Investment Bank

13:30

Lunch

14:15

SESSION 3 - COMPETING CURRENCIES

Chair: Jan Svejnar, Director, Center on Global Economic Governance, Columbia I SIPA

Can the Euro challenge the USD”s leading global role? Or rather the renminbi?

Stijn Claessens, Head of Financial Stability Policy, Bank for International Settelments presentation

Jean-Pierre Danthine, President of the Board of directors, PSE presentation

Romain Ranciere, Chair, Department of Economics, University of Southern California presentation

Fireside Chat on the role of the UK in the transatlantic economy

Chair: Michala Marcussen, SUERF Vice President I Société Générale
Andrew McDowell, Vice President, European Investment Bank
Edward Price, Head of Economic & Financial Sector Policy, Department for International Trade| British Consulate-General

14:40

Panel 3 - Competing currencies

Chair: Jan Svejnar, Director, Center on Global Economic Governance, Columbia I SIPA

Stijn Claessens, Head of Financial Stability Policy, Bank for International Settlements

Natacha Valla, Deputy Director General for Monetary Policy, ECB I SUERF

Jean-Pierre Danthine, President of the Board of directors, PSE

16:00

Coffee

16:20

SESSION 4 - DEBT VS EQUITY: WHERE IS THE OPTIMAL BALANCE?

Chair: Jakob De Haan, SUERF President I De Nederlandsche Bank

Olivier Garnier, Director General for Economics and International, Banque de France presentation

Helmut Kraemer-Eis, Chief Economist, European Investment Fund presentation

Patrick Bolton, Professor of Economics, Columbia University

Markus Rodlauer, Head of Economic and Market, ESM

We have seen a number of blue-chip companies simply “hollowed out” through leverage and equity buybacks. This not only raises concerns from a financial stability point of view, but is also the political arena are increasingly debating tax treatment of debt vs equity, etc

17:20

Closing Address

Werner Hoyer, President, European Investment Bank

17:30

Closing Remarks

Jakob De Haan, SUERF President I De Nederlandsche Bank

Tags:

(Geo)Politics and economic history Economic policy and Political economy Macroeconomics, Growth and real economy

Racing for Economic Leadership: EU and US Perspectives

Venue

Format

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In cooperation with

Program

Racing for Economic Leadership: EU and US Perspectives

Venue

Format

Date

In cooperation with

Program

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