Is the euro sustainable
|
|
- Avis Mosley
- 6 years ago
- Views:
Transcription
1 Is the euro sustainable, Germany
2
3 Considerable actions at the EU level and by the European Central Bank have been taken to make the Eurozone economically resilient. While the economic risks may have been banned, electoral events in recent years, including the Brexit vote, have made it clear that the euro system might come under attack from other directions. The probability of such political shocks occuring might have diminished in recent years, but the possibility of such events to threaten the system cannot be completely excluded. It is therefore important to understand the adverse impacts that such events can entail. This high-level international conference addresses the question of political resilience, the devastating economic experiences from comparable events in the past, and actions and remedies that should be taken in case such events occur in the future. Organizers Kai A. Konrad received his PhD from the Ludwig Maximilian University of Munich (1990). He was a professor of public economics at the Freie Universität Berlin (until 2009). He is director at the Max Planck Institute for Tax Law and Public Finance in Munich (since 2011) and a distinguished affiliate professor at. He was the chairman of the Council of Scientific Advisors to the German Ministry of Finance ( ). Jörg Rocholl received a PhD in finance and economics from Columbia Business School in New York (2004). He is president of (since 2011), professor and EY Chair in Governance and Compliance (since 2010). He is a member of the Economic Advisory Board to the German Ministry of Finance (since 2011). 1
4 WLAN Network: User: Password: esmt-guest eurozone esmt 2
5 Program 10:15 registration 10:45 welcome and opening Kai A. Konrad, MPI for Tax Law and Public Finance Jörg Rocholl, 11:00 session I - Keynotes Stabilizing the euro: Where do we stand? Christoph M. Schmidt, RWI - Leibniz Institute for Economic Research Political risk: A view from public opinion research Bruce Stokes, Pew Research Center 12:15 lunch 13:30 session II - Keynote How to cope with target imbalances Hans-Werner Sinn, ifo Institute - Leibniz Institute for Economic Research at the LMU Munich 14:30 Panel I - What can we learn from history? moderator: Philip Plickert, Frankfurter Allgemeine Zeitung Luca Einaudi The Latin Monetary Union Albrecht Ritschl How the aftermath of a Eurozone breakup could look like if history is any guide Jeromin Zettelmeyer The Argentinian disaster/experience 16:00 coffee break 16:30 Panel II - Thinking about the unthinkable moderator: Ursula Weidenfeld, Economics Journalist Clemens Fuest Costas Lapavitsas Xavier Ragot [Art 50] ways to leave the euro does the Eurozone need an exit clause? How and why did Greece stay in the EMU? Saving the Eurozone. Why and how? 18:00 closing Kai A. Konrad, MPI for Tax Law and Public Finance Jörg Rocholl, 18:15 Drinks reception 3
6 Session I 11:00-12:15 Keynote Stabilizing the euro: Where do we stand? Christoph M. Schmidt Christoph M. Schmidt received a PhD from Princeton University (1991) and obtained his habilitation from the University of Munich (1995). He was a professor at the University of Heidelberg (until 2002) and then became a professor of economics and econometrics at Ruhr University Bochum. He is president of the RWI Leibniz Institute for Economic Research (since 2002) and is serving as member (since 2009) and chairman (since 2013) of the German Council of Economic Experts (GCEE). In its coalition agreement, the prospective new grand coalition German government is providing strong indications that European issues will take center stage on its political agenda. In principle, this is good news for European integration. Yet, the quality of the actual steps taken under this heading will be decisive for its success. Ultimately, only an incentive-compatible European architecture will constitute a sustainable engine of peace and prosperity. The key to ascertaining this stable architecture will be the adamant insistence on a healthy balance between principles and pragmatism. The current political discourse on reforming the Eurozone architecture is highly polyphonic, though, and therefore offers little guidance. In the reality of political developments, this architecture has been transformed in the direction of the concept proposed by the GCEE as Maastricht 2.0. By contrast, prominent political rhetoric has emphasized quite different themes, evidenced for instance by the Five Presidents Report. This presentation aims at sorting out this variegated argumentative spectrum. 4
7 and what if it not? Session I 11:00-12:15 Keynote Political risk: A view from public opinion research Bruce Stokes Bruce Stokes is director of global economic attitudes at the Pew Research Center, where he assesses public views about economic conditions, foreign policy, and values. He is also a non-resident fellow at the German Marshall Fund and an associate fellow at Chatham House. He is the former international economics correspondent for the National Journal, a former senior transatlantic fellow at the German Marshall Fund, and a former senior fellow at the Council on Foreign Relations, where he is a member. Stokes is author of the recent Pew Research Center studies: U.S. Image Suffers as Publics Around the World Question Trump s Leadership; Post Brexit, Europeans More Favorable Toward EU; Globally, Broad Support for Representative and Direct Democracy. Stokes is a graduate of Georgetown University s School of Foreign Service and Johns Hopkins University s School for Advanced International Studies. The reputation of the European Union and Europeans commitment to the European Project suffered in the wake of the global financial crisis a decade ago, especially in southern Europe. The economic downturn only reinforced Europeans frustration with Brussels inefficiency and intrusiveness. Nevertheless, support for the euro remained strong in most euro area countries, with the exception of Italy. And Europeans also continued to believe that the European Project had contributed to peace in Europe, reaffirming the founding ideals of the European Community. The refugee crisis and the perceived mishandling of this issue have led to new public criticism of the EU. This challenge to European solidarity has fueled the rise of rightwing populist parties, whose adherents are often Euroskeptical. At the same time, while in none of the euro area countries does the population want to leave the EU, strong majorities now express a desire for more direct voting through referenda on issues of major national importance, including on continued participation in the European Project. Bruce Stokes, director of global economic attitudes at the Pew Research Center, will discuss trends in European public views in the wake of the euro crisis based on Pew s annual survey of European countries. 5
8 Session II 13:30-14:30 Keynote How to cope with target imbalances Hans-Werner Sinn In recent years, the target balances of the euro countries, which represent public international credit drawn from the Eurosystem, have risen to unprecedented levels. The lecture will present their origins and alternative ways of coping with them while trying to draw lessons from alternative currency systems. Hans-Werner Sinn obtained a doctorate (1978) and his habilitation (1983) from the University of Mannheim. He was appointed professor of economics and public finance at the Ludwig Maximilian University of Munich (1984) and president of the ifo Institute in Munich (1999), retaining both titles until his retirement (2016). He founded and governed the Center for Economic Studies and the international CESifo Research Network. 6
9 Panel I 14:30-16:00 What can we learn from history? the Latin Monetary Union Luca Einaudi is an economist and a historian. He holds a PhD in economic history from the University of Cambridge, is a research associate of the Centre for History and Economics, Cambridge, and was a visiting professor at the Institut de Sciences Politiques in Paris and a visiting fellow at the University of Princeton and at Harvard University. He is currently a general director in the Department for Economic Policy and Planning of the Italian Prime Minister s Office. He was an economic advisor to Prime Minister Romano Prodi in 1998, a member of the Cabinet of the Minister for the Governmental Programme in and a senior economist in the Italian G8/G20 office in The Latin Monetary Union (LMU ) was formed between France, Italy, Belgium, Switzerland, and Greece, initially with the view to facilitate trade. However, during its first five years of existence, the LMU acquired a more ambitious geopolitical role, with an attempted expansion throughout Europe. The defeat of France in the Franco-Prussian War of 1870 and the slow movement from its bimetallist base (gold and silver on an equal footing with a monetary base) toward a growing international gold standard stalled the LMU s expansion. The management of the LMU proved that the initial agreement was very incomplete. Continuous negotiations and adaptation of rules were necessary to maintain the monetary union, backed by the threat of the cost of dissolution for weaker members but also through forms of flexibility that allowed the weakest states to suspend or limit the extent of their participation in the LMU until their financial situations improved. In the end, the LMU proved long-lasting but with a declining role before ultimately succumbing to the shock of WWI and to the divergent national policies implemented for postwar monetary stabilization. 7
10 Panel I 14:30-16:00 What can we learn from history? how the aftermath of a Eurozone breakup could look like if history is any guide Albrecht Ritschl, born in Munich, Germany, in 1959, is a professor of economic history at the London School of Economics and a fellow at the Centre for Economic and Policy Research (CEPR). He was previously a professor of economics at Humboldt University of Berlin, at the University of Zurich, and an associate professor of economics at Universitat Pompeu Fabra. He has published extensively on German economic history in the 20th century, with a focus on the Great Depression and the 1930s. He received wide press coverage for his warnings against an overly strict approach toward the Greek debt problem. Ritschl has been directing a major collaborative research project on the history of Germany s economic ministries since 1918, and is currently the lead researcher in a similar project on the history of the Reichsbank and the Bundesbank. Fault lines appear across currency areas and currency unions some time before they disintegrate. The aftermath is strong and appears to be regionally clustered. This short panel presentation will look into historical evidence on the gold standard and its eventual breakdown, as well as further evidence on currency union breakups. None of the evidence examined bodes very well for the immediate aftermath of a Eurozone breakup. Historical evidence on the medium-term consequences is mixed. 8
11 and what if it not? Panel I 14:30-16:00 What can we learn from history? the Argentinian disaster/experience Jeromin Zettelmeyer is a senior fellow of the Peterson Institute for International Economics, a research fellow at the Centre for Economic and Policy Research, and a member of CESifo. From 2014 until September of 2016, he served as director general for economic policy at the German Federal Ministry for Economic Affairs and Energy. Previously, he was the director of research and deputy chief economist at the European Bank for Reconstruction and Development ( ), and before that a staff member of the IMF ( ). His research interests include financial crises, sovereign debt, and economic growth. What are the parallels between Argentina s recession, devaluation and default, and the euro crisis, as experienced by Greece, in particular? What lessons, if any, can we learn from this comparison about (1) the sustainability of the euro, (2) the management of any future euro crises? The presentation will answer these questions by comparing causes, crisis management, and outcomes of the two crises. Moderator: Philip Plickert, born in 1979, has studied economics and economic history at the University of Munich and graduated from the London School of Economics. In 2007 he earned a PhD from the University of Tübingen. In the same year, he started working as an economics editor of Frankfurter Allgemeine Zeitung (FAZ), where he covers macroeconomics, monetary policy, economic science, and other topics. In addition, he has been a lecturer at Goethe-University Frankfurt and at the University of Siegen. 9
12 Panel II 16:30-18:00 Thinking about the unthinkable [Art 50] ways to leave the euro does the Eurozone need an exit clause? Clemens Fuest obtained his doctorate in economics from the University of Cologne (1994). He was a professor at the University of Cologne ( ), the University of Oxford ( ), and the University of Mannheim ( ), where he also served as president of the Centre for European Economic Research. He is now president of the ifo Institute in Munich, director of the Center for Economic Studies, and a professor at the Ludwig Maximilian University of Munich (since 2016). This presentation discusses the pros and cons of introducing an exit clause as an element of the reform of the Eurozone. Currently the only established procedure for EU member states to leave the euro is via the Art 50 TEU procedure. Exit clauses have the advantages of reducing the cost of exit if it occurs, and protect individual countries against exploitation. The disadvantage is that they may increase the likelihood of inefficient exit. Exit from currency unions may lead to runs and therefore require a design which differs from the design of other exit clauses. Moderator: 10 Ursula Weidenfeld received her doctorate from the University of Bonn. She works as an economics journalist and columnist in Berlin and Potsdam. Prior to this, she worked as editor in chief with Impulse, deputy editor in chief (Der Tagesspiegel), companies editor (Financial Times Deutschland), and correspondent (Wirtschaftswoche). She studied economic history, economics, and German literature in Bonn and Munich. She has a regular column with Tagesspiegel and T-online. She also writes books on current economic and political issues: Gelduntergang. Wie Banken und Politik unsere Zukunft verspielen (München 2012, co-authored with Michael Sauga); Regierung ohne Volk, Warum unser politisches System nicht mehr funktioniert (Berlin 2017).
13 Panel II 16:30-18:00 Thinking about the unthinkable how and why did Greece stay in the emu? Costas Lapavitsas is a professor of economics at the School of Oriental and African Studies, University of London. His research during the last few years has focused on the Eurozone and on the financialization of capitalism. He has published widely in the academic field and writes frequently for the international and the Greek press. In January 2015, he was elected to the Greek Parliament with the incoming SYRIZA party, but left in August 2015 when the third bailout of Greece was signed. His most recent books include Against the Troika: Crisis and Austerity in the Eurozone (Verso 2015, co-authored with H. Flassbeck); Profiting Without Producing (Verso 2013). An EMU exit will remain on the agenda for several countries in the foreseeable future. This presentation will examine the feasibility of an exit by considering its likely impact on the assets and liabilities of the main economic sectors of the economy. A method of calculating this stock effect will be proposed and applied to Greece. The presentation will also consider some of the legal aspects of an exit, including those referring to TARGET2. 11
14 and what if it not?
15
16 Schlossplatz Berlin Max Planck Institute for Tax Law and Public Finance Marstallplatz Munich Stiftung Geld und Währung Deutsches Stifungs-zentrum GmbH Barkhovenallee Essen
Spain needs to reform its pensions system even at the cost of future cutbacks in other areas, warns the President of the ifo Institute
www.fbbva.es DEPARTMENT OF COMMUNICATION AND INSTITUTIONAL RELATIONS ANNOUNCEMENT Presentation of the EEAG Report What Now, With Whom, Where To The Future of the EU Spain needs to reform its pensions system
More informationReflections on Americans Views of the Euro Ex Ante. I am pleased to participate in this session on the 10 th anniversary
Reflections on Americans Views of the Euro Ex Ante Martin Feldstein I am pleased to participate in this session on the 10 th anniversary of the start of the Euro and the European Economic and Monetary
More informationInternational Symposium on Challenges of Criminal Trials
International Symposium on Challenges of Criminal Trials Max Planck Institute for Foreign and International Criminal Law 11 July 2017 Fürstenbergstraße 19, Freiburg/Germany 9:00 Welcome Address and Introduction
More informationWhat is the role of the GCEE?
Prof. Dr. Christoph M. Schmidt Chairman of the German Council of Economic Experts What is the role of the GCEE? The Council of Economic Experts is an academic body advising both German policy makers and
More informationEuropean Studies Munich Prague Vienna
European Studies Munich Prague Vienna An ever closer Union? The European Union in crisis June 3 28, 2019 www.nus-misu.de Munich Arrival: 2 June Sessions: 3 17 June Departure: 17 June Session will take
More informationEuro Sustainability. T2 Balances: A Legal Perspective
03 2018 Autumn Vol. 16 RESEARCH REPORT T2 Balances: A Legal Perspective Phoebus L. Athanassiou Resource-related Income Shocks and Conflict Kai Gehring, Sarah Langlotz FORUM Euro Sustainability Kai A. Konrad,
More informationExpectations of the Berliner Republik
Expectations of the Berliner Republik Berlin, 27-28 January This event on Expectations of the Berliner Republik will bring together German and European thinkers, politicians, academics, journalists and
More informationMIGRATION CHALLENGE OR OPPORTUNITY?
1 5 t h M u n i c h E c o n o m i c S u m m i t Hotel BAYERISCHER HOF Promenadeplatz 2-6 80333 Munich MIGRATION CHALLENGE OR OPPORTUNITY? Preliminary Programme (as of 30 May 2016) Europe s immigration
More informationCourse Requirements: Arcadia University The College of Global Studies 1
Course Title: Political Economy of the EU: Crisis & Change Course Code: GREA ECMO 380 (cross listed as PSMO 380) Subject: Economics, Political Economics, Political Science Credits: 3 Semester/Term: Semester
More informationAn Update on the Greek and the European Crises
Tufts University EPIIC Institute for Global Leadership October 8, 2015 Four Parts 1 Part 1: The Greek and the European Crises; an Overview. Ioannides and Pissarides, Is the Greek Crisis One of Supply Or
More informationThe Future of the Euro. Matthias Matthijs Assistant Professor of IPE Johns Hopkins SAIS Washington, DC
The Future of the Euro Matthias Matthijs Assistant Professor of IPE Johns Hopkins SAIS Washington, DC Summary of Today s Talk Hotel California? Moving from Optimum to Minimum The political foundations
More informationThe EU at 60: Part II
The EU at 60: Part II April 17, 2017 by Bill O Grady of Confluence Investment Management Last week, we began our retrospective on the EU. This week we will examine the post-cold War expansion of the EU,
More informationConference. The Division of Competences in the EU Legal Order a Post-Lisbon Assessment
European Legal Studies Etudes Européennes Juridiques Conference The Division of Competences in the EU Legal Order a Post-Lisbon Assessment 1. Introduction: theme of the conference Reflecting the power
More informationWorkshop on. Development in Criminal Justice Policy and Research in China. Max Planck Institute for Foreign and International Criminal Law
Workshop on Development in Criminal Justice Policy and Research in China 7 January 2015 Fürstenbergstraße 19, 79100 Freiburg 9:00 Welcome Address and Introduction Professor Dr. Dr. h.c. Hans-Jörg Albrecht
More informationShould Fiscal Policy be Set by Politicians?
Should Fiscal Policy be Set by Politicians? E. Maskin Harvard University Jean Monnet Lecture European Central Bank Frankfurt September 29, 2016 European Union an enormous success 2 European Union an enormous
More informationCIO Markets Report. Key Observations Implications Markets Charts. Stephen Sexauer, CIO. CIO Markets Report
Key Observations Implications Markets Charts Key Observations and Implications 1. 2017 Eurozone Votes Loom. There are three key Eurozone elections in 2017: The Netherlands, France, and Germany. Table 1
More informationThe New Sick Man of Europe: the European Union
NUMBERS, FACTS AND TRENDS SHAPING YOUR WORLD Search Released: May 13, 2013 The New Sick Man of Europe: the European Union French Dispirited; Attitudes Diverge Sharply from Germans OVERVIEW The European
More informationWinners and Losers of Globalisation. Agenda. Torino, Italy November, Collegio Carlo Alberto Piazza Arbarello Torino Italy
Winners and Losers of Globalisation Agenda Torino, Italy 14 15 November, 2017 Collegio Carlo Alberto Piazza Arbarello 8 10122 Torino Italy Vision Europe is a consortium of think tanks and foundations,
More informationProgress through crisis? Conference for the 20th anniversary of the establishment of the European Monetary Institute
28 February 2014 Progress through crisis? Conference for the 20th anniversary of the establishment of the European Monetary Institute Introduction by Luc Coene, Governor of the National Bank of Belgium
More informationThere Is an Alternative: The Flexible European Currency Community
There Is an Alternative: The Flexible European Currency Community Fritz W. Scharpf 1. Background The following text is part of a longer article which, in its preceding sections, is trying to make several
More informationSTEFFEN REINHOLD. Private address: Uhlandstr Mannheim, Germany
University of Mannheim Department of Economics L7, 3-5 68131 Mannheim, Germany http://reinhold.vwl.uni-mannheim.de/ Date of birth: October 27th, 1976 Private address: Uhlandstr. 1 68167 Mannheim, Germany
More informationCONFERENCE Getting Policy Knowledge into Government: the Greek and European Experiences
CONFERENCE Getting Policy Knowledge into Government: the Greek and European Experiences Thursday 19 May 2016 Bank of Greece, Athens, Greece Hosted by Organiser The Hellenic Observatory (HO), located in
More informationCHALLENGES OF THE RECENT FINANCIAL CRISIS UPON THE EUROPEAN UNION ECONOMIC GOVERNANCE
CHALLENGES OF THE RECENT FINANCIAL CRISIS UPON THE EUROPEAN UNION ECONOMIC GOVERNANCE MIHUȚ IOANA-SORINA TEACHING ASSISTANT PHD., DEPARTMENT OF ECONOMICS, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION,
More informationList of topics for papers
General information List of topics for papers The paper has to consist of 5 000-6 000 words (including footnotes). Please consider the formatting requirements. The deadline for submission will generally
More informationMigration: Global challenges, European responses
EUROPEAN UNION Committee of the Regions Migration: Global challenges, European responses Institute Leibniz Institute for Economic Research at the University of Munich 7 th Brussels International Economic
More informationChapter 21 (10) Optimum Currency Areas and the Euro
Chapter 21 (10) Optimum Currency Areas and the Euro Preview The European Union The European Monetary System Policies of the EU and the EMS Theory of optimal currency areas Is the EU an optimal currency
More informationETUC Platform on the Future of Europe
ETUC Platform on the Future of Europe Resolution adopted at the Executive Committee of 26-27 October 2016 We, the European trade unions, want a European Union and a single market based on cooperation,
More informationTHE DESTABILIZING POTENTIAL OF EUROPE S MIGRANT CRISIS BY ANWITI BAHUGUNA, PH.D GLOBAL PERSPECTIVES
THE DESTABILIZING POTENTIAL OF EUROPE S MIGRANT CRISIS BY ANWITI BAHUGUNA, PH.D. 2016 GLOBAL PERSPECTIVES THE DESTABILIZING POTENTIAL OF EUROPE S MIGRANT CRISIS Europe s worsening migrant crisis could
More informationThe politics of the EMU governance
No. 2 June 2011 No. 7 February 2012 The politics of the EMU governance Yves Bertoncini On 6 February 2012, Yves Bertoncini participated in a conference on European economic governance organized by Egmont
More informationImmigration, Citizenship, and Constitutional Identity: Germany in a Global Perspective
International Conference Immigration, Citizenship, and Constitutional Identity: Germany in a Global Perspective Thursday Friday, June 9 10, 2016 Berlin Conference Organizers: Jürgen Bast, Justus-Liebig-Universität
More informationJean-Claude Trichet: Completing Economic and Monetary Union
Jean-Claude Trichet: Completing Economic and Monetary Union Speech by Mr Jean-Claude Trichet, President of the European Central Bank, at the Gala Dinner of the State of the European Union conference Revitalising
More informationCURRICULUM VITAE PROFESOR DR. MILAN ŠKULIĆ
CURRICULUM VITAE PROFESOR DR. MILAN ŠKULIĆ 1. Family name: Škulić 2. First names: Milan 3. Date of birth: 04/05/1968 4. Nationality: n 5. Civil status: married, 2 children 6. Education: B.A. Lawyer, Master
More informationFrankfurt am Main, November 23, 2012
Frankfurt European Banking Congress, November 23, 2012 www. frankfurt-ebc.com Friday, November 23, 2012 9.00 a.m. Registration and Coffee 10.00 a.m. Welcome Peter Feldmann Opening Keynote Speech Mario
More informationRevue Française des Affaires Sociales. The Euro crisis - what can Social Europe learn from this?
Revue Française des Affaires Sociales Call for multidisciplinary contributions on The Euro crisis - what can Social Europe learn from this? For issue no. 3-2015 This call for contributions is of interest
More informationThe four freedoms in the EU: Are they inseparable?
The four freedoms in the EU: Are they inseparable? The four freedoms govern the movement of goods, persons, services and capital within the EU. They are the cornerstones of the Single Market and the common
More informationChapter 20. Preview. What Is the EU? Optimum Currency Areas and the European Experience
Chapter 20 Optimum Currency Areas and the European Experience Slides prepared by Thomas Bishop Copyright 2009 Pearson Addison-Wesley. All rights reserved. Preview The European Union The European Monetary
More informationTENTH ANNUAL TRANSATLANTIC LAW FORUM
TENTH ANNUAL TRANSATLANTIC LAW FORUM HENRY G. MANNE PROGRAM IN LAW & ECONOMICS STUDIES SEPTEMBER 15 16, 2017 TENTH ANNUAL TRANSATLANTIC LAW FORUM Friday, September 15 9:30 AM - 10:00 AM REGISTRATION Founders
More information44 th Annual Conference Annual Conference of the International Association for the Study of German Politics (IASGP)
44 th Annual Conference Annual Conference of the International Association for the Study of German Politics (IASGP) GESIS - Leibniz Institute for the Social Sciences Unter Sachsenhausen 6-8, 50667 Köln,
More informationChallenging Multilateralism and the Liberal Order
Challenging Multilateralism and the Liberal Order June 9, 2016 In May 2016 the Council on Foreign Relations International Institutions and Global Governance program, the Stanley Foundation, the Global
More informationMonetary Theory and Central Banking By Allan H. Meltzer * Carnegie Mellon University and The American Enterprise Institute
Monetary Theory and Central Banking By Allan H. Meltzer * Carnegie Mellon University and The American Enterprise Institute It is a privilege to present these comments at a symposium that honors Otmar Issing.
More informationCEREMONY OF CONFERMENT. Friday, 8 November 2013 THESSALONIKI. Presentation by PROFESSOR NICOLAS MOUSSIOPOULOS of PROFESSOR FRANZ JOSEF RADERMACHER
CEREMONY OF CONFERMENT Friday, 8 November 2013 THESSALONIKI Presentation by PROFESSOR NICOLAS MOUSSIOPOULOS of PROFESSOR FRANZ JOSEF RADERMACHER for the title of DOCTOR OF SCIENCE HONORIS CAUSA The International
More informationOpening speech by Aart De Geus, Chairman and CEO, Bertelsmann Stiftung
Brussels Think Tank Dialogue State of the Union 2014 The EU's New Leaders: Key Post-election Challenges Brussels, 28 January 2014 Opening speech by Aart De Geus, Chairman and CEO, Bertelsmann Stiftung
More informationAddress given by Lars Heikensten on the euro (Stockholm, 4 September 2003)
Address given by Lars Heikensten on the euro (Stockholm, 4 September 2003) Caption: On 4 September 2003, ten days after the national referendum on the adoption of the single currency, Lars Heikensten,
More informationThe critics who announced in 2011 and 2012 the
Growth, Convergence and Social Conditions: Where is Europe Headed? Jacques Mistral Nonresident Senior Fellow, The Brookings Institution; Special Advisor, Institut Français des Relations Internationales;
More informationEQUITY INVESTING: A Long Term View From The Global Perspective
EQUITY INVESTING: A Long Term View From The Global Perspective Global Economy Past Decade Information Technology Interconnectivity Globalization Boom to Bust Lost Decade Global Growth Rates Global Growth
More informationThe Monetary Dialogue and Accountability for the ECB
DIRECTORATE GENERAL FOR INTERNAL POLICIES POLICY DEPARTMENT A: ECONOMIC AND SCIENTIFIC POLICY The Monetary Dialogue and Accountability for the ECB NOTE Abstract Over the past five years, the Parliament
More informationEuro. Will it still be around five years from now? The. Five distinguished thinkers offer their views. A SYMPOSIUM OF VIEWS
A SYMPOSIUM OF VIEWS THE MAGAZINE OF INTERNATIONAL ECONOMIC POLICY 888 16th Street, N.W., Suite 740 Washington, D.C. 20006 Phone: 202-861-0791 Fax: 202-861-0790 www.international-economy.com Euro The Will
More informationGlobal trade in the aftermath of the global crisis
Global trade in the aftermath of the global crisis Jeffry Frieden Harvard University Re-balancing global trade will be difficult, generating substantial protectionist pressures. To manage these pressures,
More informationVox Populi: In 2017 the Eurozone Will Bend, But Not Break
INSIGHTS JANUARY 217 Vox Populi: In 217 the Eurozone Will Bend, But Not Break WILLIAM W. PRIEST, CFA Chief Executive Officer, Co-Chief Investment Officer & Portfolio Manager KEVIN HEBNER, PHD Managing
More informationIMPLICATIONS OF WAGE BARGAINING SYSTEMS ON REGIONAL DIFFERENTIATION IN THE EUROPEAN UNION LUMINITA VOCHITA, GEORGE CIOBANU, ANDREEA CIOBANU
IMPLICATIONS OF WAGE BARGAINING SYSTEMS ON REGIONAL DIFFERENTIATION IN THE EUROPEAN UNION LUMINITA VOCHITA, GEORGE CIOBANU, ANDREEA CIOBANU Luminita VOCHITA, Lect, Ph.D. University of Craiova George CIOBANU,
More informationThe European Union: past, present and future. Lecture by Massimiliano Montini (University of Siena) 12 March Outline
The European Union: past, present and future Lecture by Massimiliano Montini (University of Siena) 12 March 2015 Part One: The Past The Origin: Ideals Outline The idea of the European integration: the
More informationRIZONS. MIDWEST REGIONAL CONFERENCE: Shifting Foundations in Europe
EUR H PEAN RIZONS MIDWEST REGIONAL CONFERENCE: Shifting Foundations in Europe TABLE OF CONTENTS 3 Preamble 4 Goals 5 Themes 8 Plan 10 Schedule 12 Contact Persons european horizons www.europeanhorizons.org
More informationDemocracy, Hostage to the European Governance Crisis
POLICY PAPER Democracy, Hostage to the European Governance Crisis Filippa Chatzistavrou Attorney at Law, External Collaborator, Faculty of Political Science and Public Administration, University of Athens,
More informationSummer School In Law & Economics 2017
Summer School In Law & Economics 2017 University of Hamburg June 5th July 14th Organised by the Graduate School The Economics of the Internationalisation of the Law and the European Doctorate in Law and
More informationOn the Future of the Common EU Refugee and Asylum Policy
On the Future of the Common EU Refugee and Asylum Policy Response of the Expert Council of German Foundations on Integration and Migration (SVR) to the public consultation Debate on the future of Home
More informationMeanwhile, in Europe LECTURE 6
Meanwhile, in Europe LECTURE 6 Macron and Merkel Allied? Trying to solve Europe s current challenges: Domestic economics Eurozone issues/brexit Migrant crisis Domestic Economics - France Which problems
More informationMax Planck Institute for Comparative Public Law and International Law. Democracy and Financial Order: Legal Perspectives
Max Planck Institute for Comparative Public Law and International Law Democracy and Financial Order: Legal Perspectives Workshop 2 3 September 2015 Goethe University Frankfurt Building Normative Orders,
More informationChristopher Wratil CONTACT INFORMATION. Cologne Center for Comparative Politics University of Cologne Herbert-Lewin-Str Cologne Germany
Christopher Wratil CONTACT INFORMATION Address: E-mail: Cologne Center for Comparative Politics University of Cologne Herbert-Lewin-Str. 2 50931 Cologne Germany C.Wratil@Uni-Koeln.de Phone: +49 (0)221
More informationCurriculum Vitae. The future of globalization Deep integration, democracy and the nation state. The rise of China and consequences for the world
Curriculum Vitae Prof. Dr. Heribert Dieter Current Positions 1) Senior Fellow, Research Unit Global Issues, German Institute for International and Security Affairs, (since September 2001, tenure); research
More informationChapter 20. Optimum Currency Areas and the European Experience. Slides prepared by Thomas Bishop
Chapter 20 Optimum Currency Areas and the European Experience Slides prepared by Thomas Bishop Preview The European Union The European Monetary System Policies of the EU and the EMS Theory of optimal currency
More informationMercator School of Management Ph: University of Duisburg-Essen Fax: Duisburg
Tobias Seidel Mercator School of Management Ph: +49 203 379 2625 University of Duisburg-Essen Fax: +49 203 379 5004 47057 Duisburg tobias.seidel@uni-due.de RESEARCH FIELDS International Economics, Regional
More informationPreface. Twenty years ago, the word globalization hardly existed in our daily use. Today, it is
Preface Twenty years ago, the word globalization hardly existed in our daily use. Today, it is everywhere, and evokes strong intellectual and emotional debate and reactions. It has come to characterize
More informationINTRODUCTION. Commercial in Confidence Copyright 2016, Wikistrat Inc. All Rights Reserved. Patent Pending.
1 INTRODUCTION In recent years, the European Union has faced multiple crises. The 2008 financial collapse led to massive unemployment in several EU countries, most notably among young people. The euro
More informationRainald Borck Curriculum vitae
Rainald Borck Curriculum vitae June, 2016 Address Universität Potsdam Öffentlicher Sektor, Finanz- und Sozialpolitik August-Bebel-Str. 89, D-14482 Potsdam Email: rainald.borck@uni-potsdam.de Tel./Fax:
More informationSelected Presentations. Prof. Dr. Erika de Wet, LL.M. (Harvard)
Selected Presentations Prof. Dr. Erika de Wet, LL.M. (Harvard) Chairperson: NATO, CSTO and the United Nations: The Uneasy Overlap of Regional and Universal Collective Security Organizations, panel during
More informationAGREEMENT ON THE TRANSFER OF CONTRIBUTIONS TO THE STABILISATION SUPPORT FUND
AGREEMENT ON THE TRANSFER OF CONTRIBUTIONS TO THE STABILISATION SUPPORT FUND THE CONTRACTING PARTIES, the Kingdom of Belgium, the Federal Republic of Germany, the Republic of Estonia, Ireland, the Hellenic
More informationInternational Capital Markets Conference
Uwe Fröhlich DZ BANK AG Opening remarks International Capital Markets Conference September 6, 2018 Berlin Check against delivery! 1 Ladies and gentlemen, let me welcome all of you to the second day of
More informationETUC Mid-Term Conference Rome, May 2017 THE ETUC ROME DECLARATION
ETUC Mid-Term Conference Rome, 29-31 May 2017 THE ETUC ROME DECLARATION Declaration adopted at the ETUC Mid-Term Conference in Rome on 29-31 May 2017. It is ten years since the financial crisis of 2007-2008.
More informationUncertainties in Economics and Politics: What matters? And how will the real estate sector be impacted? Joseph E. Stiglitz Munich October 6, 2017
Uncertainties in Economics and Politics: What matters? And how will the real estate sector be impacted? Joseph E. Stiglitz Munich October 6, 2017 Unprecedented uncertainties Geo-political Rules based global
More informationAidan Regan (BA, MA, PhD)
Aidan Regan (BA, MA, PhD) Email: aidan.regan@ucd.ie Website: www.aidanregan.com RESEARCH Comparative Political Economy European Politics and Policy Labour Relations Welfare State CURRENT POSITION Since
More informationMERKEL S FOURTH TERM JOHN RYAN STRATEGIC UPDATE 17.6
MERKEL S FOURTH TERM JOHN RYAN STRATEGIC UPDATE 17.6 october 2017 LSE IDEAS is an IGA Centre that acts as the School s foreign policy think tank. Through sustained engagement with policymakers and opinion-formers,
More informationThe Euro House of Cards
B The founding architect of the European monetary union has warned that one day, the house of cards will collapse. What do you think his reasons for saying that are? Read the first part of the article
More informationJOSE MANUEL BARROSO THE EUROPEAN COMMISSION AND THE GOVERNANCE OF THE EU INTRODUCTION MASSIMO BORDIGNON
THE EUROPEAN COMMISSION AND THE GOVERNANCE OF THE EU JOSE MANUEL BARROSO INTRODUCTION MASSIMO BORDIGNON Colloqui sull Europa 16 March 2012 Catholic University of Milan I colloqui sull Europa Not full understanding
More informationPolitical Risks and Implications of the Italian Election
Political Risks and Implications of the Italian Election KEY POINTS Italy will go to the polls on 04 March 2018 to elect representatives in the Chamber of Deputies (lower house) and Senate (upper house).
More informationSIEPR policy brief. Turkish Economic Successes and Challenges. By Anne O. Krueger. Stanford University September 2014.
SIEPR policy brief Stanford University September 214 Stanford Institute for Economic Policy Research on the web: http://siepr.stanford.edu Turkish Economic Successes and Challenges By Anne O. Krueger Turkey
More informationEurope s new leaders in a world of crises: What priorities?
Europe s new leaders in a world of crises: What priorities? Programme 8-9 September 2014 Bristol Hotel, Krakowskie Przedmiescie 42/44 Warsaw 00-325 Monday, 8 September 2014 Public debate: Europe s new
More informationThe New Economic Governance of the European Union and Its Impact on Member States. 1st Term Seminar
The New Economic Governance of the European Union and Its Impact on Member States 1st Term Seminar 2013-2014 Prof. Adrienne Héritier Tuesdays 13:00-15:00 Seminar Room 3 (Badia Fiesolana) The international
More informationGOING ALONE UK TO LEAVE THE EUROPEAN UNION - AN EXPAT SAVINGS TEAM UPDATE. Going alone - UK to leave the European Union
GOING ALONE UK TO LEAVE THE EUROPEAN UNION - 1 GOING ALONE UK TO LEAVE THE EUROPEAN UNION - Introduction 3 More questions than answers 4 What happened / Market reaction 5 Outlook 6 Politics is a growing
More informationThe European Union Economy, Brexit and the Resurgence of Economic Nationalism
The European Union Economy, Brexit and the Resurgence of Economic Nationalism George Alogoskoufis is the Constantine G. Karamanlis Chair of Hellenic and European Studies, The Fletcher School of Law and
More informationMediterranean Strategy Group
Mediterranean Strategy Group Lisbon February 25 27, 2013 The Future of Mediterranean Europe: Between the Euro Crisis and Arab Revolution Organized in cooperation with the Italian Institute for International
More informationGENEVA S WORKSHOP ON THE ECONOMIC HISTORY OF LATIN AMERICA 29 AUGUST 2014 Room: M1130; Unimail University of Geneva PROVISIONAL PROGRAM
GENEVA S WORKSHOP ON THE ECONOMIC HISTORY OF LATIN AMERICA 29 AUGUST 2014 Room: M1130; Unimail University of Geneva PROVISIONAL PROGRAM 9.15 Welcome remarks, by Mary O Sullivan (Director of the Department
More informationBeyond Crisis ANNA TSIFTSOGLOU NBG POST-DOCTORAL FELLOW MARCH 7, 2017, LONDON SCHOOL OF ECONOMICS
Beyond Crisis ANNA TSIFTSOGLOU NBG POST-DOCTORAL FELLOW MARCH 7, 2017, LONDON SCHOOL OF ECONOMICS OUTLINE 1. The Idea of Constitutional Change 2. Drivers of Constitutional Change in Crisis-hit Greece A.
More informationMIGRATION, CITIZENSHIP, AND DEMOCRACY: CONTEMPORARY ETHICAL CHALLENGES
MIGRATION, CITIZENSHIP, AND DEMOCRACY: CONTEMPORARY ETHICAL CHALLENGES Dates & Venues August 23-25, 2017 Berlin March 22-23, 2018 Cambridge, MA Organized by: Freie Universität Berlin Research College,
More informationMr. Petteri Orpo Minister of Finance of Finland Leader of Kokoomus, the National Coalition Party
1(8) Mr. Petteri Orpo Minister of Finance of Finland Leader of Kokoomus, the National Coalition Party Your excellencies, ladies and gentlemen, good morning! First of all, I would like to thank you, Mr.
More informationINVITATION Berlin, November 25-26, German Leadership, Responsibility, Solidarity? A workshop as part of the Mercator European Dialogue
INVITATION Berlin, November 25-26, 2015 German Leadership, Responsibility, Solidarity? A workshop as part of the Mercator European Dialogue 1 You are cordially invited Dear Member of Parliament,, Dear
More informationCURRICULUM VITAE THOMAS MOUTOS Professor, Athens University of Economics and Business Research Fellow, CESifo
CURRICULUM VITAE THOMAS MOUTOS Professor, Athens University of Economics and Business Research Fellow, CESifo PERSONAL INFORMATION Date and Place of Birth: 1960, Volos, Greece. Address: Athens University
More informationEUROZONE AND THE FUTURE OF THE EUROPEAN PROJECT
EUROZONE AND THE FUTURE OF THE AN PROJECT CENTRE-RIGHT COALITION 5 STARS MOUVEMENT DEMOCRATIC PARTY LIBERI&UGUALI (Free&Equal) +EUROPA ATTITUDE TOWARDS EU, ITALY IN, DIFFERENT SPEEDS LESS BUREAUCRACY The
More informationCER INSIGHT: Populism culture or economics? by John Springford and Simon Tilford 30 October 2017
Populism culture or economics? by John Springford and Simon Tilford 30 October 2017 Are economic factors to blame for the rise of populism, or is it a cultural backlash? The answer is a bit of both: economic
More informationTHE GERMAN ECONOMY (GEC)
THE GERMAN ECONOMY (GEC) PROF. DR. CHRISTOPH KNOPPIK 1 APRIL 2018 2 Course description An applied course on the German economy based on introductory economics. Basic economics as presented in introductory
More informationCENS 2017 PAPER SERIES
CENS 2017 PAPER SERIES Shifting Power and Strategic Alternatives in post Brexit Europe: perspective on the UK Professor Associate Fellow Chatham House, University of Kent November, 2017 This paper was
More informationMEMORANDUM OF UNDERSTANDING COOPERATION IN THE FIELD OF CLIMATE CHANGE VULNERABILITY, RISK ASSESSMENT, ADAPTATION AND MITIGATION.
MEMORANDUM OF UNDERSTANDING on COOPERATION IN THE FIELD OF CLIMATE CHANGE VULNERABILITY, RISK ASSESSMENT, ADAPTATION AND MITIGATION Between THE MINISTRY FOR THE ENVIRONMENT, LAND AND SEA of the ITALIAN
More informationFuture Social Market Economy. How Hidden Protectionism Impacts International Trade
Future Social Market Economy Policy Brief #2017/09 How Hidden Protectionism Impacts International Trade Tariffs impede trade. They are the most visible instrument for protecting domestic companies against
More informationChristopher Wratil CONTACT INFORMATION. Cologne Center for Comparative Politics University of Cologne Herbert-Lewin-Str Cologne Germany
Christopher Wratil CONTACT INFORMATION Address: E-mail: Cologne Center for Comparative Politics University of Cologne Herbert-Lewin-Str. 2 50931 Cologne Germany C.Wratil@Uni-Koeln.de Phone: +49 (0)221
More informationA Political Economy to Examine Brexit
MPRA Munich Personal RePEc Archive A Political Economy to Examine Brexit Kui-Wai Li 29 September 2016 Online at https://mpra.ub.uni-muenchen.de/74172/ MPRA Paper No. 74172, posted 1 October 2016 15:54
More informationInternational Summer Program
University of Ulm International Summer Program European Integration European Union An Overview Prof. Dr. Werner Smolny, Tuesday, June 21, 2005 University of Ulm, International Summer Program 2005, June
More informationAgenda. Transatlantic Strategy Group Conference July, 2002, Berlin. Bertelsmann Foundation Center for Applied Policy Research
The Intertwining of Security and Economics in Transatlantic Politics Agenda Transatlantic Strategy Group Conference 11 12 July, 2002, Berlin Bertelsmann Foundation Center for Applied Policy Research CONFERENCE
More informationBehind Austerity. Transnational Think Tank Networks. Dieter Plehwe WZB Berlin Social Science Center, Germany. December, 2016
Behind Austerity Transnational Think Tank Networks Dieter Plehwe WZB Berlin Social Science Center, Germany December, 2016 www.altausterity.mcmaster.ca @altausterity ABOUT US Austerity and its Alternatives
More informationHannah M. Alarian Postdoctoral Research Associate, Woodrow Wilson School of Public and International Affairs, Princeton University
PROFESSIONAL APPOINTMENTS Hannah M. Alarian Princeton University Woodrow Wilson School of Public and International Affairs Princeton, NJ 08544 halarian@princeton.edu www.hannahalarian.com 2018 Postdoctoral
More informationPrevious Events Congressional Affairs German Marshall Fund of the United States
Previous Events 2016-2017 Congressional Affairs German Marshall Fund of the United States Major Convenings 2017 Transatlantic Technology Congressional Delegation and Munich, Germany October 16-20, 2017
More informationEnsuring the future of the EU
European Office Ensuring the future of the EU VDMA suggestions for reforming the EU Registration number in the register of representative bodies: 976536291-45 January 2017 1. Introduction The EU finds
More information