Conference
Athens 2014 Conference
Europe at the Crossroads: A Union of Austerity or Growth Convergence?
Audio:
- Friday, November 21, 2014 [View More/Less]
-
Saturday, November 22, 2014 [View More/Less]
- Session 4: Introduction by Alexis Papahelas
- Session 4: Elga Bartsch
- Session 4: Peter Bofinger
- Session 4: Engelbert Stockhammer
- Session 4: Andrea Terzi
- Session 4: Q & A
- Session 5: Introductions by Kostas Kalloniatis
- Session 5: Steven Tobin
- Session 5: Rania Antonopoulos
- Session 5: Q & A
- Session 6: Introduction by Joanna Kakissis
- Session 6: Heiner Flassbeck
- Session 6: Jan Kregel
- Session 6: Stephen Kinsella
- Session 6: Q & A
- Keynote Speaker: Yannis Dragasakis (in Greek)
- Keynote Speaker: Yannis Dragasakis (English translation)
- Keynote Speaker: Yannis Dragasakis Q & A (in Greek)
- Keynote Speaker: Yannis Dragasakis Q & A (English translation)
- Session 7: Introduction by Suzanne Daley
- Session 7: Giorgos Argitis (in Greek)
- Session 7: Giorgos Argitis (English translation)
- Session 7: Panagiotis Liargovas (in Greek)
- Session 7: Panagiotis Liargovas (English translation)
- Session 7: Dimitri B. Papadimitriou
- Session 7: Q & A (in Greek)
- Session 7: Q & A (English translation)
Co-organized by the Levy Economics Institute of Bard College and Economia Civile with support from the Ford Foundation, the Friedrich-Ebert-Stiftung, and Marinopoulos AE
Megaron Athens International Conference Centre
Athens, Greece
November 21–22, 2014
On November 21 and 22, the Levy Economics Institute of Bard College held its second annual conference at the Megaron Athens International Conference Centre in Athens, Greece. Co-organized by the Levy Institute and Economia Civile, the conference focused on the continuing debate surrounding the eurozone’s systemic instability; proposals for banking union; regulation and supervision of financial institutions; monetary, fiscal, and trade policy in Europe, and the spillover effects for the US and the global economy; the impact of austerity policies on US and European markets; and the sustainability of government deficits and debt.
Program
Friday, November 21
| 8:30−9:30 a.m. | Registration |
| 9:30−9:45 a.m. | Welcome and Introduction Dimitri B. Papadimitriou, President, Levy Institute |
| 9:45 a.m. − 12:00 p.m. | Session 1. European Monetary Policy and Market Flexibility MODERATOR: Nikos Chrysoloras, Greece and Cyprus Bureau Chief, Bloomberg News SPEAKERS: Emilios Avgouleas, Chair, International Banking Law and Finance, University of Edinburgh “Free Movement of Capital in an Imperfect Monetary Union: Any Remedies?” PowerPoint presentation in PDF Lex Hoogduin, Professor of Complexity and Uncertainty, University of Groningen “ECB Monetary Policy: Between a Rock and a Hard Place” PowerPoint presentation in PDF Mario Tonveronachi, Professor of Financial Systems, University of Siena “Making the ECB the Central Bank of a Nonfederal State” PowerPoint presentation in PDF |
| 12:00−1:30 p.m. | Lunch Break |
| 1:30−3:30 p.m. | Session 2. How to Build a Stable European Financial System: The Central Banker’s View MODERATOR: Viktoria Dendrinou, Correspondent, The Wall Street Journal SPEAKERS: Patrick Honohan, Governor, Central Bank of Ireland “Better Eurosystem Performance: What Roles for Financial Engineering, Monetary Policy and Politics?” PowerPoint presentation in PDF Marek Belka, Governor, National Bank of Poland “Monetary Policy in a Non-euro EU Country: Challenges and Opportunities” PowerPoint presentation in PDF Lubomír Lízal, Member of the Board, Czech National Bank PowerPoint presentation in PDF |
| 3:30−4:00 p.m. | Coffee Break |
| 4:00−6:30 p.m. | Session 3. Can the Periphery Countries Return to Growth? MODERATOR: George Skafidas, Journalist, Ethnos SPEAKERS: Stuart Holland, Professor, University of Coimbra; Senior Scholar, Institute for Social and European Studies, Hungary “Europe in Question—And What to Do About It ” Megan Greene, Chief Economist, Manulife Asset Management “Eurozone: A Japanese-style Lost Decade?” Michalis Nikiforos, Research Scholar, Levy Institute “‘Twin Deficits’ in Greece: In Search of Causality” PowerPoint presentation in PDF Eckhard Hein, Research Associate, Levy Institute; Professor of Economics, Berlin School of Economics and Law “Coping with Imbalances in the Euro Area: Policy Alternatives Addressing Divergences and Disparities Between Member Countries” PowerPoint presentation in PDF |
Saturday, November 22
| 9:00−11:30 a.m. | Session 4. Threats to European Recovery MODERATOR: Alexis Papahelas, Executive Editor, Kathimerini SPEAKERS: Elga Bartsch, European Chief Economist, Morgan Stanley “European Economics: Waiting for the Credit Impulse to Kick In” Peter Bofinger, Member of the German Council of Economic Advisers; Professor of Monetary Policy and International Economics, University of Würzburg; Research Fellow, Centre for Economic Policy Research “Macroeconomcic Policies for European Growth” PowerPoint presentation in PDF Engelbert Stockhammer, Professor of Economics, Kingston University "Exports, Debt, and Austerity: Comments on the Dysfunctional Economic Policy Regime of Europe" PowerPoint presentation in PDF Andrea Terzi, Professor of Economics, Franklin University Switzerland and Catholic University, Milan “The Fiscal Instrument: How It Got Lost and How It Can Be Reclaimed” PowerPoint presentation in PDF |
| 11:30 a.m. − 1:00 p.m. | Session 5. Responding to the Challenge of European Unemployment MODERATOR: Kostas Kalloniatis, Journalist, Eleftherotypia SPEAKERS: Steven Tobin, Senior Economist, Research Department, International Labour Organization “Building a Job-rich Recovery in Europe” PowerPoint presentation in PDF Rania Antonopoulos, Senior Research Associate, Levy Institute; Macroeconomic Policy Adviser, UN Women “After Austerity: Measuring the Impact of a Job Guarantee Policy for Greece” PowerPoint presentation in PDF |
| 1:00−2:30 p.m. | Lunch Break |
| 2:30−4:30 p.m. | Session 6. Austerity and Growth: An Impossible Alliance? MODERATOR: Joanna Kakissis, Athens Correspondent, National Public Radio (US) SPEAKERS: Heiner Flassbeck, formerly Director, Division on Globalization and Development Strategies, UNCTAD, and Deputy Finance Minister, Germany “Why Structural Reforms and Fiscal Soundness Hamper Growth” PowerPoint presentation in PDF Jan Kregel, Senior Scholar, Levy Institute; Professor of Finance and Development, Tallinn University of Technology “Financial Fragility and the Single Currency” PowerPoint presentation in PDF Stephen Kinsella, Lecturer in Economics, Kemmy Business School, University of Limerick “Ireland: Europe’s Poster Child for Austerity Post Crisis?” PowerPoint presentation in PDF |
| 4:30−5:30 p.m. | KEYNOTE: Yannis Dragasakis, MP (SYRIZA) and Vice President of the Hellenic Parliament |
| 5:30−6:00 p.m. | Coffee Break |
| 6:00−8:00 p.m. | Session 7. The Ongoing Greek Crisis: What Is to Be Done? MODERATOR: Suzanne Daley, Europe Correspondent, The New York Times SPEAKERS: Giorgos Argitis, Professor of Economics, University of Athens; Scientific Director, Institute of Labour, GSEE “The Alternative Policy of INE-GSEE for the Greek Economy to Exit the Crisis” PowerPoint presentation in PDF Panagiotis Liargovas, Director of the Budget Office, Greek Parliament; Jean Monnet Chair in European Integration and Policies, University of Peloponnese "Greece’s Fiscal Adjustment Program: Success or Failure?" PowerPoint presentation in PDF Dimitri B. Papadimitriou, President, Levy Institute “Is Greece Heading for a Recovery?” PowerPoint presentation in PDF |
Participants
Rania Antonopoulos, Senior Research Associate, Levy Institute; Macroeconomic Policy Adviser, UN Women
Giorgos Argitis, Professor of Economics, University of Athens; Scientific Director, Institute of Labour, GSEE
Emilios Avgouleas, Chair, International Banking Law and Finance, University of Edinburgh
Elga Bartsch, European Chief Economist, Morgan Stanley
Marek Belka, Governor, National Bank of Poland
Peter Bofinger, Member of the German Council of Economic Advisers; Professor of Monetary Policy and International Economics, University of Würzburg; Research Fellow, Centre for Economic Policy Research
Nikos Chrysoloras, Greece and Cyprus Bureau Chief, Bloomberg News
Suzanne Daley, Europe Correspondent, The New York Times
Viktoria Dendrinou, Correspondent, The Wall Street Journal
Yannis Dragasakis, MP (SYRIZA) and Vice President of the Hellenic Parliament
Heiner Flassbeck, formerly Director, Division on Globalization and Development Strategies, UNCTAD, and Deputy Finance Minister, Germany
Megan Greene, Chief Economist, Manulife Asset Management
Eckhard Hein, Research Associate, Levy Institute; Professor of Economics, Berlin School of Economics and Law
Stuart Holland, Professor, University of Coimbra; Senior Scholar, Institute for Social and European Studies, Hungary
Patrick Honohan, Governor, Central Bank of Ireland
Lex Hoogduin, Professor of Complexity and Uncertainty, University of Groningen
Joanna Kakissis, Athens Correspondent, National Public Radio (US)
Kostas Kalloniatis, Journalist, Eleftherotypia
Stephen Kinsella, Lecturer in Economics, Kemmy Business School, University of Limerick
Jan Kregel, Senior Scholar, Levy Institute; Professor of Finance and Development, Tallinn University of Technology
Panagiotis Liargovas, Director of the Budget Office, Hellenic Parliament; Jean Monnet Chair in European Integration and Policies, University of Peloponnese
Lubomír Lízal, Member of the Board, Czech National Bank
Michalis Nikiforos, Research Scholar, Levy Institute
Dimitri B. Papadimitriou, President, Levy Institute
Alexis Papahelas, Executive Editor, Kathimerini
George Skafidas, Journalist, Ethnos
Engelbert Stockhammer, Professor of Economics, Kingston University
Andrea Terzi, Professor of Economics, Franklin University Switzerland and Catholic University, Milan
Steven Tobin, Senior Economist, Research Department, International Labour Organization
Mario Tonveronachi, Professor of Financial Systems, University of Siena