Conference

Minsky Conference in Brazil

Financial Governance after the Crisis

Cosponsored by the Levy Economics Institute of Bard College and MINDS – Multidisciplinary Institute for Development and Strategies, with support from the Ford Foundation

Everest Rio Hotel
Rio de Janeiro, Brazil
September 26–27, 2013

This conference is organized as part of the Levy Institute’s global research agenda and in conjunction with the Ford Foundation Project on Financial Instability, which draws on Hyman Minsky's extensive work on the structure of financial governance and the role of the state.

Program

September 26, 2013

9:00−9:20 a.m.

Opening: Reforming Global Financial Governance
Leonardo Burlamaqui, Program Officer, Ford Foundation;
Professor, University of the State of Rio de Janeiro

Rogério Sobreira, Executive Director, MINDS
Dimitri B. Papadimitriou, President, Levy Institute

9:30−10:45 a.m. Keynote
Paul McCulley
, Chairman, Global Society of Fellows, Global Interdependence Center; formerly, Managing Director, PIMCO
10:45−11:00 a.m. Coffee Break
11:00 a.m. − 12:30 p.m. Brazilian Growth Prospects in the Global Context
Albert Keidel
, Senior Fellow, Atlantic Council of the United States; Adjunct Professor, Georgetown University Public Policy Institute
PowerPoint presentation in PDF
Esther Dweck, Chief Economic Adviser, Ministry of Planning, Budget and Management, Brazil
PowerPoint presentation in PDF
12:30−1:30 p.m. Paulo Nogueira Batista, Executive Director for Brazil, International Monetary Fund
1:30−3:00 p.m. Lunch
3:00−5:00 p.m. Governance of International Capital Flows (Capital Controls)
Kevin P. Gallagher
, Professor of International Relations and Coordinator, Global Policy Program, Boston University
PowerPoint presentation in PDF
Fernando J. Cardim de Carvalho, Professor of Economics, Federal University of Rio de Janeiro
PowerPoint presentation in PDF
Luiz Fernando de Paula, Professor of Economics, University of the State of Rio de Janeiro
PowerPoint presentation in PDF
5:00−5:15 p.m. Coffee Break
5:15−7:15 p.m. Governance for Development: Capital Flows, Exchange Rates, and Emerging Market Development Strategies after the Crisis
Nelson H. Barbosa Filho
, Professor of Economics, Federal University of Rio de Janeiro; formerly, Secretary of Economic Policy, Federal Government of Brazil
PowerPoint presentation in PDF
Roberto Frenkel, Principal Research Associate, Center for the Study of the State and Society (CEDES)
PowerPoint presentation in PDF
Luiz Carlos Bresser-Pereira, Emeritus Professor, Getulia Vargas Foundation
PowerPoint presentation in PDF

September 27, 2013

9:00−10:30 a.m. Law and Finance: Governance of Financial Innovations after the Crisis
José Gabilondo
, Professor of Law, Florida International University
PowerPoint presentation in PDF
Katharina Pistor, Michael I. Sovern Professor of Law, Columbia Law School
10:30−10:45 a.m. Coffee Break
10:45 a.m. − 1:00 p.m. Minsky Perspectives and Proposals to Improve Stability in the Financial System
Jan Kregel, Senior Scholar, Levy Institute; Professor, Tallinn University of Technology
PowerPoint presentation in PDF
L. Randall Wray, Senior Scholar, Levy Institute; Professor, University of Missouri–Kansas City
PowerPoint presentation in PDF
Éric Tymoigne, Research Associate, Levy Institute; Professor, Lewis & Clark College
PowerPoint presentation in PDF
1:00−2:30 p.m. Lunch
2:30−4:00 p.m. Minskyan Analysis of Emerging Markets’ Financial Stability: Implications for Development
Martin Rapetti, Researcher, Center for the Study of the State and Society (CEDES)
PowerPoint presentation in PDF
Felipe Rezende, Professor of Economics, Hobart and William Smith Colleges
PowerPoint presentation in PDF
4:00−4:15 p.m. Coffee Break
4:15−5:00 p.m. Levy Institute US Forecast
Dimitri B. Papadimitriou, President, Levy Institute
PowerPoint presentation in PDF
5:00−6:30 p.m. Minsky and Latin American Financial Instability: A Practitioner's View
Frank Veneroso, President, Veneroso Associates, LLC
6:45 p.m. Closing

Participants

Nelson H. Barbosa Filho
Professor of Economics, Federal University of Rio de Janeiro; formerly, Secretary of Economic Policy, Federal Government of Brazil

Luiz Carlos Bresser-Pereira
Emeritus Professor, Getulia Vargas Foundation

Leonardo Burlamaqui
Program Officer, Ford Foundation and Professor, University of the State of Rio de Janeiro

Fernando J. Cardim de Carvalho
Professor of Economics, Federal University of Rio de Janeiro

Esther Dweck
Chief Economic Adviser, Ministry of Planning, Budget and Management, Brazil

Roberto Frenkel
Principal Research Associate, Center for the Study of the State and Society (CEDES)

José Gabilondo
Professor of Law, Florida International University

Kevin P. Gallagher
Professor of International Relations and Coordinator, Global Development Policy Program, Boston University

Albert Keidel
Senior Fellow, Atlantic Council of the United States; Adjunct Professor, Georgetown University Public Policy Institute

Jan Kregel
Senior Scholar, Levy Institute; Professor, Tallinn University of Technology

Paul McCulley
Chairman, Global Society of Fellows, Global Interdependence Center; formerly, Managing Director, PIMCO

Paulo Nogueira Batista
Executive Director for Brazil, International Monetary Fund

Dimitri B. Papadimitriou
President, Levy Institute

Luiz Fernando de Paula
Professor of Economics, University of the State of Rio de Janeiro

Katharina Pistor
Michael I. Sovern Professor of Law, Columbia Law School

Martin Rapetti
Researcher, Center for the Study of the State and Society (CEDES)

Felipe Rezende
Professor of Economics, Hobart and William Smith Colleges

Rogério Sobreira
Executive Director, MINDS

Éric Tymoigne
Research Associate, Levy Institute; Professor, Lewis & Clark College

Frank Veneroso
President, Veneroso Associates, LLC

L. Randall Wray
Senior Scholar, Levy Institute; Professor, University of Missouri–Kansas City