De-Risking the Future of Europe: reforming the macrofinancial architecture

Date: Wednesday 11th September 2019 
Time: 09:00 to 18:00  
Venue: OLD.3.21, Old Building, LSE

Hosted by Foundation for European Progressive Studies, Roskilde University, University of the West of England and Financial Markets Group, London School of Economics and Political Science

In the aftermath of the sovereign debt crisis, the architecture of economic and financial governance in the European Union changed at an unprecedented pace. Member States have put in place crucial pillars of the Banking Union and the Capital Markets Union.

But progress on both projects has slowed down. As the new European Commission takes office, the work towards reforming the Economic and Monetary Union will likely revive. Agreed plans to attain banking and financial integration have not yet been completed; plus additional institutional and policy arrangements could become handy to contain systemic risk, shall a new crisis hit European markets.

Brexit questions aside: how to move from the political conundrum that split European countries on the risk-sharing risk-reduction battlefield, how to finalise the work done on the neutralization of the bank-sovereign nexus, what feature should a European common deposit insurance scheme have in order to become a viable tool, how to design counter-cyclical fiscal tools that Member States can deploy during recessions, should a single sovereign issuing safe debt be introduced at EU level? These are just some of the question that invited experts will try to answer.

The conference will be the occasion for policy-makers and academic experts to reflect and exchange on the pros and cons of different models to design further financial integration within the Euro area and the whole of Europe. 

The programme can be downloaded here.

The keynote address will be given by Vítor Manuel Ribeiro Constâncio, former Vice-President of the European Central Bank.

Confirmed speakers:
Inaki Aldasoro, Bank for International Settlements - slides
László Andor, FEPS - slides
Tobias Arbogast, Max Planck Institute for the Study of Societies - slides
Aitor Erce, European Stability Mechanism - slides
Daniela Gabor, University of the West England - Bristol - slides
Charles Goodhart, LSE
Stephany Griffith-Jones, Columbia University - slides
Jean Grosdidier, Sciences Po - slides
Waltraud Schelke, European Institute, LSE - slides
Matthias Thiemann, Sciences Po - slides
Nicolas Véron, Bruegel & Peterson Institute for International Economics - slides


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