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Deflation: causes, prevention and cure

Monday 19 May, 6pm
Old Theatre, Old Building

After an absence of almost half a century, the spectre of deflation is once again haunting the corridors of central banks and finance ministries in the industrial world.

Professor Willem Buiter, European Bank for Reconstruction and Development (EBRD), will be speaking on Deflation: causes, prevention and cure on Monday 19 May at the London School of Economics and Political Science (LSE).

While preventing or combating deflation poses some unique difficulties not present in combating inflation, it can be prevented and, if it has not taken hold, overcome using conventional instruments of monetary and fiscal policy.

Willem Buiter is chief economist and special adviser to the president at the European Bank for Reconstruction and Development (EBRD). He has held academic appointments at Princeton, Bristol, LSE, Yale and Cambridge, and was a member of the Monetary Policy Committee of the Bank of England from 1997-2000.

This event is free and open to all with no ticket required.

Ends

To reserve a press ticket, contact Jessica Winterstein on 020 7955 7060 or email j.winterstein@lse.ac.uk|

16 May 2003

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