LSE European Institute-APCO Worldwide Perspectives on Europe series
Date: Tuesday 8 May 2012
Venue: Old Theatre, Old Building
Speaker: Professor Leszek Balcerowicz
Chair: Dr Abby Innes
Unsustainable fiscal policy hampers growth - the effect not only of sovereign debt distress but also of an overblown welfare state. What can we learn from the financial-fiscal crisis (US, UK, Ireland, Spain) and the fiscal-financial crisis (Greece, Portugal)?
Professor Leszek Balcerowicz has served three times in the Polish government and the central bank, being in charge of economic reforms. Between 1989–1991 and 1997-2000 he held the position of Minister of Finance and Deputy Prime Minister, and between 2001-2007 he served as Governor of the National Bank of Poland. He is a member of the group of trustees of the Institute of International Finance (US) and also a professor of economics at the Warsaw School of Economics. He is also a Distinguished Associate of the International Atlantic Economic Society (IAES), a member of the Group of Thirty and a board member of the Peterson Institute for International Economics. Professor Balcerowicz is chairman and a founder of the Civil Development Forum Foundation (FOR) and in 2011, he was appointed a member of the Advisory Scientific Committee providing advice and assistance on issues relevant to the work of the European Systemic Risk Board (ESRB).
Suggested hashtag for this event for Twitter users: #lseeurozone
A copy of Professor Leszek Balcerowicz's powerpoint presentation is available to download. Download The Eurozone's Awkward Threesome: fiscal stance, macroeconomic stability and growth (pdf)
A podcast of this event is available to download from The Eurozone's Awkward Threesome: fiscal stance, macroeconomic stability and growth.
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