This executive course will guide you in examining the key events and current policy debates that are shaping the world economy. It is designed to provide you with the analytical tools required to understand the logic and implications of policy choices.
Guest speaker announced
Lorenzo Codogno, visiting professor in practice at the London School of Economics and Political Science, European Institute, and founder and chief economist of his own consulting vehicle, LC Macro Advisors Ltd.
He was chief economist of the Italian Treasury, in charge of the economic analysis and planning directorate, and held responsibility for macroeconomic forecasts, analysis on the Italian/international economy and domestic/international monetary and financial issues. He coordinated the technical preparation of Italy’s official economic and financial planning documents. He was president of the Economic Policy Committee of the European Union from January 2010 to December 2011 and head of the Italian delegation since 2006.
As chairman of EPC, he attended Ecofin/Eurogroup meetings. At the OECD, he headed the Italian delegation at the Economic Policy Committee, the Economic and Development Review Committee and the Working Party 1, which he chaired from Jan 2013 to Feb 2015. Codogno joined the Ministry in April 2006 from Bank of America where he had worked over the previous 11 years.
He was managing director, senior economist and co-head of European Economics based in London. Before that he worked in the research department of Unicredit. He studied at the University of Padua in Italy and has a Master Degree from Syracuse University, New York.
Current economic events and policy choices along with the evolution of global financial markets present new challenges for investment and strategic decisions. The objective of this course is to examine the relevant policy debates and to provide the analytical tools to understand the logic and the implications of these policy choices.
The course will offer a mix of lectures, student-led discussions involving LSE faculty and high profile external speakers.
We will address some of the following issues: Are global imbalances sustainable and what are the implications for the US dollar and foreign exchange markets? What is the origin and the implication of imbalances within the Euro area? How has the current financial crisis affected the conduct of monetary and fiscal policies? How should we conduct monetary policy when interest rates have reached the zero lower bound? Do large deficits lead to sovereign defaults? What determines the risk of sovereign debt and the perceived likelihood of default? What is the role of China in the global economy and what is the impact of Chinese policies on the rest of the world? Is China’s exchange rate policy prone to bubble-creation? Are there similarities between current China’s experience and the Japanese’s one?
Applications open November 2015
Find out more about how to apply