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Can Central Banks Save the Global Economy?

  • Wilson Center 1300 Pennsylvania Avenue Northwest Washington, DC, 20004 United States (map)

Can Central Banks Save the Global Economy?

The 2nd Annual Swiss Day marks the ongoing collaboration of the Wilson Center’s Global Europe Program and the Europa Institut at the University of Zurich.

The global economic crisis highlighted the importance of central banks in preventing economic collapse and restoring growth while maintaining financial stability. Central banks have responded with innovative policies to address these challenges. At the same time, fiscal authorities in many countries are tightly constrained. As a result, either explicitly or implicitly, many governments are ceding macroeconomic policy authority to their central banks. Is this sustainable in the long run? With large cross border capital flows adding complexity, should central bankers actively coordinate their policies? Is this possible without compromising national objectives and central bank independence? Please join us as our expert panel provides U.S. and European perspectives on these and other critical issues.

This event is co-sponsored by the Europa Institut at the University of Zurich.

Introduction

Martin Dahinden
Ambassador of Switzerland to the U.S.

Andreas Kellerhals
Director, Europa Institut at the University of Zurich

Keynote

Jean-Pierre Danthine
Former Vice President, Swiss National Bank

Speakers

Laurence Meyer
Former United States Federal Reserve System Governor

Athanasios Orphanides
Professor, Sloan School of Management, MIT; Former Chairman, Central Bank of Cyprus; Former Member, Governing Council of the European Central Bank

Greg Ip
Chief Economics Correspondent, The Wall Street Journal

Moderator

Meg Lundsager
Public Policy Fellow, Wilson Center; Former U.S. Executive Director, International Monetary Fund

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