Annual Research Conference 2019 - Economic challenges of the 2020s

This event has ended.

At DG ECFIN's Annual Research Conference held on 15 November, about 100 participants from research and policy-making circles discussed the theme: "Economic challenges of the 2020s".

economic policy
15 November 2019, 09:15 CET - 15 November 2019, 17:45 CET
Brussels, Belgium
Live streaming available

Programme

15 Nov 2019,
09:15 AM - 09:30 AM CET
Welcome and introduction to the conference
Paolo Gentiloni (Commissioner-designate)
09:30 AM - 11:00 AM CET
Distinguished ECFIN Lecture
Paul Collier (Oxford)The Future of CapitalismGeneral discussion
11:00 AM - 11:30 AM CET
Coffee break
11:30 AM - 01:00 PM CET
Session I: Market structures and income distribution
Pure rents and the profit share, market power concentration, rates of return, inequality of income and wealth, skills/digital divide, institutions and regulations
Chair: Mary Veronica Tovsak Pleterski (DG ECFIN)Lead speaker: Thomas Philippon (New York)Discussion panel: Carlo Altomonte (Bocconi), Chiara Criscuolo (OECD), Jens Suedekum (DICE)
01:00 PM - 02:00 PM CET
Lunch break
02:00 PM - 03:30 PM CET
Session II: Future-proofing fiscal policies
Demographics, productivity and investment, safe assets, public investment needs and the costs of debt, Musgrave+ assignments in going grey, green and digital
Chair: Declan Costello (DG ECFIN)Lead speaker: Olivier Blanchard (PIIE, Washington)Discussion panel: Roel Beetsma (Amsterdam), Margit Schratzenstaller (Vienna), Volker Wieland (Frankfurt)
03:30 PM - 04:00 PM CET
Coffee break
04:30 PM - 05:30 PM CET
Panel: Europe’s role in a changing global economy
The future of multilateralism in the world economy, reshuffling of economic gravity centres, competition and taxation issues, role of the euro, EU homework assignments
Chair: Marco Buti, DG ECFINPanellists: Laurence Boone (OECD), Philip Lane (ECB), Klaus Regling(ESM), Beatrice Weder di Mauro (CEPR)
General discussion
05:30 PM - 05:45 PM CET
Close of conference

Practical information

When: Friday 15 November 2019, 09:15 CET - Friday 15 November 2019, 17:45 CET
Where: Charlemagne Building
Charlemagne Building, Rue de la Loi 170, 1000 Brussels, Belgium

Report

Professor Paul Collier (University of Oxford) started the day with his distinguished ECFIN Lecture on “The future of capitalism”. He said we should heal the rifts between booming metropoles and broken regions and that we also need social convergence: the least successful regions and people need to catch up with the most successful.

Three subsequent sessions were devoted to specific sub-themes looking into (i) market structures and income distribution; (ii) the future proofing fiscal policies; and (iii) Europe’s role in a changing global economy.

Commissioner-designate for Economy, Paolo Gentiloni, addressed the audience by marking the most important economic challenges Europe has to tackle. He said Europe would need ‘a new approach’ to tackle the economic slowdown and future challenges and that Europe should reflect on how best to adapt its economic and fiscal surveillance framework. Europe has the potential to be a strong player on the world stage and needs to step up if it wants to be more than a mere spectator in a world determined by others, he said.

15 NOVEMBER 2019

Speakers at the ARC 2019

English

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Annual Research Conference 2019 - Economic challenges of the 2020s