2019 marks the 20th anniversary of the introduction of the Euro, replacing 11 national currencies. The two decades have been characterised by geographical extension to nowadays 19 countries, a modest increase in the Euro’s international role, but also by the build-up of unsustainable imbalances, and a long and deep economic and political crisis specific to many countries sharing the common currency. In response, substantial reforms have been undertaken without, though, resolving a number of key economic governance weaknesses. Since even before its birth the euro has been a subject of controversial debate amongst economists of all schools. That debate has only intensified since the crisis. Now emerging into “adulthood”, serious questions remain. Is the common currency sustainable in something like its present form? What economic policies are feasible within the current framework? What crucial reforms need to be pushed through? Can a path back to national currencies be trodden while avoiding a major crisis?
In September 2008 the bankruptcy of Lehman Brothers was a landmark in a series of events that triggered the great financial and economic crisis. However, its roots lie much deeper: rising inequality, deregulation of financial markets, private debt and trade imbalances are discussed to play a role. Ten years later, financial markets are again reaching record highs, the world economy grows at a strong pace and major central banks are beginning to tighten their monetary policy stance.
At our 21st conference, we will assess how the past globalisation process can be explained, in which direction it may develop, and which policies are needed to make the global economy beneficial for all.
The summer school aims at providing an introduction to Keynesian macroeconomics and to the problems of European economic policies to interested graduate students (MA and PhD) and junior researchers.
30 July - 05 August 2017.
Berlin, IG Metall Bildungszentrum Berlin Pichelssee
During three conference days more than 300 participants engaged in discussions with presenters of about 140 selected papers in parallel sessions and eight keynote presentations.
20 - 22 October 2016
Berlin, Best Western Hotel Steglitz International
The forum aims to be both a platform for discussions about economic theory as well as a forum for economic policy debates: Macroeconomic theory is seen as the basis for policies which aim at high employment, environmentally sustainable growth, price stability, reduced inequality, and the elimination of poverty. more...
Since its first workshop, held in 1997, the forum organises a yearly international conference, which takes place in late October. In 2008, the first international Summer School, directed at advanced students and young researchers, took place in Berlin. Starting from 2009, the Summer School shall be held every two years. more...
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