The emergency response to the COVID crisis has exacerbated many of the issues our economies have been facing since the global financial crisis. Governments are financing themselves through national debt issuance only seen in wartime. Central banks’ unconventional instruments have been massively scaled up and currency swaps of leading central banks have been rolled out.
The urgency - and innovativeness - with which these decisions had to be made has allowed policy to outpace theory. This gap in knowledge urgently needs to be bridged, so that informed decisions can be made on the issues facing central banking decisions and also those pertaining to the Global Financial Architecture. In this webinar, Professor Ricardo Reis, Professor Franklin Allen and LSE IGA Interim Director Piroska Nagy Mohacsi discuss innovative policy recommendations for the attention of national and G20 leaders.
Panellists:
- Franklin Allen, Brevan Howard Centre, Imperial College London and CEPR
- Piroska Nagy Mohacsi, Institute of Global Affairs, School of Public Policy, LSE
- Ricardo Reis, LsE and CEPR
John Gordon is the Student Leader for this session. John is a masters student in Economics at LSE.
Full information about the event can be found here: https://www.lse.ac.uk/iga/events/2020-virtual/MAF/New-Rules-for-Finance-...