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Dipartimento di Economia
INFER Workshop on:
The Euro: manage it or leave it!
The economics, social and political costs of crisis exit strategies
 
June 22-23, Faculty of Economics, Gabriele d'Annunzio University
Viale Pindaro, 42, 65127 Pescara (Italy)
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In partnership with:

Dipartimento di Economia

Since April,1,1998
Workshop programme
Friday June 22, morning
Opening session
9:00-9:30 - Registration

9:30-10:00 - Welcome adresses:
  • Anna Morgante - Dean, Faculty of Economics, "Gabriele d'Annunzio" University
  • Piergiorgio Landini - Head, Department of Economics, "Gabriele d'Annunzio" University
  • Alberto Bagnai - Department of Economics, local organizer

10:00-11:00 - Keynote speech: Roberto Frenkel (University of Buenos Aires and CEDES), Lessons from a comparative analysis of financial crises.

11:00-11:15 - Coffee break

11:15-13:15 - First session
Chairman: Jan Van Hove (KU Leuwen, Belgium),Chair of the INFER Board
  • Cesaratto, Sergio (University of Siena, Italy) "Controversial and novel features of the Eurozone crisis as a balance of payment crisis" (discussant: Pedro Cerqueira)
  • Birner, Jack (University of Trento, Italy; University College of Maastricht, The Netherlands) "If bad money is a collective bad, isn't good money a collective good?" (discussant: Sergio Cesaratto)
  • Cerqueira, Pedro André (University of Coimbra, Portugal) "Growth rates constrained by internal and external imbalances and the role of relative prices: The case of Portugal" (with Micaela Antunes and Elias Soukiazis; discussant: Jack Birner)
13:15-14:30 - Buffet lunch 14:30-16:30 - Second session
Chairman: Elias Soukiazis (Coimbra University, Portugal), Member of the INFER Board
  • Farina, Francesco (University of Siena, Italy) "Current account imbalances and systemic risk within a monetary union" (with Elisabetta Croci Angelini; forthcoming on Journal of Economic Behaviour and Organization; discussant: Luis Alberto Rivas Herrero)
  • Osinska, Joanna (Ministry of Finance, Poland) "EMU: the (post-)crisis perspective. Literature survey and implications for the euro-candidates" (with Andrzej Toroj, Elzbieta Bednarek, Joanna Neza-Bojanowska, Katarzyna Wacko, Dariusz Witkowski; working paper version; discussant: Francesco Farina)
  • Rivas Herrero, Luis Alberto (IE University, Spain) "The performance of the economies of Portugal and Spain throughout the crisis in the euro area: with or without you?" (with Carlos Garcimartin; discussant: Joanna Osinska).

16:30-16:45 - Coffee break

16:45-18:45 - Third session
Chairman: Alberto Bagnai (Gabriele d'Annunzio University, Italy)
  • Ryan, Geraldine (University College Cork, Ireland) "Real economic activity leading indicators: should we have paid more attention?" (with Edward Shinnick; discussant: Zuzana Studnicka)
  • Soukiazis, Elias (University of Coimbra, Portugal) "Causes of the decline of economic growth in Italy and the responsibility of euro. A balance of payments approach." (with Pedro André Cerqueira, Micaela Antunes; discussant: Geraldine Ryan)
  • Studnicka, Zuzana (KU Leuwen) "How distinct is distance? An international trade perspective" (with Jan Van Hove, Filip Abraham; discussant: Elias Soukiazis)

Friday June 22, evening
20:30 - Gala dinner

Saturday June 23, morning
9:00-11:00 - Fourth session
Chairman:
  • Presbitero, Andrea (Università Politecnica delle Marche, Italy) "External imbalances and financial fragility in the euro area" (with Pietro Alessandrini, Michele Fratianni, Andrew Hughes Hallet; presented in Voxeu.org; working paper version; discussant: Václav Zdarek)
  • Van Hove, Jan (KU Leuwen) "The global crisis and dynamics in European trade" (discussant: Andrea Presbitero)
  • Zdarek, Václav (University of Warwick) "Sovereign debt crises, multiple equilibria outcomes and debt dynamics - a brief survey of approaches and possible solutions" (discussant: Jan Van Hove).

11:00-11:15 - Coffee break

11:15-13:00 - Round table: Assessing the costs of euro break-up.

13:00-13:30 - Closing speech: Ugo Panizza (UNCTAD), Debt, Debt Crises, Politics, and Currency Unions.

13:30 - Buffet lunch



The workshop will feature (parallel) sessions of two hours, featuring three papers each. There will be about 30 minutes for presentation and 10 minutes for discussion/questions. Each author will be asked to discuss a paper. The conference rooms will be equipped with PCs and projectors for PPT presentations.

 
 



The National Archaeological Museum in Chieti

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