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Thursday 7 March 2019 Griffith Asia Institute | Economic Society of Australia (Qld) SYMPOSIUM ON LESSONS FROM THE GLOBAL FINANCIAL CRISIS EVENT OUTLINE The Ship Inn, Level 2 Function Room, Griffith University Queensland College of Art 10:45am (for 11:00am start) 5:00pm The 2008-09 global financial crisis is seen as the most cataclysmic macroeconomic event since The Great Depression. Although it affected economies worldwide, it most harmed advanced economies which subsequently endured sub-optimal economic growth, record low interest rates, weak private investment, poor productivity, reduced working hours, low wages growth and high public debt. A decade has passed since central banks and governments through the G20 began deploying a range of co-ordinated monetary and fiscal measures in response to the crisis. Hence, it is timely to assess the policy lessons to be learned from this episode. This Symposium, jointly organised by the Griffith Asia Institute and the Economic Society of Australia (Qld), brings together several high profile economists to analyse the key issues. Registration is essential to attend this free event. RSVP by Friday 1 March, 2019. Register by clicking the registration button below or by emailing [email protected].

SYMPOSIUM ON LESSONS FROM THE GLOBAL FINANCIAL CRISIS · range of co-ordinated monetary and fiscal measures in response to the crisis. Hence, it is timely to assess the policy lessons

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Page 1: SYMPOSIUM ON LESSONS FROM THE GLOBAL FINANCIAL CRISIS · range of co-ordinated monetary and fiscal measures in response to the crisis. Hence, it is timely to assess the policy lessons

Thursday 7 March 2019

Griffith Asia Institute | Economic Society of Australia (Qld)

SYMPOSIUM ON LESSONS FROM THE GLOBAL FINANCIAL CRISIS

EVENT OUTLINE

The Ship Inn, Level 2 Function Room, Griffith University Queensland College of Art10:45am (for 11:00am start) – 5:00pm

The 2008-09 global financial crisis is seen as the most cataclysmic macroeconomic event since The Great Depression. Although it affected economies worldwide, it most harmed advanced economies which subsequently endured sub-optimal economic growth, record low interest rates, weak private investment, poor productivity, reduced working hours, low wages growth and high public debt.

A decade has passed since central banks and governments through the G20 began deploying a range of co-ordinated monetary and fiscal measures in response to the crisis. Hence, it is timely to assess the policy lessons to be learned from this episode.

This Symposium, jointly organised by the Griffith Asia Institute and the Economic Society of Australia (Qld), brings together several high profile economists to analyse the key issues.

Registration is essential to attend this free event.RSVP by Friday 1 March, 2019.

Register by clicking the registration button below or by emailing [email protected].

Page 2: SYMPOSIUM ON LESSONS FROM THE GLOBAL FINANCIAL CRISIS · range of co-ordinated monetary and fiscal measures in response to the crisis. Hence, it is timely to assess the policy lessons

Janine DixonSenior Research Fellow, Centre for Policy Studies, Victoria University

Creina DayA/Professor, Crawford School of Public Policy, Australian National University

Andrew CharltonDirector, Aplhabeta

Andrew Hughes HallettProfessor of Economics, George Mason University and University of St Andrews

Tony MakinDirector, APEC Study Centre, Griffith University

John SimonHead, Economic Research Department, Reserve Bank of Australia

PROGRAM10:45am – 11:00am: Registration

Session 111:00am – 11:10am: Welcome and introduction

11:10am – 11:50am: Andrew Charlton, Alphabeta Advisors Catching a falling knife 11:50am – 12:30pm: John Simon, Head of Economic Research Department, RBA Ten years of research – What have we learnt since the financial crisis?

12:30pm – 1:30pm: Lunch

Session 21:30pm – 2:10pm: Creina Day, Crawford School of Public Policy, Australian National University House prices and household debt post crisis

2:10pm – 2:50pm: Tony Makin, Griffith University Lessons from the GFC for macroeconomic policy

2:50pm – 3:10pm: Afternoon tea

Session 33:10pm – 3:50pm: Janine Dixon, Centre for Policy Studies, Victoria University Structural change since the GFC: A CGE analysis

3:50pm – 4:30pm: Andrew Hughes-Hallett, George Mason University and University of St Andrews Fiscal policy and debt sustainability post crisis

4:30pm – 5:00pm: Closing discussion

5:00pm: Post event drinks (cash bar)

KEY SPEAKERS