CONFERENCE ASPECTS
When the European Central Bank was created on June 1, 1998, and the euro was introduced on January 1, 1999, the project of a European Economic and Monetary Union (EMU) finally became reality after a long process of monetary cooperation and unification. As the euro celebrates its 20th anniversary, it is worthwhile to take stock of this major institutional reform and explore what the future holds for EMU. After a brief look into its general history, we will discuss in more detail how EMU brought about the level of monetary, financial and fiscal stability that allowed Europe to master adversarial events such as the Global Financial Crisis and its aftermath. We will also examine the role EMU plays in the larger European project. What are the steps yet to be taken to fully complete this historical project? Moreover, we will analyze how to tackle technological changes in the areas of money and finance.
Scientific Coordination
Ernest Gnan, Counsel to the Board, Head of Division, Economic Analysis Division, Oesterreichische Nationalbank and SUERF
Martin Summer, Head of the Economic Studies Division, Oesterreichische Nationalbank
EMU – from the past into the future
Jean Claude Trichet, Chairman, BruegelMaking the most of EMU: challenges and opportunity for reform
Luiz de Mello, Director, Policy Studies Branch, Economics Department, OECD20 years of EMU, 10 years in crisis mode: How may a future „new normal“ of monetary policy look like?
Peter Mooslechner, Executive Director, Oesterreichische NationallbankEscaping the trap: Secular stagnation, monetary policy and financial fragility
Martin Wolf, Associate Editor and Economics Commentator, Financial TimesThe Banking Union and Financial Stability in the Eurozone
Ed Sibley, Deputy Governor, Prudential Regulation, Central Bank of IrelandStrengthened EU fiscal framework: fiscal discipline versus economic stabilization
Gottfried Haber, President, Austrian Fiscal Advisory CouncilFiscal Financial Vulnerabilities
Ludger Schuknecht, Deputy Secretary-General, OECDThe global role of the euro: from start-up to scale-up
Kerstin Jorna, Deputy Director General, DDG2, Directorate General Economic and Financial Affairs, European CommissionThe euro’s global role: past, present and future
Arnaud Mehl, Principal Economist, European Central BankCentral bank digital currency and monetary policy
Ulrich Bindseil, Director General, Market Operations, European Central BankA Risk-Based Taxonomy of Crypto Assets
Andrei Kirilenko, Director, Centre for Global Finance and Technology, Imperial CollegeIntegration and convergence in the EMU: a complex dynamics
Bruno Cabrillac, Deputy Director General Statistics, Economics and International, Banque de FranceReconciling risk sharing with market discipline: A constructive approach to euro area reform
Isabel Schnabel, Professor of Financial Economics, University of Bonn, German Council of Economic Experts and SUERF Fellow
