Transatlantic Economic Challenges in an Era of Growing Multipolarity

Date

September 27, 2011, 12:00 AM EDT
Berlin

Vítor Gaspar (Former Minister of Finance of Portugal), Jacob Funk Kirkegaard (PIIE), André Sapir (Bruegel), Joseph E. Gagnon (PIIE), Otmar Issing (Former Chief Economist of the European Central Bank), Adam S. Posen (PIIE), Jean Pisani-Ferry (Bruegel), Michael Mussa (PIIE), Wolfgang Schäuble (German Federal Minister of Finance), Malgorzata Kaluzynska (Government of Poland), Antonio Cortina (Banco Santander), Guntram B. Wolff (Bruegel), Clemens Fuest (Bruegel), Michael Burda (Humboldt University), Alan Ahearne (National University of Ireland), Zsolt Darvas (Bruegel), Rajshri Jayaraman (European School of Management and Technology) and Ignazio Angeloni (Bruegel)

Event Summary

On September 27, 2011, the Peterson Institute and Bruegel hosted a conference in Berlin on the challenges facing transatlantic economic cooperation in an era of growing multipolarity.

Portuguese finance minster Vitor Gaspar gave the opening remarks for the conference, and German finance minister Wolfgang Schäuble delivered the keynote luncheon address.

The policy conference, which is the second under a grant from the European Commission, featured papers from Peterson Institute and Bruegel scholars on three specific topics—the international monetary system, the economic growth outlook, and the transatlantic debt challenge. Each paper was followed by remarks from a European and US discussant, critiquing the papers from his or her own geographic perspective. The conference concluded with a policy panel discussion, featuring representatives of Poland's EU Presidency, the US Treasury, the Bank of England, and the private European banking sector.

The proceedings of the conference have been published as Special Report 22: Transatlantic Economic Challenges in an Era of Growing Multipolarity, edited by Jacob Funk Kirkegaard, Nicolas Véron, and Guntram B. Wolff.

Agenda

 
Opening address Vitor Gaspar, Minister of Finance Portugal
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Panel 1: Europe, the United States, and the International Monetary System
Chair Jacob Funk Kirkegaard, Peterson Institute for International Economics
Papers Ignazio Angeloni, Bruegel

André Sapir, Bruegel

Joseph E. Gagnon, Peterson Institute for International Economics

European discussant Otmar Issing, University of Frankfurt, Center for Financial Studies
US discussant Adam S. Posen, Bank of England, Peterson Institute for International Economics
 
Panel 2: The Growth Challenge in Europe and the United States
Chair Jean Pisani-Ferry, Bruegel
Papers Zsolt Darvas, Bruegel

Michael Mussa, Peterson Institute for International Economics

European discussant Malgorzata Kaluzynska, Government of Poland
US discussant Rajshri Jayaraman, European School of Management and Technology
 
Keynote address Wolfgang Schäuble, German Federal Minister of Finance
download pdf
 
Panel 3: The Debt Challenge in Europe and the United States
Chair Zsolt Darvas, Bruegel
Papers Alan Ahearne, Bruegel

Guntram Wolff, Bruegel

Jacob Funk Kirkegaard, Peterson Institute for International Economics

European discussant Clemens Fuest, Saïd Business School, University of Oxford
US discussant Michael Burda, Humboldt University
 
Concluding Panel
Chair Guntram Wolff, Bruegel
Discussants Jean Pisani-Ferry, Bruegel

Adam S. Posen, Bank of England and Peterson Institute for International Economics

Antonio Cortina, Banco Santander

Malgorzata Kaluzynska, Government of Poland

Charles Collyns, US Treasury