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Registration closed!

The Danish Institute for International Studies (DIIS) has the pleasure of inviting you to a conference on:
 

Central Banking at a Crossroads: Europe and Beyond
29-30 January 2013

Axelborg
Axelborgsalen
Vesterbrogade 4A, 1620 Copenhagen K

 
 
Background
 
The conference takes on two of the most central questions in the post-crisis debate on how to restore stability in the financial systems. On a macro level, the conference examines the changing role of central banking. The global financial crisis has made apparent that the models central banks had relied on could no longer meaningfully capture the changing nature of financial intermediation. Furthermore, in dealing with the crisis, central banks have had to abandon their standard tool-kit and adopt unconventional approaches such as Quantitative Easing or Outright Monetary Transactions in the Eurozone. These, however, have undermined the traditional boundaries of central banking activity − neutrality from both markets and governments. For the past five years, central banks have intervened in both public and private debt markets, taking on functions of market makers or dealers of last resort.
 
On a micro level, the potential role of special bank resolution regimes in handling this and future crises has come to the fore of attention. A number of countries have already implemented new laws seeking to enable a more effective resolution of financial institutions in crisis and on an EU level, a European resolution regime is likely to play a central role in any future ‘banking union’. Is a more dynamic and proactive approach to resolving ailing financial institutions enough to avoid resolutions that spill-over to the rest of the national and international financial system? What are the national experiences so far, and what do they tell us about the potential of special bank resolution regimes?
 
The conference is funded by Copenhagen Business School (CBS), the Danish Central Bank, Danske Bank, the European Coorporation in Science and Technology (COST), Finansrådet, Nordea, Nykredit and DIIS.
 
 
Speakers Presentations

Day 1: Keynote Speakers & Session 1 + 2
Charles Goodhart (72,0KB)
Jens Lundager (420KB)
Per Anders Fasth (296KB) 
Richard Herring (1,07MB)
Eiji Maeda (528KB)
Barbara J. Attinger (100KB)
Martin Cihak (708KB)
Eva Hüpkes (84,0KB)
David G Mayes (204KB)
Anat Admati (724KB)

Day 2: Keynote Speakers & Session 1 + 2
Perry Mehrling (512KB)
Daniela Gabor (740KB)
Annelise Riles (644KB)
Sheila Dow (2,14MB)
Ismail Ertürk (732KB)
Iain Hardie (332KB)
Manmohan Singh (5,80MB)
Erkki Liikanen (84,0KB) 
 

Programme
 
The two workshops of the conference will explore the above mentioned developments and set them in the context of the European crisis: 
 
Tuesday, 29 January 9.00-18.00: Workshop 1
Bank Resolution in Comparative Perspective: What Lessons for Europe?
 
Wednesday, 30 January 9.00-18.00: Workshop 2
Central Banking in an Age of Collateral-Based Finance: Where Next for the ECB?

The conference program is available on this link.
 
 
Practical Information
 
The seminar will be held in English.
 
Registration is unfortunately no longer possible due to overwhelming interest in the seminar.

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Updated: 04/02/13