Overview
In the aftermath of the 2008 global financial crisis, major economies have entered a cycle of slow growth and rising government deficits, to which economists have responded with public expenditure cuts. Such austerity measures tend to reorganize the institutional matrix of the state, with socially regressive consequences. They affect welfare state provisions, change the distribution of economic risks, and influence the scope of social rights. The weight of the crises and social upheaval this has caused have disproportionately been carried by local governments.
This workshop will bring together scholars, policy-makers and activists. Uniting academic insight with concrete policy perspectives, we will explore the options available to local governments facing the effects of austerity.
How to Attend
Anyone with an interest in the topic is encouraged to apply. Workshop participants are also invited to the INET Conference that will follow on 14-15 April, ahead of the IMF and World Bank Meetings on 16-18 April. Interested participants residing outside the DC area may request to be considered for partial travel support and/or accommodation. In your application, please attach your CV and motivation, and elaborate on how your work and your interests align with the goals of the workshop, and the partner organization.
Apply here: https://ysi.ineteconomics.org/project/5e2f6a61a953855d12fcef8a/event/5e2f716ba953855d12fcf18d
75 Years After Bretton Woods: Does the World Need a New Global System?
News posted in States and Markets, February 15th 2020
Dear all,
We are happy to announce that we will be participating at YSI´s workshops ahead of the INET Conference (14-15 April). Please find the details of the States and Market´s call below.
Overview
The year of 2019 marked the 75th anniversary of the agreement that shaped the global monetary system. Last year at the Jackson Hole meeting, Mark Carney, governor of the Bank of England, claimed that "The deficiencies of the international monetary and financial system have become increasingly potent", and suggested the replacement of the U.S. dollar with a synthetic hegemonic currency based on a basket of central bank digital currencies.
The criticism to the Bretton Woods institutions date as far back as the conference itself, when John Maynard Keynes argued the need for a system that resolved imbalances through expansion rather than adjustment, and proposed the Bancor as its currency. However, the critiques have been piling up in the previous years, mostly due to the increasing challenge presented by global commercial imbalances, the internationalization of the renmibi, and the development of cryptocurrencies.
In this context, the workshop aims to discuss the adequacy of the Bretton Woods institutions for the current global financial system, and explore alternative proposals for a global financial governance.
How to Attend
Anyone with an interest in the topic is encouraged to apply. Workshop participants are also invited to the INET Conference that will follow on 14-15 April, ahead of the IMF and World Bank Meetings on 16-18 April. Interested participants residing outside the DC area may request to be considered for partial travel support and/or accommodation. In your application, please attach your CV and motivation, and elaborate on how your work and your interests align with the goals of the workshop, and the partner organization.
Please apply here: https://ysi.ineteconomics.org/project/5e2d718580bd146099b5400d/event/5e2d781e80bd146099b541b5
Deadline to apply for travel stipends: 8 March, 2020. If you will need to apply for a visa, apply by 23 February for earlier notice.