Monday 9 July 2012 

The Business School are proud to present Dr Adam Posen of the Bank of England's Monetary Policy Committee. This seminar will deliver an insightful depiction of the current economical stance from a financial institution’s prospective, allowing guests to gain an insight into the potential prospective plans for the economy. 

Adam Posen is known for his well-founded direct talk. He has a keen eye for the real side of the economy and for the role of institutions in economic performance.

Abstract:

“We understand the macroeconomy reasonably well, and that is through the lens of Keynesian economics. Central banks set up unreasonable expectations of stabilization by claiming too much credit during the Great Moderation. Politicians have often chosen to follow mistaken economic ideas. We can get out of this situation by blunt truth telling and forceful policy action.”

Speaker:

Dr Adam Posen joined the Bank of England’s Monetary Policy Committee on 1 September 2009. He is also a senior fellow at the Peterson Institute for International Economics, which he joined in 1997. His policy and research work focuses on macroeconomic policy and performance, European and Japanese political economy, central banking issues, and the resolution of financial crises.

He has been a consultant on economic and foreign policy issues to several US government agencies, the European Commission, the UK Cabinet Office, and to the IMF. He is in his third two-year term as a member of the Panel of Economic Advisers to the US Congressional Budget Office. He was previously a visiting scholar at central banks worldwide. He is a member of the Council on Foreign Relations, the Trilateral Commission, and of the Bellagio Group of international economic academics and officials.

Dr Posen is the author or co-author of six books and numerous articles, including widely-cited studies of inflation targeting, Japan’s Great Recession and recovery, the economic impact of asset price bubbles, and of central bank independence. He has been the recipient of major research grants from the European Commission, the Ford Foundation, the German Marshall Fund of the United States, and the Alfred P. Sloan Foundation. He received his Ph.D. and his A.B. from Harvard University.

When:

Monday 9 July 2012, 6:30pm – 9pm

Where:

Ward Room, Pembroke Building, Medway Campus

Fee:

This event is free for all

Secure your place:

Complete our online registration form

Venue:

This conference, hosted by the University of Greenwich, is being held at the Medway Campus, Kent.

This splendid Edwardian redbrick and ivy-clad campus – dating from 1903 – has benefited from £50 million in investment since 1996. Extensive new laboratories and research facilities have been opened at Medway and the university has linked with other educational establishments to develop the campus as a major higher education centre in the Medway region, known collectively as the Universities at Medway.

For further information contact:

Conferences and Executive Development team
Telephone: +44 (0) 20 8331 9083
Email: businessevents@gre.ac.uk