Event date: 15 December 2016
The global financial crisis has had a profound impact on output and productivity in advanced and emerging economies. In response, policymakers around the world have acted boldly with monetary policy, macro-prudential policy and regulation.
Weak productivity growth is of concern because productivity is often thought to be a key driver of long term living standards. This has led economists and policymakers to question what lies behind the weakness in productivity growth. Is productivity being held back by financial factors - such as the lack of long term finance for long term investment - or is productivity being held back by real economy factors, such as globalisation and demographics? The recent crisis has also spurred a reassessment of the relationship between the level (and type) of finance and growth. Could weak productivity growth owe in part to wasteful investment spending or an undersupply of financial services? How does the mix of early and late stage financing drive investment and productivity? This conference aims to bring together perspectives on these big questions, as they will provide important guidance for future policy actions.
The deadline for submissions has now passed.
Attendance is strictly by invitation. If you would like to attend this conference please email Chloe Smith csmith@cepr.org by Monday 7 November.
Conference agenda