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International Economic Cooperation Post Covid-19: A Discussion Panel
In the current global crisis, many people have called for the kind of international economic cooperation evident during and after the GFC, cooperation which has been sadly lacking since the outbreak of the Covid-19 epidemic. But what would such cooperation involve? Our speakers will aim to provide some answers, drawing on papers forthcoming in a special issue of the Oxford Review of Economic Policy on Covid-19 Economics (https://academic.oup.com/oxrep/pages/About). Cameron Hepburn, Professor of Environmental Economics at Oxford University and Director of Oxford’s Smith School of Enterprise and the Environment will speak on the possibility of a green post-Covid recovery. Beata Javorcik, Professor of Economics at All Souls College, Oxford, and Chief Economist at the European Bank for Reconstruction and Development will discuss the severe contractions to trade finance and international trade and will consider the protectionist pressures arising from Covid-19 and the actions needed at the WTO to contain them. Warwick McKibbin, Director of CAMA at the ANU will talk about the enhanced fiscal support required in many emerging market economies, measures which would parallel the fiscal support already provided by most advanced economies, but which financial markets have prevented from taking place. Christopher Adam, Professor of Development Economics at Oxford University and a Visiting Scholar at the IMF will describe the difficult macroeconomic adjustment which Covid is forcing on countries in sub-Saharan Africa, and outline the additional aid and debt relief which these countries now desperately need. The Panel will be chaired by David Vines, Director of the Globalisation and Trade program in CAMA and Emeritus Professor of Economics at Balliol College, Oxford. During the GFC he was the Research Director of the EU’s Framework Seven PEGGED Research Programme on Global Economic Governance bringing together economists to provide policy advice during that period of turmoil.

Jul 23, 2020 05:00 PM in Canberra, Melbourne, Sydney

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