Webcast
07 May 2012
Ministry of Finance
Sweden and IMF host conference on fiscal consolidation and medium-term budgetary frameworks
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Introduction
Anders Borg, Minister of Finance, Sweden
7 May 2012 -
Experiences from fiscal consolidation in Latvia
Valdis Dombrovskis, Prime Minister, Latvia
7 May 2012 -
The role of structural reforms in fiscal consolidation
Pietro Carlo Padoan, Chief Economist OECD
7 May 2012 -
Macroeconomic effects of fiscal consolidations: evidence of non-Keynesian effects
Göran Hjelm, Head of Research, National Institute of Economic Research, Sweden
7 May 2012 -
Panel discussion
Chair: Eric M. Leeper, Professor, Indiana University, Jurgen Ligi, Minister of Finance, Estonia, Ted Menzies, Minister of State (Finance), Canada, Lucio R. Pench, Director Fiscal policy, Belgium, Roel Beetsma, Professor, Amsterdam School of Economics
7 May 2012 -
Recent fiscal consolidation programs in Italy: rationale, design and performance
Vittorio Grilli, Deputy Minister of Economy and Finance, Italy
7 May 2012 -
Designing fiscal consolidation programs: what works?
Carlo Cottarelli, Director Fiscal Affairs Department IMF
7 May 2012 -
Panel discussion
Chair: Roel Beetsma, Professor, University of Amsterdam, Gudmundur Arnason, Permanent Secretary, Ministry of Finance, Iceland, Chris Barrett, Former Chief of Staff, Ambassador to the OECD, Treasury, Australia, Vitor Gaspar, Minister of State and Finance,
7 May 2012 -
The role of fiscal rules in medium-term budget planning
Joachim Wehner, Senior Lecturer, London School of Economics
8 May 2012 -
A case for binding medium-term budgetary frameworks: key elements and crosscountry performance
Gösta Ljungman, Economist, Fiscal Affairs Department, IMF
8 May 2012 -
Fiscal forecasting in Europe
Roel Beetsma, Professor, University of Amsterdam
8 May 2012 -
Panel discussion
Chair: Pietro Carlo Padoan, Chief Economist OECD Robert Chote, Chairman of the office for budget responsibility, Great Britain, Daniele Franco, Managing director for economic research and international relations, Banca d´Italia, John Hassler, Professor, I
8 May 2012 -
The Swedish Medium-Term Budgetary Framework
Urban Hansson-Brusewitz, Budget Director, Sweden; Robert Boije, Deputy Director, Ministry of Finance, Sweden
8 May 2012
Live webcast from the Joint Conference.
Monday May 7 8:30-16:15
Tuesday May 8 08:30-16:45
Many economies are facing substantial fiscal challenges in the years ahead and need to strike a balance between budget consolidation and growth-oriented policies. Now it is more important than ever to review the factors that explain how fiscal sustainability can be restored and maintained. The conference brings together senior policy makers and leading academics to discuss cross-country experience and recent research. The first day focuses on how various approaches to fiscal consolidation have fared, and what lessons can be drawn for countries now faced with high deficits and debt levels. The second day focuses on how the adoption of a medium-term perspective in fiscal policy making and budgeting can promote strong public finances.
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