Welcome

The report of the European Economic Advisory Group (EEAG) will be presented in Switzerland at the Swiss Re Centre for Global Dialogue on 2 March 2012 strating 15.30. The presentation will be chaired by Jean-Pierre Roth, former President of the Swiss National Bank and a member of Swiss Re's Board of Directors. Please refer to the agenda for the detailed programme. Participation is free of charge upon confirmed registration only.

The EEAG was founded in 2001. Supported by Ifo's research staff, it provides an annual report on the European economy including a growth forecast as well as other topical European themes.

The Group consists of seven internationally known economists from seven European countries, chaired by Jan-Egbert Sturm (KOF Swiss Economic Institute, ETH Zurich). It includes Giancarlo Corsetti (University of Cambridge), Michael P. Devereux (University of Oxford), John Hassler (Stockholm University), Gilles Saint-Paul (University of Toulouse), Hans-Werner Sinn (Ifo Institute for Economic Research and University of Munich) and Xavier Vives (IESE Business School).

Agenda

15.30	Registration & welcome coffee
16.00	Welcome Stephan Schreckenberg, Head Risk Research Relations, Swiss Re Centre for Global Dialogue
16.05	Introduction Jean-Pierre Roth, BCGE Chairman of the Board; former Chairman of the Governing Board of the Swiss National Bank
16.15	Macroeconomic outlook and implications for the Swiss economy Significant slowdown of economic growth in 2012 Deterioration in financing conditions for banks and companies and deferral in consumption and investment Switzerland will suffer from the European slowdown Prof. Jan-Egbert Sturm, ETH Zurich, KOF Swiss Economic Institute
16.35	The Euro crisis: A leap into the future A unified and groundbreaking economic strategy A class of highly substitutable, high quality assets to keep the payment system running Prof. Giancarlo Corsetti, Professor of Macroeconomics at Cambridge University
17.00	Moderated discussion and open Q&A Chair: Jean-Pierre Roth Panellists: Prof. Jan-Egbert Sturm, Prof. Giancarlo Corsetti
17.30	Apero

Speakers

	Jean-Pierre Roth BCGE Chariman of the Board Jean-Pierre Roth was born in 1946. He received a doctorate in political sciences, specialising in international economics, from the University of Geneva, and an honorary doctorate in economics from the University of Neuchâtel. He joined the Swiss National Bank (SNB) in 1979, where he spent most of his professional career. In 1996, he was appointed by the Federal Council to the vice-chairmanship of the SNB’s executive board. In 2001, he became Chairman of the executive board, a position he held until 2009. In 2010 he was appointed Chairman of the Board of Directors of BCGE. He also occupied several important posts, as member and Chairman of the board of the Bank for International Settlements, Governor of the International Monetary Fund for Switzerland and representative for Switzerland on the Financial Stability Board. Read more
	Jan-Egbert Sturm KOF Swiss Economic Institute, ETH Zurich (Ph.D. University of Groningen, 1997) is Professor of Applied Macroeconomics, Director of the KOF Swiss Economic Institute at the ETH Zurich and President of the Centre for International Research on Economic Tendency Surveys (CIRET). He was researcher at the University of Groningen, The Netherlands, until 2001, and taught as Visiting Professor at the School of Business, Bond University, Gold Coast, Australia, 2000 and 2005. As Head of the Department for Economic Forecasting and Financial Markets at the Ifo Institute for Economic Research, he was also Professor of Economics at the University of Munich (LMU) at the Center for Economic Studies (CES), 2001–2003. He held the Chair of Monetary Economics in Open Economies at the University of Konstanz, Germany, which was coupled with the position of Director of the Thurgau Institute of Economics (TWI) in Kreuzlingen, Switzerland, 2003–2005. In his research, Jan-Egbert Sturm relies heavily on empirical methods and statistics, concentrating on monetary economics, macroeconomics as well as political economy. His applied studies have focused on, for example, economic growth and central bank policy. He has published several books, contributed articles to various anthologies and international journals like Applied Economics, Economics & Politics, European Economic Review, European Journal of Political Economy, Journal of Banking and Finance, Journal of Development Economics, Journal of Macroeconomics, Kyklos, Oxford Economic Papers, Public Choice, and the Scandinavian Journal of Economics. Jan-Egbert Sturm headed the Ifo research team at the Joint Analysis of the Six Leading German Economic Research Institutes, 2001–2003. Since 2001 he has been member of the CESifo Research Network and since 2003 Research Professor at the Ifo Institute. In 2006 he was appointed member of the User Advisory Council of the Ifo Institute. Links http://www.kof.ethz.ch/ Read more
	Giancarlo Corsetti Professor of Macroeconomics at Cambridge University Giancarlo Corsetti (Ph.D.Yale, 1992) is Professor of Macroeconomics at Cambridge University. He has taught at the European University Institute, University of Rome III, Yale and Bologna. He is director of the Pierre Werner Chair Programme on Monetary Unions at the Robert Schuman Center for Advanced Studies as well as a fellow of CESifo and CEPR, a member of the Council of the European Economic Association, and is regularly a visiting professor in central banks and international institutions. His main field of interest is international economics and open-economy macroeconomics with contributions that cover a wide range of issues: currency and fiscal instability, international transmission mechanism, monetary and fiscal policy, financial and real integration and global imbalances. His articles have appeared in the Brookings Papers on Economic Activity, Economic Policy, European Economic Review, Journal of International Economics, Journal of Monetary Economics, Quarterly Journal of Economics, and the Review of Economic Studies, among others. He is currently co-editor of the Journal of International Economics and the International Journal of Central Banking. Read more

Jean-Pierre Roth

BCGE Chariman of the Board

Jan-Egbert Sturm

KOF Swiss Economic Institute, ETH Zurich

(Ph.D. University of Groningen, 1997) is Professor of Applied Macroeconomics, Director of the KOF Swiss Economic Institute at the ETH Zurich and President of the Centre for International Research on Economic Tendency Surveys (CIRET). He was researcher at the University of Groningen, The Netherlands, until 2001, and taught as Visiting Professor at the School of Business, Bond University, Gold Coast, Australia, 2000 and 2005. As Head of the Department for Economic Forecasting and Financial Markets at the Ifo Institute for Economic Research, he was also Professor of Economics at the University of Munich (LMU) at the Center for Economic Studies (CES), 2001–2003. He held the Chair of Monetary Economics in Open Economies at the University of Konstanz, Germany, which was coupled with the position of Director of the Thurgau Institute of Economics (TWI) in Kreuzlingen, Switzerland, 2003–2005.

In his research, Jan-Egbert Sturm relies heavily on empirical methods and statistics, concentrating on monetary economics, macroeconomics as well as political economy. His applied studies have focused on, for example, economic growth and central bank policy. He has published several books, contributed articles to various anthologies and international journals like Applied Economics, Economics & Politics, European Economic Review, European Journal of Political Economy, Journal of Banking and Finance, Journal of Development Economics, Journal of Macroeconomics, Kyklos, Oxford Economic Papers, Public Choice, and the Scandinavian Journal of Economics. Jan-Egbert Sturm headed the Ifo research team at the Joint Analysis of the Six Leading German Economic Research Institutes, 2001–2003. Since 2001 he has been member of the CESifo Research Network and since 2003 Research Professor at the Ifo Institute. In 2006 he was appointed member of the User Advisory Council of the Ifo Institute.

Links

http://www.kof.ethz.ch/

Giancarlo Corsetti

Professor of Macroeconomics at Cambridge University

Information

Conference	EEAG Report on the European Economy 2012
Date	2 March 2012
Venue	Swiss Re Centre for Global Dialogue Gheistrasse 37 8803 Rüschlikon Switzerland Telephone +41 43 285 8100
Participation	Participation without fee upon confirmed registration
Dress code	Business
Travel	Participants are responsible for making their own travel arrangements. Airport transfers will be the responsibility of the participants. Click here for travel directions to the Centre
Accommodation	A limited number of rooms are available at the Swiss Re Centre for Global Dialogue. The rate per night including breakfast is CHF 300. Swiss Re Centre for Global Dialogue Gheistrasse 37 8803 Rüschlikon T+41 44 285 8100 F+41 44 288 8101
Disclaimer	This event may be photographed, videotaped, filmed and /or recorded. A summary of the event, pictures and/or a video of the event in which you may appear may be posted and made available on Swiss Re’s and the Swiss Re Centre for Global Dialogue’s internal and external websites and in printed materials.
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The operation of the Swiss Re Centre for Global Dialogue event platform is carbon neutral. Generated CO² emissions are being compensated as part of Swiss Re's long-standing commitment to be greenhouse gas neutral.

EEAG Report on the European Economy 2012