Economics After the Great Recession

IMF Blog, October 25, 2016

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Economics After the Great Recession

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Bibliographic details

• Authors: iMFdirect
• Published: October 25, 2016

Event and participants

• Publication: iMFdirect
• Date: October 25, 2016
• Event: The IMF’s Annual Research Conference is coming up November 3 and 4
• Participants highlighted:
  • Maurice Obstfeld — the IMF’s Economic Counsellor and Director of the Research Department
  • Olivier Blanchard — the IMF’s former Economic Counsellor and now a Senior Fellow at the Peterson Institute in Washington, D.C.
• Media: Video conversation [embedded YouTube link in source]

Central issue highlighted

• Low potential growth in advanced economies is identified as the main issue facing the global economy.

Factors and legacies discussed

• Blanchard’s assessment:
  • Cannot blame everything on the crisis; other contributors include:
  • The slowdown in productivity growth
  • Demographics
  • These trends must be addressed alongside the legacies from the great recession

Conference focus and objectives

• The conference will:
  • Revisit traditional macroeconomic issues
  • Bring in new issues—inequality and globalization—to shed light on current conditions and future directions
  • Explore Olivier Blanchard's legacy
  • Survey the new issues
  • Point the way forward to new solutions

Source: iMFdirect, October 25, 2016 — "Economics After the Great Recession"

References

• Annual Research Conference
• video