Annual Research Conference 2020 - Europe’s quest for new models of sustainable growth and convergence

Topics: Events

    13/11/2020 - 21:50
    Belgium, Brussels
    European Commission


The Annual Research Conference 2020, an online event organised by the directorate-general for economic and financial affairs of the European Commission (DG ECFIN) will examine Europe’s quest for new models of sustainable growth and convergence in extraordinary and challenging times. The Covid-19 pandemic is more than a health crisis requesting hitherto unseen levels of social distancing and economic restrictions. It has caused havoc in an already fragile global economy, calling into question our socio-economic models. However, questions were already being asked of these models well-before the pandemic hit, not least due to the  widely discredited, unfettered ‘market-first’ growth strategies of the recent decades. Therefore, mapping out Europe’s post-pandemic socio-economic agenda calls for an integrated approach towards the simultaneous policy challenges of going grey, green and digital at a time when the impact of the pandemic is accelerating change.

  • 13 November: 13.50 - 14.00 (Europe/Brussels)

    Participants connect

  • 13 November: 14.00 - 14.30

    Welcome by Maarten Verwey, Director General, DG ECFIN

    Introduction: The socio-economic agenda after coronavirus    

    Commissioner for the Economy Paolo Gentiloni, in conversation with Maria Demertzis (Bruegel)

    Q & A with participants

  • 13 November: 14.30 - 15.15

    Transition challenges in going grey, green and digital

    The socio-economic transition challenges of going grey, green and digital will remain on top of the EU’s socio-economic political agenda in a medium-term macroeconomic environment most likely characterised by low growth, low interest rates and high public debt.

    Chair: Geraldine Mahieu (DG ECFIN)

    Speakers: Angela Köppl and Margit Schratzenstaller (Austrian Institute for Economic Research), Jens Suedekum (DICE, Düsseldorf)

    Q & A with participants

  • 13 November: 15.15 - 16.00

    United in diversity? Convergence patterns in Europe reconsidered

    EU Member States and regions are embarking from different starting points and with different legacies but eventually will need to show convergence towards the common goal of inclusive productivity. Fundamental deficiencies and inconsistencies in macro-structural and institutional policies challenge balanced and sustained prosperity; and drifting too far apart can create negative spillovers putting social and political cohesion in the Union at risk.

    Chair: Istvan Szekely (DG ECFIN)

    Speakers: Prof. Roberto Camagni (Emeritus of Politecnico di Milano), Debora Revoltella (Director of the Economics Department, European Investment Bank), Robert Stehrer (WIIW, Vienna)

    Q & A with participants

  • 13 November: 16.00 - 16.45

    Distinguished ECFIN Lecture: Globalisation in  the “new normal”

    Geopolitical tensions clearly extend into the economic sphere with growing fragmentation and disintegration of global markets against a background of popular discontent with the “hyper-globalisation” of recent decades. The pandemic is acting as an accelerant; it caused a major setback to trade and disrupted the functioning of global production networks. In consequence, calls for less reliance on global markets for essential supplies, reshoring and localisation of production nearer-to-home, and taming globalisation overall, have become even louder.

    Chair: Elena Flores (DG ECFIN)

    Speaker: Dani Rodrik (Harvard Kennedy School)

    Q & A with participants

  • 13 November: 16.45 - 17.00

    Closing remarks – Elena Flores