9 October 2020

 NAEC - New approaches to economic challenges

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Confronting Planetary Emergencies

OECD Conference Centre (Room CC13)

The Covid-19 epidemic showed how a health emergency can provoke severe economic consequences across the planet, in part because austerity measures taken to deal with the 2008 financial crisis had left many health and care systems unprepared to cope with the pandemic. The deep interconnectedness and interdependence of global systems means that any local crisis can rapidly scale up to contribute to the planetary environmental, social, economic, and political emergencies we are facing. The climate, economic, geopolitical, and social emergencies also interact with and amplify each other. 

Traditional economic thinking and policy will be of as little use in future crises as they were in 2008 and 2020. Building on the 2018 and 2019 conferences on 10 Years After the Crisis and Averting Systemic Collapse, the 2020 meeting of the NAEC Group will discuss the urgent changes in analysis and action needed to tackle planetary emergencies and global-scale systemic challenges. Nobel laureat Esther Duflo will lead the discussion on development, and Thomas Piketty will argue for new economic thinking to tackle inequalities. Mark Carney, Former Governor of the Bank of England, will draw lessons from his experience of financial and climate issues, while Ireland’s President Michael D. Higgins will address the questions facing government leaders.  

> For external participants :

> For OECD staff: Register

> Watch the webcast: am / pm

> Logistical note (to follow)

> Agenda (to follow)

> Speaker biographies (to follow)

Draft Agenda

 Opening remarks


Angel Gurria, OECD Secretary-General

 Session 1: New Economic Thinking on Inequalities

Chair: Gabriela Ramos, OECD Chief of Staff and Sherpa

Keynot Speaker:

  • Thomas Piketty, Professor at the School for Advanced Studies in the Social Sciences (EHESS), associate chair at the Paris School of Economics
Session 2: New Economic Thinking on Development

Keybote Speaker:

  • Esther Duflo, Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at the Massachusetts Institute of Technology
Session 3: New Economic Thinking on Sustainability and Climate

Keynote Speaker:

  • Mark Carney, Former Governor of the Bank of England (TBC)
Session 4: New Economic Thinking and the Way Forward

Keynote Speaker: