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 : NAEC@oecd.org

> For OECD staff: Register

> Watch the webcast: am / pm

> Logistical note (to follow)

> Agenda (to follow)

> Speaker biographies (to follow)

• NAEC Conference "Averting Systemic Collapse"
• Systemic Thinking for Policy Making (OECD/IIASA 2020)
• A Systemic Approach to Dealing with Covid-19 and Future Shocks
• Resilience Strategies and Approaches to Contain Systemic Threats
  
• Beyond Growth: Towards a New Economic Approach