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Symposium on Systemic Recovery

 

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NAEC has joined with The Fields Institute and Rebuilding Macroeconomics to hold this 2-day virtual Symposium of four sessions of invited talks on the themes below.

The Symposium focuses on (i) lessons from the pandemic, (ii) new integrated modeling approaches that have emerged from the crisis; and (iii) recommendations to build a more resilient system to protect ourselves from such events in the future. The Symposium involves world leading experts on state-of-the-art applications emerging from new multidisciplinary and innovative analytical tools and techniques to inform recovery policies and strategies. In addition, each day includes a session where the main findings of an Extended Problem Solving Workshop are presented and discussed.

Draft Agenda (pdf)

> Full details and registration available at NAEC/Fields/RM Symposium on Systemic Recovery 

Monday 26 April 14:30-19:00 (CET) 

Theme 1 - Not out of the woods yet: The Covid-19 pandemic is still raging around the globe. This panel reviews the current state of the crisis, from both a health and economics points of view, and discusses the main lessons learned in the past year. 

Moderator/Discussant: William White, Economist, former Chair of the Economic Development Review Committee (EDRC)

Speakers:

  • Megan Greene, Economist, Senior Fellow, Harvard Kennedy School
  • Joshua M. Epstein, Professor of Epidemiology, New York University School of Global Public Health and External Professor, Santa Fe Institute
  • Igor Linkov, Senior Science and Technology Manager, US Army Engineer Research and Development Center, and Adjunct Professor, Carnegie Mellon University
    "COVID-19: Systemic Risks and Resilience" 

Theme 2 - Exit strategies: In the next several months, as vaccines roll out and the number of new cases and deaths consequently decreases, many countries will begin implementing measures for safe reopening of their economies. This panel discusses the short term implications of resumption of economic activities and expected phase out of government policies put in place during the pandemic, including the effects of defaults and bankruptcies on global financial stability. 

Moderator/Discussant: Sharon Kozicki, Advisor to the Governor of the Bank of Canada

Speakers:

  • J. Doyne Farmer, Director of Complexity Economics; Institute for New Economic Thinking, and Santa Fe Institute; and member of Rebuilding Macroeconomics Management Group
    “A Dynamic Non-equilibrium Model for how COVID Affected the Economy”
  • Jean-Philippe Bouchaud, Chairman, Capital Fund Management (CFM) and Rebuilding Macroeconomics
    “Agent Based Models for Covid Times ?”
  • Margo Thomas, Founder and CEO of Women's Economic Imperative


Tuesday 27 April 14:30-19:00 (CET)

Theme 3 - Which normality?: This panel will address the medium term economic effects of the pandemic, including possibly permanent changes in productivity and the nature of work, the role of expanded private and public debt, and the interactions between inequality and health. 

Moderator/Discussant: Claude Lavoie, Director General, Economic Studies and Policy Analysis, Finance Canada

Speakers:

  • Rick Bookstaber, Chief Risk Officer for the Office of the CIO at the University of California
    “Market Scenarios Post-pandemic”
  • Bill Janeway, Special Limited Partner, Warburg Pincus
    “What Can We Learn from the Pandemic for Responding to Climate Change?”
  • Henrietta L. Moore, Director of the Institute for Global Prosperity, UCL; and member of Rebuilding Macroeconomics Management Group

Theme 4 - The long haul: The Covid-19 crisis exposed fragilities in the health care system, social safety nets, supply chains, and transportation networks, while at the same time redefined the limits of what is possible in terms of adaptability and policy responses. This panel explores implications for long term economic and environmental sustainability, including the appropriate level of preparedness for crises, the trade-off between efficiency and resilience, and how these lessons can be used to help fight the looming climate change crisis.

Moderator/Discussant: Madeleine Chenette, Ambassador and Permanent Representative of Canada to the OECD

Speakers:

  • Gael Giraud, Research Professor & Director of the Georgetown Environmental Justice Program
    "Ecological Crisis: What We Know and What we Need to Prepare For"
  • Anat Admati, Professor of Finance and Economics, Stanford Graduate School of Business
    "Myths about the Stability and Efficiency of Global Finance"
  • Tim Jackson, Director of the Centre for the Understanding of Sustainable Prosperity

 

 

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