9th BIS Annual Conference

24-25 June 2010, Hotel Schweizerhof, Lucerne, Switzerland

 

The Future of Central Banking under Post-Crisis Mandates

Programme

Thursday 24 June
 
13:30 Opening remarks by Stephen Cecchetti (BIS)
 
13:45 Session 1: International governance
  Chair: Henrique de Campos Meirelles (Central Bank of Brazil)
  Author:

Harold James (Princeton University)
Paper: Central Banks: Between Internationalization and Domestic Political Control

Presentation: Presentation slides

  Discussants: Gianni Toniolo (Duke University): comments and presentation slides
Már Gudmundsson (Central Bank of Iceland): comments and presentation slides
 
15:45 Session 2: The future role and mandate of central banks
  Chair: Armando M Tetangco, Jr. (Bangko Sentral ng Pilipinas)
  Author:

Charles Goodhart (London School of Economics) 
Paper: The changing roles of Central Banks
Presentation: Presentation slides

  Discussants:

Stanley Fischer (Bank of Israel): comments
Randall Kroszner (University of Chicago): comments and presentation slides


 

  Keynote lecture  

Speaker: Alexandre Lamfalussy Keynote speech
 
 
Friday 25 June
 
08:00   Session 3: Lessons from history for future central bank design
  Chair: Ms Zeti Aziz (Central Bank of Malaysia)
  Author: Barry Eichengreen (University of California) (joint work with Marc Flandreau)
Revised paper: The Federal Reserve, the Bank of England, and the Rise of the Dollar as an International Currency, 1914-1939
Presentation: Presentation slides
  Discussants:       
Robert Keohane (Princeton University): comments and presentation slides
Leszek Balcerowicz (Warsaw School of Economics): comments
 
09:50 Session 4: Lessons from political economy for future central bank design
  Chair: Christine Cumming (Federal Reserve Bank of New York)
  Author: Ross Levine (Brown University)
Revised paper: The Governance of Financial Regulation: Reform Lessons from the Recent Crisis

Presentation: Presentation slides

  Discussants: Gill Marcus (South African Reserve Bank): comments
Howard Davies (London School of Economics): comments and presentation slides
 
11:40 Session 5: Central bank finances: Policy relevant? Politically relevant?
  Chair: Zdenek Tuma (Czech National Bank)
  Author:

Peter Stella (Consultant)
Revised paper: Minimizing Monetary Policy

Presentation: Presentation slides

  Discussants: Marc Flandreau (Graduate Institute of international and Developmant Studies): comments and presentation slides
José De Gregorio (Central Bank of Chile): comments and presentation slides
 
14:30 Session 6: Are central banks special?
  Chair: Masaaki Shirakawa (Bank of Japan)
  Author:

John Vickers (All Souls College, Oxford)
Paper: Central banks and competition authorities: institutional comparisons and new concerns
Presentation: Presentation slides

  Discussants: Allan Bollard (Reserve Bank of New Zealand): presentation slides
Mario Monti (Universita Commerciale Luigi Bocconi)
 
16:45 Session 7: Panel discussion: "Do central bank governance arrangements need to be altered?" (introductory remarks)
  Chair: Jaime Caruana (BIS)
  Panellists: Mark Carney (Bank of Canada)
Andrew Crockett (JP Morgan Chase International)
Stefan Ingves (Sveriges Riksbank)
Lucas Papademos (Ex Vice President, European Central Bank)
Duvvuri Subbarao (Reserve Bank of India) Do Central Bank Governance Arrangements Need to be Altered? (revised)