9th BIS Annual Conference - The Future of Central Banking under Post-Crisis Mandates
24-25 June 2010, Hotel Schweizerhof, Lucerne, Switzerland
The proceedings of this conference were published in January 2011.
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 |
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| Discussants: | Gianni Toniolo (Duke University): comments and presentation slides Már Gudmundsson (Central Bank of Iceland): comments and presentation slides |
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| 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 |
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| Discussants: | Stanley Fischer (Bank of Israel): comments Randall Kroszner (University of Chicago): comments and presentation slides |
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| 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 |
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| Discussants: | Robert Keohane (Princeton University): comments and presentation slides Leszek Balcerowicz (Warsaw School of Economics): comments |
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| 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 |
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| Discussants: | Gill Marcus (South African Reserve Bank): comments Howard Davies (London School of Economics): comments and presentation slides |
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| 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 |
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| 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 |
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| 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 |
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| Discussants: | Allan Bollard (Reserve Bank of New Zealand): presentation slides Mario Monti (Universita Commerciale Luigi Bocconi) |
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| 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) |
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