_The Institute for New Economic Thinking to Hold its Second Annual Plenary Conference From April 8 to 10, 2011 in Bretton Woods, New Hampshire
The conference, “Crisis and Renewal: International Political Economy at the Crossroads,” will host over 200 leading economists, finance experts, and young scholars
Davos, Switzerland, January 26, 2011 – The Institute for New Economic Thinking (INET), an organization created to promote changes in economic theory and practice through conferences, grants and education initiatives, has announced that its second annual plenary conference, Crisis and Renewal: International Political Economy at the Crossroads, will be held from April 8 through 10, 2011 at the historic Mount Washington Hotel in Bretton Woods, New Hampshire.
***For it’s second annual plenary conference, INET has selected the venue where 730 delegates from the 44 allied nations of World War II gathered in 1944 for the United Nations Monetary and Financial Conference to discuss the reconstruction of the international economic system affected by the Great Depression and the war.
It was here that the Bretton Woods Agreements were signed, resulting in the creation of the International Monetary Fund (IMF), the General Agreement on Tariffs and Trade (GATT), and a forerunner of the World Bank. Today, as the aftershocks of our own global finance crisis continue to reverberate, we face our own challenge of reconstruction. The 1944 conference was, famously, largely an Anglo-American affair, whereas today’s reconstruction must engage the larger European Union, as well as the emerging economies of Eastern Europe, Latin America, the Middle East, Africa, and Asia.
“In the tradition of the Institute, the conference at Bretton Woods will apply experiences from the past to advise new thinking as we collaborate to rebuild our current system and advance positive changes for economics and society globally,” commented Dr. Robert Johnson, Executive Director of INET. “In the years since the 1944 conference, the globalization of production, trade, and especially finance, has transformed our economy, but without yet transforming our system of regulation or our tools of policy intervention. Indeed, our very habits of thought and speech lag behind the realities that we desperately need to think and speak about.”
_This year’s keynote speaker is Gordon Brown, former Prime Minister of the United Kingdom. Other confirmed speakers include: Mark Carney, Paul Volcker, George Soros, Adair Lord Turner, Joseph Stiglitz, and Harold James. Conference sessions will include: the emerging economic and political order; the history of Bretton Woods and what can be learned from the past; fiscal policy’s effect on output and employment; the effectiveness of monetary policy during recessions; the global market and the nation states; sovereignty and international supervision – the challenge of large complex financial institutions; economics curricula; political economy and structural adjustment; the impact of market forces on innovation, education and infrastructure; optimal currency areas and governance – the challenge of Europe; the financial structure and emerging economic system in Asia.
_ Conference at Bretton Woods INET’s next conference, “Crisis and Renewal: International Political Economy at the Crossroads,” will take place at Bretton Woods, New Hampshire from April 8th to 11th at the historic Mount Washington Hotel – the site of the 1944 conference that launched the World Bank and established a new post-war global economic architecture.
There, over 200 experts in economics and related fields will gather to discuss global reconstruction in the wake of the 2008 Financial Crisis. Notable attendees include former UK Prime Minister Gordon Brown, ex-Fed chairman Paul Volcker, and Nobel Prize Winner Joe Stiglitz.
Monday, April 11 8:00 - 11:00 AM - Closed Meeting of the Advisory Board of the Instititute for New Economic Thinking
