The German Council of Economic Experts’ Annual Report 2019; Monday 17 February 2020, 8h30-10h30

The German Council of Economic Experts’ Annual Report 2019/20
Monday 17 February 2020, 8h30-10h30

View this email in your browser

The Centre for Economic Policy Research and Goldman Sachs invite you to a discussion forum on:

The German Council of Economic Experts’ Annual Report 2019/20

Setting the Right Course for Economic Policy

by

Lars P. Feld (Albert Ludwigs University of Freiburg), Christoph M. Schmidt (Chair, GCEE, RWI Essen and CEPR), Isabel Schnabel (Johannes Gutenberg University Mainz and CEPR), Achim Truger (University of Duisburg-Essen) and Volker Wieland (Goethe University Frankfurt and CEPR)

Presenter: Wolf Heinrich Reuter, Secretary General, German Council of Economic Experts

Discussant: Soeren Radde, Executive Director and Senior Economist, Goldman Sachs

Venue and date
Goldman Sachs International
Plumtree Court, 25 Shoe Lane, London, EC4A 4AU

Monday 17 February
Registration and refreshments: 8:30 - 9:00
Presentation and Discussion: 9:00 - 10:30

THE REPORT

The prolonged economic upswing in Germany has come to an end. This reflects the global economic slowdown as well as a number of structural factors that may be slowing growth. Furthermore, there are considerable risks to future growth: an escalation of the current trade disputes in particular could be very damaging to Germany’s export-driven economy. Economic prospects are moderate, while structural change is imminent, arising especially from technological advances due to digitalisation and the need for a transition to a new climate policy. Against this background, a key objective of economic policy should be to strengthen the growth potential of the German economy. The GCEE forecasts real GDP growth of 0.5 % for the current year and 0.9 % for 2020 (0.5 % each adjusted for calendar effects).

“In order to seize the opportunities presented by structural change, Germany does not need to reinvent its economic and industrial policy, but it should develop them further,” said GCEE-Chair Christoph M. Schmidt.

The German Council of Economic Experts (GCEE) handed over its Annual Report 2019/20 to the German government on November 6 2019. Similar to previous years, the report will explain the economic situation on both the national and international level and discuss its developments. For more information about the report see the GCEE website

THE SPEAKERS

Wolf Heinrich Reuter is Secretary General of the Council since May 2018. He joined the staff of the Council as economist for macroeconomics in May 2016. Prior to this he worked as a research economist at the Austrian National Bank (OeNB) and as research assistant at the Vienna University of Economics and Business (WU Vienna) and the International Institute for Applied Systems Analysis (IIASA), as well as shorter periods for the European Central Bank and the European Commission. From 2004 to 2010 he studied Economics at the Vienna University of Economics and Business and received his doctorate (topic: “Measurement, Determinants and Effects of Fiscal Frameworks“) at the same university in 2013.

Sören Radde is an Executive Director and senior economist in the Europe Economics research team at Goldman Sachs in London with a focus on the European Central Bank (ECB) and Germany. Prior to joining Goldman Sachs in 2018, Sören worked as an economist in the Monetary Policy Strategy Division of the ECB. Sören earned a PhD in Economics from the Technische University Berlin, an MPhil in Economics from the University of Cambridge and a BA in Philosophy and Economics from the University of Bayreuth in Germany.

REGISTRATION

Spaces are limited, therefore we strongly encourage you to register as early as possible. Please register below. For further information contact Mariolina Ciccone at mciccone@cepr.org (Tel: +44 (0) 207 183 8809).

Centre for Economic Policy Research (CEPR)

The Centre for Economic Policy Research is a network of over 1300 Research Fellows and Affiliates, based primarily in European universities. The Centre coordinates the research activities of its Fellows and Affiliates and communicates the results to the public and private sectors. CEPR is an entrepreneur, developing research initiatives with the producers, consumers and sponsors of research. Established in 1983, CEPR is a European economics research organisation with uniquely wide-ranging scope and activities. The Centre is pluralist and non-partisan, bringing economic research to bear on the analysis of medium- and long-run policy questions.

cepr_org

CEPR

Vox

VoxViews

Facebook