Sir James Alexander Mirrlees, emeritus Professor of Political…
Sir James Mirrlees1996 Nobel Laureate in Economics
Sir James Alexander Mirrlees, emeritus Professor of Political Economy at the University of Cambridge, alongside Canadian economist William Vickery, was awarded the Nobel Prize for Economics in 1996 "for their fundamental contributions to the economic theory of incentives under asymmetric information".
Born in Scotland, Prof. Mirrlees earned his M.A. in Mathematics and Natural Philosophy from the University of Edinburgh in 1957, and his Ph.D. in Economics in 1963 with thesis title Optimum planning for a dynamic economy from Trinity College, Cambridge University. From 1968-1995, he was an Economics professor at the University of Oxford, and then in 1995 returned to teach in Cambridge.
In the 1960s and 1970s, Prof. Mirrlees worked on the theory of public economic policy. He began his work with the assumption that the government should use taxes to promote a fair redistribution of goods without creating undesirable inefficiencies. His published papers focused on economic incentives in situations involving incomplete, or asymmetrical, information. As a result of this work, he was awarded the Nobel Prize with Vickery in 1996.
Prof. Mirrlees has been a frequent visiting professor at the Massachusetts Institute of Technology, Yale University, and Berkley University. He is now Distinguished Professor-at-Large and the Master of Morningside College at the Chinese University of Hong Kong.
Dr. Sam Potolicchio is currently the lecturer on…
Dr. Sam PotolicchioDirector of Global and Custom Education at Georgetown
Dr. Sam Potolicchio is currently the lecturer on American Politics at Georgetown’s Global Education Institute. He also has been appointed Distinguished Professor and Department Chair of Global Leadership Studies at the Russian Presidential Academy, the largest socioeconomic and humanities university in Europe.
He earned a BA in Psychology from Georgetown, a M.A. in Theological Studies from Harvard, and a further bachelors, a masters and a doctorate from Georgetown.
Dr Potolicchio holds relevant positions in several international programs. He is President of the Preparing Global Leaders Foundation, an international leadership training scheme based in Russia, Jordan and Macedonia, and academic director for Georgetown’s Global Visiting Student Program. He is also the official lecturer on American Federalism for the Open World Leadership program, where he speaks weekly to visiting dignitaries from the post-Soviet republics.
Dr. Potolicchio is a well-renowned figure in the academic context. He was named by the Princeton Review as one of the “Best Professors in America” in 2012, the only one chosen from his field. Furthermore, he won the K. Patricia Cross Award from the American Association of Colleges and Universities as one of the future leaders of American higher education in 2011.
Alongside his career in the academic field, he advises top political officials, business leaders, and governments in more than 20 countries including CEO’s, members of parliament, and high-ranking appointed officials in several European countries.
Dr Potolicchio also serves as the scholar-in-residence at the Landon School and as basketball coach leading his team, the Jelleff Hoyas, to 6 undefeated championship seasons.
Eyal Winter is the Silverzweig Professor of Economics…
Professor Eyal WinterSilverzweig Professor of Economics at the Hebrew University
Eyal Winter is the Silverzweig Professor of Economics at the Hebrew University specializing in behavioral economics and in Game Theory. He is a member of the Center for the Study of Rationality and headed the center for four years. He was also the chair of the economics department at the Hebrew University. Winter was awarded the Humboldt Prize for excellence in research by the German government in 2010. He is an elected council member of the International Game Theory Society, an advisory editor for Games and Economic Behavior and an elected fellow of the Economic Theory Society. Winter held senior professorship positions at Washington University and the European University Institute and at the University of Manchester. He has published more that 60 papers some which appeared in top journals such as the AER, Econometrica, APSR, RES and Psychological Science and Management Science. He was invited to present his work in more than 130 academic institutions. His book "Feeling Smart: Why our Emotions are More Rational Than We Think" appeared in Jan 2015. The book was endorsed by seven Nobel laureates and by Larry Summers. It appeared also in German and Hebrew, and will appear this year in Chinese and Japanese. His press essays appeared in Time Magazine, Forbes, Washington Post, the Guardian, the Independent, Jewish Chronicle, Haaretz and more. He has advised governments and corporations on strategic and behavioral issues.
Mrs. Gabriela Ramos is the OECD Chief of…
Gabriela RamosOECD Chief of Staff and Sherpa to the G20
Mrs. Gabriela Ramos is the OECD Chief of Staff and Sherpa to the G20.
Since 2006, she has been advising the Secretary-General, supporting his strategic plan and promoting the expansion of the organization to new members and partner countries. Recently, she contributed to the launch of major OECD initiatives related to gender issues, skills and development.
Beyond representing the OECD at the G20 Sherpa meetings, Mrs. Ramos is also responsible for the contributions of the Organization to the global agenda for the G20, the G7 and the OECD Ministerial Council Meeting.
Previously, she served as Head of the OECD Office in Mexico and Latin America, where she promoted recommendations in areas such as health and education. Moreover, her work in Mexico includes the preparation of several reports and the development of the Mexican OECD Forum, where she launched the “Getting it Right” flagship publication series.
Before joining the OECD, Mrs. Ramos occupied several positions in the Mexican Government as advisor to the Minister of Foreign Affairs and Director of OECD Affairs. Furthermore, she has been Professor of International Economy at the Universidad Iberoamericana and at the Instituto Tecnológico Autónomo de México.
Mrs Ramos holds an MA in Public Policies from Harvard University, and is a Fulbright and Ford MacArthur fellow.
Scott B. Sumner is Research Fellow at the…
Scott SumnerDIRECTOR OF MONETARY POLICY AT THE MERCATUS CENTER AND AUTHOR OF "THE MONEY ILLUSION"
Scott B. Sumner is Research Fellow at the scholarly research and educational organization „The Independent Institute“, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University, and a professor of economics at Bentley University in Waltham, Massachusetts. The most prominent topics of Sumner’s writing and research include Monetary History, Monetary Theory, and History of Economic Thought. Sumner received his PhD and MA in economics from the University of Chicago and his BA in economics from the University of Wisconsin. He is an author of the popular economics blog “The Money Illusion” started in 2009, which according to Sumner discusses the issues of the “endlessly perplexing problem of monetary policy.” It was his blog that popularized the policy idea of nominal GDP targeting – Fed’s monitoring of real GDP growth plus the rate of inflation. For his ideas Sumner is sometimes regarded as a "blogger who saved the economy".
Sumner has published papers in academic journals including the Journal of Political Economy, Economic Inquiry, and the Journal of Money, Credit and Banking. His work has also appeared in numerous media outlets, including the New York Times, Wall Street Journal, BBC, CNBC, The Economist, Financial Times, Politico, The National Interest, and The American.
In 2012, the Chronicle of Higher Education referred to Sumner as "among the most influential" economist bloggers. In the same year, Foreign Policy ranked Sumner jointly with Federal Reserve chair Ben Bernanke 15th on its list of the “top 100 global thinkers”.
Michael Møller is a Danish diplomat and the…
Michael MøllerDirector-General United Nations Office at Geneva
Michael Møller is a Danish diplomat and the current Director-General of the United Nations Office at Geneva. Mr. Møller has over 35 years of experience as an international civil servant in the United Nations.
He began his career in 1979 with the Office of the United Nations High Commissioner for Refugees (UNHCR), where he served until 1984 in various positions as Programme Officer, Legal Officer, Assistant to the Director of the Division of International Protection, and Assistant Regional Representative. He worked with UNHCR in different capacities in New York, Iran, Mexico, Haiti and Geneva.
After leaving UNHCR, Mr. Møller has served in a number of senior advisory positions in the United Nations Secretariat. Between 1997 and 2001 he was the Head of the Office of the Under-Secretary-General for Political Affairs at United Nations headquarters in New York. Between 2001 and 2006 he was the Director for Political, Peacekeeping and Humanitarian Affairs in the Office of the Secretary-General, while serving concurrently as Deputy Chief of Staff for the last two years of that period. Mr. Møller also served as the Secretary-General’s Special Representative for Cyprus from 2006 to 2008 and was the Executive Director of the Kofi Annan Foundation from 2008 to 2011.
Born in 1952 in Copenhagen, Mr. Møller completed a Master’s course in International Relations at Johns Hopkins University and a Bachelor’s degree in International Relations from the University of Sussex, United Kingdom.
Dr. Enrico Letta is the Dean of the…
Dr. Enrico LettaFormer Prime Minister of Italy
Dr. Enrico Letta is the Dean of the Paris School of International Affairs (PSIA) at Sciences Po in Paris and the founder of the Scuola di Politiche in Italy.
He was born in Pisa (Tuscany) in 1966, but he spent his childhood in Strasbourg. He graduated with a degree in International Law at the University of Pisa and obtained a PhD in European Union Law at the School for Advanced Studies “Sant’Anna” of Pisa. His whole career and thought have been shaped by a strong commitment to Europe.
Dr. Letta was the Prime Minister of Italy from April 2013 to February 2014.
Before that, he was appointed to several political offices that include Minister for EU Affairs from 1998 to 1999, Minister for Industry, Commerce and Crafts in 2000, Minister for Industry, Commerce and Crafts and Foreign Trade from 2000 to 2001 and Undersecretary of State to the Prime Minister of Romano Prodi’s government from 2006 to 2008. Moreover, he has been a member of both Italian and European Parliaments, respectively from 2001 to 2015 and from 2004 to 2006.
Alongside the public political career, he has held the positions of President of the Italy-Spain Dialogue Forum and of Vice Chairman of Aspen Institute Italia. In addition to this, he is member of Arel and the Trilateral Commission.
He is the author of different books on international and economic affairs, with particular reference to EU, the most recent being: Andare insieme, andare lontano (2015), L’Europa è finita (co-author with L. Caracciolo, 2010) and Costruire una Cattedrale (2009).
Dr. Letta is also an avid NBA fan and a Milan AC supporter.
Jean-François Copé is a French politician and former…
Jean-François CopéFormer Minister of the Budget for the French Government
Jean-François Copé is a French politician and former president of the current main opposition party Les Républicains. He is currently mayor of Meaux and a member of parliament at the French National Assembly.
Following his studies at Science Po Paris and the École nationale d'administration, he spent two years working as a high-ranking civil servant before entering the private sector as Chief of Staff to the President of Dexia. He held various academic positions, including teaching local economics and finance at Science Po as well as at Paris 8 University where he was associate professor from 1998 to 2000.
Copé’s first major political role was in 2002, when he became the government’s official spokesman. He was then promoted to Minister of the Budget in 2004, which he carried out until 2007. He thereafter did not occupy any governmental functions, focusing instead on various electoral mandates, including mayor of Meaux, where he was elected four times and currently serves. He was also elected as a member of parliament in two different districts over the course of his career. From 2007 to 2010 he presided the then UMP political party at the National Assembly, before becoming Secretary General of the party in 2010.
It is following the 2012 French presidential election and the void left by Nicolas Sarkozy at the top of the party that Jean-François Copé was elected president of the UMP, a position he kept until 2014 before returning to fulfill his local mandate in Meaux.
Felix Martin, a British writer and economist, is…
Felix MartinMacroeconomist and Fund Manager
Felix Martin, a British writer and economist, is the author of Money: The unauthorized Biography, for which he was a finalist for the 2013 Guardian First Book Award and the 2014 German Economic Book Prize. Martin, born in Oxford in 1974, was educated in the UK, Italy, and the US, and obtained degrees in classics, international relations, and economics. From 1998 until 2008 Martin worked at the World Bank, mostly on the reconstruction of the former Yugoslavia, and helped establish the European Stability Initiative think tank. In 2008 he moved to the fund management industry in London, where he has worked since as an economist and fund manager. He is currently a partner at Liontrust Asset Management plc.
In his book, he demonstrates that the conventional understanding of money is wrong, and aims to offer an explanation of what money really is, delivering a radical explanation that included radical implications for economics, and the future of capitalism. It has been published in fifteen countries and ten languages, was a Financial Times Economics Book of the Year 2013, and was called “compulsively readable” by the New York Times.
Mr. Heath started his career with strategy consulting…
Mr. Andrew HeathCo-Founder of AlphaSights
Mr. Heath started his career with strategy consulting firm The Boston Consulting Group (BCG). His MBA experience at Stanford Business School and internship at Goldman Sachs confirmed to him that he was an entrepreneur at heart and, in 1999, he founded GoIndustry - the world's largest industrial asset valuation and sales provider. In 7 years, he built a 300-employee business with a global footprint spanning over 20 countries by the time of admission to the London Stock Exchange (AIM) in 2006. In 2009, Mr. Heath co-founded AlphaSights, now a world leader in knowledge search with offices in San Francisco, New York, London, Dubai, Hong Kong, Seoul and Shanghai. AlphaSights is still one of the world's fastest growing firms, with listings on the Sunday Times Fast Track 100 and Crain's Fast 50. Mr.Heath holds a BSc Economics from Jesus College, Cambridge ('92).
Having been based at Warwick since 2007, Daniel…
Daniel SgroiAssociate Professor of Economics & CAGE Theme Leader
Having been based at Warwick since 2007, Daniel Sgroi is currently Associate Professor of Economics, Leader of Theme 3 (“wellbeing and behaviour”) of the University of Warwick’s ESRC-funded CAGE centre, a Senior Researcher at the Warwick Policy Lab and Fellow of the Centre for Economic Theory and Applications at Warwick. He was previously Leverhulme Assistant Professor of Industrial Organization at Warwick.
Before coming to Warwick he was AEA Technology Junior Research Fellow at Churchill College, Cambridge (2000-2), Research Associate and then Senior Research Associate at the Faculty of Economics, University of Cambridge (2002-7) and Fellow and Director of Studies in Economics at Churchill College, Cambridge (2002-7). He took his MPhil and DPhil at Nuffield College, Oxford (1996-2001) and his BA at Fitzwilliam College, Cambridge (1992-95). Between undergraduate and graduate studies he was an Economic Consultant at OXERA (1995-6).
His research interests include experimental and behavioural economics, economic theory (especially game theory) and applications to labour economics, industrial organization, finance and "happiness economics". Most recently he has been working on how to measure historical happiness using Google books, and the relationship between happiness and productivity.
Dr. Thiemo Fetzer is an Assistant Professor in…
Dr. Thiemo FetzerAssistant Professor, Department of Economics, University of Warwick
Dr. Thiemo Fetzer is an Assistant Professor in Economics at the University of Warwick, specializing in Development, Energy, and Resource Economics. He has published a variety of papers on topics as broad as microcredit, social insurance, the socio-economic effects of unplanned fertility and various other areas.
Dr. Fetzer is also affiliated with the Centre for Competitive Advantage in the Global Economy (CAGE) at the University of Warwick and the Spatial Economics Research Centre (SERC) at London School of Economics, where he obtained a master in Economics as well as his PhD based on his thesis “Of naxalites, pirates and microfinance borrowers: three essays in applied microeconomics”. He then became a Teaching fellow and assistant at LSE.
Prior to becoming an academic, Dr. Fetzer held various other positions, mostly in international bodies. He was a visiting scholar at the research department of the IMF and currently carries out consultancy services for the World Bank, Financial Times and Brookings Institution.
Professor Nicholas F. R. Crafts is Professor of…
Professor Nicholas CraftsDirector of the Centre for Competitive Advantage in the Global Economy
Professor Nicholas F. R. Crafts is Professor of Economic History at the University of Warwick and Director of the ESRC Research Centre, with focus on Competitive Advantage in the Global Economy.
Professor Crafts has always been actively involved in academia, both in teaching and research fields. Before his return to Warwick University, where he was previously appointed lecturer from 1972 to 1977, he had been professor in other highly regarded academic institutions amongst which are London School of Economics and Political Sciences (1995-2005), the University of Leeds (1987-1988) and Stanford University (1982-1983).
Besides academic teaching, Professor Crafts has produced a substantial body of papers for academic journals, the British government and international institutions, such as the International Monetary Fund. His main topics of interest are the European economic growth over the last 200 years, the Industrial Revolution and international income distribution, with specific analysis of the Human Development Index.
Furthermore, he was appointed Commander of the Order of the British Empire in 2014, an illustrious reward for contributions in the Arts, Sciences and work with welfare organizations and extra civil public services.
With regards to his education, Professor Crafts holds a First Class Honours Degree in Economics from Trinity College, Cambridge University.
Mark Littlewood is the Director General of the…
Mark LittlewoodDirector General of the Institute of Economic Affairs
Mark Littlewood is the Director General of the Institute of Economic Affairs (IEA) and the IEA’s Ralph Harris Fellow.
Littlewood served as the Director of Liberal Vision from 2008 to 2009, a classical liberal group within the Liberal Democrats before taking up his current position at the Institute of Economic Affairs in December 2009. He was head of media for the Liberal Democrats from December 2004 to May 2007.
In 2007, Littlewood co-founded Progressive Vision , 'a classical liberal think tank' and was its Communications Director until November 2009. Previously, he was campaigns director of human rights group Liberty from 2001 until 2004. In 2004, he became a co-founder, and first national coordinator of NO2ID, Britain's leading pressure group opposing the introduction of national identity cards. He has been chairman of NO2ID since 2006
In 2014, Littlewood was ranked 38th on The Times’ ‘Right-wing Power List’, and in 2011 was named ‘Liberal Voice of the Year’ by the Liberal Democrat Voice. He frequently comments on political and economic issues on television and radio including BBC Question Time, Any Questions, Newsnight, Channel 4 News, Sky News, Radio 4's Today Programme and LBC.
Littlewood was educated at Balliol College, Oxford where he studied Philosophy, Politics, and Economics.
Mr. Ollie Purdue is CEO & Founder of…
Mr. Ollie PurdueFounder and CEO of Loot
Mr. Ollie Purdue is CEO & Founder of Loot, a highly promising start-up that is pioneering alternative banking services for the next generation of students. Having first thought of the idea for Loot while studying Law at the University of West England (UWE), Mr Purdue originally set out with little more than a sales pitch after graduating in 2014. Taking this idea to a "pre-accelerator" called Fast Forward in London, he developed an effective business strategy for Loot as well as an App prototype, with which he raised £300,000 from 8 separate city backers as an initial investment. In 2015 Loot became a member of Level39, the largest Fintech accelerator in Europe, launched their first product in September and has now secured partnerships with several top universities in the UK. Loot is currently nominated for “FinTech Startup of the Year”, at the Fintech Innovation Awards 2016, and is due to launch their first current account early this year.
Mr. Purdue’s innovative and rapidly growing business, his young age as well as his extensive knowledge of finance technology have made him sought after at conferences and summits around the world. In his presentations, Ollie analyses the future of payments and particularly the issues affecting today’s students as well as the unbanked and emerging markets. He also focuses on the issues of privacy and the use of personal data.
'Europe in Crisis''
Jan Vincent-RostowskiFormer Finance Minister of Poland
'Europe in Crisis''Year:
Jan Vincent-Rostowski is an economist, academic and politician with over 30 years of experience within economics. Most recently, he served as Poland’s Minister of Finance and Deputy Prime Minister, where he received numerous accolades, including being named as Europe’s best Finance Minister in 2009 by The Banker magazine.
After completing his studies at University College London and the London School of Economics, Rostowski worked in academia whilst being active in the Polish Solidarity campaign. Upon the fall of the USSR, he served as an advisor to then Polish Finance Minister Leszek Balcerowicz during the period of great economic transformation when Poland moved from a centrally planned to a free market economy.
Throughout the 1990’s and into the 21st century, Rostowski served as Professor of Economics and then Head of the Economics Department at Central European University; as Chairman of the Macro-Economic Policy Committee at the Polish Ministry of Finance and as an economic advisor to the Russian Federation, the National Bank of Poland and Bank Pekao SA.
He was named as Polish Minister of Finance in 2007, just before the start of the Eurozone crisis. During Rostowski’s tenure, Poland was the only EU country to avoid a recession and saw its borrowing costs driven to record lows. His tenure at the Finance Ministry also saw him appointed as Deputy Prime Minister and led to him being ranked within the top three in the Financial Times’ rankings of EU Finance Ministers in 2010, 2011 and 2012.
Rostowski's academic publications include Banking Reform in Central Europe and the former Soviet Union (1995), Macroeconomic Instability in Post Communist Countries (1998) and The Eastern Enlargement of the Eurozone (2010). He is married with two children and fluent in Polish, English, French, Russian and German.
'Macro-prudential policies and the growing size of shadow banking''
Vitor ConstancioVice President of the European Central Bank
'Macro-prudential policies and the growing size of shadow banking''Year:
Vítor Constâncio is a prominent economist, central banker and politician with decades of experience, who currently serves as Vice President of the European Central Bank.
Constâncio graduated in 1965 with a degree in Economics from the Technical University of Lisbon, before going on to serve as an Assistant Professor of Economics at the same university before later pursuing further postgraduate study at the University of Bristol.
During the 1970s, Constâncio went into politics, where he served in numerous posts in the Portuguese government; including Secretary of State for Planning, Head of Research and later Deputy Governor at the Central Bank of Portugal and serving as Portuguese Finance Minister. Constâncio's political career did not end there, as he later went on to serve as a Member of Parliament and Secretary General of the Socialist Party, whilst simultaneously also serving a first term as Governor of the Central Bank of Portugal.
Since that time, his career in economics continued, in both academic and banking policy, culminating in a second term as Governor of the Central Bank of Portugal, where he remained for ten years until his appointment as Vice President of the European Central Bank. During his time as the Governor in Portugal, he advocated salary stagnation or increases below inflation as his signature policy to increase economic competitiveness.
In his current posting at the ECB, Constâncio has a eight year mandate, with particular responsibility given to banking supervision. Due to this, Constâncio is an incredibly prominent figure in European politics & finance, and thus we are delighted to welcome him to WES 2015.
'The need to study real world economics''
Raoul PalHedge Fund Manager & Entrepreneur
'The need to study real world economics''Year:
Raoul Pal is a hedge fund manager and entrepreneur who has nearly 25 years experience of investment & hedge fund management, having worked in a wide range of roles over his career. Currently, Raoul is working on launching Real Vision Television, the world's first on demand web TV channel for finance, as the latest in his line of investment and entrepreneurial endeavours.
In addition to being the co-founder of Real Vision Television, he is also the founder of The Global Macro Investor, an elite macro economic and investment strategy research service for the world's leading hedge funds. In addition to his businesses, Raoul also serves as an adviser to several government organisations and family investment offices globally. His career began after graduating from the University of Plymouth with an honours degree in Economics and Law. He went on to work for investment banks such as Goldman Sachs, where he co-managed the hedge fund sales business in equities and equity derivatives, before going on to found a hedge fund for GLG Partners, one of the world's largest hedge fund firms.
Raoul has also enjoyed a prominent presence in the media, having been the author of "The End Game", which is the most read financial article in the history of the internet, along with being a consultant for the successful BBC television series "Million Dollar Traders". On this show, Raoul undertook the financial market and investment training of the contestants. He currently lives in the Cayman Islands and travels frequently to manage his extensive entrepreneurial, financial & media portfolio.
"Wealth and Well-Being"
Sir Partha DasguptaProfessor Emeritus of Economics at the University of Cambridge
"Wealth and Well-Being"Year:
Sir Partha Dasgupta, a renowned development economist with a special interest in the fields of economics of poverty and nutrition, environmental and resource economics and economics of population. Dasgupta, born in Dhaka, boasts two bachelor degrees: one in Physics from the University of Delhi and the other in Mathematics from the University of Cambridge and later obtained a Ph.D. in Economics from the University of Cambridge. From 1971 until 1984 Dasgupta taught at LSE, Cambridge University and Stanford and is now a Fellow at St. John’s College at the University of Cambridge and the Professional Research Fellow at the Sustainable Consumption Institute, University of Manchester.
In 1996 he helped establish the Journal of Environment and Development Economics published by Cambridge University Press. The aim of the journal is not only to publish relevant research in the field, but to give an opportunity to scholars in less developed countries to publish their findings in an international journal. Since 1999, Dasgupta has been a Founder Member of the Management and Advisory Committee of the South Asian Network for Development and Environmental Economics (SANDEE) and in 2009 Her Majesty Queen Elizabeth II awarded him the title of ‘Knight Bachelor’ in her birthday honor list ‘for services to Economics’.
Dasgupta’s research is unique in bringing together natural resources, demography and welfare of nations in his studies. In his view, it is vital to combine other disciplines with economic concepts, for example, when studying the poverty in the Third World Dasgupta closely engages with anthropologists and ecologists. According to him, the greatest challenge in economics today is appreciating that natural constraints cannot be eliminated through education and research and it is important to understand the isolation of externalities and human activities from the market system.
“21st Century Trade Policy and International Economic Cooperation”
Chad BownLead Economist at the World Bank
“21st Century Trade Policy and International Economic Cooperation”Year:
Chad Bown is a Lead Economist at the World Bank, a celebrated academic and published author, with research interests including the political economy of international trade laws and institutions. His current post at the World Bank in Washington, DC, involves conducting research and advising governments on international trade policy as part of the Trade and International Integration team. He also holds a post as a research fellow at the Centre for Economic Policy Research in London.
After receiving his B.A. in Economics and International Relations from Bucknell University, Mr Bown went on to complete his Ph.D. in Economics at the University of Wisconsin-Madison. Beginning his academic career at Brandeis University, he remained on the faculty for twelve years, becoming a tenured Professor of Economics working in both the Department of Economics and the International Business School. Mr Bown served as Senior Economist for International Trade and Investment in the White House on Obama’s Council of Economic Advisors, and spent a year in residence as a visiting scholar in Economic research at the World Trade Organisation Secretariat (WTO) in Geneva. His trade policy initiatives during 2008-2010 were featured in the Financial Times and The Wall Street Journal.
Bown serves on the editorial boards of various journals, including the Journal of International Economics, the World Trade Review and Economics & Politics, amongst others. He has had his academic work published on numerous occasions, including in The American Economic Review, and is the author of the book Self Enforcing Trade: Developing Countries and WTO Dispute Settlement. Bown also co-edited, with Joost Pauwelyn, The Law, Economics, and Politics Retaliation in WTO Dispute Settlement. His most recent publication is an edited volume on the global economic crisis entitled, The Great Recession and Import Protection: The Role of Temporary Trade Barriers.
“The Politics of the Euro Area Crisis”
Athanasios OrphanidesFormer Governor of Cyprus Central Bank
“The Politics of the Euro Area Crisis”Year:
Athanasios Orphanides, a Cypriot economist, served as Governor of the Central Bank of Cyprus for 5 years and is currently Professor of the Practice of Global Economics and Management at the MIT Sloan School of Management as well as a Research Fellow of the Centre for Economic Policy Research.
Orphanides undertook his undergraduate degrees in mathematics and economics at the Massachusetts Institute of Technology (MIT) and then went on to gain his PhD in economics in 1990 there. As a key commentator for the economic situation in Cyprus, Orphanides was additionally an active contributor in the recent Euro crisis debate.
During 2008 to 2012 Orphanides was a member of the Governing Council of the European Central Bank (ECB) and prior to this, he was highly involved with the Federal Reserve System in the USA, where he taught courses in Macroeconomics at both Georgetown and John Hopkins University.
Orphanides’ research about the role of central banks and monetary policy have been featured in many notable publications including those from the Institute for Monetary and Financial Stabilityand the Centre of Economic Policy Research. A central focus of his work is using data available in real time in order to formulate monetary policy, rather than relying on the more frequently-used yet unreliable measures such as the ‘output gap’.
'The Good Country Index''
Simon AnholtFounder of the Good Country Index
'The Good Country Index''Year:
Simon Anholt is an independent policy advisor who works with various heads of state, heads of government and administrations worldwide to develop and implement strategies for enhanced economic, political and cultural engagement with other countries. The strategies are typically in the areas of things like economic competitiveness, public diplomacy, cultural policy and cultural relations, national identity and reputation, educational policy, regional integration, export promotion, tourism, foreign direct investment, and many more.
Anholt has a Masters Degree from the University of Oxford and is a Parliamentarian of the European Cultural Parliament. He was awarded the Nobels Colloquia Prize for Economics in Trieste in 2009 and the Prix d'Excellence du Forum Multiculturel pour un Développement Durable (Award for Excellence in Sustainable Development), at the 7th Multicultural Forum at the Palais de la Découverte, Paris, in 2010. He is also a member of the organising committee of the Anglo-Dutch Apeldoorn Conference and was appointed an Honorary Professor in Political Science by the University of East Anglia in 2013.
Further to this, Simon is the author of the best-selling book, Another One Bites The Grass, and Editor of the quarterly journal,Place Branding and Public Diplomacy. His book on the role of brands in economic development, Brand New Justice, was first published in 2003. He is a co-author of Beyond Branding (Kogan Page 2003), Brands and Branding (The Economist 2003), Heritage and Identity – Shaping the Nations of the North (Donhead 2002) and Destination Marketing (Butterworth Heinemann 2001/2003/2009). His more recent books are Brand America, (Cyan Books 2004 and 2009); Competitive Identity: the New Brand Management for Nations, Cities and Regions, (Palgrave Macmillan 2007); and Places: Image, Identity and Reputation (Palgrave Macmillan 2010).
Furthermore, Anholt has been called the ‘founder’ of the Nation Branding and Place Branding terms, concepts and field of study and practice. He is also the founder of Good Country and the Good Country Index (which measures how much each of 125 countries on the list contribute to the planet ands to the human race through their policies and behaviours) launched in his TEDtalk in June 2014. Anholt is also the founder and publisher of the global annual research studies: Anholt-GfK Roper Nation Brands Index, Anholt-GfK Roper City Brands Index, and Anholt-GfK Roper State Brands Index. Three major surveys which use a panel of around 30,000 people in 25 countries to monitor global perceptions of 50 countries, 50 cities, and the 52 States of the Union.
“Will central banks ever raise rates again?”
George BuckleyChief UK Economist at Deutsche Bank
“Will central banks ever raise rates again?”Year:
George Buckley is one of the leading UK economists in the world. He is the Chief Economist at Deutsche Bank UK since 2005 and is highly involved with writing articles for weekly publications, such as the Economist, participating in the radio and TV programs and writing for the national financial press.
He was born in Lancashire and moved to Bangor to complete his bachelor’s degree in Economics. He graduated from the Bangor University in 1993 and went to Bristol University to study MSc in Economics and Finance. His academic achievements allowed him to obtain a scholarship in to study PhD in Economics of the Housing Market. In 1998 Buckley joined Deutsche Bank as an Economist and has since been promoted to the Chief UK Economist position, a job which involves creating economic forecasts and supporting the trading desks at Deutsche Bank.
He says that the current economic climate is a dramatic change from the age of ‘great moderation’ classified by strong economic growth and steady inflation. Having started his career at a time of economic stability, Buckley is says that the current situation poses a challenge for the economists; however, this is an exciting period of time for the economic research.
"China outbound investment: opportunities, pitfalls and illusions"
Alberto ForchielliFounder of Mandarin Capital
"China outbound investment: opportunities, pitfalls and illusions"Year:
Alberto Forchielli is the Managing Director of Mandarin Capital Partners, with over 30 years experience in international business development and fund management, having worked all across the world but with a focus upon Asia.
Forchielli graduated with honours in Economics from the University of Bologna in 1978, and then went on to achieve an MBA at Harvard Business School three years later. He started his career at MAC Group, working as a Consultant and Managing Partner for over a decade in numerous destinations, including: Boston, London, Santiago and Lima. He was then appointed to Senior Management and initiated MACs Italian branch of which he became CEO.
In the early 1990s Alberto Forchielli worked for IRI Group as General Secretary for Privatisations, and supervised twenty divestments of state-owned enterprises for a total value of around 10 billion USD. He then lived in Singapore for a number of years, working as President of the Asia-Pacific branch of Finmeccanica S.p.A. For three years he then worked for the World Bank in Washington DC, where he started as Senior Adviser in the Private Sector Development Department. He was then seconded to the European Investment Bank where he was in charge of the Balkans area.
In the early 2000s he founded Sourcing Solutions Ltd and subsequently “Osservatorio Asia” a non-profit research centre focused on Asia. Furthermore, Forchielli is one of the founding partners of Mandarin Capital Partners, a private equity fund linking mid-market European businesses with Chinese Partners. The fund supports its portfolio companies in the execution of their buy-and-build strategies, organic growth initiatives and operating improvements. Forchielli also currently sits in the Corporate Advisory Board of the China Europe International Business School, one of the world’s top 30 business schools.
Currently, he serves as the Founder, Partner, Managing Director, Investment Committee Member and Board Member of Mandarin Capital Partners, which he founded in 2006. He is also the Founder and President of Osservatorio Asia, a non-profit research center focusing on Asia along with being Founder and President of Cleantech srl, a renewable energy company mainly focused on developing and managing utility-grade solar energy projects. He is also Director of the Executive Council of CEIBS (China Europe International Business School) in Shanghai. Forchielli also has a consistent media presence as he publishes a weekly release: ‘Notebook from Shanghai’ on Radiocor Il Sole 24 Ore, the largest Italian Financial Press Agency. He also holds weekly interviews on China economy on Radio 24 - Il Sole 24 Ore and he publishes his own Blog on Caixin Media website in China.
"A Challenging New World"
Zhu MinDeputy Managing Director of the IMF
"A Challenging New World"Year:
Zhu Min is an economist and official who currently serves as Deputy Managing Director of the International Monetary Fund, having been appointed to the post when Christine Lagarde became Managing Director in 2011. Throughout his career, Zhu Min has held a variety of posts in banking and policy, giving him over 25 years experience in these fields.
Zhu was born in Shanghai and graduated from Fudan University in 1982 with a bachelors in Economics. This was swiftly followed by a Masters of Public Administration from Princeton and then both an MA and PhD in Economics from John Hopkins University. During his career, Zhu would later return to teach Economics at both Fudan and John Hopkins, becoming a well regarded teacher at both. His first job was as a consultant economist at the World Bank between 1990 and 1996 before moving on to work as the Chief Technical Advisor for China's Agenda 21 at the UN Development Program.
After his postings at the World Bank and UNDP, Zhu began a long and distinguished career with the Bank of China (Hong Kong), beginning as Head of the Project Office before proceeding to serve as the General Manager for the Restructuring and Listing Office, Executive Assistant President and finally as Deputy Governor. Following his time at the Bank of China (Hong Kong), Zhu moved to become the inaugural Special Advisor to the Managing Director of the IMF and became Deputy Managing Director the following year.
"Socio-economic differences in higher education access and outcomes"
Dr Claire CrawfordAssistant Professor of Economics at University of Warwick
"Socio-economic differences in higher education access and outcomes"Year:
Dr Claire Crawford is current an Assistant Professor of Economics at the University of Warwick as well as being a Research Fellow at the Institute for Fiscal Studies. Dr Crawford’s primary research interests are in the economics of education and labour economics, having done extensive research on these areas throughout her academic career and time at the Institute for Fiscal Studies.
Dr Crawford was educated at Lancaster University, where she received a first class honours in Economics in 2003, before moving onto University College London to study for an MSc in Economics. She graduated from there in 2004 and began her career with the Institute for Fiscal Studies. Initially, she was a Research Economist before being promoted to Senior Research Economist in 2007. Furthermore, Crawford then was appointed as Programme Director of the Skills section at the IFS in 2010, serving until the end of 2013 when she became a Research Fellow upon accepting a post as Assistant Professor of Economics in the Warwick Economics Department, commencing at the start of 2014, where she teaches on research in applied economics and microeconometrics. Dr Crawford also continues to serve as the Managing Editor of Fiscal Studies, a major publication paper within the Institute.
Throughout her academic career, Dr Crawford’s primary research interests have been the economics of education. She gained her PhD in 2012 from the University of London in this field, and has been researching the topic both before and after her postgraduate studies. Specifically, she focuses upon determinants of educational attainment and HE participation, relating to socio-economic status, aspiration, parental marital status and societal expectations. Dr Crawford’s research is related to how education can be used to improve the lives of children from disadvantaged backgrounds. She has worked with the Department of Education working on evaluating a number of education programmes and is a leading figure in the field of education reform and closing the attainment gap.
"Growth but no cigar: Britain's joyless recovery"
Henry CurrBritain Economics Correspondent at The Economist
"Growth but no cigar: Britain's joyless recovery"Year:
Henry Curr is a journalist who is currently Britain Economics Correspondent for The Economist newspaper. In addition to his career as a journalist, he has also worked in economics consulting and investment banking. Through his role at The Economist, he is a prominent presence in the British financial press.
Curr was educated at Oxford, reading Philosophy, Politics and Economics at Magdalen College from 2008 to 2011, where he received a first class honours upon graduation. During his undergraduate studies, he received numerous academic plaudits including the Peter Davies Prize for Philosophy and the Weldon-Burchardt Prize for PPE in 2010 and the John Hicks Foundation Prize in 2011. Curr also was in the top 10 out of over 200 PPE students at Oxford following his final year examinations, leading to further honour from the University. Curr then went on to study an M.Phil in Economics, at Nuffield College, Oxford between 2011 and 2013, graduating with distinction.
During his time as a postgraduate, Curr also worked at Goldman Sachs in the field of European Economics Research, where he focused upon analysing the reduction in cross border lending between various banks in the aftermath of the European debt crisis. After leaving Oxford, Curr worked as a consultant and analyst at Frontier Economics, where he advised companies on a wide range of economic issues between 2013 and 2014. In September 2014, he joined The Economist as Britain Economics Correspondent. At The Economist, he writes for both the print edition and their Free Exchange blog on issues related to British macroeconomics, microeconomics and finance issues, where he has become a leading commentator in the British media.
Dermot Nolan is an economist & executive who…
Dermot NolanChief Executive Of Ofgem
Dermot Nolan is an economist & executive who currently serves as the Chief Executive Officer of Ofgem, the UK energy market regulator. In a challenging time for the energy industry, Nolan is one of the UK’s most prominent CEOs in the field, and his aims are to promote an energy market that is more competitive and works better for consumers.
After graduating with a degree from Trinity College, Dublin, Nolan went on to complete both his Masters and Doctorate degrees in Economics at Yale University. Before joining Ofgem in March 2014, Mr Nolan was the chairman of Ireland’s Commission for Energy Regulation (CER), which is responsible for energy and energy safety regulation, and works closely with its Northern Irish equivalent in the joint regulation of the Single Energy Market.
Before becoming Chair in May 2011, Nolan was a Commissioner for the CER, a position he had held since 2008. Prior to this Nolan was a Senior Economic Advisor and then Director of the Retail Division at the CER. Nolan worked on competition matters in professional serves and was also Manager of the Mergers Division for the Irish Competition Authority. As an academic, Nolan lectured at the University of London, specialising in areas of market structures and firm performance.
Since assuming post at Ofgem, his recent changes include announcing a full competition investigation, price controls for network operators, and enhanced consumer engagement. As a trained economist, Nolan has extensive experience in leadership, energy regulation, market competition and the protection of consumers’ interests.
Measuring economic and social progress: how, what, why?
Diane CoyleEconomist and Journalist
Measuring economic and social progress: how, what, why?Year:
Diane Coyle, OBE, has worked as an economist and journalist for the duration of her professional career. After completing her PhD in Economics from Harvard University, Coyle swiftly went on to take the position of Senior Economic Consultant at HM Treasury, where she was responsible for economic analysis and research on monetary and financial issues.
As economics editor for The Independent for eight years, she won the Wincott Award for Senior Financial Journalist of the Year (2000), before leaving in 2001 to set up her own consultancy firm, specialising in the economics of new technologies and globalisation, as well as competition analysis.
She is Vice-Chair of the BBC Trust and was a member of the Migration Advisory Committee (2007-2012), a member of the Competition Commission (2001-2009), and a member of the stakeholder advisory panel of EDF Energy.
Her many publications include The Weightless World (Capstone, 1997,) and Sex, Drugs and Economics, (Texere, 2002). Her latest book is The Economics of Enough, (Princeton University Press, 2011).
What Makes a Great Political Leader
Prof Sam PotolicchioProfessor at Georgetown University
What Makes a Great Political LeaderYear:
Sam Potolicchio is the Distinguished Professor and Chair in Global Leadership Studies at the Russian Presidential Academy. He teaches at Georgetown University and is the Senior Lecturer for the Lugar Academy of the University of Indianapolis. He is also the founder, president and academic director of the Preparing Global Leaders, with campuses in Moscow, Amman, Struga and Skopje.
An adviser of top political officials, business leaders, and governments in more than 20 countries including CEO's and members of parliament, Potolicchio is a well-respected voice on current economic affairs. This is demonstrated further by the fact that he was named by the Princeton Review as one of the “Best Professors in America” in 2012, the only one chosen from his field.
He is the official lecturer on American Federalism for the Open World Leadership program at the Library of Congress, where he speaks weekly to visiting dignitaries from the post-Soviet republics.
Potolicchio has also taught students during his summers from almost 140 different countries. He is currently the lecturer on American Politics at Georgetown’s Global Education Institute where he lectures to high-level government officials and businessmen from China and Japan.
His full biography can be read at http://scs.georgetown.edu/departments/19/semester-in-washington/faculty-bio.cfm?fId=136737
The new global economic order and why we should be positive
Dr Gerard LyonsChief Economic Advisor to the Mayor of London
The new global economic order and why we should be positiveYear:
Dr Gerard Lyons is Chief Economic Advisor to Boris Johnson, the Mayor of London, a role he took up in January 2013.
His first book 'The Consolations of Economics' will be released by Faber & Faber in June 2014. Previously he spent 25 years in senior roles in The City, at Chase Manhattan, Swiss Bank, DKB and most recently at Standard Chartered where he was Chief Economist, Board Advisor and Head of Global Research. He has a great forecasting record: top global forecaster (out of over 350) in 2010 & 2011; one of only two UK forecasters predicting a deep recession ahead of the financial crisis.
Lyons has testified to the US Senate & Congress, UK Parliamentary Committees & spoken at the EU-China Summit in Beijing. He has a MA from Warwick and was also a member of The University Council for six years. Twitter: @DrGerardLyons
Five steps to Free Market Britain
Mark LittlewoodDirector General of the Institute of Economic Affairs
Five steps to Free Market BritainYear:
Mark Littlewood has been Director General of the Institute of Economic Affairs (IEA), a free market think tank in London, since 2009.
After graduating from Balliol College, Oxford, with a degree in Politics, Philosophy and Economics, Littlewood came to the public eye as the Campaigns Director for Liberty, a human rights advocacy group. He has since held positions as the Head of Media for the Liberal Democrat party and as the director of Liberal Vision.
Littlewood is active in the British press in campaigns to reduce tax and limit government control. Not shy to express controversial views, Littlewood and the IEA have recently been involved in discussions surrounding socialist healthcare and Britain’s membership within the EU.
Divided Nations: Why Global Governance is failing and what we can do about it
Prof Ian GoldinFormer Vice President of the World Bank
Divided Nations: Why Global Governance is failing and what we can do about itYear:
Ian Goldin is now Professor of Globalisation and Development at Oxford University, having previously held the position of Vice President of the World Bank (2003-2006) and, prior to that, the Bank's Director of Development Policy (2001-2003).
From 1996 to 2001 Goldin was Chief Executive and Managing Director of the Development Bank of Southern Africa (DBSA) and at that time also served as an adviser to President Nelson Mandela. He succeeded in transforming the Bank from an apartheid era institution to become the leading agent of development in the 14 countries of Southern Africa.
Ian Goldin has spoken at the prestigious event TED-Ed and gave an inspirational talk warning of the inequality that globalization and development can bring. Goldin argues that if we realise this danger exists, then there is great potential for improvement in living standards.
Bringing microeconomics to life in the commercial world: lessons from experience
Simon GaysfordDirector at Frontier Economics
Bringing microeconomics to life in the commercial world: lessons from experienceYear:
Simon Gaysford is a director at Europe’s leading economic consultancy, Frontier Economics. He has over 20 years of experience in advising clients on commercial and regulatory issues, with most of his work relating to competition, customer insight and behavioural economics.
He was previously Group Chief Executive of another leading economic consultancy, London Economics, where he also built and ran the Business Strategy practice.
An expert in the economics of competition and strategy, some of his recent publications include ‘Cut on the Bias’ and ‘Getting a Sharper Edge’, which focus on aspects of behavioural economics such as how supposedly ‘rational’ choices are affected by external influences and cues in the environment.
Revolving Door Lobbyists: Evidence from the US and the UK.
Dr Mirko DracaAssistant Professor at the University of Warwick
Revolving Door Lobbyists: Evidence from the US and the UK.Year:
As well as being an Assistant Professor in Economics at the University of Warwick, Dr Mirko Draca is also a Research Associate at the Centre for Economic Performance, London School of Economics. He previously worked as a full-time member of staff at the CEP and studied for his PhD at University College London.
Draca’s research interests include labour economics and applied microeconomics, and he is currently researching the impact of defense spending on innovation in the US, as well as the ‘political labour market’, that is, an analysis of the labour market for lobbyists, including research on the role of staffers in driving Congressional outcomes.
He has recently had papers published in the American Economic Review and American Economic Journal: Applied Economics.
The ECB's Strategy in Good and Bad Times
Massimo RostagnoHead of Monetary Policy Strategy, ECB
The ECB's Strategy in Good and Bad TimesYear:
Massimo Rostagno, Deputy Director General of the economics department and head of monetary policy at the European Central Bank, is responsible for all aspects related to the ECB’s monetary policy strategy.
Rostagno read Economics at Bocconi University, Italy, before going on to further his studies in monetary economics at the University of California, Los Angeles. He began his career as an Economist within Banca d’Italia’s Research Department, before moving onto to work within the European division of the International Monetary Fund. He joined the ECB in 1998.
His academic publications focus on monetary economics and the political economy.
Whither the Arab Firestorm? Transition & Growth or Extremism & Stagnation?
Dr Nasser SaidiEx-Lebanese Minister of Economy and Trade
Whither the Arab Firestorm? Transition & Growth or Extremism & Stagnation?Year:
Dr Nasser H. Saidi is the Founder and President of Nasser Saidi & Associates and acts as an advisor to governments, central banks and regulators.
He is an advisor and board member to multi-national and regional companies. He is Deputy Chairman of Eureeca Capital, a crowd-investing platform. He was the Chief Economist of the Dubai International Financial Centre (DIFC) from 2006 to September 2012, where as an executive he helped build & promote the centre and its strategic development and developed the links with governments, central banks, international organisations, international banks & financial institutions and international financial centres. Dr Saidi is the Founder and former Executive Director of the Hawkamah-Institute for Corporate Governance and the Mudara Institute of Directors, 2006-2012.
Dr Saidi is Chairman of the regional Clean Energy Business Council, promoting clean energy solutions and policies in the MENA countries. He is a member of the IMF’s Regional Advisory Group for MENA and Co-Chair of the Organisation of Economic Cooperation and Development’s (OECD) MENA Corporate Governance Working Group. He is a Member of the Advisory Board of the Official Monetary and Financial Institutions Forum (OMFIF) and a member of the Private Sector Advisory Group of the Global Corporate Governance Forum, an institution of the World Bank driving global corporate governance reforms.
In 2013, he was named among the 50 most Influential Arabs in the World by The Middle East magazine, for the fourth consecutive year and named among the 500 Most Powerful Arabs in the world by Arabian Business for the second consecutive year.
Dr Saidi was the Minister of Economy and Trade and Minister of Industry of Lebanon between 1998 and 2000. He was the First Vice-Governor of the Central Bank of Lebanon for two successive mandates, 1993-1998 and 1998-2003. He was a Member of the UN Committee for Development Policy (UNCDP) for two mandates over the period 2000-2006, a position to which he was appointed by former UN Secretary General Kofi Annan, in his personal capacity.
He the author of numerous articles and has written a number of books and publications addressing macroeconomic, capital market development and international economic issues in the MENA region, the GCC countries and Lebanon. His research interests include macroeconomics, financial market development, payment systems and international economic policy, corporate governance, clean energy and information and communication technology (ICT).
Dr Saidi was a private banker and served as an economic advisor and director to a number of central banks and financial institutions in Arab countries, Europe and Central and Latin America. Prior to his public career, Dr Saidi pursued a career as an academic, serving as a Professor of Economics at the Department of Economics in the University of Chicago, the Institut Universitaire de Hautes Etudes Internationales (Geneva, CH), and the Université de Genève. He also served as a lecturer at the American University of Beirut and the Université St. Joseph in Beirut.
Dr Saidi holds a Ph.D. and an M.A. in Economics from the University of Rochester in the USA, an M.Sc. from University College, London University and a B.A. from the American University of Beirut.
Can banks be reformed?
Sir Richard LambertDirector of the FCO Supervisory Board and Chancellor of the University of Warwick
Can banks be reformed?Year:
Sir Richard Lambert has been the lead non-Executive Director on the FCO Supervisory Board since November 2011.
Lambert joined the Financial Times after reading history at Balliol College, Oxford. Among other roles he edited the Lex Column, served as financial editor, and also as the New York bureau chief. He was appointed deputy editor of the newspaper in 1983, and went on to become editor in 1991. He relocated to New York in 1997-98 to launch the US edition of the FT, stepping down as editor at the end of 2001.
Sir Richard then wrote the Lambert Review of Business/University Collaboration for the government and spent a term at the Kennedy School. He was an independent member of the Bank of England’s Monetary Policy Committee between 2003 and 2006, and Director General of the CBI from 2006 to 2011. He now serves as the Chancellor at the University of Warwick.
Keynes for today?
Victoria ChickEmeritus Professor of Economics at University College London
Keynes for today?Year:
After graduating from both the University of California, Berkeley and the London School of Economics, Victoria Chick swiftly went on to lecture economics at University College London.
Forty years, and multiple visits to universities all over the world, later, she holds the title of professor Emeritus at UCL and is considered to be one of the world’s leading scholars on Keynes and monetary policy.
Initially interested in international politics, Chick eventually turned her attention to monetary and macroeconomic policy. She authored The Theory of Monetary Policy (1973) and Macroeconomics after Keynes (1983). The latter of the two books – considered to be her magnum opus – has been described as the most important economics book after the General Theory by economist Geoff Harcourt.
On top of her academic accomplishments, Chick co-founded the Post Keynesian Economics Study Group and, to this day, remains a clarion voice for Post-Keynesian theory both in the UK, and worldwide.
Just Money - How Society Can Break The Despotic Power Of Finance
Ann PettiforDirector of Policy Research in Macroeconomics (PRIME)
Just Money - How Society Can Break The Despotic Power Of FinanceYear:
A determined critic of Western neo-imperialism, Ann Pettifor is an author, activist and global financial analyst with an impressive track record. Pettifor holds the post of Director of Policy Research in Macroeconomics (PRIME) and is the Executive Director of Advocacy International, an organisation that advises governments on sustainable development.
Pettifor began her career in politics, first as an advisor to Ken Livingston and later to Margaret Beckett. However, Pettifor is best known for her role in co-founding the international coalition Jubilee 2000. Pettifor and Jubilee 2000 hit the headlines in 1998 when they organised a human chain of seventy thousand people to surround the G8 Summit in Birmingham. As a result, the G8 leaders agreed to cancel approximately $100 million of debt owed by third world countries.
Ann has also authored a number of successful books. Amongst these are Debt, The Most Potent Form of Slavery (1996), Chapter 9/11? Resolving International Debtcrises (2002) and The Coming First World Debt Crisis (2006).
A world class supply chain that delivers sustainable and profitable growth
Pier Luigi SigismondiChief Supply Chain Officer at Unilever
A world class supply chain that delivers sustainable and profitable growthYear:
After graduating with a Masters in Industrial & Systems Engineering from the Georgia Institute of Technology, Pier Luigi started his career with Booz Allen & Hamilton. Later, in 1997, he joined AT Kearney and became the Vice-President of Operations in Italy where he focused on strategic procurement and logistics.
In 2002 Sigismondi moved to Nestlé where he served as Vice-President of Corporate Operations Strategies (in Switzerland) and later as Vice-President of Supply Chain and R&D for Nestlé Mexico. After seven years, he made his move to Unilever to be Chief Supply Chain Officer.
With years of experience in business and across continents, Sigismondi has become one of the top executives when it comes to supply chains. Given the increased use and necessity for supply chains, for economies and businesses, his views are bound to be valuable.
Breaking the Mould; women in leadership
Lisa BuckinghamFormer Editor of the Financial Mail
Breaking the Mould; women in leadershipYear:
Working to promote diversity in boardrooms across the country, Lisa Buckingham is a senior advisor on Diversity and Women’s issues at the Institute of Directors. Her commitment to creating gender equality has led Buckingham to establish the Financial Mail Women’s Forum and the Financial Freedom newsletters, a campaign to help underprivileged women improve their understanding of money.
Alongside this campaign, Buckingham works as a senior advisor with Start Up Loans. Yet it is journalism that Buckingham is most celebrated for, receiving an OBE in 2011 for services to this industry. From 1988 to 2000, she held the post of City Editor for the Guardian and from 2000 to April 2013, Buckingham was the editor of the Financial Mail.
Entrepreneurs are everything
Luke JohnsonFormer Chairman of Pizza Express and Channel 4 Television
Entrepreneurs are everythingYear:
Whilst studying medicine at Oxford, Luke Johnson interviewed Richard Branson for the student newspaper. He was so inspired that he decided to create his own business ventures. He took control of Pizza Express, expanded it from 12 to 250 restaurants, then sold it. After that he started Strada and currently part-owns Giraffe, Patisserie Valerie and Gail’s.
Johnson’s business interests go far beyond restaurants. He owns an online cruise holiday operator and started the UK's largest chain of dental surgeries, with over 500 dentists. From 2004 to 2010, he was the chairman of Channel 4 television and significantly increased viewership.
Johnson now takes stakes in fast-growing businesses through his private equity house, Risk Capital Partners. In addition, he is the chairman of the Institute of Cancer Research and formerly of the Royal Society of Arts. As well as writing a weekly column in the FT on entrepreneurship, Luke recently founded a think-tank aimed at promoting entrepreneurship to the general public.
How to make the right decisions without knowing People’s Preferences: Mechanism Design
Prof Eric Maskin2007 Nobel laureate
How to make the right decisions without knowing People’s Preferences: Mechanism DesignYear:
Eric Maskin is an American Economist and Nobel laureate. He was awarded the Nobel Prize in Economic Sciences in 2007, alongside Leonard Hurwicz and Roger B. Myerson “for having laid the foundations of mechanism design theory”. He has also made contributions to game theory, contract theory, social choice theory, political economy, and other areas of economics.
Maskin received his A.B. and Ph.D from Harvard and was a postdoctoral fellow at Jesus College, Cambridge University. He is currently Adams University Professor at Harvard.
In his prize lecture, on 8th December, 2007, Maskin said “I offer a brief introduction to the part of mechanism design called implementation theory, which, given a social goal, characterizes when we can design a mechanism whose predicted outcomes (i.e., the set of equilibrium outcomes) coincide with the desirable outcomes, according to that goal.” You can read the rest of Maskin’s prize lecture here http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2007/maskin_lecture.pdf.
Public finances and household incomes: what is really going on?
Paul JohnsonDirector of the Institute for Fiscal Studies
Public finances and household incomes: what is really going on?Year:
Paul Johnson has been director of the economics think-tank, the Institute for Fiscal Studies, since 2011.
A prolific economist in the UK, Paul has worked and published extensively on the economics of public policy, with a particular focus on income distribution, public finances, pensions, tax, social security, education and climate change.
A former government economist, Johnson’s career has also included spells at HM Treasury, the Department for Education and the FSA. Between 2004 and 2007 he was deputy head of the Government Economic Service.
In a recent article for the Guardian, Johnson spoke critically against George Osborne’s proposed cuts. You can read the article here: http://www.theguardian.com/commentisfree/2014/jan/06/osborne-proposing-too-much-squeeze
Spectrum Auctions – why and are they worth it?
Dr Christopher DoylePrincipal Teaching Fellow at the University of Warwick
Spectrum Auctions – why and are they worth it?Year:
Chris Doyle is an economist having obtained his PhD here at Warwick in 1988 under the supervision of Professor Kevin Roberts (now head of Economics at Oxford). His early work focussed on game theory, IO and regulation and after 10 years in the Cambridge Faculty of Economics he worked at the Regulation Initiative along with David Currie (now head of the new Competition and Markets Authority) at the London Business School. In 1999 he was head-hunted into a senior position in an economics consultancy and became VP at CRA in London. In 2002 he established his own independent economic consultancy Apex Economics and re-joined Warwick, first at WBS and then the Department of Economics. He has worked on a number of spectrum auction assignments in Europe, Israel and Nigeria collaborating with leading auction theorists Professors Peter Cramton and Paul Milgrom. He is co-author of the leading text on modern spectrum management with Martin Cave and William Webb and currently writing a new book on spectrum management with Cave and Webb which looks at spectrum auctions and other matters. This will be published by Cambridge University Press in early 2015.
Financial Regulation - the future
Andrew BaileyBank of England
Financial Regulation - the futureYear:
When the world hit the worst financial crisis in its history in 2007, it was Andrew Bailey of the Bank of England (BoE) who was given the responsibility for fixing the problems endemic in the British banking system.
It was fitting that he should take such a responsibility. Since first joining the Bank more than 25 years ago he has held a string of posts, not least as Executive Director for Banking Services. Pull a bank note from your wallet and there’s a good chance that his signature’s on it: Andrew also served as the BoE’s Chief Cashier for many years. 2013 will see him assume duties as Chief Executive of of the Prudential Regulation Authority (PRA), the successor to the Financial Services Authority with responsibility for the regulation of high street and investment banks, building societies, insurance companies and a range of other financial firms.
At the PRA he will take much of the responsibility for ensuring that Britain’s banks never see days as dark as those of 2007, as he becomes in effect the most senior regulator in the City of London. He will be one of the most influential voices in international discussion on how banking regulation should work, and has already hit out at EU plans for heavy bank regulation.
Andrew Bailey already looks set to be a name we’ll here more and more in the coming year. Already a City heavyweight, 2013 will see him in the limelight more than ever before.
UK Balance of Payments
Martin WealeBank of England
UK Balance of PaymentsYear:
Dr. Martin Weale is one of Britain’s most influential monetary policy makers. Since joining the Bank of England’s nine-strong Monetary Policy Committee (MPC) in 2010 he has been a key figure in decisions on interest rates in the UK and quantitative easing.
As a speaker at this year’s Summit, he will be the fourth member of the MPC in as many years to attend. He follows Kate Barker, Dr. Adam Posen and Warwick’s own Dr. Andrew Sentance.
Martin has also served as director of the leading British think tank the National Institute of Economic and Social Research (NIESR) for 15 years, where he has proven himself a prolific writer or papers, reports and advisory documents for a range of governments, institutions and bodies. He was made a Commander of the British Empire in 1999 for his services to economics.
As the British economy stands on the brink of another period of recession, the tricky task of keeping inflation low and simultaneously encouraging growth in tough times will make 2013 a busy year for British policy makers, for the MPC and, indeed, for Martin Weale.
How the Rise of China and other emerging economies is changing the world
Philippe LegrainEconomist & Author
How the Rise of China and other emerging economies is changing the worldYear:
Phillipe Legrain is an economist, author, commentator and adviser to some of the world’s most important figures.
A specialist in economic issues facing Europe, he has authored books on immigration, globalisation and the world in the wake of the financial crisis. He has also written for a range of publications, including the the Guardian, the FT, the Wall Street Journal, the Times, the Independent and the New Statesman, and appeared on the BBC and Fox as an analyst.
Phillipe currently serves as an advisor to Jose Manuel Barroso, head of the European Commission, and has previously advised Mike Moore, director-general of the WTO. An ardent supporter of the Euro, he was chief economist and later director of policy at Britain in Europe, the UK pressure group, and a visiting fellow at the LSE’s European Institute.
As tensions in Europe look set to come to a head and the debate on immigration rages on, 2013 ought to be an interesting year for Phillipe.
Deciding between Different Approaches in Macroeconomics
Sir David HendryProfessor of Economics
Deciding between Different Approaches in MacroeconomicsYear:
Sir David Hendry is one of Britain’s most respected academics. A fellow of the British Academy and a former head of Oxford’s prestigious Economics Department, his research focuses mainly upon econometrics. He was knighted for services to the social sciences in 2009.
Sir David’s academic record stretches back decades. He received his PhD from the London School of Economics, where he was a Lecturer, Reader and Professor of Economics, before joining the University of Oxford in 1982, where he is now Professor of Economics.
A prolific writer and researcher, he has authored hundreds of papers on a broad range of subjects within economics, and a long list of books - including his latest, Econometric Modeling: A Likelihood Approach, a data-driven introduction to econometrics, focusing on modeling.
At Oxford he teaches various areas of economics, from macroeconomics, to econometric modelling and forecasting to undergraduates and postgraduates alike.
He is currently working on a research project concerning economic modelling in a rapidly changing world, expected to last until 2015.
Saudi Arabian Women at Work
Reem AsaadWealth manager & analyst
Saudi Arabian Women at WorkYear:
A successful wealth manager and analyst at Saudi Fransi Capital with over 12 years of experience in investment management and finance, Reem Asaad boasts an impressive résumé. But that’s not all that defines her work.
Recently named one of the most influential Arabs in the world Reem has been hailed as a champion of Saudi Arabian women, with the self-proclaimed aim of encouraging and raising financial awareness in Saudi Arabia and promoting the social and economic well-being of its people.
Her ‘Lingerie Campaign’, calling for better employment opportunities and improved consumer rights for women in the lingerie business, has received international recognition. In Saudi Arabia, one of the world’s most conservative nations, women had long been required to buy underwear from stores staffed exclusively by men.
But in 2008 Reem launched one of the most successful social media campaigns in recent years. She set up a facebook group calling for action to ensure that only women could work in lingerie shops, and in 2011, after years of tireless writing and public speaking, her work paid off. Saudi Arabia’s King Abdullah passed a directive ensuring that all such shops would be staffed solely by Saudi women.
The campaign culminated in the creation of tens of thousands of jobs for Arab women - not only changing the law but also empowering Saudi women and moving the nation one step closer to economic gender balance.
Unwavering in her campaign for equality, Reem is now aiming to improve the provision of childcare for working mothers, and she looks set to continue to address underlying issues regarding women’s rights in Saudi Arabia.
The Who and the How of Monetary Policy
The Who and the How of Monetary PolicyYear:
Dr. Michael McMahon is a macroeconomist at the University of Warwick, although he has previously taught at the Universities of New York and Chicago, as well as the London School of Economics.
In his distinguished career he has also worked for the Bank of England, the European Central Bank and the Central Bank of Ireland, and has proven a polished media performer.
Michael’s research interests include the macroeconomics of business cycles, monetary economics, inventories and applied econometrics, and in 2011 he gave a TED talk on the challenges of both learning and teaching at university.
He was formerly an advisory board member to the UK Higher Education Academy's Economics Network, which aims to promote the effective teaching of economics in universities; and his forthcoming work includes a paper on tax changes and the measurement of technology shocks.
The Economics of Happiness
The Economics of HappinessYear:
Andrew Oswald is one of two academics speaking this year from Warwick’s own Economics Department, where he arrived in 1996 having worked previously at Oxford, Harvard, Princeton, Dartmouth, Cornell and the LSE.
His work is often a blend of economics and behavioural social science, and he has written extensively on the economics of happiness, in both academic publications and the popular press. A recent paper to which he contributed considered the evidence for midlife crises in apes.
Although he is regarded as a preeminent figure in the field of happiness economics, Andrew has also studied in depth areas including trade unions, entrepreneurship and the consequences of high oil prices.
An ISI Highly-Cited Researcher, he shows no sign of slowing down in 2013. Expect to read plenty more on the mechanics of happiness as the world’s economic crisis lingers on.
The Political Economy of Institutional Decay and Official Corruption - The Case of Iraq
The Political Economy of Institutional Decay and Official Corruption - The Case of IraqYear:
It is difficult not to be impressed by the career history of Ali Allawi, the former Minister of Trade, Minister of Defence and Minister of Finance in the post-war Iraqi government between 2003 and 2006.
Ali has held a host of high-profile positions before going into the public sector, from founding the merchant bank Arab International Finance to working as a professor at Oxford University. As a distinguished author he has also published a brace well-received titles focussing upon the history of Iraq and its people, including the critically acclaimed ‘The Occupation of Iraq: Winning the War, Losing the Peace’.
Since leaving the Iraqi government he has taken up a post as a Senior Visiting Fellow at Princeton, and he continues to speak on the future of Iraq. At the Summit he’ll be speaking on "The Political Economy of Institutional Decay and Official Corruption - The Case of Iraq."
The Future of the World Trading System
Supachai PanitchpakdiSecretary-General UNCTAD
The Future of the World Trading SystemYear:
From an Economics student, not so different to many of us, to Director-General of the World Trade Organisation (WTO) and now Secretary-General of the UN Conference on Trade and Development (UNCTAD), Dr. Supachai Panitchpakdi has earned the right to boast a stellar career.
Add to this his previous posts of Deputy Minister of Finance and later Deputy Prime Minster in his native Thailand and his range of past responsibilities and experiences cannot fail to impress. His numerous works on subjects including globalization, development and trade make for even more interesting reading when one remembers that Supachai has been instrumental in shaping the economic and international trade policy of Thailand, and indeed the world, in the past.
A perfect advocate for the place of developing countries in the world economy at the forefront of UNCTAD, he will speak at the Summit on 'The Future of the World Trading System'.
The Economic Landscape in Today's World
Vince CableSecretary of State for Business, Innovation and Skills
The Economic Landscape in Today's WorldYear:
This man probably needs no introduction, but we’ll give him one anyway. As Secretary of State for Business, Innovation and Skills in the current coalition government, The Rt. Hon Dr. Vince Cable is deeply involved in shaping the most pressing economic and political discussions of our time, and rarely does a week pass in which he is not making news.
Initially a student of Natural Sciences at the University of Cambridge before switching to Economics - a wise choice, I think we’d all agree - Vince’s host of previous high-profile positions has also included the title of Economic Advisor to the Government of Kenya, and later to the Secretary-General of the Commonwealth, before being appointed Chief Economist for Shell. Elected Liberal Democrat MP for Twickenham in 1997, he rose quickly to become one of the most important figures in the party and won universal praise for anticipating what became the great financial crash and recession that rumbles on today.
As Business Secretary, Vince has argued for a deficit reduction strategy that remains fair, and called for an end to unwarranted bank bonuses. As the coalition enters the second half of its five-year tenure in 2013, we can be sure that we’ll see a lot more of him.
Local Growth and the Economist's Role in the Civil Service
Sir Bob KerslakeHead of the Civil Service
Local Growth and the Economist's Role in the Civil ServiceYear:
The very first University of Warwick alumnus to speak at the Summit and now Head of the Civil Service, Sir Bob Kerslake is the most senior civil servant in the country.
Gaining a degree in Mathematics and holding the position of President of the Students’ Union during his time here at Warwick was only the beginning; Sir Bob has been involved in public sector affairs throughout his career, from serving as Chief Executive of Sheffield City Council for 11 years, to later heading the Homes and Communities Agency before being appointed Permanent Secretary for the Department for Communities and Local Government, a title that he continues to hold today.
In 2005 he received the highest of honours and was knighted for his services to local government. As the debate on the nature and future of the British civil service rages, we look to see more and more of Sir Bob this year.
A science, but not that kind of science...
Rory SutherlandMarketing expert
A science, but not that kind of science...Year:
Said to be one of the worst graduate trainees ever hired by marketing multinational Ogilvy & Mather when he first joined in 1988, it is perhaps some surprise that he now serves as Vice-Chairman of the overall Ogilvy Group in the UK.
After a year of teaching left him dissatisfied Rory eventually found himself at O&M’s Creative Department in 1990, where he proved to be a remarkable success. It was his recognition of the possibilities of digital technology in marketing that stood out, alongside his development of the concept of ‘360-degree branding’.
He rose quickly through the ranks, becoming Head of Copy in 1996, Creative Director in 1997 and Executive Creative Director in 2002. He is now one of the most important figures in Ogilvy Group, which over the years has represented brands like Dove, Kodak, Ford and BP, and has come up with some of the best-known advertising campaigns in recent years.
Outside of Ogilvy, Rory is known for his eclectic collection of cravats, and for writing the Spectator magazine’s popular Wiki Man column on technology and the web.
East Asia's Economic Integration and its Implications for the Global Economy
Surin Pitsuwan12th Secretary General of ASEAN
East Asia's Economic Integration and its Implications for the Global EconomyYear:
Hailing from Thailand, Surin Pitsuwan has been involved in shaping the political landscape of his country for over 25 years, from his political beginnings as a Member of Parliament and Secretary to the Speaker of the House of Representatives, to later holding the influential position of Minister of Foreign Affairs.
As the 12th Secretary General of the Association of Southeast Asian Nations (ASEAN), a role he held from 2008 until early this year, Surin has seen ASEAN through a period of tremendous global change and challenge, offering a unique perspective on its position now and then.
Surin’s talk will be titled "East Asia's Economic Integration and its Implications for the Global Economy".
Building the First New High Street Bank for Over 100 Years: an Entrepreneur's Perspective
Anthony ThomsonFounder, Metro Bank
Building the First New High Street Bank for Over 100 Years: an Entrepreneur's PerspectiveYear:
Anthony Thomson is co-founder of high-street newcomer Metro Bank.
When the bank launched in 2010 it was the first officially licensed high-street bank to start up business for more than 150 years. Known for its customer-friendly approach, Metro Bank’s branches open 80 hours a week and keep dog biscuits in reserve for visiting pets.
Under Anthony’s guidance, Metrobank has expanded quickly. 16 new branches have enjoyed the bank’s lively opening celebrations in the last three years.
Outside of Metro Bank, Anthony is Chair of the Financial Services Forum, which brings together senior executives in the industry to discuss financial marketing strategy.
Banking Reforms in Nigeria and its Impact on the Economy
Governor Lamido SanusiGovernor of Central Bank of Nigeria
Banking Reforms in Nigeria and its Impact on the EconomyYear:
Governor Lamido Sanusi was awarded the title of Central Bank Governor of the year by "The Banker" magazine produced by the Financial Times and featured in TIME magazine’s TIME100 list of most influential people in the world of 2011. Within his first 18 months of serving at the Central Bank of Nigeria he had already begun saving a collapsing banking sector and with various reforms he resurrected the market to attract investors. His anti-corruption campaign not only cleaned up the banking sector in Nigeria but the country as a whole, as Nigerian people began to understand the years of corruption had reached their end, when they were made aware of the numerous corrupt bank executives who the Governor sacked and brought to justice.
Phishing for Phools
Prof. George Akerlof2001 Nobel Laureate in Economics Sciences
Phishing for PhoolsYear:
Professor George A. Akerlof, co-winner of the 2001 Nobel Prize in Economics Sciences, is the Koshland Professor of Economics at University of California, Berkeley. He is recognized for his contributory role in the development of behavioural economics. Professor Akerlof’s celebrated paper “The Market for Lemons: Quality Uncertainty and the Market Mechanism”, which won him the Nobel Prize, investigates the role of information asymmetry in the market of “lemons” (used cars), and it has since had far-reaching applications within the discipline. His inter-disciplinary style has led him to produce research on topics ranging from identity economics to efficiency wages. He earned his B.A. degree from Yale University in 1962 and his Ph.D. from Massachusetts Institute of Technology in 1966. Professor Akerlof is a Senior Fellow at The Brookings Institution, and also served as the President of the American Economic Association in 2006. He is the co-author of “Animal Spirits: How Human Psychology Drives the Economy and Why It Matters for Global Capitalism”. Professor Akerlof is married to economist Janet L. Yellen.
The WTO in an Era of Change
Rufus H YerxaDeputy Director-General, World Trade Organization
The WTO in an Era of ChangeYear:
Rufus H. Yerxa has served as Deputy Director General of the World Trade Organization (WTO) since 2002. The WTO is the principal international organization governing world trade.
Mr. Yerxa has an extensive record as a trade negotiator, diplomat and lawyer. He served in the Office of the United States Trade Representative (USTR), first as the Geneva-based Ambassador and subsequently as the Deputy USTR in Washington. Prior to these appointments he was with the U.S. House of Representatives, where he was Staff Director of the Subcommittee on Trade. His private sector experience includes both law practice and a senior corporate role.
Mr. Yerxa received his bachelor's degree from the University of Washington, his law degree from Seattle University and a degree in international law from Cambridge University.
More Sex is Safer Sex and Other Surprises
Prof. Steven E LandsburgAuthor of "The Armchair Economist"
More Sex is Safer Sex and Other SurprisesYear:
Author of the "The Armchair Economist" and reviewer of "Freakonomics" and "The Undercover Economist", Steven E. Landsburg is an everyday economist who currently writes a column for Slate magazine about topics ranging from the national debt problem to the obesity crisis. His research topics are obscure yet equally as intriguing; it is Landsburg who uses the language of microeconomics to explain and justify the everyday decisions that we make and the social and economic patterns that result. His more recent work include the (career) cost of motherhood and whether or not daughters (as opposed to sons) cause divorce. As a self-described "hardcore libertarian" and staunch supporter of free trade, Landsburg has strong views about our politics and economy to share in the summit.
What we should re-learn about macroeconomics from the British Great Recession
Adam PosenBank of England Monetary Policy Committee member
What we should re-learn about macroeconomics from the British Great RecessionYear:
Adam Posen is an influential personality who has been widely recognized as an expert on monetary policy. He is the American economist described in the words of Nobel Laureate, Paul Krugman, as the individual “People should be reading” during the peak of the financial crisis in 2008. Dr. Adam Posen is a senior Fellow at the Peterson Institute for International Economics and a consultant at central banks worldwide prior to joining the Bank of England, including on multiple occasions at the Federal Reserve Board, the European Central Bank, and the Deutsche Bundesbank. His research and policy expertise focuses on macroeconomic policy and forecasting, European and Japanese political economy, central banking issues, and the resolution of financial crises. Dr. Posen has co-authored, Inflation Targeting: Lessons from the International Experience (Princeton University Press, 1999), with Ben Bernanke and is one of the most widely quoted economists in the financial press and electronic media. Dr Posen holds a PhD in Political Economy and Government from Harvard University.
2012 - A make or break year for the UK recovery?
Mark SmythRBS Group Economist
2012 - A make or break year for the UK recovery?Year:
Mark has worked as a professional economist for 15 years. He started work in the UK civil service, providing analysis and advice on regeneration and transport issues, including policies to rebalance regional growth and the restructuring of the UK railways. Subsequently, he worked in Geneva for the International Air Transport Association (IATA) providing financial and economic advice for the global airline sector.
Mark joined RBS in 2002. He has worked in the Group Economics team, focusing on key issues for customers in the commercial property and industrial sectors, and in the Non-Core division, a key driver of risk reduction across the Bank. His current role is focused on designing and implementing Group-wide risk appetite parameters, and examining their sustainability under adverse stress case scenarios.
Question TIme Panel Speaker
John Hemming MPLiberal Democrat Member of Parliament for Birmingham Yardley
Question TIme Panel SpeakerYear:
John won a scholarship to Magdalen College, Oxford, where he studied Natural Sciences, specializing in Atomic, Nuclear & Theoretical Physics, graduating in 1981.
He founded his first business (John Hemming & Co, now JHC plc) at the age of 23. This has grown to become a multi-million pound company and the leading provider of settlement systems to stockbrokers in the UK. John founded the first e-commerce operation (MarketNet) outside the USA in 1994. He also launched the world's first, banking, insurance, legal and stock-broking services on the Internet in 1995.
In 2004, Hemming became deputy leader of Birmingham City but stood down on his election to parliament . He won the Yardley seat from Labour in the 2005 Election with a majority of 2,672. In 2007 he became Liberal Democrat Spokesman for the West Midlands and returned to lead the West Midlands Liberal Democrat team of spokespeople.
A staunch opponent of super- and hyper-injunctions (privacy laws) he has used parliamentary privilege to reveal the existence of super-injunctions against the likes of Fred Goodwin and Ryan Giggs.
A Conversation with Baroness Vadera
Baroness VaderaInvestment Banker and former UK Government Minister
A Conversation with Baroness VaderaYear:
Baroness Shriti Vadera worked for 14 years at the Investment Bank UBS Warburg, where she was advising governments of developing countries. In 2007 she was appointed Parliamentary Under-Secretary of State in the Department for International Development by Gordon Brown. After just 6 months she moved to the Department of Business, Enterprise and Regulatory Reform and became Parliamentary Secretary in the Cabinet Office in 2008. Since December 2010, she is a member of the Boards of BHP Billiton and AstraZeneca as a Non-Executive Director.
The Economics of Sex, Alcohol and Happiness
Tim HarfordAuthor and FT columnist
The Economics of Sex, Alcohol and HappinessYear:
Tim Harford is a British economist, journalist and author. He studied at the University of Oxford where he gained his BA and subsequently M.Phil in Economics. Before he began his writing career, Mr Harford worked for Shell, The World Bank and as a tutor at Oxford University.
He joined the Financial Times in 2003 to write the unique weekly problem page "Dear Economist" which uses economic theory to solve readers' own problems. After a two year stint at the International Finance Corporation, Mr Harford returned to the Financial Times as the Economics leader writer in 2006. Tim is a member of the FT editorial board and his other column for the newspaper "The Undercover Economist", which reveals 'the economic ideas behind everyday experiences', is syndicated all over the world.
Mr Harford also presented the BBC television series 'Trust Me, I'm an Economist' and regularly speaks on radio and TV programs such as Newsnight, Today and Marketplace. He currently hosts the BBC Radio 4 series More or Less which has won the Royal Statistical Society's 2010 award for statistical excellence in broadcast journalism and Mensa's award for promoting intelligence in public life.
Tim has written several books including 'The Market for Aid' with Michael Klein, the iconic 'The Undercover Economist', 'The Logic of Life', and the collection of his FT columns 'Dear Undercover Economist: Priceless Advice on Money, Work, Sex, Kids and Life's Other Challenges'. 'The Undercover Economist' has sold one million copies worldwide in almost 30 languages. Mr Harford was also awarded the Bastiat Prize for economic journalism in 2006.
Paul MasonEconomics Editor for BBC Newsnight
Paul joined the BBC in 2001, making his first live appearance on the day of 9/11. He covered the corporate scandals that followed: Enron and Worldcom.
His groundbreaking reports on the rise of China as an economic power won him the Wincott Award in 2003. He has covered stories as diverse as Hurricane Katrina, gang violence on Merseyside, the social impact of mobile phones in Africa and the rise of Aymara nationalism in Bolivia.
Paul was one of the BBC's first bloggers and has twice been nominated for the Orwell Prize.
He covered the collapse of Lehman Brothers live from outside its New York HQ and, "has hardly stopped for breath since then", reporting on the social and economic impact of the global meltdown from the mean streets of Gary, Indiana to the elite salons of Davos.
Born in Leigh, Greater Manchester, in 1960 he studied music and politics at Sheffield University, switching to journalism in the early 1990s.
He is the author of two books: Live Working or Die Fighting, How the working class went global; and Meltdown: The end of the age of greed.
Finance and Stability
Andy HaldaneExecutive Director of Financial Stability
Finance and StabilityYear:
Andy Haldane, Executive Director, Financial Stability Andy Haldane is Executive Director for Financial Stability. Andy has responsibility for developing Bank policy on financial stability issues and the management of the Financial Stability Area. He is a member of the newly established Financial Policy Committee as well as several senior management committees of the Bank. He is also a member of the Basel Committee.
Andy joined the Bank in 1989. In previous roles he has headed the Bank's work on risk assessment, market infrastructure and on international finance. Prior to that he worked on various issues regarding monetary policy strategy, inflation targeting and central bank independence.
Andy has written extensively on domestic and international monetary and financial stability, authoring around 100 articles and three books. He is the co-founder of a charity 'Pro Bono Economics', which aims to broker economists into projects in the charitable sector.
What's new in development?
Duncan GreenHead of Research, Oxfam
What's new in development?Year:
Duncan Green is the author of From Poverty to Power and Oxfam GB’s Senior Strategic Adviser. He was Oxfam’s Head of Research from 2004-12. From Poverty to Power contains the accumulated knowledge of 25 years spent researching and writing about reducing poverty and combating injustice and, as he says, trying to “do justice to the complexity of the world, while still believing there is a story about how it can be changed for the better.”
The Original Rogue Trader
Nick LeesonFormer Derivatives Banker
The Original Rogue TraderYear:
Nick Leeson is a former derivatives broker whose fraudulent speculative trading caused the collapse of Barings Bank, the UK's oldest investment bank. He began his banking career as a clerk with Coutts and, after a string of jobs with other banks, found a new position in 1992 as the manager of a Barings' new operation in the futures markets on the Singapore Monetary Exchange. Leeson was Barings' Chief Trader but was also responsible for settling his trades, jobs usually done by two different people, hence he could hide his losses from management. In 1993, Nick generates 10% of the bank's profits but his success did not last and he began to use the account '88888' to cover up his mistakes which eventually amounted by $1.3bn, twice the bank's average trading capital.
During his time in prison, Leeson published his autobiography 'Rogue Trader' which was subsequently made into a film starring Ewan McGregor and Anna Friel. He also released 'Back from the Brink: Coping with Stress' which uses psychological analysis to highlight how the prolonged and sustained periods of stress in Leeson's career in investment banking are mirrored in the lives of others.
The trading jacket thought to have been worn by Nick on the Barings' trading floor sold for £21,000 in 2007.
Question Time Panel Debate
Hugh PymChief Economics Correspondent, BBC
Question Time Panel DebateYear:
Hugh Pym is a British financial and political journalist and author. He is currently the Chief Economics correspondent for the BBC. He studied Philosophy, Politics and Economics at Christ Church at the University of Oxford.
Mr Pym's previous roles have included producer of Business Daily at Channel 4, correspondent with ITN and freelance broadcaster with Sky Television. He was a BBC special correspondent covering Economics when he took on the role of acting Economics Editor during Stephanie Flanders' maternity leave in 2008 and he has been Chief Economics Correspondent since her return.
In 2001, Hugh stood as Liberal Democrat parliamentary candidate in the North Wiltshire constituency. He is the co-author of 'What Happened? And Other Questions About the Credit Crunch' and 'A Study of Gordon Brown's First Year in Office as Chancellor of the Exchequer'.
Fiscal and Growth Challenges - The Key Global Divide
Andy ChaytorSenior Rates Strategist, RBS Global Banking & Markets
Fiscal and Growth Challenges - The Key Global DivideYear:
Andy Chaytor is currently a Senior Rates Strategist, with a special focus on UK strategy, based in London. Andy Chaytor started his career in rates strategy. He then spent three years looking at credit and macro strategy, but has now returned to his spiritual home as part of the European Rates Strategy team headed by Andrew Roberts. However, the experience gained from this period has left Andy Chaytor with a strong global-macro attitude to rates strategy. Andy Chaytor's passions in life are understanding market behaviour, watching rugby and playing cricket.
The economy of China: why institutional reforms are key
Linda YuehFellow in Economics, Oxford University and Economics Correspondent, Bloomberg TV
The economy of China: why institutional reforms are keyYear:
Dr. Linda Yueh is an economist, broadcaster and author. She is a fellow in economics at Oxford University and Bloomberg TV's economics correspondent. She is interested in global imbalances, the drivers of economic growth and the rise of emerging economies. Before her current roles Linda worked as an international corporate lawyer and an economics commentator.
Dr Yueh directs the China Growth Centre at St Edmund Hall at Oxford University and is an associate of the Globalisation programme of the Centre for Economic Performance and the IDEAS (International Affairs, Diplomacy and Strategy research centre) at LSE. She is also a fellow of the Royal Society of Arts and a visiting professor at the London Business School in 2010/11.
Linda has written several textbooks and is frequently published in academic journals. Her writing focuses on Asian economies and the effects of globalisation, she is considered to be a leading specialist in the Chinese economy. She has advised the World Economic Forum (WEF) in Davos and sits on their Global Agenda Council on Energy Security. She also advises the Asian Development Bank, UK Trade and Industry and the Economist Intelligence Unit.
Dr Yueh has been chosen as one of the "Business Thinkers 50" and is regarded as one of the most highly regarded business commentators in the world. She has also regularly contributed to the BBC "World Business Report" and BBC World News in which she addressed global economic, financial and business issues. Linda was also a regular host on various CNBC business programmes.
Recovery? - The Global Perspective
Lord Digby JonesBusiness Ambassador at UK Trade & Investment
Recovery? - The Global PerspectiveYear:
While being an active crossbencher in the House of Lords, Lord Jones currently also serves as Chairman to the International Business Advisory Board at HSBC, is Corporate Ambassador for Jaguar Cars and JCB, and advises on a number of other paid and unpaid roles.
After working for six years as Director-General of the Confederation of British Industry, an organisation which promotes interests of around 200,000 businessman and of about 80 of FTSE 100 companies, he became adviser to Deloitte and Barclays Capital, before serving as Minister of State for Trade and Investment under Gordon Brown from 2007 until 2008.
The Sub-Prime Debacle
Liam HalliganBritish Economist and Journalist
The Sub-Prime DebacleYear:
Besides his role as Chief Economist at Prosperity Capital Management, the largest Russia- & CIS-focused asset management firm, Halligan is one of UK's leading economics commentators. He held, amongst others, research posts at LSE or the IMF, and co-founded Russian Economic Trends in Moscow.
Liam Helligan was a Political Correspondent for the FT and wrote articles for newspapers such as The Economist or The Wall Street Journal, which earned him numerous awards. He had radio shows on the BBC or Channel 4 and is especially known for the highly respected "Economics Agenda" column in The Sunday Telegraph.
As a British Labour Party politician Mr. Darling…
Alistair DarlingShadow Chancellor of the Exchequer
As a British Labour Party politician Mr. Darling has been Member of Parliament since 1987. Since then he has been Secretary of State for various areas, such as for Work and Pensions or for Trade and Industry. In 2007 under Gordon Brown’s administration he was made Chancellor of the Exchequer, and he currently acts as Shadow Chancellor. Darling was one of only three people to have served in the Cabinet continuously from Labour's victory in 1997 until its defeat in 2010.
During his academic career Ewald Nowotny held several…
Ewald NowotnyGovernor of Austrian National Bank
During his academic career Ewald Nowotny held several professorships, amongst others at Harvard University and at Vienna University of Economics and Business Administration, where he served as Full Professor for many years. As a social democratic politician he was a member of the Austrian Parliament for a long time. Prof. Nowotny also held a number of high-level positions in financial institutions. He previously worked as Vice President of the European Investment Bank and stepped down from his position as CEO of BAWAG P.S.K., one of Austria's biggest banks, in 2008.
British economist and former external member of the…
Kate Barker CBEBritish Economist
British economist and former external member of the Monetary Policy Committee: Between 1985 and 1994 she was the Chief European Economist at the Ford Motor Company. From 1994-2001 she was Chief Economic Adviser at the Confederation of British Industry. From 2001-2010 Kate Barker served for the Monetary Policy Committee. She was educated at Oxford University, where she received a degree in Philosophy, Politics and Economics.
CEO of European Climate Exchange, the world's largest…
Patrick BirleyCEO of European Climate Exchange
CEO of European Climate Exchange, the world's largest futures exchange for emissions trading: Patrick Birley started as the second employee of South African Futures Exchange, which he helped develop into a derivatives exchanges. Birley has over 20 years of experience in the financial markets and was chief executive of LCH.Clearnet Ltd, Europe’s largest clearing house, before he came to European Climate Exchange. His previous roles include senior management positions at the London Metal Exchange, FTSE Group and the South African Futures Exchange.
His academic career included chairs at London Business…
Professor John KayUK Economist
His academic career included chairs at London Business School and Oxford's Said Business School. He is a visiting professor at the London School of Economics. As a director Prof. Kay established the Institute for Fiscal Studies, which is conducting research on UK taxation and public policy, as one of the most respected think tanks. Moreover, he has been a director of several investment companies and a director of the British Bank Halifax for nine years, one of the largest retail financial services businesses in Europe. He also founded and later sold the consulting firm London Economics, which he developed into Britain’s largest independent economic consultancy.
UN Development Program Assistant Administrator and UNDP Regional…
Dr. Kori UdovickiUN Assistant Secretary General
UN Development Program Assistant Administrator and UNDP Regional Director for Europe and Commonwealth of Independent States: Prior to holding several senior management positions in the Government of the Republic of Serbia, Dr. Udovicki worked at the International Monetary Fund in Washington, D.C. for many years. As part of the government she first held the position of Special Advisor to the Serbian Minister of Finance and Economic Affairs, soon became the country’s Minister of Energy and Mines and was then appointed Governor of the National Bank of Serbia. Dr. Udovi?ki holds a Ph.D. and a M.Phil. in Economics, both from Yale University. Her uncle, Gonzalo Sánchez de Lozada, is former President of Bolivia.
Besides his engagement with HSBC, he has written…
Stephen KingChief Economist at HSBC
Besides his engagement with HSBC, he has written columns for newspapers, such as the British Independent and the German Handelsblatt. He was previously Economic Adviser for HM Treasury and is a member of the European Central Bank Shadow Council, a forum for the discussion of all issues related to monetary policy in the Eurozone. Stephen King studied Economics and Philosophy at Oxford University
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