Latvijas Banka
LV

Economic Conference 2023​

A recipe for
economic growth

8

NOVEMBER

About the conference

The conference aims to bring together international experts to discuss the persistent challenges facing the global economy. 

It featured two moderated panel discussions. The first panel focused on exploring the factors contributing to the sustained deceleration in global economic potential growth, while the second panel addressed the role of government policies aimed at promoting economic growth and competitiveness.

The idea behind the conference was to blend academic perspectives with insights from various practical policy initiatives to provide a better understanding and an analysis-based platform for domestic policy-making in the areas mentioned.

Participants

Mārtiņš Kazāks

Mārtiņš Kazāks

Governor of Latvijas Banka

Philip Lane

Philip R. Lane

Member of the ECB's Executive Board

Elina Ribakova

Elina Ribakova

Economist at Peterson Institute for International Economics and Bruegel

Anders Borg

Anders Borg

Former Minister of Finance, Sweden

Ilze Nagla

Ilze Nagla

Journalist and Brussels Correspondent, Latvian Television

Philippe Aghion

Philippe Aghion

Economist and Professor at Collège de France

Niamh Moloney

Niamh Moloney

Professor of Law, LSE Law School

Klaus Masuch

Klaus Masuch

Principal Adviser, Directorate General Economics, ECB

Morten Hansen

Morten Hansen

Head of Economics Department, Stockholm School of Economics

Andris Strazds

Andris Strazds

Head of the General Secretariat, Latvijas Banka​​

Program

CONFERENCE OPENING

10:30

Andris Strazds, Head of the General Secretariat, Latvijas Banka

OPENING ADDRESS

10:35

Evika Siliņa, Prime Minister, Latvia

OPENING REMARKS

10:40

Mārtiņš Kazāks, Governor of Latvijas Banka

KEYNOTE ADDRESS

10:45

Philip R. Lane, Member of the ECB’s Executive Board

PANEL DISCUSSION

11:15

Unraveling the Puzzle of Sluggish Productivity Growth:
Lessons Learned and Future Prospects for Europe​

The panel focused on factors that contributed to the sustained deceleration in the potential growth of the global economy. Experts also explored the role of innovation, the tradeoff between economic resilience and growth, and the effectiveness of various policy interventions in shaping the future of potential economic growth.

Moderator: Ilze Nagla, Journalist and Brussels Correspondent, Latvian Television

Panelists: 

Mārtiņš Kazāks, Governor of Latvijas Banka
Philip R. Lane, Member of the ECB’s Executive Board
Philippe Aghion, Economist and Professor at Collège de France 

LUNCH BREAK

12:30

PANEL DISCUSSION

13:30

Policy Prescriptions for Sustainable Growth

The panel focused on the role of government policies in promoting economic growth and competitiveness. The discussion extended to the role of taxation and structural policies in promoting long-term growth.

Moderator: Elina Ribakova, Economist at Peterson Institute for International Economics and Bruegel

Panelists: 

Morten Hansen, Head of Economics Department, Stockholm School of Economics
Anders Borg, Former Minister of Finance, Sweden
Klaus Masuch, Principal Adviser, Directorate General Economics, ECB
Niamh Moloney, Professor of Law, LSE Law School

CLOSING REMARKS

15:00

Mārtiņš Kazāks, Governor of Latvijas Banka

Conference location

Conference was held in Ziedonis hall at National Library of Latvia, Mūkusalas iela 3, Riga.

Economic Conference 2023

A recipe for economic growth

Latvijas Banka