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Business Analysis Financial Development and the Economic Role of Governments 18 April, 2012 - London, United Kingdom
Governments do not only influence financial transactions by regulation or taxation. They also make it less necessary for households and firms to access financial markets by supplying public education and housing, reducing labour market flexibility, running unemployment and health insurance schemes. Across countries, over the period leading to the 2007-08 crisis, growth of credit volume and stock market capitalisation was strongly and reliably related to declines of government economic activity, and international financial flows were significantly correlated with changes to labour market institutions. It remains to be seen how these empirical relationships, arguably driven by the weakening power of national governments in increasingly internationalised markets, will work out in the aftermath of the crisis.

At a special presentation in London on April 18, 2012, Giuseppe Bertola, Professor of Economics at EDHEC Business School, will be presenting his recent research on financial development, and more particularly on the economic role of governments.

Programme
  • 5:30pm
    Registration (welcome coffee)

  • 6:00pm
    Introduction
    Noël Amenc, Director, EDHEC-Risk Institute

  • 6:15pm
    Presentation: Financial Development and the Economic Role of Governments
    Giuseppe Bertola, Professor of Economics, EDHEC Business School

  • 7:15pm
    Question & Answer Session
About the Speaker

Professor Bertola’s research interests principally focus on labour and financial market structures and institutions in an international comparative perspective. He has advised international organisations such as the European Commission and the European Central Bank. His work has been published widely in leading economics journals including the American Economic Review, the European Economic Review, the International Economic Review, the Journal of Money, Credit and Banking and the Review of Economic Studies. Professor Bertola holds a PhD from M.I.T (Massachusetts Institute of Technology).
Event Details
  When   Between 18/04/2012 05:30 PM and 18/04/2012 07:30 PM
Where   EDHEC Risk Institute—Europe, 10 Fleet Place, Ludgate, London EC4M 7RB, United Kingdom
 
Contact Details
  Name   Séverine Anjubault
E-mail   severine.anjubault@edhec-risk.com
Phone   +33 493 187 863
 
Attachments
  Programme