2-3 décembre 2010 : Conférence ’Political Economy of Crisis-Induced Reforms’

IMF Offices in Europe
66 avenue d’Iéna, 75116 Paris
Conference Room A

Organisateurs : Gilles Bauche (IMF), Romain Ranciere (Chaire Banque de France - Paris School of Economics), Aaron Tornell (IMF), Thierry Tressel (IMF)
Participation sur invitation

December 2, 2010

• 14.00 - 16.30 Session 1 Financial Reforms and Bank Risk Taking
  > Xavier Freixas and Jean-Charles Rochet, “Taming SIFIS”
  > Alan D. Morrison and Lucy White, 2010, “Reputational Contagion and Optimal Regulatory Forbearance”
  > Giovanni Dell’Ariccia, Laeven Luc, and Robert Marquez, 2010, “Monetary Policy, Leverage, and Bank Risk-Taking”
  > Thierry Tressel and Thierry Verdier, 2010, “Macro-prudential Financial Regulation in presence of Regulatory Forbearance and Bailouts”
  Discussant : Romain Ranciere

• 16.30 – 17.00 Coffee Break

• 17.00 - 19.30 Session 2. Political Economy of Reforms.
  > Antonio Spilimbergo, Paola Giuliano and Prachi Mishra, 2010, “Democracy and Reforms : Evidence from a New Dataset”
  > Allan Drazen and Ethan Ilzetzki, 2010, “Kosher Pork”
  > Fabrizio Coricelli and Nauro Campos “Dynamics of financial liberalizations and reversals : Economic and political factors”
  > Raghuram Rajan and Rodney Ramcharam, 2010, “Constituencies and Legislation : The Fight over the McFadden Act of 1927”
  Discussant : Aaron Tornell

December 3, 2010

• 9.15 – 9.30 Welcome – Emmanuel van der Mensbrugghe Opening Remarks (Francois Bourguignon – PSE / Murilo Portugal – IMF)

• 9.30 – 11.00 Session 1 - Restoring Sustainability : Structural Reform for Fiscal Consolidation
  Chair : Carlo Cottarelli, Director, Fiscal Affairs Department, IMF
  > George Kopits – Fiscal Council, Hungary
  > Fritz Zurbruegg – Swiss Finance Ministry
  > Allan Drazen – University of Maryland
  > Jose Tavares – Universidade Nova de Lisboa
  > Pier Carlo Padoan – OECD

• 11.30 – 13.00 Session 2 - Boosting Potential Growth : Structural and Labor Market Reforms
  Chair : François Bourguignon, Director PSE
  > Declan Costello – European Commission
  > Gilles Saint-Paul – Toulouse School of Economics
  > Samuel Bentolila – CEMFI, Madrid
  > Stephen Pursey – ILO, Director Policy Integration Department and Senior Adviser to the DG

• Lunch - Keynote Speaker (13.00 – 14.15) : Marco Buti, European Commission

• 14.30 – 16.00 Closing Panel - Doing it : the Governance of the Reform Process
  Chair : Mario Monti, Bocconi University
  Panelists :
  > Erik Berglof – EBRD
  > Benoit Coeure – French Treasury
  > Carlo Cottarelli, Director, Fiscal Affairs Department, IMF
  > Aaron Tornell – UCLA
  > Marco Buti – European Commission, DG ECFIN
  > Jean Pierre Landau – Banque de Franque

• 16.00 Closing - PSE & IMF