In the aftermath of the crisis, this workshop will focus on employment creation as a means of remedying the strong rises in unemployment seen in some economies. The workshop will pay particular attention to the factors behind, and pre-requisites for, the creation of high quality and high...

The workshop will focus on the changing role of central banks following the financial crisis of 2008-2009. Before the crisis, central banks viewed price stability as their main objective. This manifested itself in the spread of explicit or implicit inflation targeting (IT) regimes among many...

People invited to one of the two meetings are welcome, and even encouraged, to attend the other one.

Topics: - International adjustment dynamics; - Current account imbalances and international capital flows; - Global financial crises; - Open-economy macroeconomic models; - Exchange rates; - International dimensions of monetary and fiscal policy; - Sovereign risk.

The purpose of the workshop is to identify policies and reforms that may suitably support the recovery from the crisis, also through empirical characterization of how institutional factors and past reforms have shaped country-specific crisis experiences.