29/06/2010 : The UK economy, post-recession – same as it ever was?

The UK economy enjoyed a period of strong and stable economic growth coupled with low inflation in the ten year period leading up to the financial and economic crisis.  As the UK and other European economies are expected to recover gradually from the marked falls in economic activity during the crisis, the question arises of what the prospects for economic recovery and fiscal consolidation in the UK are, and what determines these. The aim of the workshop is to therefore to evaluate the UK economy's structural features and growth prospects, as well as to elucidate current fiscal and financial sector issues.

The workshop comprises three sessions, each one dedicated to a specific economic theme, and the event will be rounded off by a 90 minute panel discussion with numerous high-level panelists. During the three thematic sessions, a number of academic papers will be presented by the corresponding authors alongside presentations from other speakers, and each session will be concluded by a general discussion lead by an appointed discussant. The topics discussed in the three sessions and the panel discussion are:

• Cycle versus Structure: Appraising the UK's pre-crisis growth performance;
• Monetary and financial exit strategies for a return to growth;
• Long term sustainability issues in the UK's public and household sector;
• Panel discussion: (Re-)Defining the UK's position in the EU and global economy.

Participation and interventions at the workshop will be made under the so-called "Chatham House Rule", whereby participants are free to use the information received, but neither the identity nor the affiliation of the speaker, nor that of any other participant, may be revealed. The aim of following this procedure is to encourage openness and the sharing of information.

Date and venue

29 June 2010
Location: Salle Robert Schuman, Berlaymont Building (BERL), Rue de la Loi 200, 1049 Brussels

Registration is closed

Downloads

• Final programme(20 kB)  
• Metro map(2 MB)  
• Map of Commission buildings(470 kB)  

Documents

• Summary of discussions(37 kB)  
• Ray Barrell, NIESR: "Accounting for UK economic performance"(608 kB)  
• Ken Warwick, Department of Business, Innovation and Skills: "The UK Productivity Challenge"(157 kB)  
• Spencer Dale, Bank of England: "Unconventional Monetary Policy: Effectiveness and exit strategy"(33 kB)  
• Philip E. Davis, NIESR: "Policy efficacy in the crisis, exit strategies and the return to growth"(679 kB)  
• Carl Emmerson, Institute for Fiscal Studies: "Disease and Cure in the UK: The fiscal impact of the crisis and the policy response"(2 MB)  
• Xavi Ramos, Universitat Autonoma de Barcelona: "Long term effects of fiscal policy on the size and distribution of the pie in the UK"(118 kB)  
• Martin Weale, NIESR: "Unsustainable consumption: The structural falw behind the UK's long boom"(462 kB)  

Contact

For any queries related to the programme or the organisation of the workshop, please contact the organising team by email or fax (+32-2-299 33 55)