National Bureau of Economic Research
NBER: Fw: Call for papers: "Europe and Financial Globalisation"

Fw: Call for papers: "Europe and Financial Globalisation"

From: Jeffrey Frankel <Jeffrey_Frankel_at_harvard.edu>
Date: Mon, 1 Oct 2007 09:21:32 -0400

Dear IFM members,

I am forwarding this announcement on behalf of Philip Lane.
JF

CALL FOR PAPERS: 'Europe and Financial Globalisation' Conference

LOCATION: IIIS, Trinity College Dublin
DATES: 11-12 June 2008
Website: http://www.europeglobalisation.eu

Deadline for submission: 18th January 2008

Principal Organisers: Philip Lane (IIIS-TCD), Harry Huizinga
(CentER-Tilburg), Igor Masten (University of Ljubljana)

This seminar is funded by Norface.

The workshop will consist of 8-10 papers. The travel and accommodation
expenses of presenters and discussants will be covered. Submissions from
NORFACE member countries are especially encouraged. The deadline for
submissions is Friday January 18th 2008: please send your paper or detailed
abstract in PDF format to info_at_europeglobalisation.eu by Friday, 18th
January 2008. The programme will be selected by mid-February 2008.

This workshop will focus on the following priority topics:

(1) The impact of financial globalisation on the development of national
and
European financial systems. This strand will include an analysis of how
European Monetary Union has altered the patterns in international capital
flows and portfolio allocations. Significant attention will be devoted to
the question how this process affects economic growth both directly and
indirectly through the effect on national financial markets. Particularly
interesting in this respect are the potential effects the process of Euro
adoption may bring to new EU member states. The workshop will also include
an analysis of the role of 'foreign' banks and financial institutions in
domestic financial systems (especially in the new member states), the
increased role of non-European institutions in the European financial
system
and, in the other direction, the increased global activities of European
financial institutions.

(2) Financial globalisation and risk. At one level, financial globalisation
offers the opportunity to diversify financial and macroeconomic risks.
However, it also raises exposures to external shocks. Moreover, it poses
challenges for financial regulation, which has historically operated along
national lines. This workshop will explore national and European approaches
to risk management in a financially-globalised world.

(3) External imbalances. The scale of current account imbalances (globally
and across Europe) is currently large relative to historical experience.
This is frequently tied to financial globalisation, with a decline in
investor home bias allowing an increase in the scale and persistence of net
capital flows. If this hypothesis is true, then the large imbalances may be
more sustainable than previously expected. Accordingly, this strand will
explore the connections between financial globalisation and external
imbalances.

(4) International capital flows and public finance. The impact of increased
capital mobility on national tax systems, in particular capital and
corporation taxes. The role of enhanced European cooperation and
coordination in developing sustainable tax systems under financial
globalisation.

(5) Governance of the Global Financial System. It is well known that Europe
'does not speak with one voice' in the management of the international
financial system through organisations such as the International Monetary
Fund, BIS, G-7, G-20 and other international fora. Is greater European
coordination of policy positions in relation to global financial issues
desirable from national, European and global perspectives? If so, is it
feasible?

Please send your paper to info_at_europeglobalisation.eu by Friday, 18th
January 2008.

Scientific Committee for Seminar Series: Philip Lane (Trinity College
Dublin); Karolina Ekholm (Stockholm University); Harry Huizinga (Tilburg
University); Igor Masten (University of Ljubljana); Steve Redding (Centre
for Economic Performance, London School of Economics); Soren Bo Nielsen
(Copenhagen Business School); Monika Schnitzer (University of Munich).

Future workshops in this seminar series will focus on FDI and the
Globalisation of European Labour Markets (to be hosted by the University of
Munich) and Firms in International Trade: Evidence and Implications for
Europe (to be hosted by the Centre for Economic Performance, London School
of Economics).
Received on Mon Oct 01 2007 - 09:21:32 EDT