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It is our pleasure to invite you to the Conference "
Economic Convergence in the Euro Area: Coming Together or Drifting Apart?" co-organized by
International Monetary Fund (Europe Office) and
ISEG – Lisbon School of Economics & Management.
The conference will take place in
ISEG (Auditorium 4, Quelhas New Building), on
April 5
th 2018, at
4 p.m.
Speaker: Jeffrey Franks
Director of the IMF Europe Office and Senior Resident Representative to the European Union, based in Brussels
Moderator: Miguel St. Aubyn
Professor at ISEG
Topic:
When the founding fathers of the euro embarked on the project of Economic and Monetary Union, they expected that sharing a common currency would reduce differences in income levels across euro area countries.
However, over the past two decades, income convergence among the founding members of the euro has not happened.
And although newer members of the euro have narrowed their income gaps vis-à-vis the original twelve euro area countries, this trend, too, has stalled since the crisis.
At the same time, track records on convergence as regards inflation and interest rates and economic cycles are mixed.
What does this lack of convergence mean for the European project, and for countries like Portugal, and what can be done to re-start convergence?
Free entrance, subject to pre-enrolment until April 4
th 2018. Enrol now!
Registration Link:
www.tinyurl.com/economieeu
Further information:
Email –
marketing@iseg.ulisboa.pt