Looking back and looking forward: How do we preserve monetary and financial stability?

The Central Bank of Iceland organised an international conference on the preservation of monetary and financial stability at Reykjavík’s Grand Hotel on 12 July 2019. The conference, entitled Looking back and looking forward: How do we preserve monetary and financial stability?, was split into two sessions, each with its own focus and discussion topics.

The former session focused on the experience of small European countries that have collaborated with the International Monetary Fund (IMF) in the wake of severe difficulties stemming from the financial crisis, on governmental authorities’ actions, and on the recovery of their respective economies.

The latter session centred on where we stand in improving financial stability frameworks and reforming financial regulation after the Great Financial Crisis.

The agenda, the speakers’ speeches or slide presentations, and a video of the proceedings can be found below.

 

Programme     

SESSION I: Crisis management, resolution and recovery in small European countries on an IMF programme

Chair: Arnór Sighvatsson, former Deputy Governor, Central Bank of Iceland

 

Speakers:

 

Patrick Honohan, former Governor, Central Bank of Ireland
Learning from the Irish Crisis

 

Carlos da Silva Costa, Governor, Central Bank of Portugal
Portugal: Crisis, adjustment and the path to sustainable growth

 

 

Ilmars Rimsevics, Governor, Central Bank of Latvia
Crisis and recovery in Latvia. What are the lessons learnt?

 

Már Guðmundsson, Governor, Central Bank of Iceland
Crisis, Policy Responses and Recovery in Iceland

 


SESSION II: Improving financial stability frameworks and reforming financial regulation after the Great Financial Crisis: Where do we stand?

Chair: Marc Uzan, Reinventing Bretton Woods Committee

 

Speech:

 

Esther George, President, Federal Reserve Bank of Kansas City
Securing Economic and Financial Stability

 

Panel:

 

Jon Nicolaisen, Deputy Governor, Central Bank of Norway
What can we do to enhance financial stability?

 

Sigríður Benediktsdóttir, former Director of Financial Stability at the Central Bank of Iceland and current Lecturer at Yale University
Post-crisis framework and tools for preserving financial stability

 

Video recording from the meeting:

Looking back and looking forward: How do we preserve monetary and financial stability?