Home > Uncategorized > WEA online conference: Monetary Policy after the Global Crisis is now open

WEA online conference: Monetary Policy after the Global Crisis is now open

from Maria Alejandra Madi

The current WEA Conference: Monetary Policy after the Global Crisis marks the tenth anniversary of the greatest recession after 1929-33. The aims of this conference include discussing key theoretical insights in order:

  • To provide a framework for improving monetary policy practices.
  • To review and advance knowledge on the recent financial crisis regarding the main challenges and prospects of central banking.
  • To particularly survey and discuss the use of Divisia monetary aggregates and their potential role to address central bank challenges economic vulnerabilities.

Therefore, our main goal is to establish a global forum for confronting of the opposite views about

  • the causes and consequences of the Great Crisis.
  • the current challenges to central banking.
  • the role of proper money aggregation in preventing of the future economic slowdowns.

In sum, the conference aims to survey and discuss the recent theoretical advances in monetary tools, goals and policies, along with the latest empirical research findings.  Indeed, this Conference will be one of the first which, in an extensive manner, tackles the problem of monetary aggregation after the Great crisis. 

The WEA Online Conferences seek to also engage readers and commentators all around the world considering: (a) the variety of theoretical perspectives; (b) the range of human activities and issues which fall within the broad domain of economics; and (c) the study of the world’s diverse economies; (d) the increasing relevance of the adoption and use of online discussion forums.

Students, academics and professionals who are interested in  policy challenges can read the Key-note papers of Daniel L. Thornton, Rakesh Bissoondeeal and Jane Binner in addition to other interesting contributions organized in the following Conference Sessions:

  • Divisia Monetary Aggregates and Contemporary Monetary Challenges
  • Divisia Monetary Aggregates: Prospects and Future Research Potential
  • Finance and Growth: Changes and Transformation

To visit the Discussion Forum works, click  http://monetarypolicy2018.weaconferences.net/papers/. 

Please first  register  to this OPEN ACCESS Conference in order to get your e-certificate!


The Discussion Forum closes on  March 15th. During the following weeks, we cordially invite you to visit the conference’s website, where you can read and download the conference papers, leave comments, and engage in discussion.

  1. February 26, 2018 at 6:14 pm

    Mr. IMF and the Mystery of the Thirsty Swans (13:18) Animated

    Why the design of banking is, itself, the root cause of money system instability.

    Inspired by a conversation with a senior economist and central banker
    who has worked at the highest levels of the IMF, and consulted for the World Bank and the Federal Reserve.

  2. February 27, 2018 at 4:08 am

    I’m a bit pressed for time, so I will not be reading through the papers available at the link, but I will nevertheless ask if there are any proposals from the contributors which recommend an END to the now common banking practice of lending money that the banks do not currently have on their balance sheets, acquired from depositors?

    Which is another way of asking if there are any serious proposals to end the freedom that banks now currently have to create money out of nothing?

    I would think any serious effort by monetary theorists to advise central banks on how to better manage the money supply (to ameliorate inflationary pressures) would necessarily include a pointed discussion of the rules that allow banks to create money. Yes?

    Why indeed are banks permitted to lend money they have not acquired from depositors? Do monetary authorities, and the economists who apologize for them, have no interest in securing firm control over the money supply with needed restrictions on the lending behavior of bankers?

    Inquiring minds want to know…

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