Special Conference: The Future of Europe

Wednesday, April 27, 2016
Oxford University

On April 27th, the Oxford Martin School and the Center hosted a conference, The Future of Europe: Drivers of Change, at Oxford University. Convened by Oxford Martin School director Ian Goldin, Center director Edmund Phelps, and David Vines (Balliol College and acting director of the program on the Political Economy of Financial Markets), the conference explored the long-term economic and social challenges that Europe faces, such as the decline of both productivity growth and the rewards of working life. 

The conference consisted of three sessions. The first provided global context for the day, summarizing and analyzing economic, demographic, technological, and geopolitical trends that will shape Europe's future. The second session examined the underlying forces influencing productivity growth and the various rewards of working life in Europe, with a focus on examining the evidence regarding the force of innovation in Europe and considering the cause and potential consequences of the current predicament. The third session examined the long-term implications of the evolution of Europe's ageing population for public and private pension provision, for capital markets, and for taxation and saving. Participants included Peter Jungen, Saifedean Ammous, Raicho Bojilov, Saskia Sassen, Juan Sola, Gylfi Zoega, David P. Goldman, Jean-Luc Schneider, Adam Bennett, John Muellbauer, Kalypso Nicolaidis, Paul Seabright, Eric Bartelsman, Ashok Gupta, Wolfgang Munchau, Colin Mayer, Andre Sapir, and Christian Thimann. 

Agenda

Europe and the World towards 2030

Chair: Professor Ian Goldin, Oxford Martin School 

Professor Goldin

Mr. Jean-Luc Schneider, OECD

Discussants: Mr. Wolfgang Munchau, Financial Times and Professor Andre Sapir, Bruegel

Innovation in Europe -- Facts, Causes, and Consequences 

Chair: Professor David Vines, Economics Department and Balliol College

FACTS: Professor Raicho Bojilov, Ecole Polytechnique 

Discussant: Professor Eric Bartlesman, Vrije University, Amsterdam

CAUSES: Professor Gylfi Zoega, University of Iceland; Birkbeck College, University of London and Professor Saifedean Ammous, Lebanese American University

CONSEQUENCES: Professor Edmund Phelps, Columbia University (an edited version of Phelps's remarks is available here

Discussant: Mr. David P. Goldman, Asia Times (an edited version of Goldman's remarks is available here

Capital Markets, Ageing, and Pensions

Chair: Mr. Adam Bennett, St. Antony's College

Dr. Christian Thimann, AXA

Mr. Ashok Gupta, Pensions and Lifetime Savings Association

Discussants: Professor John Muellbauer, INET at Oxford and Professor Colin Mayer, Said Business School 

The Future of Europe -- Roundtable Discussion 

Chair: Professor Kalypso Nicolaidis, St. Antony's College

Mr. Peter Jungen, Peter Jungen Holding GmBH

Professor Juan Sola, University of Buenos Aires

Professor Saskia Sassen, Columbia University

Professor Paul Seabright, Toulouse School of Economics 

Download the full agenda here.