The International Conference – National Perspectives in a Global Economy: Rethinking State Capacities, Public Policies and the Brazilian Crisis

Rio de Janeiro, Brazil
December 7-9, 2016

The International Conference – National Perspectives in a Global Economy: Rethinking State Capacities, Public Policies and the Brazilian Crisis – aims to rethink the role of the State, their capacities and public policies in the globalized capitalism, in crisis context, and the challenges and perspectives the national economies must confront, specially the Latin-American countries.

The main issues for the debate are:

  • Reconfiguring and Redeeming the Role of the State;
  • Sustainability in a Fragile Political Scenario: Challenges and Opportunities;
  • National Perspectives in a Global Economy: Rethinking State Capacities
  • Politics and Social Policies under the State Crisis;
  • Macrofinancial Stability and Development Policies: Lessons from Brazilian Crisis;
  • Financing Development: Rethinking the Public-Private Mix;
  • Innovation Policies and Technological Frontier in Agriculture and Industry; – Science, Technology and Innovation Policies: Towards Knowledge Governance;
  • Reconfiguring and Redeeming the Role of the State in the Globalized Capitalism: Environment, Welfare and Policies; Rethinking State Capacities; Finance, Technology and Social Impact.

 

Read more about the speakers and the program at the conference's website here

Financial Instability, Austerity and Economic Progress: China as the Mirror Image of the Eurocrisis

Boston, USA
April 14, 2016

The world economy has remained unstable since the global financial crisis of 2008.  The new epicenter of the crisis has been in the Eurozone, while China has arisen to become a new source of global growth. China too however, is now experiencing a new era of economic transition and instability.  Conventional methods have struggled to make sense of these phenomenon and have thus been lacking in terms of offering coherent policies for stability and recovery.  In this panel, three distinguished economists from across the world will share alternative analyses of stability and recovery in China and Europe in order to help us get a better understanding of some of the most core issues in the world economy. Rather than drawing on conventional economic approaches, these economists will look at the crises through the lens of such such economists as Hyman Minksy, Josef Schumpeter, Ragnar Nurkse, and more—groundbreaking economists that have fallen out of favor in the United States.

Speakers:

Leonardo Burlamaqui, Professor of Economics, State University of Rio De Janeiro, Brazil and Head of Research at MINDS

Rainer Kattel, Professor, Ragnar Nurkse School of Innovation and Governance, Estonia

Sunanda Sen, Levy Economics Institute

 

Read more here.

Regulation and Stability in Brazil: New Perspectives

Columbia Law School, NY, USA
April 11, 2016

This seminar organized by Modern Money Network will explore the legal, political, and architectural challenges of building institutions that promote capital development without spurring instability or crisis. Presentations will focus on the case study of Brazil. Questions to be addressed include:

  • What are the current macroprudential and regulatory challenges facing emerging market economies, particularly Brazil?

  • How do development and financial stability goals intersect, and what policies have been advanced in the Brazilian context to address these dual concerns?

  • What are the institutional capacities and limits on fiscal and monetary policy in the Brazilian context?

  • What role do currency swap arrangements play in promoting financial stability for emerging market economies?

Confirmed Speakers include MINDS' Head of Research Dr. Leonardo Burlamaqui and MINDS' Research Fellow and Project Director Felipe Rezende.

Check the Seminar's Website here for more information and resources.

The Spectre of Stagnation? Europe in the World Economy

Berlin, Germany
October 22-24, 2015

While the Great Financial Crisis has left its mark almost everywhere in the world economy, its regions have taken different paths in the aftermath. Europe, in particular, still suffers a prolonged slump with mass unemployment and outright deflation posing a threat to political and social stability of the European Union. Is stagnation the new normal for Europe? Why did some parts of the world recover faster after the crisis, while others did not? Are their paths economically, ecologically and socially sustainable or do they only mask a general trend towards stagnation? The conference discussed theoretical and empirical aspects as well as policy options. It also dealt with the implications of these developments for the economics curriculum.

During the three days of the conference organized by Macroeconomic Policy Insitute (IMK) at the Hans-Boeckler-Foundation, Research Network Macroeconomics and Macroeconomic Policies (FMM), more than 350 participants engaged in the discussions with the presenters of about 140 selected papers in parallel sessions and 9 keynote presentations. 

Go to the Conference Website to see Videos and Slides of the Presentations.

Check the Program here.

 

 

The Role of the State in the 21st Century: challenges for public management

Brasilia, BR
September 3-4, 2015

The Brazilian National School of Public Administration (Enap) and the Ministry of Planning, Budget and Management of Brazil (MP) are jointly promoting, on September 3rd and 4th, 2015, the International Seminar “The Role of the State in the 21st Century: challenges for public management”.

Governmental leaders and national and international thinkers engage in a series of debates about the future of the State and the challenges posed to its leaders to improve public management as a catalyst tool for the development of nations. The event is targeted at  managers and high-ranking executives of the public administration, business leaders, academics and researchers. The objective is to foster debates on entrepreneurship, sustainability, innovation and governance.

Go to the Conference Website.

Check the Program here.

You can download Papers and Presentations here.

Japan Conference on Financial Institutions for Innovation and Development

Ritsumeikan University, Japan
July 30-31, 2015

The project on financial Institutions for innovation and development (FIID) studies the types of financial institutions that support innovation at the level of the business enterprise, and the implications for stable and equitable growth in the economy as a whole. By generating higher quality, lower cost products, innovation creates the possibility for growth in per capita incomes. That growth, however, may be unstable over time and inequitably distributed across the population. Much depends on the relation between the productive economy, in which value is created, and the financial economy, in which value is extracted. A prime challenge for policy-makers concerned with economic development is to structure financial institutions so that they support innovation in ways that contribute to stable and equitable growth.

Go to the Conference Website for Bios, Program, Background Papers and Presentations


Banking, Financial Instability and Financial Governance in Brazil: Present Questions and Future Prospects

São Paulo, Brazil
July 24 2015

In July 24, the Multidisciplinary Institute for Development and Strategies (MINDS) will gather top policymakers, economists, and analysts at the FORD-MINDS Conference on Banking, Financial Instability, and Financial Governance in Brazil to discuss the structure of Brazil’s financial system to ensure stability for a growing and equitable economy. The conference, is being organized by MINDS with support from the Ford Foundation.

Participants include Speaker Nelson Barbosa, Minister, Planning, Budget and Management (MPOG); Jan Kregel, Senior Scholar, Levy Institute, and Professor, Tallinn University of Technology; Isaac Sidney Menezes Ferreira, Attorney General, Central Bank of Brazil; Pablo Santos, Deputy Secretary for Economic Policy, Ministry of Finance, Brazil; Marcelo Nascimento, Department Chief, Economic Research Area, The Brazilian Development Bank (BNDES); Ernani Teixeira, Professor of Economics, Federal University of Rio de Janeiro; Marcelo Carvalho, Chief economist at  BNP Paribas; Camila Duran, Assistant Professor, Department of Legal Philosophy and Legal Theory, University of São Paulo; Daniela Magalhães Prates, Professor of Economics at the Institute of Economics of the State University of Campinas; Harley Scardoelly, CFO and head of investor relations, Gerdau; Nelson Marconi, Professor, Fundação Getulio Vargas (FGV/EESP); Felipe Rezende, Professor of Economics, Hobart and William Smith Colleges and Research Fellow at MINDS; Leonardo Burlamaqui, Professor of Economics at the State University of Rio de Janeiro.

The conference will address, among other issues, the destabilizing effects of stability on financial structures and the need to redesign the regulatory structure to continually meet its objectives of financial stability and in providing finance for development. It will discuss policies for reforming Brazil’s financial architecture to increase systemic stability as well as the ability to provide funding for development and financing for innovation by private financial institutions and the public financial system.

Register here.

Check the conference program here.

Check th background papers for the Conference here

Go to the Conference Website.

Illicit Financial Flows in Brazil: A Hidden Resource for Improving Prosperity and Economic Stability

JW Mariott Hotel - Av. Atlântica 2600, Copacabana - Rio de Janeiro - Brazil
September 9, 2014

Based on a forthcoming GFI study about illicit financial flows in Brazil, this joint one-day conference in Rio De Janeiro will include discussions and keynote remarks from local and international experts on the nature of Brazil’s illicit financial flows, and how and why curtailing these flows should be a priority for Brazil’s next government.

Go to the event's website.

Register here.

Mission-Oriented Finance for Innovation

London, UK
July 22-24, 2014

The role of the state in modern capitalism has gone beyond fixing ‘market failures’. Those regions and countries that have succeeded in achieving ‘smart’ innovation-led growth have benefited from long-term visionary ‘mission-oriented’ policies — from putting a man on the moon to tackling societal challenges such as climate change and the well-being of an ageing population. In addressing these missions, public sector agencies have led the way, investing along the entire innovation chain and courageously  defining new high-risk directions. Traditional cost-benefit analysis and market failure justifications would have halted these investments from the start. No internet, no biotech, no nanotech. And today no clean-tech.

To fulfill this mission-oriented function, state agencies — from DARPA in the US to the China Development Bank — have been willing to welcome failure and tackle extreme uncertainty. How do they do it? What are the challenges ahead? Should government step back, or step up? And how can we socialize both risks and rewards so that economic growth is not only ‘smart’ but also ‘inclusive’?

Such investments would not lead to commercialization without a private sector able and willing to engage along the innovation chain. Is financialization putting such engagement under threat? If so, how can innovation policy also promote de-financialization?

The conference is organized by Professor Mariana Mazzucato (SPRU, University of Sussex, UK) as part of the Financing Innovation INET research grant, with Professor Randall Wray (UMKC & Levy Institute, USA). The event is sponsored by the Brazilian Development Bank (BNDES), the Institute for New Economic Thinking (INET), the Ford Foundation, and the Brazilian Ministry of Science, Technology and Innovation (MCTI).

Go to the event's website.

The present and the future of Development Financial Institutions

BNDES, Rio de Janeiro
July 28-29, 2014

Development Financial Institutions (DFIs) are of strategic importance for countries at any stage of development, in moments of stability and crisis. Core mandates of different DFIs is associated with fostering sustainable development, in a wide array of economic activities, not in opposition but rather complementing private financing institutions. As history shows, in "stable" times, the capital formation  of national economies is a key task of development institutions. During “crises”, their countercyclical role comes into play. If emerging sovereign wealth funds and a whole host of public venture capital agencies are brought into the picture, a ” new financial deal” where development financial institutions are becoming key players seems to be taking place post 2007.

In order to deepen the discussion on those issues, MINDS, a Brazilian independent think tank, is proposing a two day workshop for a though discussion on the nature and challenges for these institutions, their contribution to development and what their future prospects may be. The workshop is supported by The Brazilian National Development Bank (Major Sponsor) and Caixa Econômica Federal (Sponsor).

Go to the event's website.

Financial Governance for Innovation and Social Inclusion

London, UK
November 25-26, 2013

The workshop brings together international economists, whose research is funded by the Ford Foundation on issues related to “Reorienting Financial Reform” and “Re-shaping Financial Institutions for Innovation and Development” - under the Reforming Global Financial Governance iniciative of the Ford Foundation.

Go to the event's website.

Financial Governance After the Crisis - Minsky Rio

Everest Hotel - Rio de Janeiro
September 26-27, 2013

This conference is funded by the Ford Foundation’s initiative on Reforming Global Finance and co-organized by the Levy Economics Institute of Bard College and MINDS. The event is part of the Levy Institute’s global research agenda and in conjunction with the Ford Foundation-Levy Project on Financial Instability and the Reregulation of Financial Institutions and Markets, which draws on Hyman Minsky’s extensive work on the structure of financial governance and the role of the state.

Among the key topics the conference will address are: designing a financial structure to promote investment in emerging markets; the challenges to global growth posed by continuing austerity measures; the impact of the credit crunch on economic and financial markets; and the larger effects of tight fiscal policy as it relates to the United States, the eurozone, and the BRIC countries. See the conference program.

Click here to see the papers and presentations discussed at the event.

Check-out a video clip of the conference and interviews with some of the speakers.

Global Economic Crisis, Developing Countries and Policy Responses

BNDES - Rio de Janeiro
August 8, 2013

This conference will discuss the implications of the global economic crisis for developing countries and the prospects of South-South cooperation. It aims at undertaking a review of the prospects for the South and for policy options in the current global context and to identify possible ways forward. See the conference program.

The event is jointly organized by MINDS and the South Centre under the common purpose of both entities on promoting the interests of developing countries.

Click here to see the papers and presentations discussed at the event.

Financial Institutions for Innovation and Development

BNDES - Rio de Janeiro
June 27-28, 2013

This conference will examine the experiences of the United States, China, and Brazil in terms of development and innovation policies. Besides sessions on each nation, the conference will include a comparative session on financial regulation and industrial policy and a concluding session on policy challenges for innovation and development. See the conference program.

This event is co-organized by MINDS and the researcher William Lazonick that, like MINDS, develops researches on Financial Institutions for Innovation and Development under the Ford Foundation iniciative on Reforming Global Financial Governance.

Click here to see the papers and presentations discussed at the event.

New Economic Thinking, Teaching and Policy Perspectives - A Brazilian Perspective within a Global Dialogue

BNDES - Rio de Janeiro
November 7-9, 2011

Organized by the Ford Foundation and MINDS, the conference’s goal is to combine “thinking outside the box” with “looking outside the box” in the sense of developing new analytical frameworks. In the view of both organizers, the crisis is a unique opportunity to reframe the thinking and the narrative, especially in economics, that contributed to the current state of affairs.

The event will address the continuing impact of the financial-turned-fiscal crisis and highlight the importance of the BICs countries, plus some other G20 members, in weathering it and pushing for a new “policy and institutional compact”. In this way , it aims at contributing to broaden the international dialogue on three fronts: new thinking, teaching experiences and designing new curricula, as well as crafting and implementing more effective and socially responsible policy mixes. See the conference program.

Click here to see the papers and presentations discussed at the event.