Past Event

Growing Pains: growth-promoting policies and macroeconomic stability

Policy reforms aimed at boosting long-run growth often have side effects – positive or negative – on an economy’s vulnerability to shocks and their propagation. Macroeconomic shocks as severe and protracted as those since 2007 warrant a reconsideration of the role growth-promoting policies play in shaping the vulnerability and resilience of an economy to macroeconomic […]

Date: Feb 6 - Topic:

Policy reforms aimed at boosting long-run growth often have side effects – positive or negative – on an economy’s vulnerability to shocks and their propagation. Macroeconomic shocks as severe and protracted as those since 2007 warrant a reconsideration of the role growth-promoting policies play in shaping the vulnerability and resilience of an economy to macroeconomic shocks. Against this background, the paper to be presented at this event looks at the array of OECD policy recommendations that promote long-term growth – contained in Going for Growth and the Economic Outlook – and assesses whether they underpin macroeconomic stability or whether there is a trade-off.

Speakers

  • Douglas Sutherland, Senior Economist and head of US/Iceland desk, Economics Department, OECD
  • Dicussant: Zsolt Darvas, Research Fellow, Bruegel
  • Chair: Guntram Wolff, Director of Bruegel

Event materials

Event summary Download

OECD Economic Policy paper by Douglas Southerland and Peter Hoeller: Growth Policies and Macroeconomic stability Download

OECD Policy Note: How do Growth Prmoting Policies Affect Macroeconomic Stability English Download / French Download

Presentation by Peter Sutherland Download

Practical information

  • Venue: Bruegel, Rue de la Charité 33, 1210 Brussels
  • Time: Thursday 6 February 2013, 13.10 – 15.00 (Lunch will be served at 13.10 and the event will begin at 13.40)
  • Contact:Matilda Sevón, Events Coordinator – matilda.sevon[at]bruegel.org