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Marrakesh Economic Festival

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11
9:00 am October 2023

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15
6:00 pm October 2023
Add to Calendar 2023-10-11 09:00:00 2023-10-15 18:00:00 Marrakesh Economic Festival Description Location Policy Center Policy Center Africa/Casablanca public

Location: Ouahat Sidi Brahim Circuit la palmeraie DAR Al Phosphate

The current times of uncertainty, of economic disruptions, of environmental emergency but also of geopolitics crisis has led to a fragmented and changing world in which the dynamics we have known for several years has now drastically changed becoming “more fragmented, more tensed, more on the edge and more under stress”.

World leaders may not agree on much these days – but many of them share the sentiment that the world is entering a critical decade in the contest for the future international order. Over the last three decades, businesses and governments around the world operated under the assumption that economic and financial globalization will continue apace. As the international order has come under strain in recent years, however, the concept of deglobalization – the delinking of trade and investment so– has increasingly gained traction with households, companies, and governments. National security and geopolitics are supplanting economics in shaping national and international interactions.  Central bankers around the world are called upon to deal with the repercussions of strategic economic relations on macroeconomic variables, inflation dynamics, monetary policy, financial stability and market infrastructures.

We suggest using the annual meetings of the IMF and the World Bank in October 2023, to be able to host a rich variety of programming with the goal of creating the spirit of a unique new Festival in which to host different parts of the program. Sessions and book talks will be organized during the week of the annual meetings. The session themes are listed hereafter. 

 

 

Wednesday, October 11, 2023

08:00 - 09:00 

Registration and Welcome Coffee

09:00 - 09:15 

Opening Remarks

Karim El Aynaoui, Executive President, Policy Center for the New South (PCNS)

Marc Uzan, Executive Director, Reinventing Bretton Woods Committee (RBWC)

09:15 - 10:00

Session 2: A High-level Conversation

Chair:

Arend Kapteyn, Global Chief Economist, UBS

Speakers:    

Michelle Bowman, Governor, Board of Governors, Federal Reserve System

Klaas Knot, Governor, De Nederlandsche Bank, Chair of the Financial Stability Board

10:00 - 10:15

Coffee Break

10:15 - 11:15

Session 3: A conversation: Morocco’s Quest for Stronger and Inclusive Growth

Speakers

Abdelaaziz Ait Ali, Head of Economic Research, Policy Center for the New South (PCNS)

Oumayma Bourhriba, Economist, Policy Center for the New South (PCNS)

Roberto Cardarelli, Chief of Mission to Morocco, International Monetary Fund (IMF)

11:15 - 11:30

Coffee Break

11:30 - 12:30

Session 4: Structural Change in The Global Economy and Its Meaning for Emerging Markets

Chair: Massimiliano Castelli, Head of Strategy, Global Sovereign Markets, UBS Asset Management

Speakers:    

Rashad Cassim, Deputy Governor, Reserve Bank of South Africa

Julio Velarde, Governor, Central Bank of Peru

Leonardo Villar, Governor, Central Bank of Colombia

Min Zhu, Vice Chairman, Centre for International Economic Exchanges (CIIE)

14:30 - 16:00

Session 5: Derisking the Global Financial and Trade System

Chair: Abdelaaziz Ait Ali, Head of Economic Research, Policy Center for the New South

Opening: Sara Burke, Senior Policy Analyst, Friedrich Ebert Stiftung, New York

Speakers:

Paola Subacchi, Professor of International Economics and Chair, Advisory Board, Global Policy Institute, Queen Mary University

Erik Berglof, Chief Economist, Asian Infrastructure Investment Bank (AIIB)

Ralph Ossa, Chief Economist, World Trade Organization

Shahin Vallée, Senior Fellow, Deutsche Gesellschaft für Auswärtige Politik (DGAP)

16:00 - 16:20

Coffee Break

16:20 - 17:35

Session 6: A Responsible Artificial Intelligence: Historical Context of Technological Change

Chair: Henning Vöpel, CEO, Centrum für Europäische Politik

Speakers:

Stefan Buijsman, Assistant Professor, Technische Universiteit Delft

Thursday, October 12, 2023

09:00 - 10:00

Registration and Welcome Coffee

10:00 - 11:30

Session 7: The New Trilemma of Macroeconomic Policy: Future Policy Responses

Chair: Arend Kapteyn, Global Chief Economist, UBS

Speakers:

Robert Holzman, Governor, Central Bank of Austria

Huw Pill, Chief Economist, Bank of England

Chiara Scotti, Senior Vice-President, Federal Reserve Bank of Dallas

Axel Weber, President, Center for Financial Studies

11:30 - 11:50 Coffee Break

11:50 - 13:15

Session 8: Europe: Competitiveness, Macroeconomic Challenges and Global Competition

Chair: Debora Revoltella, Chief Economist, European Investment Bank (EIB)

Speakers:

Paolo Gentiloni, Commissioner, Economic Affairs, European Commission (EC)

Boštjan Vasle, Governor Central Bank of Slovenia

Boris Vujčić, Governor, Central Bank of Croatia

14:45 - 16:15

Session 9: New Payment Infrastructures

Chair: Andrew Torre, Regional President for Central Europe, Middle East and Africa, Visa

Speakers:

Marouane El Abassi, Governor, Central Bank of Tunisia

Andreas Dombret, Global Senior Advisor, Oliver Wyman

Róger Madrigal López, Governor, Central Bank of Costa Rica

Mamo Mihretu, Governor, National Bank of Ethiopia

16:15 - 16:30

Coffee Break

16:30 - 18:00

Session 10: Central Bank Digital Currencies in Practice

Chair: Ousmène Mandeng, Advisor, Accenture

Speakers:

John Rolle, Governor, Central Bank of The Bahamas

Wolfram Seidemann, CEO at Giesecke+Devrient Currency Technology

Leong Sing Chiong, Deputy Managing Director, Monetary Authority of Singapore

Cecilia Skingsley, Head of the Innovation Hub, Bank for International Settlments (BIS)

Friday, October 13, 2023

 

Session 11: Financing for Development: What Comes next

14:00 - 15:15

Climate Finance

Chair: Masood Ahmed, President, Center for Global Development (CGD)

Speakers:

Niels Annen, Parliament State Secretary, Ministry of Economic Cooperation, Germany

Michael Hugman, Director, Climate Finance, Climate Children's Investment Fund Foundation

Avinash Persaud, Advisor, Prime Minister of Barbados

Mattia Romani, Partner, Systemiq

Vera Songwe, Chair, Liquidity and Sustainability Facility

Mark Suzman, CEO, Bill and Melinda Gates Foundation

15:15 - 15:40

Coffee Break

15:40 - 17:00

Development Finance

Chair: Kalpana Kochhar, Director, Development Policy and Finance, Bill and Melinda Gates Foundation

Speakers:

Karim El Aynaoui, Executive President, Policy Center for the New South (PCNS)

Hanan Morsy, Deputy Executive Secretary and Chief Economist, United Nations Economic Commission for Africa (UNECA)

Papa Amadou Sarr, Executive Director, Mobilisation Partnerships and Communication, Agence Française de Développement

Daouda Sembene, CEO, Africa Catalyst

Joseph E. Stiglitz, Professor of Economics, Columbia University

17:00 - 17:15 Coffee Break
17:15 - 18:45

Session 12 Sovereign Debt Distress in the Global South

Chair
Jorgelina A. do Rosario, Emerging Market Correspondent, Thomson Reuters

Speakers

Barry Eichengreen, Professor of Economics, University of California Berkeley

Martin Guzmán, Co-President, Initiative for Policy Dialogue, Columbia University

Nandalal Weerasinghe, Governor, Central Bank of Sri Lanka

19:00 - 21:00

Dinner Lecture  ( By invitation only )

Lecturer: Joseph E. Stiglitz, Professor of Economics, Columbia University

Sunday, October 15, 2023

08:30 - 09:00

Welcome Coffee

09:00 - 12:15 Special Roundtable Sovereign Debt Distress in the Global South

09:00 - 12:15

Closed-Door Roundtable

Reza Baqir, Managing Director, Alvarez & Marsal

Mirco Bulega, Portfolio Manager, ExodusPoint Capital

Sara Burke, Senior Policy Analyst, Friedrich Ebert Stiftung, New York

Hamouda Chekir, Director, Lazard Sovereign Advisory

Maia Colodenco, Senior Advisor, Suramericana Visión

Ishac Diwan, Director of Research, Finance for Development Lab (FDL)

Karim El Aynaoui, Executive President, Policy Center for the New South (PCNS)

Mark Flanagan, Deputy Director, Strategy, Policy and Review Department, International Monetary Fund (IMF)

Anna Gelpern, Scott K. Ginsburg Professor of Law and International Finance, Georgetown University

Martin Guzmán, Co-President, Initiative for Policy Dialogue, Columbia University

Michael Hugman, Director, Climate Finance, Climate Children's Investment Fund Foundation

Mark Joy, Senior Economist, Bank of England

Martin Kessler, Executive Director, Finance for Development Lab

Arend Kulenkampff, Director, Sustainability-linked Sovereign Debt Hub

Theo Maret, Advisor, Senior Research Analyst, Global Sovereign Advisory (GSA)

Chiara Mariotti, Associate Director, Open Society Foundation

Brian O’Callaghan, Lead Researcher and Project Manager, Oxford Economic Recovery Project

Nouriel Roubini, Professor Emeritus, NYU Stern School of Business

Brad Setser, Senior Fellow, Council on Foreign Relations (CFR)

Joseph E. Stiglitz, Professor of Economics, Columbia University

Dominique Strauss Kahn, Former Managing Director, IMF

Paola Subacchi, Professor of International Economics, Global Policy Institute, Queen Mary University

Marc UzanExecutive Director, Reinventing Bretton Woods Committee (RBWC)

Anahi Wiedenbrüg, Senior Advisor, Suramericana Visión

Rogerio Lucas Zandamela, Governor, Central Bank of Mozambique

Deborah Zandstra, Partner in Capital Markets, Clifford Chance LLP

 

 

To attend this event, please register here