Lecture in TTÜ by the Director of the IMF Europe Office
Mr Jeffrey Franks, the Director of the IMF Europe Office will give an open lecture on the topic Economic Prospects For The Euro Area: Towards a Lasting Recovery? The event takes place on Wednesday, on 13 September 2017 from 11:30-12:30 in room SOC-414.
Department of Economics and Finance is looking forward to everyone's attendance and active participation.
Economic Prospects For The Euro Area: Towards a Lasting Recovery?
The Director of the IMF’s Europe Office, Jeffrey Franks, will present the IMF’s view on the economic outlook and challenges for the euro area, as well as recent research on convergence of euro area member states. The recovery of the euro zone has strengthened and broadened over the past year, but important policy challenges remain to boost growth potential and ensure that the fruits of growth are more widely shared. Differences in growth rates across countries at their lowest level since the launch of the euro in 1999, but there is still a lack of convergence in income levels among countries, the hurdles of high public debt in some states, and the need to reduce imbalances that built up before the crisis. The more favorable political and economic context provides an opportune moment for addressing these challenges and advancing much-needed reforms.
Jeffrey Franks is the Director of the IMF Europe Office and Senior Resident Representative to the European Union since March 2015. Previously, he spent nearly 3 years as mission chief for Pakistan. A 24 year veteran of the Fund, he has held numerous other assignments working mainly on Europe and Latin America, including heading the resident offices in Ukraine and Ecuador, and leading teams on Romania, France, Belgium, and Paraguay. He received his Ph.D. in Political Economy and Government from Harvard, and has Master’s degrees from Princeton and Oxford universities.
For further information please contact Eva Laura Auling, e-mail: eva dot auling at ttu dot ee, Phone: +372 6204057.