Annual Conference ''Inflation is Back: How to Deal with It Under Heightened Uncertainties?'

On 27 October 2022, the Bank of Albania co-organises with the London School of Economics and Political Science (LSE) the Annual Conference: ''Inflation is Back: How to Deal with It Under Heightened Uncertainties?"

This conference is organised under the auspices of the Governor of the Bank of Albania, Mr Gent Sejko, and is attended by the Minister of Finance and Economy, Ms Delina Ibrahimaj, representatives from the Albanian Government and members of the Albanian Parliament. The conference is also attended by high-level representatives from other central banks, diplomatic corps in Albania, international financial institutions - such as the International Monetary Fund, the World Bank, the European Bank for Reconstruction and Development, representatives from the academia, the banking and financial systems, the media, and staff members of the Bank of Albania.

This is the 16th Annual Conference of the Bank of Albania and the third one co-organised with the London School of Economics and Political Sciences (LSE), among the top 10 universities in the world in the field of social, economic, political and international studies.

Organised in three sessions, conference proceedings were opened by the Governor of the Bank of Albania, Mr Gent Sejko; the Director of LSE’s Research on South East Europe, Professor Vassilis Monastiriotis; and the Minister of Finance and Economy, Ms Delina Ibrahimaj.

 

Information

 

• Programme of the Conference 
• Speakers Bios
• Photo Gallery

 

Welcome and opening addresses

 

• Welcome address by Gent Sejko, Governor, Bank of Albania
• Greeting speech by Delina Ibrahimaj, Minister of Finance and Economy 
• Welcome address by Professor Vassilis Monastiriotis, Director, LSE Institute of Global Affairs

 

Presentations according to the agenda

 

FIRST SESSION: Inflation is back - Reasons in advanced and emerging market economies & what central banks can do to tame it

• Inflation drivers and monetary policy normalization in the Euro Area

Birgit NIESSNER, Director, Economic Analysis and Research Department,
Oesterreichische Nationalbank (ESCB)

• The inflation comeback: global sources, local therapies?

Eduardo LEVY YEYATI, Dean, School of Government, Universidad Torcuato
Di Tella, Buenos Aires

• Key issues for monetary policy for emerging European economies

Charles ENOCH, Director of the Political Economy of Financial Markets,
St Antony’s College, European Centre Studies Fellow, University of Oxford

• The inflation wave of 2022 and its challenges: a practitioner’s experience

Luca MEZZOMO, Senior Director, Head of Macroeconomic Analysis, Research
Department, Intesa Sanpaolo

 

SECOND SESSION: Fighting inflation while expanding central bank responsibilities

• Moral hazard of expanding central banking mandates

Piroska NAGY-MOHÁCSI and Mario BLEJER, Visiting Professors, LSE

• Energy transition, climate change and monetary policy

Előd TAKÁTS, Rector, Corvinus University of Budapest and LSE

• Stress testing for climate change

Ralph SPITZER, Head of Stress Testing and Strategy Section, Oesterreichische
Nationalbank (ESCB)

• Macroprudential policies at the time of monetary policy tightening

Reiner MARTIN, Director and Head of Research, National Bank of Slovakia
(ESCB)

 

Press releases

 

• Bank of Albania organises the Annual Conference
• Bank of Albania Annual Conference: Conclusions