Venue:

The Crowne Plaza Hotel Rue De La Loi 107 Brussels

A new CEPR report that assesses competition and regulatory policy responses to the financial crisis
Authors: Thorsten Beck, Diane Coyle, Mathias Dewatripont, Xavier Freixas and Paul Seabright

Presented by
Thorsten Beck
CentER and EBC, Tilburg University and CEPR
Mathias Dewatripont
ECARES and CEPR

Thursday 22nd April 2010
(12.00 - 14.00)

Registration and light buffet from 12:00
Presentation and Discussion 13:00-14:00

The continuing crisis has been exceptional in its intensity and global reach. It began as a financial crisis and it became an all-out economic crisis, requiring a wide range of globally-coordinated policy responses: monetary and fiscal as well as regulatory responses, not to mention steps to avoid the trap of protectionism. Interventions by governments throughout Europe in favour of weak and failing banks have raised many concerns on the implications of these bailouts for competition and stimulated debate on the regulatory reforms necessary to deal more effectively in the future with such widespread need for intervention. The authors argue that competition policy is very important in times of crisis, but that the competition rules appropriate to the banking sector in such times are different from those that apply in other sectors.

A new CEPR report, Bailing out the Banks: Reconciling Stability and Competition, assesses two related aspects of the policy response to the unprecedented financial crisis, competition policy and financial regulation. It addresses both the effectiveness of the response to the current crisis, and the lessons that can be drawn in order to reduce the likelihood of future crises.

Registration is now CLOSED for this event.

Map and Directions Venue Locator

Other Meetings Meetings Diary

Contact Meetings Team