Is There a Growth Strategy for Central and Eastern Europe?

21  March 2013    9:00 am


Oesterreichische Nationalbank, Otto Wagner Platz 3, 1090 Vienna


The question central to this year’s conference reflects the worry about a return to growth and to convergence processes which characterized the situation in Europe with respect to the countries in Central and Eastern Europe before the ongoing economic crisis. The region currently experiences deleveraging processes associated with high private sector debt, reduced flows of foreign direct investment, a weak banking system, increased unemployment rates and restricted space for fiscal policy. The conference will address policy perspectives at the national and European levels to reinitiate sustainable growth in the region.

Keynote Speeches:

Gordon Bajnai
Former Prime Minister of the Republic of Hungary
EU – New Challenges and New Members

Gordon Bajnai is an adjunct professor at Columbia University, School of International and Public Affairs (SIPA) and a visiting fellow at Johns Hopkins University, School of Advanced International Studies (SAIS). He is also a senior adviser to the Center for Strategic International Studies (CSIS), the Washington-based think tank, and a member of the European Council on Foreign Relations (ECFR). In 2009-2010, Mr Bajnai served as the Prime Minister of the Republic of Hungary, leading the crisis management government as a non-partisan technocrat. Prior to this, from 2006 he was appointed a Government Commissioner in charge of the National Development Plan; then Minister of Local Government, and then Minister of National Development and Economic Affairs.

Debora Revoltella:
Director of Research, EIB
Financial Constraints on Economic Recovery in CESEE

Debora Revoltella is Chief Economist of the European Investment Bank since April 2011. Debora Revoltella holds a degree in Economics and a Master in Economics from Bocconi University, Milan, Italy and a PhD in Economics from the University of Ancona, Italy. Prior positions included Chief Economist for Central and Eastern Europe, UniCredit, financial economist at Banca Commericale Italiana and adjunct Professor in Macroeconomics at Bocconi University.

Other lectures:
Vasily Astrov, wiiw
Economic Situation in CESEE: Double-dip Recession behind, yet no Boom in Sight

Doris Hanzl-Weiss, Sebastian Leitner, Hermine Vidovic, wiiw
Slovenia, Slovakia, Estonia – Implications of Euro Membership

Michael Landesmann, Roman Stöllinger, wiiw
Industrial Policy for Growth

Sándor Richter, wiiw, Tamás Szemlér, Budapest Business School
EU Budget and its Role in Fostering Growth