Events organized by Ferdi, alone or in cooperation

Financial Volatility, Macroprudential Regulation and Economic Growth in Low-Income Countries

Conference organised by the Center for Growth and Business Cycle Research (University of Manchester), the Foundation for Studies and Research on International Development (FERDI) and the OCP Policy Center

Financial Volatility, Macroprudential Regulation and Economic Growth in Low-Income Countries

 
Wednesday October 18th 2017
OCP Paris - 19 rue Hamelin, 75116 Paris
 

The Center for Growth & Business Cycle Research at the University of Manchester, along with the Foundation for Studies an Research on International Development  (FERDI) and the OCP Policy Center, are co-organizing a high-level conference on Macro-Prudential Regulation in Sub-Saharan Africa, taking place on Wednesday October 18th 2017 in Paris, France.

The conference will be an opportunity for the contributions of the ESRC-DFID project to be presented and discussed. The project in question was focused on the theoretical and empirical study of interactions between financial volatility, prudential regulation, and economic growth in sub-Saharan Africa.

Under the supervision of Professor Pierre Richard Agenor, Senior Fellow at the OCP Policy Center, the project was launched on September 2014 with the goal of answering, among others, the following essential questions, how can financial volatility affect growth in the long-run? And what macro-prudential initiatives negatively affect growth in the long-run due to the risk-taking nature of such regulations?

To answer these questions, experts and officials from renowned organizations such as (but not limited to) the IMF, the World Bank, and the OCDE will take part in the conference and engage in a lively discussion on the learnings and results of the project.

Registration : ihssane.guennoun@ocppc.ma

 

Publications on the issue :

  • Chauvet, L., Ferry, M., Guillaumont, P., Guillaumont Jeanneney, S. , Tapsoba, S. J-A., and Wagner, L. (2016) "Volatility Widens Inequality. Could Aid and Remittances Help?" Ferdi Working paper  P158, juillet 2016 (revised version : April 2017)

9:00 - 9:15 / Welcoming address
  • Karim El Aynaoui (OCP Policy Center),
  • Pr. Pierre-Richard Agénor (Manchester) and Pr. Patrick Guillaumont (FERDI)
 
9:15 - 9:30 / Opening
  • Luiz Pereira da Silva (Banque des règlements internationaux)
  •  
9:30 - 10:15 / Session 1: Macroprudential regulation, financial stability and growth: What is at stake?
  • Pr. Pierre-Richard Agénor (Manchester)
  •  
10:15 - 11:00 / Session 2: Capital flows, volatility and growth in developing countries
  • Dr. Patrick Plane (CNRS-CERDI)
  •  
11:20 - 12:05 / Session 3: Volatile capital flows and economic growth: The role of macro-prudential regulation
  • Dr. Neanidis (Manchester)
  •  
12:05-14:00 Lunch
 
14:00 - 14:45 / Session 4 : Information sharing, credit booms, and financial stability
  • Dr. Florian Léon (University of Luxembourg)
  •  
14:45 - 15:30 / Session 5 : Macroprudential policies in the WAEMU: State-of-Art and suggestions
  • Dr. Samuel Guérineau (CERDI)
  •  
15:50 - 17:30 / Round table : Lessons for macroprudential regulation in Sub-Saharan Africa
Diane Coyle (Manchester), Pr. Patrick Guillaumont (FERDI), Ousmane Samba Mamadou (BCEAO) (tbc), Bruno Cabrillac (Banque de France), Karim El Aynaoui (OCP Policy Center).

Closing session: Pr. Pierre-Richard Agénor (Manchester)