CER podcast: The global recovery from the pandemic: How can we get it right this time?

Centre for European Reform podcast

Centre for European Reform

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4.8 • 53 Ratings

🗓️ 11 November 2020

⏱️ 27 minutes

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Summary

This week's CER podcast is the first of five episodes released in conjunction with the CER's annual economics conference, usually hosted at Ditchley Park but this year held as a webinar series. The CER's chief economist Christian Odendahl speaks to Megan Greene, senior fellow at Harvard Kennedy School, about her thoughts on the post-COVID global recovery. They also discuss the comments from event speakers Olivier Blanchard, of the Massachusetts Institute of Technology; Catherine L Mann, global chief economist at Citi; Elina Ribakova, deputy chief economist at the Institute of International Finance; and Maarten Verwey, the European Commission's Director-General for economic & financial affairs. Produced by Rosie Giorgi Music by Edward Hipkins

Transcript

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0:00.0	From the Center for European Reform, this is the CER podcast.
0:04.2	Poson us seriously the question of the
0:06.0	future that we want, and we all
0:08.2	all together, the courage to it construct.
0:10.6	For us in Germany, is the
0:12.0	Bekenness to the European Europe,
0:14.1	a part of our state's resolve.
0:15.7	A strong united Europe is a necessity for the world
0:17.9	because an integrated Europe remains vital to our
0:20.2	international order. This is the moment for the world because integrated Europe remains vital to our international order.
0:21.6	This is the moment for Europe to lead the way towards a new vitality.
0:26.6	Hello and welcome to this episode of the CR podcast. This podcast is part of a five-part series from our annual digital conference. Of course this year the conference
0:39.3	could not happen in physical form. It happens virtually over five weeks, bringing people
0:45.4	together to discuss the most important economic and political topics of the year.
0:52.7	The first session in this series of digital sessions was on the recovery
0:57.3	from this pandemic and we asked how can we get it right this time. We asked Catherine Mann
1:03.9	from City, Oliver Blanchard from the Peterson Institute, Alina Rybakova from the
1:08.8	IIF and Martin Verve from the European Commission to help us answer that question.
1:14.6	Here's what Catherine Mann said, looking back at the recovery from the Great Financial Crisis or GFC for short.
1:20.6	What were the previous mistakes? What kinds of things can we point to as previous mistakes that we would like to be able to avoid? And the question is, are we going to be, are we avoiding it?
1:30.8	So of course, the first previous mistake that we have to address is that policymakers, after
1:36.4	the global financial crisis, took their time in coming up with a policy response.
	...

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