DG ECFIN's Annual Research Conference 2010

The global financial crisis and its fall-out reignite the debate about the role for governments and markets. The systemic failure in financial markets has shattered fundamental beliefs in the ability of markets to deliver macro-economic stability and growth, while prompting government intervention at an unprecedented scale. Maintaining open markets, sustaining economic and financial stability, and ensuring socially inclusive societies in the post-crisis world calls for new approaches to the governance of markets between the extremes of free-market fundamentalism and government interventionism. The conference will explore such new set-ups in areas such as the architecture of financial systems, international trade and exchange rate regimes, intra-EU adjustment mechanisms, and the design of modern welfare state arrangements.