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Finance and Inclusive Growth: A lecture by OECD Chief Economist Catherine L. Mann: London on 17 June at 2 p.m.
09/06/15-Finance is a vital ingredient for economic growth, but new OECD research suggests that different types of finance can have varying, and oftentimes negative effects on growth and inequality.
The OECD report, How to restore a healthy financial sector that supports long-lasting, inclusive growth? shows that credit from banks and other institutions to households and businesses has grown three times as fast as economic activity over the past 50 years. Can there be too much credit? And how big a role can credit play in future economic growth and the battle against inequality?
OECD Chief Economist Catherine L. Mann will discuss these issues during a public lecture hosted by Bloomberg in London on 17 June, from 2:00 pm (GMT) (City Gate House, 39-45 Finsbury Square, London EC2A 1PQ.)
The lecture, which is open to the media, will discuss the best policy responses to ensure both a healthy financial sector and strong and equitable growth. It will highlight new analysis undertaken at the OECD, notably as part of a wider Organisation-wide project on New Approaches to Economic Challenges.
Adair Turner, senior fellow at the Institute for New Economic Thinking and former Chairman of the Financial Services Authority, and Jamie Murray, Bloomberg’s chief economist for the EMEA region, will join a panel discussion following Ms Mann’s lecture.
The OECD report will be released at 3.30 p.m. Paris time (2:30 p.m. GMT) on Wednesday 17 June 2015. To register for the London lecture, to request a copy of the report under embargo, or for further information, journalists should contact Lawrence Speer in the OECD Media Division (tel. + 33 1 45 24 97 00).
09/06/15-Finance is a vital ingredient for economic growth, but new OECD research suggests that different types of finance can have varying, and oftentimes negative effects on growth and inequality.
The OECD report, How to restore a healthy financial sector that supports long-lasting, inclusive growth? shows that credit from banks and other institutions to households and businesses has grown three times as fast as economic activity over the past 50 years. Can there be too much credit? And how big a role can credit play in future economic growth and the battle against inequality?
OECD Chief Economist Catherine L. Mann will discuss these issues during a public lecture hosted by Bloomberg in London on 17 June, from 2:00 pm (GMT) (City Gate House, 39-45 Finsbury Square, London EC2A 1PQ.)
The lecture, which is open to the media, will discuss the best policy responses to ensure both a healthy financial sector and strong and equitable growth. It will highlight new analysis undertaken at the OECD, notably as part of a wider Organisation-wide project on New Approaches to Economic Challenges.
Adair Turner, senior fellow at the Institute for New Economic Thinking and former Chairman of the Financial Services Authority, and Jamie Murray, Bloomberg’s chief economist for the EMEA region, will join a panel discussion following Ms Mann’s lecture.
The OECD report will be released at 3.30 p.m. Paris time (2:30 p.m. GMT) on Wednesday 17 June 2015. To register for the London lecture, to request a copy of the report under embargo, or for further information, journalists should contact Lawrence Speer in the OECD Media Division (tel. + 33 1 45 24 97 00).
9 June 2015
