PA 36/09 A member of the Bank of England’s Monetary Policy Committee (MPC) is due to speak at The University of Nottingham on the global economic downturn.
Dr Andrew Sentance, an external member of the MPC since October 2006, will hold a seminar on ‘The Current Financial Crisis: Causes and Consequences’ as a guest of the School of Contemporary Chinese Studies.
The seminar takes place on February 10 and will be hosted by the Vice-Chancellor, Professor David Greenaway. Dr Sentance is expected to draw on his experiences as a member of the MPC to explore the roots of the current crisis in the summer of 2007, and how its effects spread across the world’s major economies in Europe, Asia and the Americas. He will discuss the global impact of the downturn, and its likely consequences for economic prospects and policy-making.
In particular, he will focus on how the operation of a global and liberalised financial system can create volatility in the real economy, and the policy responses which might be required to limit this source of economic instability.
Dr Sentance is the latest member of the Monetary Policy Committee to speak at The University of Nottingham on the global economic downturn. In recent weeks both Mervyn King, Governor of the Bank of England, and Professor David Blanchflower have visited the campus to speak publicly on the issue.
The event forms part of the School of Contemporary Chinese Studies’ Seminar Series 2008-09.
Professor Shujie Yao, Head of School, said: “We’re delighted to welcome Dr Andrew Sentance to the School of Contemporary Chinese Studies for this important and timely seminar hosted by The University of Nottingham’s Vice-Chancellor, Professor David Greenaway. The seminar is open to everyone both within the University and externally and we look forward to an extremely lively debate!”
Dr Sentance is an external member of the Bank of England Monetary Policy Committee. Before joining the MPC in October 2006, he was Chief Economist and Head of Environmental Affairs at British Airways. Previous roles include Director of Economic Affairs at the CBI and Director of the Centre for Economic Forecasting at the London Business School.
Alongside his role on the MPC, he is a part-time Professor of Sustainable Business at Warwick Business School, where he is helping to develop a programme of research into the low carbon society. Andrew holds degrees in economics from Cambridge University and the London School of Economics. He is also a visiting professor at Royal Holloway, and a member of the Commission for Integrated Transport.
Entrance to the February 10 event is free. For more details see: