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Annual Research Conference on Economic Policies during Wartime and Post-War Recovery organized jointly by the National Bank of Ukraine and Narodowy Bank Polski.
The full-scale russian invasion of Ukraine on 24 February 2022 has resulted in huge human losses and massive economic damage. Through its targeted destruction of public infrastructure and private capital, russia has damaged the foundation of Ukraine’s economy still reeling after the COVID19 pandemic. The ensuing internal displacement and emigration further reinforce the loss of productive capacity. Swift action by key policy institutions and international support have limited and partially reversed the negative effects of war. Much work remains to be done to restore the long-term potential of the Ukrainian economy while rebuilding damaged cities and communities.
The 7th Annual Research Conference jointly organized by the National Bank of Ukraine (NBU) and Narodowy Bank Polski (NBP) will focus on the design and implementation of policies to support the economy during the war and to facilitate recovery after the war. Considering a broad range of topics, from monetary policy and financial stability tradeoffs in a period of long and persistent shocks to optimal communication and FX market interventions to interactions of fiscal and monetary authorities, the event will explore various policy designs and their associated long-term costs and benefits.
The two-day event, taking place in Kraków (Poland), will feature keynotes, policy panels and presentations of research papers in a blended online/onsite format.
Confirmed keynote speakers are Boris Vujčić, Governor of the Croatian National Bank, and Barry Eichengreen, the George C. Pardee and Helen N. Pardee Professor of Economics and Professor of Political Science at the University of California, Berkeley.
The organizing committee invites submissions in the following areas (non-exhaustive):
- Post-war development: optimal governance and allocation
- The optimal fiscal-monetary mix in response to energy and food prices shocks in postpandemic world: short term stability vs. long term growth
- Growing government debt levels: a threat of fiscal dominance?
- Monetary policy regimes in a post-war environment: inflation targeting or else?
- New dimensions of policy: regional and urban regeneration
- Role of new technologies in rebuilding financial markets
- Optimal design and macroeconomic consequences of economics sanctions
- Central bank logistics and operations: ensuring payments in a war theater
- Monetary and fiscal announcements in a hostile environment
- Structural changes during the war: effects of emigration and firm relocation
- Liquidity management and market interventions (focus on FX)
- War induced energy and food price shocks: regional and global spillovers
Academic committee:
- Yuriy Gorodnichenko, University of California, Berkeley (chair)
- Beata Javorcik, EBRD, University of Oxford
- Oleksiy Kryvtsov, Bank of Canada
- Krzysztof Makarski, Narodowy Bank Polski
- Jacek Suda, Narodowy Bank Polski
- Solomiya Shpak, National Bank of Ukraine
- Mihnea Constantinescu, National Bank of Ukraine
Important dates:
Papers submission deadline: 15 March 2023 (12 pm EET)
Authors of accepted papers will be notified by 31 March 2023
How to apply:
We invite authors to submit papers by email to conference@bank.gov.ua, using as email subject ARC2023 NameOfPaper NameFirstAuthor. No submission fee is charged.
Kraków , Poland
