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Euro at Five

The proceedings of this conference were published in
The Euro at Five: Ready for a Global Role? Special Report 18
(Institute for International Economics, 2005).

Program of Events
February 26, 2004

8:45–9:00 am Welcome and Introduction
   


Opening Address: Euro at Five
Guenter Burghardt, Ambassador
European Commission Delegation to the
United States

     
9:00–10:30 am   The Euro and the Dollar: Toward a "Finance G-2"?

 


Paper: The Euro and the Dollar:
Toward a "Finance G-2"?

C. Fred Bergsten, Director
Institute for International Economics

Discussants
Randal Quarles, Assistant Secretary
United States Treasury

Hervé Carré, Minister for Financial Affairs
European Commission Delegation to the
United States

     
10:30–12:00 pm   Financial Market Integration and Depth and the Role of the Euro
   
Panel Discussion
Kristin Forbes, Member
United States Council of Economic Advisers

Vitor Gaspar, Director-General for Research
European Central Bank

Helene Rey, Professor
Princeton University

Garry Schinasi, Chief, Financial Stability Division International Monetary Fund


   
12:00–2:00 pm
  Luncheon Address: "Building on the
Euro's Success"
   
Tommaso Padoa-Schioppa
Member of the Executive Board
European Central Bank
     
2:00 – 3:30 pm
  The Euro and the Prospects for Policy Coordination
   


Paper: The Euro and Prospects for Policy Coordination
Edwin Truman, Senior Fellow
Institute for International Economics

Discussants
Richard Clarida, Professor
Columbia University

Richard Cooper, Professor
Harvard University

     
3:30 – 5:00 pm
  The Euro, Stabilization Policy, and the Stability and Growth Pact
   


Presentation: Can Rubinomics Work in the Eurozone?

Adam S. Posen, Senior Fellow
Institute for International Economics

Discussants
Jeffrey Frankel, Professor
Harvard University

Jürgen Kröger, Director for Economics
European Commission

     
5:00 – 6:00 pm
  Closing Address
   


Closing Address: What We Have Learned from the Euro at Five

Ben Bernanke, Member of the
Board of Governors
Federal Reserve System