In spite of successive meetings of its highets political
leaders, the sovereign debt crisis in the eurozone seems
to have no end in sight. The austerity measures taken by
an increasing number of countries to solve their
sovereign debt problems, also viewed by some as a
precondition to bring about sustainable economic growth,
have not succeded in restoring the confidence of the
financial markets. On the contrary, economic recession
threatens Europe as never before in recent times due to
an increasingly probable collapse of aggregate demand.
Accordingly, the continuous degradation of the
prevailing economic and social conditions in the
eurozone increasingly puts into question the economic
policies adopted so far under the inspiration of the
dominant Member States.
The role to be played by the European Central Bank under
the present circumstances is a source of deep
disagreement among its Member States, threatening its
credibility and effectiveness. The long held visions of
no monetization of the fiscal deficit and of Central
Bank independence with respect to political authorities
are ever more questioned by those who see no other way
out for this crisis.
Somewhat in contrast, the USA economy is slowly
recovering following different economic policy options
adopted by the American authorities with respect to both
fiscal and monetary measures. Nevertheless, the
effectiveness of the fiscal policy measures undertook by
the US authorities has been the subject of much
controversy. At the same time, the Fed faces new
challenges in the conduct of its monetary policy and,
accordingly, has followed non-conventional approaches
under zero bound conditions that remind us of the
Japanese slump.
In NIFIP´s 2nd international conference we
would like to provide a stimulating venue for the
discussion of topics related to the present world
economic conditions. The discussion can be approached
fom different angles, such as the diagnosis of the
economic situation, evaluation of adopted or proposed
economic policy measures, and perspectives for the
future, namely concerning effective ways out of this
crisis. Therefore, we accept papers in all economic
areas related to these issues, whether theory or policy
oriented, with special emphasis on:
-The role of monetary policy
-The role of fiscal policy
-The conduct of monetary policy under
zero bound conditions
-The role of the Central Banks
-Political budget cycles
-The role of, and prospects for,
economic growth
-The economic and political conditions
for sustainable monetary unions
Last Day for Registration and Payment:
November 2nd
Conference: 6th - 7th of
December 2012
Registration Fees Due
by
NIFIP´s Members and Associate Members: €80.00
Participants with accepted papers: €130.00
Attendants other than students without accepted papers:
€180.00
Students: €70
On-site registration: additional charge of €40
All participants in the Conference are expected to
pay the registration fees.
Fees include coffee-breaks and two full meals.
Payments of fees are due with registration by bank
transfer to NIFIP´s bank account:
NIB:
0035 0839 00000401130 46
IBAN:
PT50 0035 0839 00000401130 46
BIC SWIFT:
CGDIPTPL
Bank
Account: 0839000401130
Copy of the bank transfer is to be sent by e-mail to
nifip@fep.up.pt with full identification of
the sender (name, affiliation, title of the paper). Bank
transfers should also clearly identify the participant
at the conference.
Submission Rules:
Abstracts and presentations are in English
The first page of the abstracts (300 words at the most)
must include:
-Name(s) of the autor(s)
-Affiliation
-Institutional Adress
-E-mail
-Title
-Key words
-JEL Codes
All questions concerning submission or other aspects
should be adressed to nifip@fep.up.pt
Presentations
There will be at least
one Plenary Sessions with Invited Speakers and several
Parallel sessions. In the parallel sessions, accepted
papers will be grouped into sessions with three to four
papers. Each presentation consists of 20‐minute talks,
followed at the end by a period for discussion and
debate.
IJESAR -
International Journal of Economic Sciences and Applied
Research actively cooperates with NIFIP´s
international conference. Subject to the usual blind
review process, IJESAR will publish the best 2 or 3
papers presented in the conference as indicated by the
scientific committee.