2015 CEPS Summer School
Economic and Financial Governance of the European Economic and Monetary Union
Registration for this event is closed.
7-12 September 2015, Brussels
Since the inception of the financial crisis in 2008, and more importantly with the sovereign debt crisis in 2010, the governance of the euro area has substantially changed. Multi-layered institutions and rules now define its economic and financial governance.
New reforms, such as the enhanced macroeconomic policy coordination and banking union, have introduced innovation that will lead to a more stable system and possibly further economic and financial integration but will also make the governance more complex, whilst European institutions struggle to provide confidence.
The programme offers a unique opportunity to learn how EU governance works in an international and multi-cultural environment in a highly-reputed global think-tank with long-standing experience in the policy-making process of European institutions and international organisations.
Classes are conducted by researchers with strong academic backgrounds and solid experience in EU policy-making, who are able to merge academic research with market practice. The learning programme will combine lectures with problem-based activities, including case studies, discussion groups and workshops with policy-makers. The experience will be enriched by simulation games and study visits to the EU institutions.
Aim and topics
The summer school offers a thorough introduction on how the Economic and Financial Governance of EMU works in practice and how it impacts the economy. Participants will:
- Improve their knowledge on the EU decision-making process, the rationales, the institutional design and the enforcement of EU rules;
- Gain a comprehensive understanding of current governance issues, how they are addressed and their practical implications for the economy and the financial system;
- Learn how the system manages crises and how member states should correct imbalances, with the support of case studies and seminars with EU officials or international experts.
Programme
The programme covers a total of 30 hours of lectures, case studies and discussion groups (excluding the closing lecture). Each day comprises 4 hours of lectures in the morning, which include two modules of 1 hour 45 minutes and two breaks of 15 minutes each. Afternoon sessions will consist of more interactive sessions, during which students will work together to solve case studies, to develop discussion groups or to attend to a technical seminar. Two visits to the EU institutions (European Commission and European Parliament) are also part of the afternoon sessions.
Requirements
Graduate students, academics, officials from national ministries, local governments, central banks and private sector.
English proficiency and MA or equivalent in economics or finance. Students with a background in law and political science will be selected on the basis of their knowledge of basic principles of economics and finance.
Certificate
Participants who have followed the programme diligently will receive a certificate of attendance. Participants will not be subject to an exam, but team work on a specific assignment will be evaluated and a prize for the best work will be awarded in the closing ceremony.
Application
Registration for this event is closed.
Scientific coordination
- Dr. Daniel Gros, Director
- Karel Lannoo, CEO
- Dr. Cinzia Alcidi, Head of Economic Policy Unit
- Dr. Diego Valiante, Head of Financial Markets and Institutions Unit
- Willem Pieter de Groen, Research Fellow