Para darle seguimiento al post que puse hace una semana y a mi columna en el Universal de la semana pasada, aquí les dejo la nota de Blanchard en donde sugiere 9 conclusiones del encuentro y aquí esta la liga a algunas de las presentaciones
1. We’ve entered a brave new world in the wake of the crisis; a very different world in terms of policy making
2. In the age-old discussion of the relative roles of markets and the state, the pendulum has swung—at least a bit—toward the state.
3. The crisis made it clear that there are many distortions relevant for macroeconomics, many more than we thought earlier.
4. Macroeconomic policy has many targets and many instruments
5. We may have many policy instruments, but we are not sure how to use them.
6. While these instruments are potentially useful, their use raises a number of political economy issues.
7. Where do we go from here? In terms of research, the future is exciting.
8. Things are harder on the policy front. Given we don’t quite know how to use the new tools and they can be misused, how should policymakers proceed?
9. We have to keep our hopes in check.
I was asked whether the conference was “Washington Consensus 2“. It was not intended to be and it was not. The conference was the beginning of a conversation, the beginning of an exploration, and we look forward to your contributions.