Keynote Address: The Outlook for the Euro
Roger Bootle, Managing Director, Capital Economics
In his keynote presentation, Roger Bootle, Managing Director of Capital Economics and one of the City of London’s best-known economists, will examine the outlook for the Euro. Contained within this he will address how the euro-zone is doing with regard to growth and employment, how monetary union came about and its fundamental problems with regard to, public debt, a lack of competiveness, the weakness of the banks, and growth prospects.
Roger Bootle will further address, the questions of what it would take to keep the monetary union together, the impact of the German problem at the heart of the system and how a country might go about leaving the Euro from both the perspective of problems and solutions, with a view to answering:
• Which countries are most at risk of leaving?
• Could a strong country leave?
• What are the prospects for the euro exchange rate?
• The consequences for Europe, the UK and the world, if it broke up?
One of the City of London’s best-known economists, Roger Bootle runs the consultancy, Capital Economics, which specialises in macroeconomics and the economics of the property market. He is also a Specialist Adviser to the House of Commons Treasury Committee and an Honorary Fellow of the Institute of Actuaries. He was formerly Group Chief Economist of HSBC and, under the previous Conservative government, he was appointed one of the Chancellor’s panel of Independent Economic Advisers, the so-called “Wise Men”. In July it was announced that Roger and a team from Capital Economics had won the Wolfson Prize, the second biggest prize in Economics after the Nobel.
Roger Bootle studied at Oxford University and then became a Lecturer in Economics at St Anne’s College, Oxford. Most of his subsequent career has been spent in the City of London.