Event Details

When: 18/09/2012 at 18:30 to 19:30

Where: Law Society, 113 Chancery Lane, WC2A 1PL

Subject: European Financial Crisis and Austerity Measures

Speaker(s): Piritta Sorsa (OECD)

The Eurozone debt crisis has had significant impacts so far and has led to a climate where many employers are under large financial pressures and face much uncertainty, which has had a direct impact and focus on benefit plans across the world. Many governments are implementing austerity measures and making changes to social security programmes and labour market reforms in an attempt to control ever rising costs. The crisis also appears far from being over.

At this opening session for the 2012/13 year, Piritta Sorsa, Head of the Division of Country Studies in the Economics Department of the OECD, will present a macro-economic perspective on the financial crisis, with a focus on Europe.  This analysis will be based on the OECD's July 2012 EU/Euro area economic survey and will aim to provide insights on the current position and what the future holds. Piritta will also cover the OECD’s thoughts on the reform and austerity agendas on the labour and benefits markets across Europe.
 
Before joining the OECD in Paris in 2008, Piritta worked at the International Monetary Fund as senior economic advisor on various emerging markets. She also worked at the World Bank in Washington DC and Geneva.

We look forward to welcoming Piritta at IEBA and we hope that you will be able to join us for what should be an very timely, informative and insightful session.

Registration is not required for our monthly meetings in London - just turn up.