Conference on

Investment, Technological Transformation and Skills

28 and 29 November 2018

European Investment Bank,
98-100 Boulevard Konrad Adenauer in Luxembourg

A two-day high level, invitation only conference, on investment and competitiveness, raising awareness on the challenges posed by technological transformation and the need to adapt workforce skills.

Participation to the conference is by invitation only. To receive an invitation or for more information, please contact eib-ecb.conference@ecb.europa.eu.


Programme

Wednesday, 28 November

13.30 - 14.00
Registration and Welcome Coffee
14.00 - 14.20

Opening remarks

Werner Hoyer, President, European Investment Bank
Luis de Guindos, Vice-President, European Central Bank

14.20 - 16.00

Panel Session I: Investment in Europe: policies to support competitiveness as a new pulling factor

Chair and scene setter: Debora Revoltella, Chief Economist, European Investment Bank; and SUERF - Presentation of the key results of the 2018-2019 Investment report (15 minutes)

Vítor Gaspar, Director, Fiscal Department, International Monetary Fund
Pier Carlo Padoan, former Minister of Finance, Italy
Laurence Boone, Chief Economist, OECD
Jonathan Haskel, Imperial College Business School

16.00 - 16.20
Coffee break
16.20 - 18.00

Panel Session II: Investment finance in Europe – a system fit for growth?

Chair and scene setter (15 minutes): Peter Praet, Member of the Executive Board, European Central Bank

Colin Mayer, Professor, University of Oxford
Catherine L. Mann, Chief Economist, Citigroup
Claudio Borio, Head of Monetary and Economic Department, Bank for International Settlements
Jean Pierre Mustier, CEO, UniCredit

18.00 – 18.20

Policy Address

Klaus Regling, Managing Director, European Stability Mechanism

19.30 - 21.30
Conference dinner
Restaurant Le Sud, Clausen, Luxembourg

Welcome by Werner Hoyer, President, European Investment Bank

Thursday, 29 November

8.30 - 9.00
Registration and Welcome Coffee
9.00 – 9.15

Opening remarks

Werner Hoyer, President, European Investment Bank

9.15 - 9.45

Keynote Address

Jean Tirole, Chairman, Toulouse School of Economics and Chairman of the Executive Committee, Institute for Advanced Study in Toulouse

9.45 – 10.30

Panel Session III: Digitalisation & demand for skills– A market overview

Co-chair Sarah Jane Maxted, Executive Director, MIT Regional and Gunnar Muent, Director, Innovation and Competitiveness Department, European Investment Bank

Leonid Mukhamedov, European CEO, Schneider Electric*
Steve Collar, CEO, SES*
Ana Camacho Vera, CEO, Batz Group

10.30 – 11.00
Coffee break
11.00 – 12.30

Parallel Sessions 1

Session A1: Digitalization: the Productivity Puzzle

Chair Reinhilde Veugelers, Professor in the Department of Management, Strategy and Innovation, KULeuven

Speakers
Diego Comin, Professor of Economics, Dartmouth College
James Manyika, Chairman and Director, McKinsey
Eric Bartelsman, Professor of Economics, Vrije Universiteit

Session B1 – Skills – what causes the gaps in the EU?

Chair Jan Švejnar, Director of the Centre on Global Economic Governance, Columbia University

Speakers
Klaus Zimmermann, GLO President, University of Bonn
Juan Jimeno, Head of the Research Division, Bank of Spain
Maarten Goos, Professor of Economics and Institutions, Utrecht University

Bo Cowgill, Assistant Professor, Columbia Business School

Session C1 – Macroeconomic benefits - moving towards more market based finance

Chair Karel Lannoo, Chief Executive Officer, Centre for European Policy Studies (CEPS)

Speakers
Olivier Garnier, Director General for Economics and International, Banque de France
Boris Vujcic, Governor, Central Bank Croatia
Giorgio Barba Navaretti, Professor of Economics, University of Milan
Roger Havenith, Deputy CEO, European Investment Fund

12.30 – 13.45
Lunch Break
13.45 – 15.15

Parallel Sessions 2

Session A2: Digital Transformation - enablers and consequences

Chair Reinhilde Veugelers, Professor in the Department of Management, Strategy and Innovation, KULeuven

Speakers
Siim Sikkut, Chief Information Officer, Estonia Government*
Jose María Álvarez-Pallete, CEO, Telefonica*
Hugo Spowers, CEO, Riversimple Movement Ltd*
Mikko Hypponen, Chief Research Officer, F-Secure*
Patrick Dunleavy , Professor of Political Science and Public Policy, Government Department of the London School of Economics

Session B2 – Skills in the CESEE region

Chair Jan Švejnar, Director of the Centre on Global Economic Governance, Columbia University

Speakers
Laura Papi, Assistant Director European Department, International Monetary Fund
Hans Timmer, Chief Economist Central Europe World Bank
Ralph de Haas, Director, European Bank for Reconstruction and Development

Section C2 – Understanding impediments and incentives to foster EU equity base

Chair Karel Lannoo, Chief Executive Officer, Centre for European Policy Studies (CEPS)

Speakers
Federico Galizia, Chief Risk Officer, Inter-American Development Bank
John Berrigan, Director for Financial System Surveillance and Crisis Management, DG
FISMA, European Commission Cecile Mayer-Levi, Co-Head of Private Debt, Tikehau Capital*

15.15– 15.45
Coffee break
15.45 - 17.15

Panel Session IV: The EU competitiveness challenge: What lessons for policy?

Jan Švejnar, Director of the Centre on Global Economic Governance, Columbia University
Reinhilde Veugelers, Professor in the Department of Management, Strategy and Innovation, KU Leuven
Karel Lannoo, CEO, Centre for European Policy Studies
Robert Koopman, Chief Economist, World Trade Organisation

Policy Address

Mariya Gabriel, Commissioner, European Commission*

17.15 - 17.35

Keynote Speech

Mario Centeno, President, Eurogroup*

17.35 - 18.00

Closing remarks

Andrew McDowell, Vice-President, European Investment Bank