18 October 2018 from 12:30 to 18:00

Financial Crises and the Politics of Banking

Prof. F. de Vries Lecture 2018 with Anat Admati

The Prof. F. de Vries Foundation, in collaboration with Utrecht University and its strategic research theme Institutions for Open Societies, is proud to announce the key note speaker of this year's Prof. F. de Vries Lecture: Anat Admati.

Anat Admati is Professor of Finance and Economics at Stanford University. She has written extensively on information dissemination in financial markets, trading mechanisms, and, more recently, on corporate governance and banking. She is actively involved in the policy debate on financial regulation, an involvement that earned her nominations as one of the 100 most influential people in the world by Time Magazine and as one of the 100 global thinkers in 2014 by Foreign Policy Magazine.

 

Program

12:30

Lunch

14:00

Introduction by the chairman of the Prof. F. de Vries Foundation: Professor Hans Schenk

14:15

Lecture by Professor Anat Admati: Financial Crises and the Politics of Banking

Contrary to the favored narrative of many in the financial sector and policy, the global financial crisis, as well as the slow recovery and the subsequent sovereign debt turmoil in Europe and many other crises, was not similar to a natural disaster but rather the result of failed governance and policies. Governments continue to tolerate, and even implicitly encourage, a fragile, inefficient and dangerous financial system that has changed little in the last decade. More generally, failed corporate governance and political economy forces in the interactions between governments and corporations produce distortions and harm. These observations can help explain the increasing loss of trust in institutions in developed democracies and the rise of populism.

15:30

Reflections by:

  • Professor Dirk Bezemer

    Economics of International Financial Development at University of Groningen

16:00

Discussion

16:45

Drinks & bites

18:00

End of program

Start date and time
18 October 2018 12:30
End date and time
18 October 2018 18:00