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'Economic Prospects For The Euro Area: Towards a Lasting Recovery?' by Jeffrey Franks


October 04 OF 2017 from 07:00 PM to 09:00 PM

The ESADE Alumni Barcelona International Chapter is pleased to invite you to the talk ''Economic prospects for the Euro area: towards lasting recovery?'' with Jeffrey Franks, director of the IMF Europe Office, on Wednesday 4th October at 7 pm.

Jeffrey Franks will present the IMF’s view on the economic outlook and challenges facing the euro area, together with recent research on the convergence of euro area member states. The recovery of the euro zone has strengthened and broadened over the past year, but important policy challenges have yet to be dealt with in order to boost growth potential and ensure that the fruits of growth are more widely shared. The growth rates of different countries have never been so similar since the launch of the euro in 1999, but there is still a lack of convergence as regards the income levels of different countries, the hurdles of high public debt in some states, and the need to reduce the imbalances that built up before the crisis. The more favorable political and economic context provides an opportune moment for addressing these challenges and advancing much-needed reforms.



Jeffrey Franks
Director, IMF Europe Office

Jeffrey Franks has been the director of the IMF Europe office and the senior resident representative to the European Union since March 2015. Previously, he spent nearly 3 years as mission chief for Pakistan. A 25-year veteran of the Fund, he has held numerous other assignments working mainly on Europe and Latin America, including head of the resident offices in Ukraine and Ecuador, and leading teams on Romania, France, Belgium and Paraguay. He received his Ph.D. in political economy and government from Harvard, and has masters’ degrees from Princeton and Oxford universities.



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