Meginmál

The Central Bank of Iceland organised an international conference on the preservation of monetary and financial stability at Reykjavík’s Grand Hotel on 12 July 2019. The conference, entitled Looking back and looking forward: How do we preserve monetary and financial stability?, was split into two sessions, each with its own focus and discussion topics.

The former session focused on the experience of small European countries that have collaborated with the International Monetary Fund (IMF) in the wake of severe difficulties stemming from the financial crisis, on governmental authorities’ actions, and on the recovery of their respective economies.

The latter session centred on where we stand in improving financial stability frameworks and reforming financial regulation after the Great Financial Crisis.

The agenda, the speakers’ speeches or slide presentations, and a video of the proceedings can be found below.

Programme

SESSION I: Crisis management, resolution and recovery in small European countries on an IMF programme

Chair: Arnór Sighvatsson, former Deputy Governor, Central Bank of Iceland

Speakers;

Patrick Honohan, former Governor, Central Bank of Ireland

Learning from the Irish Crisis(787.62 KB)

Carlos da Silva Costa, Governor, Central Bank of Portugal

Portugal: Crisis, adjustment and the path to sustainable growth(457.71 KB)

Ilmars Rimsevics, Governor, Central Bank of Latvia

Crisis and recovery in Latvia. What are the lessons learnt?(337.88 KB)

Már Guðmundsson, Governor, Central Bank of Iceland

Crisis, Policy Responses and Recovery in Iceland(961.17 KB)
SESSION II: Improving financial stability frameworks and reforming financial regulation after the Great Financial Crisis: Where do we stand?

Chair: Marc Uzan, Reinventing Bretton Woods Committee

Speech:

Esther George, President, Federal Reserve Bank of Kansas City

Securing Economic and Financial Stability(141.39 KB)

Panel:

Jon Nicolaisen, Deputy Governor, Central Bank of Norway

What can we do to enhance financial stability?

Sigríður Benediktsdóttir, former Director of Financial Stability at the Central Bank of Iceland and current Lecturer at Yale University

Post-crisis framework and tools for preserving financial stability(1.41 MB)
Video recording from the meeting

Looking back and looking forward: How do we preserve monetary and financial stability?

Seðlabanki Íslands hélt alþjóðlega ráðstefnu um hvernig varðveita skuli peningalegan og fjármálalegan stöðugleika á Grand hóteli 12. júlí sem bar ensku yfirskriftina Looking back and looking forward: How do we preserve monetary and financial stability?  Ráðstefnunni var skipt í tvær setur og var hvor með sínu umræðuefni.
Ráðstefnan fór fram á ensku og dagskrá hennar má finna hér að neðan.

Programme     

SESSION I: Crisis management, resolution and recovery in small European countries on an IMF programme

Chair: Arnór Sighvatsson, former Deputy Governor, Central Bank of Iceland Speakers: Patrick Honohan, former Governor, Central Bank of Ireland [Learning from the Irish Crisis](/library/?itemid=15409e52-bce8-11e9-9117-005056bc3d8f) Carlos da Silva Costa, Governor, Central Bank of Portugal [Portugal: Crisis, adjustment and the path to sustainable growth](/library/?itemid=15409e51-bce8-11e9-9117-005056bc3d8f) Ilmars Rimsevics, Governor, Central Bank of Latvia [Crisis and recovery in Latvia. What are the lessons learnt?](/library/?itemid=15409e53-bce8-11e9-9117-005056bc3d8f) Már Guðmundsson, Governor, Central Bank of Iceland [Crisis, Policy Responses and Recovery in Iceland](/library/?itemid=b3ed6dc5-e113-11e9-911a-005056bc3d8f) 

SESSION II: Improving financial stability frameworks and reforming financial regulation after the Great Financial Crisis: Where do we stand?

Chair: Marc Uzan, Reinventing Bretton Woods Committee Speech: Esther George, President, Federal Reserve Bank of Kansas City [Securing Economic and Financial Stability](https://www.kansascityfed.org/documents/1745/2019-2019-George-Reykjavik-07-12.pdf) Panel: Jon Nicolaisen, Deputy Governor, Central Bank of Norway [What can we do to enhance financial stability?](https://www.norges-bank.no/en/news-events/news-publications/?tab=newslist&newstype=69&year=0) Sigríður Benediktsdóttir, former Director of Financial Stability at the Central Bank of Iceland and current Lecturer at Yale University [Post-crisis framework and tools for preserving financial stability](/library/?itemid=15409e55-bce8-11e9-9117-005056bc3d8f) 

Video recording from the meeting:

 [Looking back and looking forward: How do we preserve monetary and financial stability?](https://www.sedlabanki.is/utsending/2019/Sedlabanki_12_07_2019.mp4)