20 December 2010

Within the celebration of the 20th anniversary of the Polish Insurance Association, the Association organized international academic conference titled “Economic Ideas after the Global Crisis.” We had the honour to host Prof. Edward Prescott, the winner of the Alfred Nobel Prize of the Bank of Sweden in 2004. Other honorary guests included Prof. Leszek Balcerowicz, Prof. Witold Orłowski and Tommy Persson, The President of CEA.

Edward Prescott presented a lecture on the opportunities and threats for Poland from the perspective of the global economy.

Tommy Persson, the President of CEA gave a lecture on the Solvency Directive II and the effects of its implementation in Europe.

Prof. Leszek Balcerowicz gave a presentation devoted to the economic crisis and the “crisis of thinking” related to it. He described in details the problems which may result from excessive involvement of the state into economy. He also mentioned recent ideas concerning the pension reform and the functioning of OFE.

Prof. Witold Orłowski presented the phenomena which lead to crisis. He also underlined that the recent crisis should not be regarded as the past.

The conference attracted almost 100 people. Each of the lecturers after his lecture answered to a series of questions asked by the audience.

The presentation of Prof. Edward Prescott

The presentation of Tommy Persson

Elaboration Prof. Leszk Balcerowicz

The presentation of Prof. Witold Orłowski