Professor who awards Nobel Prize in Economic Sciences – at conference on politician-making

Important | 2017-06-28

The Bank of Lithuania and Kaunas University of Technology (KTU) today begin a jointly organised conference on economic research in Vilnius. The keynote speaker is Torsten Persson, Professor at Stockholm University, a permanent member of the Economic Sciences Prize Committee at the Royal Swedish Academy of Sciences. The major question posed in his report – who becomes a politician? The conference’s organisers believe that this report will attract the most attention from the event’s participants. Mr Persson’s scientific articles have been published in all of the most prestigious academic journals in the field of economics.

‘Economic researchers perform a very important role: their work helps identify fundamental economic issues and suggests solutions. Therefore, the opportunity to not only read each other’s research, but to also discuss it face to face allows us to analyse economic issues in greater detail, perhaps finding new ways to solve them,’ said Linas Tarasonis, Principal Economist at the Macroeconomic Research Division of the Bank of Lithuania and one of the main organisers of the conference.

The conference is being organised for the sixth time by the community of Lithuanian economists studying or teaching abroad, jointly with the Bank of Lithuania and one of the country’s universities. Eight sessions on different subjects – banking, health and development, political economy, central banking, international economics, industrial organisations, public economy, and corporate finance – will be held over two days at the renewed Martynas Mažvydas National Library in Vilnius. All of these sessions will comprise of lectures delivered by researchers from Lithuania and abroad.

An additional event will take place in Vilnius at the end of the week – an international seminar on macroeconomics, organised by the Bank of Lithuania jointly with the US National Bureau of Economic Research. Here researchers will present their most recent work, with representatives of the Bank of Lithuania Center for Excellence in Finance and Economic Research (CEFER) participating as well.

The Bank of Lithuania and KTU – one of the largest higher schools in the country – early this year agreed on cooperation in preparing and implementing scientific research, human resources, and other projects. This process involves the CEFER, established by the Bank of Lithuania in 2014 jointly with Vilnius University in order to promote scientific research in the fields of finance and banking. Achieving these aims is also sought by organising economics conferences with higher schools.