- 15:00 - 15:05
- Welcome by Walter B. Kielholz, Swiss Re
- 15:05 - 15:15
- Introduction by David Dorn, Department of Economics, University of Zurich
- 15:15 - 16:00
- Panel I: Labor Market with Nir Jaimovich, Department of Economics, University of Zurich and Liana Melchenko, The Adecco Group Foundation
- 16:00 - 16:45
- Panel II: Trade and Globalization with Ralph Ossa, Department of Economics, University of Zurich and Yngve Ruud, Kuehne Holding AG
- 16:45 - 17:15
- Coffee Break
- 17:15 - 18:00
- Panel III: Sovereign Debt with Florian Scheuer, Department of Economics, University of Zurich and Jérôme Jean Haegeli, Swiss Re
- 18:00 - 18.10
- Closing remarks with David Dorn, Department of Economics, University of Zurich
While Corona has the world firmly in its grip, it is impossible to predict when we will be able to return to normal. But not only the when is unknown, there is also the question of how. How will the new normal look like? When we think about the post-Covid-19 economy, there are many factors to consider, we will focus on three dimensions in our panel sessions. After each panel, the audience on-site and in the virtual room will have the opportunity to participate in the discussion.
The first session will focus on labor market topics: Covid-19 has rattled the way we work in many ways, creating opportunities for some, while leaving many behind, wondering what their future will look like. In this context the fear of robots displacing workers has returned. Will covid-19 trigger a new wave of job-destroying automation? Fretting about robots in a downturn is not entirely irrational: firms appear to do most of their job-slashing during slumps.
The fear of job-loss is not the only fear fueled by Corona. Many where shocked when important basic medical goods became scarce during the lockdown due to export restrictions in the producing countries. The dependence on international trade has become painfully clear. What does this mean for future trade agreements? How is the pandemic affecting the ongoing US-China trade war? We will get to the bottom of these questions in the second panel.
Another publicly discussed fear is the worry about Covid-19 leading to increasing public debt, which leads people to believe that public finances could collapse. While it was essential in the initial phase of the pandemic for the state to step in, the question now arises as to how and when we should get out of state aid again. What structural change awaits us? What about monetary policy? These and related questions will be answered in our third and last panel session.
- November 5, 2020, 3:00 pm
- Department of Economics of the University Zurich and Swiss Re
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