Prepare yourself for the next financial crisis

An article found in the NZ Herald 27/5/10 talking about financially literacy in New Zealand referred to this seminar. I am attending so please feel free to come along to this public seminar if it interests you.

Surviving the next financial crisis
Date:Tuesday, 22 June 2010
Time:6:00p.m. – 8:00p.m.
Recurring event:One time event
Category:Events
Description:

2010 Dean’s Distinguished Speaker Series

Presenter: Professor David Mayes (The University of Auckland Business School)

Venue: The University of Auckland Business School, Lecture theatre OGGB5, Level 0, Owen G Glenn Building, 12 Grafton Road, Auckland

RSVP: Please RSVP online before Friday 18 June. Seats are limited.

Abstract:
In this presentation Professor Mayes will draw on his international research over the past decade to look at how to reduce the chance of financial crises and alleviate the impact of those that cannot be avoided.

He will consider the lessons learnt from the present financial crisis and how changes in regulation and preparedness can diminish the likelihood and impact of future crises. By looking at the worst-hit countries round the world and the changes that have been implemented, Professor Mayes reaches two principal conclusions. The first is that outside Australia and New Zealand, many countries will still have major problems with international banks that are run across borders. Secondly, although the financial safety net has been substantially increased in most countries, this has not yet happened in New Zealand so people will need to prepare themselves for the consequences.

Bio:
Recently appointed as the Business School’s BNZ Chair of Finance, Professor Mayes has an international career in academia and public service. He is a former chief manager of the Reserve Bank of New Zealand and director (CEO) of the New Zealand Institute of Economic Research in Wellington. Professor Mayes has returned from more than a decade overseas, where he served most recently as advisor to the Board of the Finnish central bank, the Bank of Finland. He was also Professor of Economics at London South Bank University, where he taught international finance.

He has been advising central banks and financial regulators in 15 countries around the world, as well as the OECD, ADBI and the IMF, and is a member of the Joint Shadow Financial Regulatory Committee for Australia and New Zealand. Professor Mayes has published 36 books and more than 200 articles in international journals, chapters and reports. He is director of the Europe Institute at The University of Auckland, an editor of the Economic Journal and a fellow of the CESifo Group in Munich.

Light refreshments will be served at 6pm. Submit your business card at the door to go in the draw to win a Short Course of your choice.

For more information contact:
Beth Dowsett
Events
Phone: +64 9 923 3322
Email: b.dowsett@auckland.ac.nz