With the pandemic forcing governments across the world to borrow at record levels to fund the economic response to the pandemic, the world now faces an important debate regarding the future of its economic policy and its tolerance of higher levels of debt. As the EU undergoes an important debate regarding the future of its fiscal rules, the IIEA welcomes Nobel Laureate economist Joseph E. Stiglitz, University Professor at Columbia University, who shares his perspective on what role fiscal policy should play in a post-pandemic world.

About the Speaker:

Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Institute. A recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979), he is a former senior vice president and chief economist of the World Bank and a former member and chairman of the (US president's) Council of Economic Advisers. In 2000, Stiglitz founded the Initiative for Policy Dialogue, a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001 and received that university's highest academic rank (university professor) in 2003. In 2011 Stiglitz was named by Time magazine as one of the 100 most influential people in the world.