Oxford Events, the new replacement for OxTalks, will launch on 16th March. The two-week OxTalks freeze period starts on Monday 2nd March. During this time, there will be no facility to publish or edit events. The existing OxTalks site will remain available to view during this period. Once Oxford Events launches, you will need a Halo login to submit events. Full details are available on the Staff Gateway.
Public debt has surged in most advanced economies since 2007 and remains at historically high levels in many of them. What are the effects of this surge for economic stability and growth? Why have interest rates on government securities remained so low in spite of the rising supply of government securities? And, most of all, if high public debt is a problem, what is the solution. Carlo Cottarelli will discuss these issues based on a book (“What we owe”) that will be published in September. He will argue that there is a need to gradually lower public debt and that this is achievable through orthodox fiscal policy too, as long as high debt countries, particularly those more vulnerable, do not procrastinate the adjustment in their spending levels.
