📢 Call for Papers: “Is Europe Prepared for Extreme Events? Risks – resilience – policy responses” 📢
🔎 Researching extreme risk events and their possible consequences? Submit your paper to the ESM SUERF - The European Money & Finance Forum Bruegel - Improving economic policy workshop, which will take place at the ESM premises in Luxembourg 3-4 April 2025.
Europe is increasingly confronted with a variety of extreme risks - from climate-related disasters and geopolitical conflicts to financial crises and technological disruptions - which could significantly affect its economic stability, social cohesion, and geopolitical position.
The workshop will address extreme events and their consequences, as well as to discuss Europe's readiness to face these risks and the policy architecture needed to enhance its resilience, drawing on European and international experiences.
We welcome submissions of papers exploring extreme events from various perspectives, including:
➡️ Identify and measure the risk of “extreme events” and “black swans” with a specific focus on triggers and non-linearities
➡️ Financial innovation, AI and cybercrime as sources of extreme events
➡️ Interaction between extreme events and existing vulnerabilities, including crisis dynamics and the nature of optimal responses.
➡️ Advances in stress testing and scenario building for extreme risks events.
➡️ Empirical analysis of the macro and financial stability impact of extreme events: methods, data and applications (including AI and big data analytics).
➡️ Lessons from recent events (covid, military conflicts, geopolitical fragmentation) and their implications for financial stability.
➡️ Strengths and weaknesses of the EU’s/EA’s current resilience enhancement strategy, crisis prevention and management tools and institutions – legal and institutional avenues for improvement.
➡️ Innovative financing mechanisms for crisis preparedness and response, such as obligatory insurance regulation, insurance backstops, disaster bonds etc.
➡️ Whether and how financial markets price (tail) risks, and which instruments/financial architecture can increase the resilience of financial markets;
➡️ How (tail) risk affects international trade and finance, and whether the current global monetary and financial system is equipped to deal with large-scale disasters and geopolitical conflicts.
📆 Submit your paper by 10 January SUERF - The European Money & Finance Forum!
#CallForPapers #ESMeuro