About Us > Conferences and seminars > June 2009: Green shoots or false dawn
Green Shoots or False Dawn?
prospects for a global and UK economic recovery
Tuesday 16 June 2009, Royal Geographical Society, 1 Kensington Gore, London, SW7
Two years on from the Credit Crunch, and a year into the worst recession since the war, is the economy touching bottom yet? Have stock market investors spotted green shoots, heralding an improvement in the real economy? Or is this a false dawn, with fundamental problems yet to be addressed? Should we be gearing ourselves up for a sharp recovery, or should we be preparing for at best weak growth for some time yet?
This half-day conference aimed to develop a better understanding of the nature of the global and UK recession and the potential for recovery, drawing out the implications for the UK's sectors and places. The conference went beyond a simple presentation of point forecasts and showed what could be learned from scenarios carried out with our global and UK multi-sectoral economic models. The two sessions allowed ample time for questions and discussion.
Conference Programme
| 09:00 | registration and tea/coffee |
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| 09:30 | welcome and introduction |
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| 09:40 | The Global Recession: Returning to Normal? |
| | Speakers: | Terry Barker, Chairman of Cambridge Econometrics and Director of the Cambridge Centre for Climate Change Mitigation Research (4CMR) in the University of Cambridge
Hector Pollitt, Manager of International Modelling at Cambridge Econometrics. - who is suffering most, and why?
- have the underlying problems been addressed?
- what sort of recovery, and over how long?  presentation slides 358kb
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| | Discussant: | Prof Tony Cockerill, Leverhulme Professorial Fellow, Faculty of Economics, University of Cambridge |
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| 10:50 | tea/coffee | |
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| 11:20 | Prospects for Recovery in the UK... |
| | Speakers: | Rachel Beaven, Director of Cambridge Econometrics, with responsibility for UK economic forecasts
Richard Lewney, Managing Director of Cambridge Econometrics - what will drive the economic recovery, and when will it come?
- which sectors could recover more quickly, and which could remain in the doldrums? ... and its regions and cities - what is the economic geography of the recession and the recovery?
- what features of a local economy give it better prospects? presentation slides 219kb |
| | Discussant: | Bob Thompson, Director, RETRI |
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| 12:30 | lunch | |
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David Taylor
Administrative Director
Cambridge Econometrics
Covent Garden
Cambridge CB1 2HT
United Kingdom
tel (+44) (0)1223 460760
fax (+44) (0)1223 464378
email dt@camecon.com