Professor Romer discusses the current state of the economy and the outlook for growth, inflation, and unemployment. She highlights the key challenges facing policymakers: restoring growth; dealing with the long-run budget deficit; and ensuring price stability. The talk builds on insights gained from her time in Washington and her extensive research on monetary and fiscal policymaking to offer sensible prescriptions for what the Federal Reserve, Congress, and the Administration should be doing to strengthen the macroeconomy. The talk can be focused primarily on the United States, or broadened to include both the U.S. and world economies.
Drawing on her recent policy experience, Professor Romer examines the key economic challenges facing the United States in the coming years and suggests innovative solutions. She discusses current macroeconomic challenges, particularly lingering high unemployment and unsustainable long-run budget deficits. She also analyzes structural challenges in the American economy, such as the long-run decline in our industrial base, unbalanced world trade, America’s tenuous innovative edge, and stagnating middle-class incomes. The discussion of what needs to be done is tempered by a realistic assessment of what can be done in the current political environment.
One of the world's leading scholars on economic crises—and how to solve them—and a key adviser to President Obama through the economic crisis, Christina Romer provides a perspective on what’s ahead for the economy and the choices policymakers face in addressing today's economic challenges.
As Chair of the Council of Economic Advisers, Christina Romer was one of the four economics principals who met daily with President Obama to design and guide the Administration's response to the Great Recession. She played a key role in macroeconomic policy, the rescue and reform of the financial system, health care reform and budget policy. In addition, she was a primary Administration spokesperson on the economy, appearing frequently on the evening news, in the financial press and on the Sunday morning news programs. An expert on economic history and macroeconomics, including the Great Depression and the impact of fiscal and monetary policy, she helps audiences understand what is ahead for the economy including the roots of our current economic problems, the challenges and stresses that policymakers should be addressing and the likely impact on economic growth. Her presentations are customized for each audience, and blend a lively and enthusiastic delivery with an easily accessible discussion of important economic challenges and policy options. In addition to being an award-winning Professor of Economics at the University of California, Berkeley, she is also the Co-director of the Program in Monetary Economics at the National Bureau of Economic Research and a Contributing Editor, Bloomberg News.