Speaker: Augustus Panton
Augustus is a PhD candidate (economics) at the Crawford School of Public Policy, ANU. His PhD research is focused on the monetary policy implications of climate change and alternative climate policy regimes. Augustus has previously worked as an economist in the Research, Policy & Planning Department at the Central Bank of Liberia.
Thursday, November 29, 2018 at 6 PM – 7:30 PM
Venue: Fenner Seminar Room, Building 141, Fenner School of Environment and Society, Linnaeus Way (which is 200 metres from the Dickson Road/Daley Road roundabout).
Topic: MOVING TOWARDS A SINGLE CURRENCY IN THE WEST AFRICAN :MONETARY ZONE: DOES CLIMATE CHANGE MATTER FOR OPTIMAL SOCIO-ECONOMIC OUTCOMES?
Policy efforts are underway toward the creation of a single currency in Anglophone West Africa. This presentation will provide an overview of the key issues and challenges that must be considered in the design and implementation of monetary policy in the region and elsewhere (particularly in developing countries), with the unexplored interlinkage between monetary policy and climate change at the heart of the discussion. For a region that is highly susceptible to climate-induced environmental and macroeconomic disruptions, the ability of the proposed regional central bank to promote socio-economic development will crucially depend on having strong interlinkage between climate actions and the monetary policy framework.