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Breakfast Club 02: Low interest and growth rates revisited: learning from Japan

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Hotel Böglerhof
Breakout / Breakfast Club
english language

Europe is faced with a long phase of low interest rates, a shrinking population and no outlook on picking up growth. Japan has been successful in dealing with the exact same situation. How have market participants adapted themselves in Japan? What are the potential lessons for European players?

Governor, Oesterreichische Nationalbank - OeNB, Vienna Introduction
Director, Country Studies Branch, Economics Department, OECD - Organisation for Economic Co-operation and Development, Paris
Chief Executive Officer, UniCredit Bank Austria AG; President, Austrian Bankers' Association, Vienna
Consultant, Financial Services Consulting, PwC Austria, Vienna Chair

Dr. Ewald NOWOTNY

Governor, Oesterreichische Nationalbank - OeNB, Vienna

 Studies in law and political science at the University of Vienna and economics at the IHS - Institute for Advanced Studies, Vienna
1968-1973 Assistant to Kurt W. Rothschild, Institute for General Economics and Public Economics, Johannes Kepler University, Linz
1972-1973 ACSL Fellow, Department of Economics, Harvard University, Cambridge
1973 Tenure-track professorship, General Economics and Public Economics, Johannes Kepler University, Linz
1973 Call to TH Darmstadt, Chair in Public Economics
1974-1981 Full Professor and Head, Institute of Finance, Johannes Kepler University, Linz
1981-2008 Full Professor, Vienna University of Economics and Business (successor to Stephan Koren), partly on leave, Vienna
2003-2005 Vice Rector, Financial Affairs, Vienna University of Economics and Business, Vienna
2008 Honorary doctorate in Social and Economic Sciences, Alpen-Adria-University, Klagenfurt
 
 Business activities:
1971-1979 Member and later President, Governing Board of PSK - Österreichische Postsparkasse, Expert on cartel matters, Cartel Court of the Superior Land Court, Vienna
1999-2003 Vice-President and Member of the Management Committee, European Investment Bank, Luxembourg
2006-2007 Chief Executive Officer, BAWAG P.S.K. Bank für Arbeit und Wirtschaft Österreichische Postsparkasse Aktiengesellschaft
since 2008 Governor, Oesterreichische Nationalbank
 
 Political activities
1978-1999 Member of the Austrian Parliament
1980-1987 Deputy Chairman of the Scientific Committee
1985-1999 Chairman of the Finance Committee

Alvaro Santos PEREIRA

Director, Country Studies Branch, Economics Department, OECD - Organisation for Economic Co-operation and Development, Paris

2011-2013 Minister of the Economy and Employment, Government of Portugal
2013-2014 Associate Professor, School for International Studies, Simon Fraser University, Burnaby
since 2014 Director, Country Studies Branch, Economics Department, OECD - Organisation for Economic Co-operation and Development, Paris

Robert ZADRAZIL

Chief Executive Officer, UniCredit Bank Austria AG; President, Austrian Bankers' Association, Vienna

2001 Deputy Head, Department, Retail Banking Organisation, Bank Austria Creditanstalt AG, Vienna
2001-2003 Head, Department, Retail Banking Organisation, Bank Austria Creditanstalt AG, Vienna
2003 Head, Department, Overall Bank Organisation, Bank Austria Creditanstalt AG, Vienna
2004 Head, Division, Organisation / IT Management, Bank Austria Creditanstalt AG, Vienna
2005 Head, Division, Organisation/ IT Management (Austria and CEE), Bank Austria Creditanstalt AG, Vienna
2006-2007 Member, Management Board, Bank Austria Creditanstalt AG; Chief Operating Officer, Global Banking Services, Bank Austria Creditanstalt AG, Vienna
2007-2009 Head, GBS CEE UniCredit, Vienna
2008-2009 Member, Management Board, UniCredit Bank Austria AG
2009-2012 Chief Executive Officer, Schoellerbank AG
2011-2016 Member, Management Board, UniCredit Bank Austria AG, Private Banking
since 2016 Chief Executive Officer, UniCredit Bank Austria AG, Vienna

Savas Deniz ENBILIMLI

Consultant, Financial Services Consulting, PwC Austria, Vienna

2012 Relationship Manager Business Banking, Deutsche Bank Privat- und Geschäftskunden AG
2012-2013 Study Business Administration, WU (Vienna University of Economics and Business), Vienna*
since 2013 Study Philosophy, University of Vienna
2014-2015 Team Assistant, Assurance, PwC Österreich GmbH
since 2015 Consultant, Financial Services Consulting, PwC Österreich GmbH

Financial Market Symposium

show timetable

31.08.2017

12:00 - 12:20OpeningPlenary
12:20 - 13:30The “new normal”: deregulation?Plenary
13:30 - 14:00Meet the artist: Christin LahrPlenary
13:30 - 14:00Meet the speaker: Kristalina GeorgievaPlenary
13:30 - 14:00Meet the speaker: Pravin GordhanPlenary
14:00 - 15:30The Alpbach Debate: the future of the EuroPlenary
16:00 - 17:30Banking without bankers?Plenary
19:30 - 20:30Special Lecture: Evgeny MorozovPlenary

01.09.2017

06:30 - 08:00Breakfast Club 01: Distributed ledger technologies – a “silver bullet” for compliance and regulation?Breakout
06:30 - 08:00Breakfast Club 02: Low interest and growth rates revisited: learning from JapanBreakout
06:30 - 08:00Breakfast Club 03: New business models for banksBreakout
06:30 - 08:00Breakfast Club 04: Tax havens: the beginning of a new era?Breakout
08:30 - 10:00Breakfast Club 05: Conflict or cooperation through Brexit?Breakout
08:30 - 10:00Breakfast Club 06: Artificial intelligence for compliance and regulationBreakout
08:30 - 10:00Breakfast Club 07: The future of saving(s)Breakout
08:30 - 10:00Breakfast Club 08: The regulator’s challenge to get hold of FinTechs and InsureTechsBreakout
08:30 - 10:00Breakfast Club Special: Scaling up social impact investment to the next level – emerging opportunities in EuropeBreakout
13:00 - 15:00Alpbach Hike: hiking with pioneers – Maximilian TayenthalBreakout
13:00 - 15:00Alpbach Hike: hiking with pioneers – Ruben VardanyanBreakout
13:00 - 15:00Alpbach Hike: hiking with pioneers – Rupert StrachwitzBreakout
19:00 - 21:00ReceptionSocial