Money and Payments: Evolution or Revolution? · Prof. Dr. Jörg Bibow (Research Seminar)

The presentation will explore the evolving world of money and payments to provide a thorough assessment of the transformation that is occurring in global money and payment systems today. The payment system is essential to the functioning of a market economy. The more complex the economy becomes, including a large global network, and the more diverse and sophisticated people’s lifestyles, consumption habits and business practices become, the greater the demands on the payment system to provide fast, convenient and secure transaction facilities. The world of money and payments is changing rapidly. Technological innovation, competition, regulation, and central bank policies are the main drivers. The daily lives of citizens are being affected both noticeably and imperceptibly. Noticeably, because new conveniences and opportunities arise. Often imperceptibly as new risks accompany transformative innovations, both for users and for policy makers operating in this rapidly changing environment.

Bio:

Jörg Bibow is a professor of economics at Skidmore College. His main research areas are international finance and European integration, as well as international trade and development and the history of economic thought. A particular research focus is central banking and financial systems and the effects of monetary policy on economic performance, especially the monetary policies of the Bundesbank and the European Central Bank. This work builds on his earlier research on the monetary thought of John Maynard Keynes. Bibow has lectured at the University of Cambridge, University of Hamburg, and Franklin University Switzerland on central banking and European integration, and was a visiting scholar at the Levy Institute. He received a bachelor’s degree with honors in economics from the University of the Witwatersrand, a diplom-volkswirt from the University of Hamburg, and MA and Ph.D. degrees in economics from the University of Cambridge.

While registration is optional, we would appreciate it if you could let us know in advance by filling out the form to assist with our planning.

Organizers: Monica DiLeo (Hertie School) and Steffen Murau (Global Climate Forum e.V.)