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    The Oesterreichische Nationalbank (OeNB) in cooperation with the European Investment Bank (EIB) hosted the conference

    “Recalibrating tomorrow's global value chains  prospects for CESEE.”

    Over the past three decades, the world economy was transformed by global value chains (GVCs), which proved an engine of economic growth and development. Deep integration into GVCs also benefited Central, Eastern and Southeastern European (CESEE) economies. In recent years, the pace of GVC integration seems to have lost some steam, however. The ongoing COVID-19 pandemic has been yet another wake-up call highlighting the risks and benefits of increasing interconnectedness. Putting the spotlight on the CESEE region, the CEEI 2021 sets out to explore the following questions:

    • In times of crisis, does deep GVC integration amplify, or mitigate, swings in economic activity?
    • What should policymakers and businesses do to achieve and sustain a recovery and make GVCs more resilient?
    • What can we expect from structural shifts, such as the digital transformation of economies and the greening of production?

    In pursuit of answers, the OeNB, in cooperation with the EIB, brought together high-ranking representatives from central banks, international organizations, industry and academia for two afternoons of insightful presentations and thought-provoking discussions

    See full agenda  

    In case you have a question please contact: event-management@oenb.at.