Martin Wolf talks "The Shift and the Shocks of the global financial crisis" at the University of Birmingham
Martin Wolf, CBE visited the University of Birmingham campus yesterday to discuss "The Shift and the Shocks: lessons of the global financial crisis" to a packed audience of university students, pupils from local schools and other guests.
Martin is the associate editor and chief economics commentator at the Financial Times and is widely considered to be one of the world's most influential writers on economics. He was awarded the CBE (Commander of the British Empire) in 2000 "for services to financial journalism" and has been a forum fellow at the annual meeting of the World Economic Forum in Davos since 1999.
During his talk Martin highlighted that this is what he would call "a contained depression. We have ever seen anything like this before”, going on to explain the Monetary Policy and showing the quarterly GDPs for the US, Japan, Germany, France, UK, Italy and Eurozone.
Whilst "this is the slowest ever recovery in British recorded history", Martin went on to discuss what we should from the global financial crisis and that "we need to make the financial system far more robust if we do not want a repeat of this."
You can view more quotes, photos and student feedback from the lecture via The College of Social Sciences Twitter account and the hashtag #globalfinancialcrisis or in this easy to view Martin Wolf Storify.
Download a copy of Professor Nickell's lecture slides.