Top policymakers and prominent private economists will shed light on prospects for the outlook and related key issues under the theme “New Horizons for the Global Landscape” at NABE’s 53rd Annual Meeting in Dallas at the historic Adolphus Hotel September 10-13.

The meeting will take place with the backdrop of a stalled U.S. economy that presents policymakers with tough challenges in the months ahead—globally, as well as domestically—as public debt crises take center stage.

Headliner speakers include Donald Kohn, senior fellow at the Brookings Institution and former vice chairman of the Federal Reserve Board of Governors; Richard Fisher, president of the Federal Reserve Bank of Dallas; Guillermo Ortiz, former governor of Mexico’s central bank; Herb Kelleher, co-founder and chairman emeritus of Southwest Airlines; and John Krenicki, chief executive officer of GE Energy.

Kenneth Rogoff, Harvard University economist and an expert on public debt, will present the Adam Smith Address at the luncheon on Monday, September 11, as this year’s recipient of NABE’s highest honor.  His working title is: “Long Run Implications of a Euro Implosion for the Global Monetary System.” [See a profile of Rogoff in this issue.] 

Elizabeth Warren, who served as assistant to President Obama and special advisor to the Treasury secretary, has been invited to address the annual meeting. Check for program updates online.

Arrive on Saturday, September 10, and attend the NABE president’s reception at the Adolphus Hotel. Immediately after the reception, NABE will host its traditional author’s dinner with George Magnus, known widely as the economist who predicted the subprime crisis would lead to recession.  He is senior economic adviser to UBS Investment Bank, based in London, and is author of  “Uprising: Will Emerging Markets Shape or Shake the World Economy?”

Take a guided walking tour of downtown Dallas the afternoon of Saturday, September 10. The tour will end at the Sixth Floor Museum at Dealey Plaza, next to the roadway where President John Kennedy was shot in November 1963. The museum is housed in what was then called the Texas School Book Depository, where evidence shows Lee Harvey Oswald fired the shots that killed Kennedy from the sixth floor windows.

The Federal Reserve Bank of Dallas will host a reception for attendees and guests the evening of Monday, September 12.  There will also be a reception the evening of Sunday, September 11, before the popular small group dinners, with 12 groups planned for different areas of interest.

Special Session on Post-9/ll Issues

As the nation marks the tenth anniversary of September 11, 2001, NABE will pause to reflect on the attacks that occurred as the organization held its annual meeting at the World Trade Center site in New York City.  Members and guests will be invited to gather that evening in Dallas.

The first session of the meeting, the morning of Sunday, September 11, will look at: “Addressing Crisis Situations: How the Economics Profession Has Changed Since 9/ll.”   Richard Berner, counselor to the Treasury secretary, and Ellen Hughes-Cromwick, chief economist of Ford Motor Company, will lead the discussion.  They are both past presidents of NABE.

Television coverage of 9/ll memorial events will be available in one of the meeting rooms from 7:30 to 10:30 a.m.

Sustainable Recovery Demands Global Scope

"Over the past year, it has become increasingly apparent that a sustainable economic recovery needs to be global in scope," said NABE President Richard Wobbekind, associate dean of the Leeds School of Business at the University of Colorado-Boulder. "The key to the success of the recovery will be a continued effort to correct global imbalances and to shore up the world financial system. “
Wobbekind underscored the scope of this year’s meeting, featuring “leading economists addressing the interconnectedness of the world economy and the attendant implications for the United States. Understanding these changes and their implications for fiscal and monetary policy, energy, education, health care, and other areas will be critical for decision-makers at all levels, and for society as a whole."

Wobbekind will give the 53rd annual presidential address the morning of Monday, September 12.  Earlier that day, incoming President Gene Huang, chief economist of FedEx Corporation, will present the results of the NABE outlook survey, based on the latest polling of the organization’s panel of macroeconomists. At the close of the annual meeting Huang and other newly elected officers and members of the Board of Directors will take office for the 2011-2012 term. 

"We are thrilled to host this conference in Dallas; it’s an upbeat city with an attractive and charming downtown area and some of the best hospitality around," said Annual Meeting Co-Chair Kevin Swift, chief economist and managing director of the American Chemistry Council. "The Annual Meeting Committee has pulled together an outstanding program that will inform your planning for 2012 and beyond, and enrich your thinking about the lay of the land in the new global economic landscape."

Co-Chair Lisa Emsbo-Mattingly noted the program offers “a full schedule of sessions that cover the issues that arise as global markets and economies rebalance following the recent global crisis—everything from manufacturing, energy, and geopolitics to commodities, regulation, and markets will be covered."  She is director of research in the Global Asset Allocation division at Fidelity.
Wobbekind thanked Swift, Emsbo-Mattingly, Huang, and other organizing committee members: Kevin Kliesen, economist at Federal Reserve Bank of St. Louis; Jay Bryson, global economist at Wells Fargo; George Kahn, director of research at the Federal Reserve Bank of Kansas City; Chris Varvares, president of Macroeconomic Advisers; Lynn Reaser, chief economist of Point Loma Nazarene University; Robert Fry, senior economist at DuPont; and Paul Hendershot, adjunct professor and senior research associate at the University of North Texas.

 

Kohn To Address Monday Session

Former Fed Vice Chairman Kohn, will address the meeting at a morning session on Monday, September 12.  Kohn is a 40-year veteran of the Federal Reserve System and served as vice chairman of the Fed’s Board of Governors from 2006 to 2010. He was recently appointed by the government of the United Kingdom and the Bank of England to serve on its interim Financial Policy Committee. At the Brookings Institution, Kohn focuses on issues of monetary policy, financial regulation and macroeconomics.
Dallas Fed President Fisher will offer the central bank’s view of “U.S. Monetary Policy in a Global Context” at an afternoon session on Monday, September 12.  Appointed to the post in April 2005, he is currently a voting member of the Federal Open Market Committee.
General and concurrent sessions will also address these questions:

• Where in the World? The Changing Geography of Economic Activity
• Implications of Shifts in Global Capital Flows
• Politics, Demographics and Resources: Is Latin America Set for Resurgence?
• Challenges of Global Aging, Entitlements, and Health Expenditures
• The Consumer: Has There Been a Fundamental Change in Consumer Behavior?
• The State of Small Business and Entrepreneurial Challenges
• Geopolitical Risks: Where is the World Going?
• Evidence of a Super Cycle? Outlook for Commodities
• Shale Gas as a Game Changer
• Light Vehicles: How Do the Emerging Markets Change the Auto Market?  

Other speakers who will address sessions at the meeting include: Sara Banaszak, vice president and chief economist, America's Natural Gas Alliance; Barry Bannister, managing director, Stifel Nicolaus; Terry Barr, senior director, CoBank; Nathan Berg, professor, University of Texas-Dallas; David Bowers, managing director of global strategy, Absolute Strategy; Stephen P.A. Brown, professor, University of Nevada, Las Vegas; Brian Bucks, economist, Federal Reserve Board; Sam Chandon, global chief economist, Real Capital Analytics; Roberto Coronado, economist, Federal Reserve Bank of Dallas; Richard Curtin, professor, University of Michigan; Michael Drury, chief economist, McVean Trading; William Dunkelberg, chief economist, National Federation of Independent Business; Zhao Hang, president, China Automotive Technology Research Center; Vernon Henderson, professor, Brown University; Hillard Huntington, executive director, Energy Modeling Forum, Stanford University; Ajay Kapur, managing director, Deutsche Bank AG; Nicholas Lardy, senior fellow, Peterson Institute for International Economics; Susan Lund, director of research, McKinsey Global Institute; George Magliano, director, North American Automotive Research, IHS Global Insight; Kenneth B. Medlock, III, professor, Rice University; Walter Molono, managing director, BCP Securities; James Overdahl, vice president, NERA Economic Consulting; Lawrence Plummer, professor, University of Oklahoma; Jennifer Taub, professor, Vermont Law School; Paul Thomas, chief economist, Intel Corporation; Joe Thornton, executive managing director, Holliday, Fenoglio, Fowler, L.P.; Mine Yucel, vice president and senior economist, Federal Reserve Bank of Dallas; and Steve Zinger, global business director, Chemical Market Associates, Inc.

Meeting, Hotel Registration Information

Register online for the annual meeting and separately for the Saturday tour and author dinner here. Information on the Adolphus Hotel is available here.   Members are encouraged to register as soon as possible at the NABE rate of $158 a night, which will be available until August 19 or until the block of rooms is booked.

 

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