Silvana Tenreyro on: International trade, global supply chains, and monetary policy

International trade, global supply chains,
and monetary policy

Silvana Tenreyro, Member of the Monetary Policy Committee, Bank of England 

Moderated by:
Beata Javorcik, Chief Economist, European Bank for Reconstruction and Development, and CEPR

Monday 25 October

09h00 - 10h15 EDT (New York)
14h00 - 15h15 BST (London)
15h00 - 16h15 CEST (Paris)

Supply chains have dominated the news in recent months. Shortages of food, petrol, and materials have made people acutely aware of how the goods and services they rely on every day reach them.
In this speech, moderated by Professor Beata Javorcik, Professor Silvana Tenreyro will explain what supply chains are, why they matter, and analyse their growing importance to the global economy over recent decades. She will also discuss the implications supply chain disruptions have for policy making. Her talk will first look at trade policy, where the benefits of re-shoring business are being assessed against the benefits of diversifying supply chains. Next, it will address the role supply chain disruptions have on inflation, and how monetary policy can respond.

Silvana Tenreyro is a member of the Bank of England's Monetary Policy Committee, Professor in Economics at the London School of Economics and a Research Fellow of CEPR.

Beata Javorcik, Chief Economist at the EBRD and Programme Director of CEPR's International Trade and Regional Economics Programme Area, will introduce and moderate the session.