The New Financial ArchitectureNovember 18th, 2010 |
Public interest in financial economics has increased sharply as a result of the financial crisis. We are currently caught up in an intense discussion on what the role of financial markets should be, and how the entire financial architecture should be rebuilt to avoid crashes in the future.
One important lesson we have learned is that financial markets cannot be analyzed and regulated by one individual country. Reforms and regulatory institutions need to be coordinated and centralized, especially within the European Union. Financial markets and the resulting risks and benefits have become global and must be discussed across borders and continents. For smaller countries like Austria to have a voice in this process, it is particularly important to contribute innovative ideas based on sound financial research.
We are happy to invite you to the WU Competence Day 2010, organized by WU’s Department of Finance, Accounting and Statistics. This event will provide an overview of the Department’s research activities in financial economics. In addition to WU faculty, leading international experts have also agreed to participate in this year’s Competence Day.
The WU Competence Day 2010 will demonstrate how diverse and exciting research in finance can be. We are looking forward to welcoming you to this event and discussing these highly topical finance issues with you.
Josef Zechner
Program Chair
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