| Monday, 17 February 2020
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09:00
| Introductory speech Carlos Costa (Governor of Banco de Portugal)
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09:15
| Session 1: The usefulness of external sector statistics in supporting policy
- Paul Austin, Gabriel Quirós-Romero and Jennifer Ribarsky (International Monetary Fund), “International Financial Integration: The Intersection between Policy and Measurement Needs”
- Caroline Bo and Casper Winther (Statistics Denmark), “Addressing user needs and making our external economy data more comprehensible”
- Mher Barseghyan (Central Bank of Armenia), “Need for new “satellite” accounts in International Accounts Statistics”
- Carnell Lambert and Nikolaos Georgiopoulos (Bermuda Monetary Authority), “Macroprudential Liquidity Stress Tests Using External Claims of Banks”
Moderator: Ana Paula Serra (Banco de Portugal)
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11:15
| Session 2: In search of additional insights
- Benedetta Bianchi and Giovanna Bua (Central Bank of Ireland), “Foreign exchange derivatives and currency mismatch in Irish investment funds”
- Virginia Di Nino (European Central Bank), “Decomposing the EA trade balance: where does the value added of conduit economies go?”
- Rogelio Mercado Jr. (The South East Asian Central Banks (SEACEN) Research and Training Centre), “Bilateral Capital Flows: Gravity, Push, and Pull”
- Péter Bánhegyi (Magyar Nemzeti Bank), “Special Purpose Entities: A Visit Outside of the Common Set of Residency and Economic Ownership”
Moderator: Bruno Tissot (Bank for International Settlements)
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14:00
| Keynote speech Philip R. Lane (Member of the Executive Board of the European Central Bank)
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15:00
| Round table discussion: External statistics as a multi-purpose analytical tool: evolution or revolution?
- Philip R. Lane (European Central Bank) - Moderator
- Gian Maria Milesi-Ferretti (International Monetary Fund)
- Cédric Tille (Graduate Institute of International and Development Studies)
- Stijn Claessens (Bank for International Settlements)
- Nuno Alves (Banco de Portugal)
- Rashad Cassim (Irving Fisher Committee on Central Bank Statistics and South African Reserve Bank)
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17:00
| End of first day
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| Tuesday, 18 February 2020
|
09:00
| Session 3: Revisiting compilation frameworks
- Jennifer Withington (Statistics Canada), “Developing an extended and more agile external accounts program”
- Stefan Zeugner and Duncan van Limbergen (European Commission), “Revisiting the income balance. What makes EU tax havens different?”
- Natalia Kupriianova and Nataliya Osiptsova (Central Bank of the Russian Federation), “The system of the presentations of the external sector statistics, strategy and the way of future development”
- Ana Mitreska, Sultanija Bojcheva-Terzijan, Deajn Stankov and Boban Neshkovikj (National Bank of Republic of North Macedonia), “Empowering External Statistic - How to deal with blurred data sources?”
- Edoardo Beretta and Alvaro Cencini (Università della Svizzera italiana and Franklin University Switzerland), “Double-entry bookkeeping and the balance of payments: the need for a substantial, conceptual reform”
Moderator: Silke Stapel-Weber (European Central Bank)
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11:15
| Session 4: The impact of globalisation and digitalisation
- Marios Papaspyrou (Bank of Greece), “On the Re-evaluation of the Air Transport Activity in a Globalized Environment”
- Blessing Adada Gaiya (Central Bank of Nigeria), “Issues in the Compilation of Remittances in BPM6”
- Daniel Sánchez (Bank of Spain), “The advantages of data sharing: the use of mirror data to improve the estimation of Household assets/liabilities”
- Annette Meinusch and Benny Hessel (Deutsche Bundesbank) ,“Measuring digital trade in bop - A supplementary estimate of private households digital purchases using internet data”
- Alessandro Croce, Marco Langiulli and Giuseppina Marocchi (Bank of Italy), “The weight of a “Libra”: are digital currencies a new challenge for external statistics compilers?”
Moderator: Gabriel Quirós (International Monetary Fund)
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14:15
| Session 5: Foreign Direct Investment issues
- Paul Feuvrier (Central Bank of Luxembourg), “Luxembourg, the chain of direct investment ownership and the residence principle”
- Filipa Lima, Flávio Pinheiro, João Falcão Silva and Pedro Matos (Banco de Portugal), “Foreign direct investment – understanding the position of Portugal in a European FDI network”
- Konstantin M. Wacker (University of Groningen), “Differences in measuring FDI and multinational production: do they matter for our economic conclusions?”
- Krzysztof Makowski (Narodowy Bank Polski), “Asymmetries along the chain of round-tripping investment and how to reduce them for better external statistics”
Moderator: Peter van de Ven (Organisation for Economic Co-operation and Development)
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16:15
| Session 6: Dealing with Multinational Enterprises
- Caroline Mehigan, Jenny Osborne-Kinch and Maria Woods (Central Bank of Ireland), “Understanding the presence of MNEs in the Irish Economy”
- Nadia Accoto, Giuseppina Marocchi and Silvia Sabatini (Bank of Italy), “Changes in the structure of multinational groups – A challenge for external statistics compilers”
- Carol Bertaut, Beau Bressler, Stephanie Curcuru (Board of Governors of the Federal Reserve System), “Globalization and the Reach of Multinationals: Implications for Portfolio Exposures and Home Bias”
- Chiara Orsini and Simone Ambroselli (Italian National Institute of Statistics), “Early Warning System (EWS) informative flow weaknesses and opportunities – the Italian experience”
Moderator: Andrea Brandolini (Bank of Italy)
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18:00
| End of Conference
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