"{{ovation.quote}}"
-{{ovation.company}}The Global Economic Landscape
One of the most respected central bankers and financial policy makers of our time, Sir PAUL TUCKER dives into the top issues facing the global economy, from the geopolitical factors affecting international trade, to how central banks will manage their balance sheets. Drawing on a tremendous wealth of experience from his years at the Bank of England and in domestic and international policymaking, Tucker sheds light on the major forces shaping the economy, providing both a near- and long-term forecast that leaves individuals and organizations better equipped amid an uncertain political and economic climate.
The Role of Central Banks in International Financial Stability
Governor of the Bank of England, Sir PAUL TUCKER reveals the factors jeopardizing the financial system’s stability and how central banks will or will not react. With tremendous candor and insight, Tucker takes audiences behind the research from his book Unelected Power, discussing the extraordinary role central banks have taken on in the wake of the financial crisis and amid geopolitical change, what constraints on that power are necessary, and what the future can and should look like.
The Future of Europe and Brexit
Former Deputy Governor at the Bank of England, Sir PAUL TUCKER penned one of the foundational white papers on Brexit, “Europe after Brexit: A proposal for a continental partnership,” and has been sought-out to shed light on the implications for the United Kingdom, the European Union, and the global economy at large, to audiences around the world, including the World Economic Forum at Davos, the Council on Foreign Relations, the Hoover Institution, and Harvard University. Substantive, forward-looking, and concise, in the crucial and timely talk, Tucker reveals Brexit’s future direction and what it will mean for businesses and organizations across industries.
Chair of the Systemic Risk Council and former Bank of England deputy governor, Sir Paul Tucker is one of the most respected central bankers and financial policy makers of our time. He joined the Bank in 1980 and played a major role during his tenure in many of the most significant developments in the international financial system. Mr. Tucker was a member of the Bank’s Monetary Policy Committee, Financial Policy Committee, Prudential Regulation Authority Board, and Court of Directors. He was knighted for his reforms, which created a more resilient international banking system.
Sir Paul is noted for his analysis and understanding of the capital markets, developing a new rigor and set of relationships for the BOE, which informed his voting positions on quantitative easing and forward guidance as a member of the Monetary Policy Committee. Sir Paul was analyzing the data and driving economic policy at one of the world's most influential and internationally oriented central banks only a few short months ago, and he has much to share about the implications of monetary policy for the global economy, international financial markets, and risks to monetary and financial stability.
As a former leading member of the G20 Financial Stability Board, he has keen insight into international policymaking and into how large and complex international banks and markets should be properly supervised given the myriad of global regulations. He believes the new regulatory regime will influence monetary policy as well as shaping banks' strategies, and that policy to cure the problem of “too big to fail” should focus less on breaking up banks and more on 'resolution regimes' that put losses on to equity investors and bond holders, not taxpayers.
Sir Paul was instrumental in establishing how an independent Bank of England sets monetary policy free from political decisions, illustrating how central bankers were responsible for some of the most effective policy initiatives during the last decade. Reflecting his agency in public policy via the Bank of England, globally and in Europe, Tucker is now a research fellow at Harvard's Kennedy School of Public Policy. Sir Paul also serves as a Director at Swiss Re, a leading global re-insurer, and was recently elected to the board of the Financial Services Volunteers Corps (FSVC).