The Spanish First Deputy Prime Minister, Nadia Calviño, and LSE President and Vice Chancellor, Minouche Shafik will discuss about the different challenges the world economy currently faces.
For many years we had grown accustomed to a world in which globalization had contributed to spread prosperity to far-flung places across the world, facilitating technological diffusion, generating employment, reducing inflation, and promoting economic growth. However, globalisation has also been at the root of increasing tensions both at a global scale and within countries. Phenomena like the diffusion of global value chains and the offshoring of economic activities have created winners and losers. Those at the losing and of the scale are now expressing a growing discontent and political tensions are rising as a result. Moreover, phenomena like the rapid development of artificial intelligence and the green and digital transitions will bring about new opportunities and challenges.
Nadia Calviño and Minouche Shafik will discuss these challenges in a world in which recent upheavals, such as the Covid-19 pandemic — which exposed the fragility of global value chains and the vulnerability of many economies— and recent geopolitical tensions, enhanced by the Russian war of aggression in Ukraine, are pushing many economic stakeholders to think about the need of a new economic paradigm.
Meet the Spanish First Deputy Prime Minister
Nadia Calviño, is currently First Vicepresident of Spain and Minister for Economy and Digitalization. She has recently been appointed Chair of the International Monetary and Financial Committee (IMFC) of the International Monetary Fund with a two year mandate.
She holds a degree in Economics (1991) from the Universidad Complutense de Madrid (Spain) and a degree in Law (2001) from the Universidad Nacional de Educación a Distancia (UNED). She is also a career civil servant, member of the specialized public corps of the Spanish Administration of “State Economists and Trade Experts” (Técnicos Comerciales y Economistas del Estado). She has been a member of the Spanish Government since June 2018, first as Minister for Economy and Business (2018-2020), and then as Third Vice-President (Jan 2020 – March 2021), Second Vice-President (March 2021 – July 2021) and First Vice-President and Minister for Economy and Digitalization since July 2021. On December 23rd 2021, she was also appointed Chair of the International Monetary and Financial Committee (IMFC) of the International Monetary Fund, with a two year mandate compatible with her position in the Spanish Government.
Before her return to Spain, she worked for 12 years in the European Commission, where she held top senior management positions as Deputy Director General for Competition for Mergers and Antitrust (Sep 2006 – Oct 2010), Deputy Director General for Financial Services (Nov 2010 – April 2014) and Director General in charge of the Budget (May 2014 – June 2018). Before joining the European Commission in September 2006, she pursued her career as a civil servant in Spain within the Ministry for Economy in the areas of foreign trade, macroeconomic analysis and forecasting, economic policy and competition. Senior roles included Deputy Director General for Legal Affairs, Deputy Director General for Mergers and Director General for Competition.
Minister Calviño lectured at the Faculty of Economics at the Universidad Complutense of Madrid. She has published a large number of articles and, amongst other honors and titles, has been awarded the “Women and Technology Award” (2021), “Master of Digital” Award (2021), “Fernández Latorre” Journalism Prize (2020), 2012 “Women's Leadership” Award; and the 2007 Public Sector “Under 40 Lawyer of the Year” by the Iberian Lawyer magazine.
Meet our President and Vice Chancellor
Nemat (Minouche) Shafik is a leading economist, whose career has straddled public policy and academia. She was appointed President and Vice Chancellor (formerly Director) of the London School of Economics and Political Science in September 2017.
She did her BA at the University of Massachusetts-Amherst, her MSc at LSE and her DPhil at the University of Oxford and, by the age of 36, had become the youngest ever Vice President of the World Bank. She taught at Georgetown University and the Wharton Business School. She later served as the Permanent Secretary of the Department for International Development from 2008 to 2011, Deputy Managing Director of the International Monetary Fund from 2011 to 2014 and as Deputy Governor of the Bank of England from 2014 to 2017, where she sat on all the monetary, financial and prudential policy committees and was responsible for a balance sheet of over £500 billion.
Minouche has served on and chaired numerous boards and currently serves as a Trustee of the British Museum, the Supervisory Board of Siemens, the Council of the Institute for Fiscal Studies, and the Economy Honours Committee. She was made a Dame Commander of the British Empire in the Queen’s Birthday Honours list in 2015. In July 2020 Minouche was made a cross-bench peer in the House of Lords.
More about this event
The Cañada-Blanch Centre at LSE is the vehicle to achieve the objective of the Fundación Cañada Blanch: developing and reinforcing the links between the United Kingdom and Spain. This is done by means of fostering cutting-edge knowledge generation and joint research projects between researchers in the United Kingdom, and at LSE in particular, on the one hand, and Spain, on the other.
From time to time there are changes to event details so we strongly recommend that if you plan to attend this event you check back on this listing on the day of the event.
Whilst we are hosting this listing, LSE Events does not take responsibility for the running and administration of this event. While we take responsible measures to ensure that accurate information is given here this event is ultimately the responsibility of the organisation presenting the event.