Forum with leading economists: The facts on the global financial crisis

Date: 22/04/2009

The global economic situation in 2009 is complex and rapidly changing. It has been the subject of much debate and examination internationally, but what do we really know about the implications for Australia now and in the future?

The Whitlam Institute within the University of Western Sydney and the UWS School of Economics and Finance are bringing together leading economists with a wide range of backgrounds and viewpoints for the 'Getting to Grips with the Economy' series.

The forums will present the latest facts and theories to inform community discussion and debate.

The first forum, 'Australia's economy: Staying afloat in the global storm', will be held on Tuesday 26 May at the Parramatta Riverside Theatres, and will feature a keynote address by Dr David Gruen, Executive Director, Macroeconomic Group, Australian Treasury.

Eric Sidoti, Director of the Whitlam Institute, says the new series of topical, educational forums are designed to provide the community a chance to engage with key economic decision makers and commentators.

"The global financial crisis is never far from the headlines, but few of us truly understand what is happening. The potential economic and social impact of today's events on our future is even less well understood," says Mr Sidoti.

"The Whitlam Institute's forums will gather the leading economic thinkers for a rare public discussion in which the issues will be explained and debated. A question and answer session in each forum will be a highlight and a rare opportunity for the community to question the experts directly."

This is the second series of public forums organised by the Whitlam Institute, following up on the popular Energy Security discussion series in 2008.

"The Whitlam Institute is taking a leading role in putting the community in the driver's seat for important issues," says Mr Sidoti.

"The global financial crisis is without doubt one of the most critical issues we face as a nation and it is vital that the community is able to be part of the discussion with all the facts on the table."

Speakers confirmed for the series include:
Dr David Gruen, Executive Director, Macroeconomic Group, Australian Treasury; Ross Gittins AM, Economics Editor, The Sydney Morning Herald; Professor Patricia Apps, Professor of Public Economics and Director of Research, Faculty of Law, University of Sydney; Professor John Quiggin, Australian Research Council Federation Fellow in Economics and Political Science, University of Queensland; Professor Bob Gregory AO, Professor of Economics, Research School of Social Sciences, Australian National University; Dr Guy Debelle, Assistant Governor (Financial Markets), Reserve Bank of Australia; and Professor Raja Junankar and Associate Professor Steve Keen, from the UWS School of Economics and Finance.

The first forum on Tuesday 26 May 'Australia's economy: Staying afloat in the global storm' will provide an overview of the national economy and challenges it faces.

Other sessions in the series include: 'Hitting Home: The domestic impacts of economic re-alignment' and 'New Times - New Approaches: exploring Australia's economic options'.

The Whitlam Institute within the University of Western Sydney is a leading national centre for the dialogue and debate on public policy - it is a bipartisan think-tank for the people, working to ignite debate, strengthen discussion and enrich policy development in Australia.

WHAT: 'Getting to grips with the economy' - public information series
WHEN: Session 1, Tuesday 26 May, 2009, 5 to 7pm
WHERE: Riverside Theatres, cnr Church and Market Streets, Parramatta
DETAILS: $10 per session (incl. GST)
BOOKINGS: or ph: 02 8839 3399
More information and school bookings: or ph: (02) 9685 9187
Future sessions: Thursday 18 June and Thursday 23 July.



Senior Media Officer

Paul Grocott
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