Full University Professor at the London School of Economics, Luis Garicano exposes this Thursday, 27 March, in the Faculty of Economics of the University of Valencia, his alternative to come out of recession. Considered media and academically as a true guru, Garicano present his latest book, ‘The Dilemma of Spain’, in a debate with Javier Andrés, Full University Professor of Economic Analysis at the University of Valencia.
The presentation, which has been organized by the Institute of International Economy (IEI) with the support of the Rafael del Pino Foundation, will be held at 12:00 at the “Salon de Actos of the Library Gregori Maians of the campus of Tarongers of the UV. The act will be presented by the professor Leandro García, head of the IEI.
The work, edited by “Peninsula”, bears a descriptive subtitle: “A practicable vision at a short term of what Spain must do in order to come out of recession”. Garicano considers that Spain faces, in the following years, to a historic crunch. On the one hand, he visualized an apparently easy option, the one of the stillness and the populism, the Spanish channel to underdevelopment followed by Venezuela and by Argentina, channel which Spain has always seen itself tempted . On the other hand, this is a path with requires important changes at a short term, but it can cause economy and society to become more productive. Choosing the second option supposes, according to Garicano, carrying out reforms at least in three areas of priority: education, in order to make it less memory dependent and focus it in analytical aspects; economic institutions, to assure a more transparent market, and political institutions, to increase the quality of our elites to make them to accountable to citizens. In this book, professor Gariciano decisively bets for the second option, based on investment in human capital, the reform in depth of the State and justice, and the compulsory compliance of rules, and he proposes a practicable vision of what Spain must do in order to come out of the stagnation where it is now.
Luis Garicano (Valladolid, 1947) is full university professor of Economics and Strategy in the Departments of Business Administration and Economics from the London School of Economics. He is doctor in Economy for the University of Chicago, where he has developed most part of his teaching and research career. His research areas are the productivity growth, new technologies and work organisation. He has been a visiting professor in the Massachusetts Institute of Technology and the London Business School, among other academic institutions, and in 2007 he received the Banco Herrero Foundation Award for best Spanish researcher under 40 years old in the fields of economics, business and social knowledge. He was founder of the economic block ‘Nothing is Free’, and co-author of the book with the same name.
The Institute for International Economics (IEI) is a centre of specialised research and training created in 1995. Its priority aim is promoting a research platform, open-minded and of the highest academic level, in the wider context of the analysis of the economy and international relations. Currently, they are assigned to the IEI teachers and researchers in the areas of Economic Analysis, Applied Economics, Financial Economics and Business Management. The IEI has a clear commitment to public service, which aims to respond to the demand for more applied research emanating from their environment, both public and private. Therefore, it includes among its activities work projects linked to institutional and business initiatives, within the local, national and international level, which provides an analytical and methodological approach in accordance with the principles and objectives of academic excellence which define it.
Last update: 26 de march de 2014 10:53.
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