This volume provides perspectives on this legacy from a variety of contributors including banking practitioners, central bankers, regulators, politicians, academics, and journalists. They offer insight into what remains of the crisis in terms of public and industry awareness, changes to the post-2008 financial architecture, lessons from the national experiences of highly exposed small economies, and considers this legacy in terms of oversight by regulatory regimes without ignoring more recent comparisons of the corona pandemic with the global financial crisis, notably in terms of policy responses. These diverse perspectives are drawn together to ask how we can ensure that these lessons will be transmitted to the new generation of global financiers.
The presentation and discussion of the main issues raised by the book, including how the legacy of the global financial crisis has been tested by the Covid crisis, will be moderated by professor Youssef Cassis, co-editor of the book with Jean-Jacques van Helten and two EUI contributors, Ramon Marimon (professor of economics) and George Papakonstantinou (former Greece Finance Minister) on-site in Sala Triaria, EUI, Florence. Several external contributors, including Charles Goodhart (LSE), Pervenche Berès (former MEP), Patrick Honohan (former Governor of the Central Bank of Ireland), Thomas Huertas (former executive director, Financial Services Authority), Agnieszka Smolenska (European Banking Institute), and Laurence Bogni-Bartholmé (CRO, Lowell Group) will take part via Zoom. The debate will be open to all participants.