You are cordially invited to the following Webinar: Athanasios Orphanides Professor of the Practice of Global Economics and Management, MIT Sloan School of Management "The ECB's Monetary Policy Strategy Review" Monday, March 22, 2021 17:00 After registering by email (Cornelia.Berger@wu.ac.at), you will receive the Zoom link for the Webinar which can be opened directly from your web browser. The Covid-19 pandemic creates enormous challenges for economic policy. It serves as an early stress test for the new monetary policy frameworks which central banks are about to develop in the process of reviewing their strategies. What challenges does monetary policy face in the (post-)pandemic world saddled with high debt? Will current and future strategies be effective at supporting the recovery? From 2007 to 2012, Athanasios Orphanides served as Governor of the Central Bank of Cyprus and was a member of the Governing Council of the European Central Bank. Apart from his current professorship at MIT Sloan, he is also an Honorary Advisor to the Bank of Japan's Institute for Monetary and Economic Studies, a member of the Shadow Open Market Committee, a Research Fellow at the Centre for Economic Policy Research, a Senior Fellow at the Center for Financial Studies, and a Research Fellow at the Institute for Monetary and Financial Stability. The webinar is jointly organized by Aurel Schubert, former Director General Statistics, ECB and by the Institute for Analytical Economics at WU Vienna. Please note also the upcoming Webinar on April 30 with Frank Smets, Director General Economics, ECB, on monetary policy challenges in a high-debt (post-)pandemic world. Sincerely, Guido Schäfer Institute for Analytical Economics, Department of Economics, WU Vienna Welthandelsplatz 1, 1020 Vienna, Austria Tel.: + 431 31336 4579 Email: Guido.Schaefer@wu.ac.at