Dear Sirs, We have the pleasure of inviting you to the 79th East Jour Fixe of the Oesterreichische Nationalbank (OeNB) on the topic of “Capital Flows to CESEE: Impact on Macro-Financial Stability and Policy Responses,” which will take place at the OeNB in Vienna on November 4, 2016. The East Jour Fixe was initiated by the OeNB in 1991. It is a high-profile policy discussion forum on economic reforms and developments in Central, Eastern and Southeastern Europe (CESEE). Participants come from diverse backgrounds and present academic, political and other professional expertise to a selected audience. The 79th East Jour Fixe will focus on recent developments and driving factors of capital flows in CESEE countries. Joshua Aizenman (USC) will give a keynote speech at the beginning of the workshop. In session 1, we will review the driving forces behind the interaction of capital flows and the boom-bust-cycles the region has experienced during the recent two decades. In session 2, we will look at international country experiences in coping with volatile capital inflows and review the effectiveness of different policy measures. We will end with a panel discussion in order to draw some policy lessons for CESEE countries. Please find the program attached to this e-mail. We kindly ask you to register not later than October 31, 2016 either by e-mail (event-management@oenb.at<mailto:event-management@oenb.at>) or phone to (+43-1) 40420-6620. If you are unable to attend the 79th East Jour Fixe, we would kindly ask you to forward the invitation to another representative or colleague whom you may want to nominate. Should you have any organizational questions, please do not hesitate to contact us. Yours sincerely, Event-Management Communications and Financial Literacy Division Oesterreichische Nationalbank Otto-Wagner-Platz 3, 1090 Vienna, Austria T +43(0)1 404 20 6620 event-management@oenb.at<mailto:event-management@oenb.at> www.oenb.at<http://www.oenb.at> OeNB 1816-2016 – informieren Sie sich über 200 Jahre Stabilität und Sicherheit 200 Jahre OeNB<http://www.oenb.at/200JahreOeNB> Diese E-Mail kann vertrauliche Informationen enthalten und irrtümlich an Sie gelangt sein. In diesem Fall informieren Sie bitte sofort die Absenderin bzw. den Absender und vernichten Sie diese E-Mail. Das unerlaubte Kopieren sowie die unbefugte Weitergabe dieser Mail oder von Teilen dieser Mail sind nicht gestattet.