Keynote Speaker:
Professor Julius Horvath
https://people.ceu.edu/julius_horvath
Julius Horvath is the former Head of the Department of Economics (2006-2011, 2014-2016, 2018-2020), former Acting Dean of CEU Business School (the academic year 2016/2017), and Professor in the Department of International Relations and Economics (from 2005), and an „Egyetemi tanar, in the Hungarian system (from 2009). He has been a member of Academia Europea since 2017. Also, he is a member of the Council of the European Society for the History of Economic Thought. Also, Julius was a former Head of the Department of International Relations (2002-2006). He is a member of the CEU Senate from 2004 to 2022. He was a Member of the Slovak and Czech Accreditation Committees and the Chair of the Slovak Economic Association. His main interest lies in international economic policy issues, monetary relations‘ political economy, and economic thought history. At CEU, he taught courses on Global Economy: Emergence and Issues, History of Economic Thought, International Economic Policy, Political Economy of International Money, Principles of Macroeconomics, and Global Economy in 2030 for Executive MBA students. He has published in journals such as Journal of Comparative Economics, Contemporary Economic Policy, Applied Economics, Economic Systems, Journal of Economic Integration, Nationalities Papers, Journal of Economic Interaction and Coordination, History of Economic Ideas, and History of Economic Thought and Policy. He has also published chapters at Palgrave MacMillan, Edgar Elgar, Kluwer Academic, Duncker and Humblot Berlin, Social Science Information Centre Berlin, Lexington, and others. In December 2020, he published a book at Palgrave MacMillan on the history of economic thought in Central Europe. In January 2022, he published a book at Routledge on the history of Slovak economic thought.
Presentation titled:
Some Historical Notes on the Development of Economy and Economic Thought in Central Europe: From the Early Times Till Almost Today.
Abstract: TBC
Keynote Speaker:
Peter Horvat
Peter Horvat is an economist at the OECD’s Centre for Entrepreneurship, SMEs, Regions, and Cities. Since joining the OECD in 2015, he has contributed to productivity, employment, and trade-related analysis, developing key indicators that explore long-term productivity trends, structural changes and links between trade and jobs in a globalised economy. He currently leads efforts to expand the Trade in Value Added (TiVA) and Inter-Country Input-Output (ICIO) frameworks to the subnational level, promoting the importance of regional perspective in Global Value Chain (GVC) analysis. His work enhances the understanding of regional economic dynamics, providing valuable insights for policymakers navigating globalisation. Previously, Peter was a researcher at the Slovak Academy of Sciences, focusing on econometric modelling and forecasting regional labour market needs. He holds a PhD in Econometrics and Operational Research from the University of Economics in Bratislava.
Presentation titled:
The role of global value chains (GVCs) as a driver of economic growth in regions.
Abstract:
Trade has long been a crucial driver of economic prosperity. Modern communication technologies and declining transportation costs have transformed its nature in the last three decades and led to the increasing fragmentation of production processes and a higher degree of economic connectivity at the global level. This dynamic, where production processes are spread over multiple regions, countries and firms, gives rise to global value chains (GVCs). This transformation has introduced a range of policy challenges and regional disparities as the benefits and impacts of GVC participation vary markedly across different areas. Understanding these dynamics is essential for designing policies that foster sustainable and inclusive regional development.
This paper highlights the critical importance of high-quality regional data in mapping the involvement and specialisation of regions within national and international value chains and assessing how GVCs contribute to regional economic growth. It leverages experimental data and traditional statistics to examine the sensitivity of regional Trade in Value Added (TiVA) indicators to the underlying assumptions and data inputs used to construct these measures. We demonstrate how experimental microdata could inform the construction of regional Supply-Use and Input-Output (SUT/IOT) tables, thereby enhancing the precision of regional statistics.
Drawing on detailed microdata, our research introduces novel metrics and assessments of regional participation in GVCs, ensuring alignment with National Account statistics. We offer a technical delineation of the methodological procedures employed to generate these regional statistics and discuss approaches to bridge existing data gaps. Furthermore, the paper illustrates how the derived tables can be incorporated into the Inter-Country Input-Output (ICIO) framework while providing an overview of methodologies for constructing subnational TiVA indicators.
The paper’s findings underscore the significant role that GVCs play in driving economic growth in regions by enhancing productivity, stimulating innovation, and fostering economic integration. This refined understanding of regional value chains is crucial for policymakers who want to leverage GVCs to catalyse sustained regional development in an increasingly interconnected global economy.
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