Opening of the 31st Dubrovnik Economic Conference

Published: 7/6/2025
Opening of the 31st Dubrovnik Economic Conference

The 31st international economic conference started in Dubrovnik today. The Dubrovnik Economic Conference has been a traditional meeting point and a place of dialogue for distinguished scientists and representatives of international financial institutions, central banks and the financial sector.

The first day focuses on experiences with monetary policy quantitative easing and quantitative tightening, pandemic-era inflation and interest rate uncertainty in the US, as well as the question whether currency wars will follow the tariff wars.

The second day of the conference deals with central bank communication and digital currencies, and the impact of climate change on the banking system.

The keynote lecture on inflation targeting as a global monetary standard will be delivered by Claudio Borio from the Bank for International Settlements (BIS).

The conference was opened by CNB Governor Boris Vujčić, who will also chair the first panel discussion about different characters of the monetary policies pursued by major central banks. The panellists include Isabel Schnabel, member of the Executive Board of the European Central Bank, Megan Greene, member of the Monetary Policy Committee of the Bank of England, Patricia Mosser, Director of the MPA Program in Economic Policy Management at Columbia University, and Miao Yanliang of China International Capital Corporation.

Conference participants include, among others, Michael McMahon, Professor of Economics at University of Oxford, Evelien Witlox, the program director in charge of the Digital Euro project of the European Central Bank, Marcelo Estevao, Managing Director and Chief Economist at the Institute of International Finance, and Iain Begg, Professorial Research Fellow at the European Institute, London School of Economics and Political Science.

The papers presented at the conference are available at the website of the Croatian National Bank.

CNB’s macroeconomic projections – June 2025