PULSE lecture with the third Governor of the Czech National Bank Ing. Miroslav Singer, Ph.D. Highlights

Last month we were grateful and privileged to welcome Ing. Miroslav Singer, Ph.D., the third Governor of the Czech National Bank, to the University of New York in Prague. Dr. Singer presented a lecture on “The Czech Economy in a Central European and International Context” to an audience of UNYP students and guests. 

Miroslav Singer is one of the most distinguished Czech economists of our time. In 2001 he was appointed to the Bank Board of the Czech National Bank, having previously held senior management positions in PricewaterhouseCoopers and the Expandia financial group. Between 2005 and 2010, Dr. Singer held the post of Vice-Governor of the Czech National Bank, and he was promoted to Governor in 2010, a position that he held until 2016. From early 2017, Dr. Singer served as the Director of Institutional Relations and Chief Economist at Generali CEE Holding, and he became a member of the Executive Committee of Generali CEE Holding in January 2018. 

Dr. Singer opened his lecture with a few thoughts on some critical political and economic issues, evaluating the new global political uncertainty and its effects on the European economy. He also focused on the results of the European parliamentary elections, and raised the question of whether the rift within the European Union is the primary source of this uncertainty. Dr. Singer continued with an analysis of the current stage of the global economic cycle, stating: “After the Great Recession, i.e., the worst crises of post-war capitalism, economic growth is only a little above its potential, and is falling.” Regarding the economic situation, Dr. Singer commented: “Neither the current situation nor the prospects for growth are tragic, but both are worsened by political risks.” Dr. Singer concluded his lecture with an in-depth discussion of the Czech economy. In his opinion: “The risks to this country’s economy originate from global trade tensions, but the lowest unemployment in OECD keeps consumers happy as wages are growing.”

You can download the full presentation of Dr. Singer’s lecture here: 

PULSE lecture-Miroslav Singer

pulse-lecture.pdf