Andrea Boltho, was educated in Italy and at the Universities of London (LSE), Paris and Oxford. From 1966 to 1977 Mr. Boltho worked at the OECD’s Department of Economics and Statistics.
In 1973-74 Japan Foundation Fellow at the Research Institute of the Economic Planning Agency, Tokyo. From 1977 to 2007, he was a Fellow and Tutor in Economics at Magdalen College, University of Oxford. Since 2008, Mr. Boltho is Emeritus Fellow. At various stages, he has been consultant to the World Bank, the OECD and a member of the Academic Council of the IFO Institute, Munich, as well as a Visiting Professor in various European universities.
Andrea Boltho has been a Member of the Board of Finmeccanica, is a Director of Oxford Economics and has lectured on world and European economic developments to various private sector corporations, including ABB, Anglo American, Arthur Andersen, FIAT, Ericsson, Generali, IBM, KPMG, Pirelli, Siemens, Stora Enso, Volvo etc.
|Senior Management Symposium
Economic Outlook: The good, the bad and the ugly
10 April 2017, 09:30 – 09:55
The world’s economic outlook at present is, inevitably, clouded. Trump’s economic policies are, as yet, unknown. Should he stick to some of the pronouncements he made during the electoral campaign (huge tax cuts for richer households, imposition of tariffs on China and Mexico, drastic reductions in the immigrant population, etc.), he may well risk a trade war abroad and, possibly, even a recession at home. Should he behave more presidentially (and also accept that Congress may veto some of his more extreme policies), then the US economy may not be unduly affected by the change in the White House. Indeed, it could even benefit from corporate tax cuts and a large programme of infrastructure investment.
Further uncertainties relate to the unravelling of the Brexit process and, more generally, to the rise of populism in Europe. Elections will be held this year in the Netherlands, France, Germany and, possibly, Italy. Successes for populist politicians such as Marine Le Pen, Geert Wilders or Beppe Grillo seem unlikely at present, but then the same was said about Brexit and Trump. Forecasts for the world economy are at present clearly surrounded by an unprecedented amount of uncertainty. Hopefully, by the time of the Conference, some, at least, of these uncertainties will have been lifted.