Finance Malta is holding the third in a series of educational clinics themed ‘On course for global trend growth?’ at the Malta Stock Exchange in Valletta on September 29.
Changes in consumer and business confidence will be examined by Dr Cordina
The event will be led by prominent speakers Oliver Stones, head of fixed income, vice-president, Quilter, and Gordon Cordina of the University of Malta.
They will assess the challenges and opportunities facing global economic growth and their relevance to Malta’s economic growth going forward.
Mr Stones will cover the current main global themes for this year and next year, as well as austerity measures in the UK and the lessons for other EU member states. He will analyse US quantitative easing and expansionary fiscal policy and examine the outlook, strategy and asset allocation for next year.
Dr Cordina will examine the factors influencing the rate of economic growth, including changes in consumer and business confidence, aggregate demand conditions in Malta’s trading partners, and monetary and fiscal policy.
The clinic aims to explore global economic growth and to look at methods being used to achieve it. Each clinic is a Finance Malta-organised event held for members and key stakeholders to facilitate market development.
Finance Malta’s clinic, supported by the Chartered Institute for Securities and Investment, is particularly topical given a report written by Chris Giles published in the Financial Times on September 5 highlighting a slowdown in the service sector and showing the growth of services slowed sharply in the world’s largest economies, a key indicator that has heightened concerns about the health of the global economy.
The situation in the eurozone caused extensive market volatility recently, centred on concerns that Greece’s plans to swap its government bonds for others that pay less interest over a longer timeframe will hit the earnings of banks across Europe. Other governments may ultimately have to follow Greece’s lead as they seek to lower their budget deficits and overall debt, triggering adjustments of growth forecasts.
Finance Malta launched the first in a series of educational clinics last April and plans to hold such events quarterly for members and the financial services community.
This event has been accredited as two hours of structured Continuing Professional Education and qualifies for the attainment of professional competencies in terms of the Malta Institute of Accountants CPE regulations. CISI members will also be able to submit details of their attendance of this event towards their CISI continuing professional development logs.
Information and booking details are available at www.financemalta.org or contact@financemalta.org.