09.15 – 09.30
Daily Programme
"Global Finance: Contemporary Settings"
- Monday 22/07/2019
- Tuesday 23/07/2019
- Wednesday 24/07/2019
- Thursday 25/07/2019
- Friday 26/07/2019
- Saturday 27/07/2019
- Sunday 28/07/2019
Opening
09:30 – 16:00
Presentation: “Public Finance: New Trends and Contemporary Approaches”
Professor Grigor A. Akhinov, Lomonosov Moscow State University
09:30 – 09:45
Introduction (Public Finance Mission)
09:45 – 11:00
Public Finance – definitions, statistical indicators and new trends
- public financing, production and distribution of public and merit goods
- main complementary ways of coordination of economic activity (market and state)
11:00 – 11:30
Coffee break
11:30 – 13:00
Functions of Public Finance in the modern market economy
- stabilization function (macroeconomic equilibrium)
- resource allocation function (fiscal illusion, public debt and methods of its coverage)
- income distribution function (income distribution and public stability)
13:00 – 14:15
Lunch
14:15 – 15:45
Public Choice Theory (non market method of public finance allocation)
- identification and aggregation of consumer preferences for public and merit goods in the conditions of a direct and representative democracy
- decentralization decision-making and issues of public finance efficiency
15:45 – 16:00
Coffee break
16:00 – 17:30
Presentation: “Negative interest rates and banking business”
Dr. V. Ostrovski, Advisor to the CEO of RCB Bank Ltd
19:30 – 22:30
Welcome Dinner for All Participants
08:00
Depart to Nicosia
10:00 – 11:00
Visit to the Presidential Palace
Meeting with the First Lady of the Republic of Cyprus Mrs Andri Anastasiades
11:30 – 14:00
Visit to the A. G. Leventis Gallery
- Gallery Tour
- Round Table related to the topic of Cyprus reunification
- Presentation and Discussion: “The Cyprus Problem and Interethnic Reconciliation”
Dr. Marilena Zackheos, Assistant Professor, University of Nicosia - Presentation: “In Search of Missing Persons in Cyprus”
Ms. Sevgul Uludag, Investigative Journalist, YENİDÜZEN and POLITIS newspapers
- Presentation and Discussion: “The Cyprus Problem and Interethnic Reconciliation”
14:00 – 15:00
Lunch
15:00 – 19:00
Cyprus Museum Tour, Nicosia Walking Tour
19.00
Depart to Limassol
09:30 – 16:00
Training: “Effective Communication Management”
Vladislav Tchoubarov, President of Integrative Psychology Institute
09:30 – 09:45
Introduction
09:45 – 11:00
Part 1: Relationship Building
Effective relationship building is a basic competence for developing strong connections with colleagues, subordinates, managers, and peers
11:00 – 11:30
Coffee break
11:30 – 13:00
Part 2: Decision making
Decision making is an essential skill for an effective person as they have to make major and strategic decisions, both individually and as a group
13:00 – 14:00
Lunch
14:00 – 15:30
Part 3: Emotional Intelligence and Stress management
Emotional intelligence in all life aspects is a key to being an effective and high-performing person
15:30 – 16:00
Coffee break
16:00 – 17:30
Presentation: “The Banking Business: Contemporary Trends and Perspectives”
Demetra Ellina, Advisor, RCB Bank Ltd
16:00 – 16:45
Introduction
16:45 – 17:30
CAMEL: a rating system for financial institutions
- “C” is for Capital (stress tests and many other things)
- “A” is for Assets (decreasing intervention and the elephant in the room)
- “M” is for Management (the importance of the “tone at the top”)
- “E” is for Earnings (without profits there is nothing)
- “L” is for Liquidity (solid banks that are liquid)
Governance: by example and comparison
19:30 – 23:00
Dinner for All Participants with Vladislav Tchoubarov
09:30 – 16:15
Presentation and Discussion: “The European Financial System”
Professor Alojzy Z. Nowak, University of Warsaw
09:30 – 09:45
Introduction
09:45 – 11:00
The European Financial System before and after Brexit
11:00 – 11:30
Coffee break
11:30 – 13:00
Workshop and Discussion: European and Global Financial System
13:00 – 14:00
Lunch
14:00 – 15:30
Workshop and Discussion: European and Global Financial System
15:30 – 16:15
Coffee break
16:15 – 17:45
Presentation: “The State and the Market”
Professor Sofronis Clerides, University of Cyprus
9:30 – 12:45
Presentation and Discussion: “Artificial Intelligence, Robots and Fintech: Opportunities or Disruption"
Sir Christopher Pissarides, Regius Professor of Economics, London School of Economics Political Science
9.30 – 11.00
Introduction
11:00 – 11:15
Coffee break
11:15 – 12:45
Discussion
13:00 – 14:00
Lunch
14:30 – 16:00
Discussion
All Summer Programme Participants
13:00 – 14:15
Lunch
14:15 – 19:30
Tour Programme
Upon successful completion of the knowledge-rich curriculum participants will have a unique opportunity to explore the deep history, natural beauty and cultural treasures of Cyprus.
The students will visit and enjoy:
- Troodos Mountains
- Omodos Village
19:30 – 21:30
Dinner
12:00 – 14:15
Tour Programme
Today Economic Summer Programme participants will discover the must-see attractions in Cyprus. This tour will take students to following beautiful places. Have your camera ready!
- Kolossi Castle
- Kourion
- Aphrodite’s Rock
- St. Neophytos Cave
- Tombs of the Kings
14:15 – 15:30
Lunch at Paphos harbor
15:30 – 17:30
Tour Programme
- Paphos Mosaic
19:30 – 22:30