It is our pleasure to welcome you to the 77th Annual Congress of the International Instutitue of Public Finance. The theme coincides with the start and end of every discussion among economists and policymakers as the direct battle against the corona virus of 2019 is entering a new phase with the introduction of a vacsine: “Public Finance in the Era of the COVID-19 Crisis.” Economic policy makers are challanged with a multitute of tasks from dealing with economic recessions, making up for lost study time in elementary and secondary education, realigning female labor supply, readjusting the safety net, adapting to digitization, and raising tax revenue to fund necessary services.
As of mid-December 2020, when these words are written, we still don‘t know in what format the congress will be given. If all goes well we will enjoy the spectaculars of semi-arctic summer in Reykjavik at the end of August. Else we have to go to the second best and will have to apply our digital skills once more. Regardless, we are commited to a Congress in some form.
Although many governments have enacted short term policies to combat the virus and the resulting economic downturn, the long-term consequences of the pandemic on low-income households, female participation in labor markets, and the implications for school aged children remains uncertain. These distributional consequences of the pandemic are important to understand the dynamics of inequality over the long term, along with the appropriate policy responses.
Public health policies, labor and education policies, social policies, and tax policies are all relevant from a public finance point of view. The keynote lectures of the congress will therefore focus on a wide variety of policy challenges created or amplified by COVID-19.
The papers to be presented at the IIPF Congress will be selected by the Scientific Committee and need not relate to the Congress theme.
Acceptance decisions will be communicated by the end of April 2021. Authors of accepted papers are required to become members of the IIPF and to confirm their presentation by paying the registration fee. Payment of the annual IIPF membership fee also ensures a reduced registration rate. For more information about IIPF membership please visit www.iipf.org/mbshp.htm .
We look forward to welcoming you in person in Reykjavik, Iceland 2021!
President, International Institute of Public Finance, Munich
President, Ifo Institute and of CESifo GmbH, Munich
Professor of Economics, University of Munich
Þórólfur Geir Matthíasson
Chair of IIPF 2021 Local Organizing Committee
Professor of Economics, University of Iceland