Beata Javorcik is Chief Economist of the European Bank for Reconstruction and Development (EBRD) in London. She is on leave from the University of Oxford, where she is the first woman to hold a Statutory Professorship in Economics. She is also a Fellow of All Souls College, Oxford, a member of the Royal Economic Society’s Executive Committee and a Director of the International Trade Programme at the Centre for Economic Policy Research in London. Before taking up her position at Oxford, she worked at the World Bank in Washington DC, where she focused on research, lending operations and policy advice. She holds a Ph.D. in Economics from Yale and a B.A. in Economics (Summa cum Laude) from the University of Rochester.
One of the more encouraging outcomes yielded by the pandemic is that climate and digital transitions have been widely recognized and embraced as essential elements of the solution at the EU level. A key ingredient to unlocking this twin transition is private sector innovation. Europe’s innovative businesses and tech startups could drive the post-pandemic economic recovery and advance Europe’s ambition to reduce its dependence on technology solutions originating outside of the EU. Navigating the post-pandemic terrain presents a unique set of challenges and opportunities. Trade barriers, impaired supply chains, restricted travel and geopolitical tensions embolden the European Commission and national governments to reshore green industries and develop more sustainable supply chains in-house. As part of its broader recovery strategy, how can the Central-Eastern European (CEE) region help Europe become a global leader in the green and digital transitions? Is smart & digital a just answer to the covid19 experience and climate change? Which sectors show the greatest potential in the new post-covid19 landscape? How can governments create an enabling environment for regional innovation and what are key coping tools (investment, regulatory, tax)?