Risk and the City: A Brief History of Risk Concepts from Financial Markets to Society

Umberto Cherubini
University of Bologna, Italy

Taking a bird's-eye view of the main financial crises - from the 1929 crash to the current sovereign crisis in Europe - we will discuss how the risk management profession has dealt with each. We will examine how new concepts and tools emerged to address the problems posed by each crisis. By adopting a historical perspective, we will also highlight the peculiar nature of the risk management profession. A risk manager must be ready to address frontier issues in very diverse fields and often in uncharted territory. Our analysis will end with an attempt to define the appropriate research agenda for the current crisis.

UMBERTO CHERUBINI

Umberto Cherubini studied at the "Cesare Alfieri" Social Sciences Institute of the University of Florence and New York University. He worked at the Economics Research Department at BCI Milan (COMIT) before moving to academia in 1998. Since then he has taught financial mathematics and risk management at the University of Bologna, where he currently directs the graduate program in Quantitative Finance. He has been a member of the Scientific Committee of AIFIRM (the Italian Association of Financial Risk Professionals) and of Abiformazione (the education branch of the Italian Banking Association). Cherubini has lectured extensively on risk management topics at in-house courses in Italy (Bank of Italy, CONSOB), and abroad. Cherubini carries out consulting work for Italian city councils on the use and valuation of financial derivatives. He is the author of 8 books and approximately 50 papers in economics, financial mathematics and risk management. His field of expertise is copula functions, and his contribution to this research has been recognised at the international level. Interestingly, the year 1959 marks both the foundation theorem of copula functions and the year of Cherubini's birth.

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Date and Time
October 16, 2017
12:30pm - 2:00pm Local Time

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Food for the Devious Mind: Economics and Political Risk

Michael Klein
Frankfurt School of Finance & Management, Germany

International Economics Series

Michael Klein is Professor at the Frankfurt School of Finance & Management in Germany. He is a Senior Adjunct Professor at the Johns Hopkins School for Advanced International Studies and a Visiting Professor at the Kennedy School, Harvard.

Klein specializes in public policy analysis for the private sector, development policy, and scenario development.

Until 2009 he was Vice President for Financial and Private Sector Development for the World Bank Group as well as Chief Economist, International Finance Corporation (IFC). Prior to this, as Director of the joint Bank/IFC Private Sector Advisory Services Department he advised on investment climate, corporate governance, corporate social responsibility, privatization transactions and foreign investment. As Chief Economist of the Royal Dutch/Shell Group (1997-2000) he advised on worldwide economic developments and industry issues. He joined the World Bank in 1982 as an economist on oil and gas projects, trade and industrial policy, financial sector reform and macro-economic analysis. In 1991 he became head of the unit for non-OECD economies at the Economics Department of OECD. In 1993 he re-joined the World Bank as Senior Manager, Private Participation in Infrastructure, focusing on issues of market structure, regulation, privatization and project finance in the telecommunications, transport, energy and water sectors. Before joining the World Bank, Klein was active in Amnesty International since 1974 and served on its German Board (1977-79) and International Executive Committee (1979-82).

Klein studied in Bonn, New Haven and Paris and received his doctorate in economics from the University of Bonn, Germany.

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Date and Time
October 12, 2017
7:30pm - 9:00pm Local Time

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Location


The United States in the Persian Gulf. From Outlier to Empire - The Iranian Revolution and Hostage Crisis (Part II of a Four-part Series)

Gary Sick
Columbia University, U.S.

SEE ATTACHED LECTURE SCHEDULE AND BIBLIOGRAPHY

This series of lectures/mini-course will look at the evolution of U.S. political, economic and military presence in the Persian Gulf from the Second World War to the present. It will examine the range of U.S. security strategies employed over that time, from the barely visible U.S. presence in the earliest days to the omnipresent U.S. influence today. The object of this series of lectures is to put in context U.S. foreign policy decision making in the Persian Gulf over a particularly tumultuous period, and to engage in a dialogue on the subject with SAIS students and faculty.

GARY SICK

Gary Sick is a senior research scholar at SIPA's Middle East Institute, and an adjunct professor of International and Public Affairs at the Columbia University.

He is the author of All Fall Down: America's Tragic Encounter with Iran (Random House 1985) and October Surprise: America's Hostages in Iran and the Election of Ronald Reagan (Random House 1991).

Sick served on the National Security Council under Presidents Ford, Carter, and Reagan. He was the principal White House aide for Iran during the Iranian Revolution and the hostage crisis. Sick is a captain (ret.) in the U.S. Navy, with service in the Persian Gulf, North Africa, and the Mediterranean. He was the deputy director for International Affairs at the Ford Foundation from 1982 to 1987, where he was responsible for programs relating to U.S. foreign policy. Sick teaches at the School of International and Public Affairs at Columbia University, where he has regularly been voted one of the top five teachers. He is a member (emeritus) of the board of Human Rights Watch in New York and founding chair of its advisory committee on the Middle East and North Africa. He is the executive director of the Gulf/2000 Project, an international online research project on political, economic and security developments in the Persian Gulf, being conducted at Columbia University since 1993 with support from a number of major foundations.

Gary Sick received his B.A. from the University of Kansas in 1957 and a Master of Science from George Washington University in 1970. He earned a Ph.D. from Columbia University in 1973.

Sick Lecture Schedule and Bibliography Fall 2017.pdf

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Date and Time
October 12, 2017
11:30am - 1:30pm Local Time

Campus


Location


Russia's Role in the Middle East: The Syria and Libya Conflicts and Conflict Management

Ekaterina Stepanova
National Research Institute of the World Economy & International Relations; Russian Academy of Sciences, Russia

The Middle East: Understanding the Role of Regional and External Powers Series

Professor Ekaterina Stepanova heads the Peace and Conflict Studies Unit and is Lead Researcher at the National Research Institute of the World Economy & International Relations (IMEMO), Moscow, as well as Professor at the Russian Academy of Sciences (RAS).

Her research and publications focus on insurgencies and terrorism, armed conflicts and peace-building, extremist ideologies, radicalization, violent networks, human security, and political economy of conflicts.

She has published many books including Terrorism in Asymmetrical Conflict: Ideological and Structural Aspects (Oxford University Press, 2008). She has also edited numerous books, such as Addressing Terrorism, Violent Extremism and Radicalization: Perspectives from Russia and the United States (IMEMO, 2017) and Terrorism: Patterns of Internationalization (Sage, 2009). Stepanova has also authored 180 other publications in ten languages. She serves on editorial boards of the academic journals "Global Governance" and "Terrorism and Political Violence".

Professor Stepanova teaches in English at international programs at the European University in Saint-Petersburg (EUSP), the School of Public Policy of the Russian Academy of National Economy & Public Administration (RANEPA), and the MGIMO-University, Moscow.

She is also a member of the Global Peace Index expert panel, the International Panel of Social Progress (IPSP), the Advisory board of "Security in Transition" programme, London School of Economics, the Joint U.S.-Russia Expert Group on Afghan Narcotrafficking and the Academic Council on the United Nations System (ACUNS).

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Date and Time
October 5, 2017
7:30pm - 9:00pm Local Time

Campus


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The United States in the Persian Gulf. From Outlier to Empire - America Over the Horizon (Part I of a Four-part Series)

Gary Sick
Columbia University, U.S.

SEE ATTACHED LECTURE SCHEDULE AND BIBLIOGRAPHY

This series of lectures/mini-course will look at the evolution of U.S. political, economic and military presence in the Persian Gulf from the Second World War to the present. It will examine the range of U.S. security strategies employed over that time, from the barely visible U.S. presence in the earliest days to the omnipresent U.S. influence today. The object of this series of lectures is to put in context U.S. foreign policy decision making in the Persian Gulf over a particularly tumultuous period, and to engage in a dialogue on the subject with SAIS students and faculty.

GARY SICK

Gary Sick is a senior research scholar at SIPA's Middle East Institute, and an adjunct professor of International and Public Affairs at the Columbia University.

He is the author of All Fall Down: America's Tragic Encounter with Iran (Random House 1985) and October Surprise: America's Hostages in Iran and the Election of Ronald Reagan (Random House 1991).

Sick served on the National Security Council under Presidents Ford, Carter, and Reagan. He was the principal White House aide for Iran during the Iranian Revolution and the hostage crisis. Sick is a captain (ret.) in the U.S. Navy, with service in the Persian Gulf, North Africa, and the Mediterranean. He was the deputy director for International Affairs at the Ford Foundation from 1982 to 1987, where he was responsible for programs relating to U.S. foreign policy. Sick teaches at the School of International and Public Affairs at Columbia University, where he has regularly been voted one of the top five teachers. He is a member (emeritus) of the board of Human Rights Watch in New York and founding chair of its advisory committee on the Middle East and North Africa. He is the executive director of the Gulf/2000 Project, an international online research project on political, economic and security developments in the Persian Gulf, being conducted at Columbia University since 1993 with support from a number of major foundations.

Gary Sick received his B.A. from the University of Kansas in 1957 and a Master of Science from George Washington University in 1970. He earned a Ph.D. from Columbia University in 1973.

Sick Lecture Schedule and Bibliography Fall 2017.pdf

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Date and Time
October 5, 2017
11:30am - 1:30pm Local Time

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Location


Germany After the Election: Implications for Transatlantic Relations

Stephen F. Szabo
Transatlantic Academy U.S.

Understanding the New Europe Series

Stephen F. Szabo is the Executive Director of the Transatlantic Academy (TA), based at the Washington office of the German Marshall Fund of the United States (GMF).

As Executive Director, Dr. Szabo works with the partners of the TA to shape the research content of each term, to assist in the recruitment and selection of Fellows and to manage the TA.

Prior to the founding of the TA, Dr. Szabo was with the Paul H. Nitze School of Advanced International Studies, Johns Hopkins University, where he served as Academic and Interim Dean as well as Professor of European Studies. Before that he served as Professor of National Security Affairs at the National Defense University and Chairman of West European Studies at the Foreign Service Institute, U.S. Department of State. He has written on German foreign and security policies, generational politics in Europe, and transatlantic security and political relations. His publications include The Changing Politics of German Security, The Diplomacy of German Unification, Parting Ways: The Crisis in the German-American Relationship, and Germany, Russia and the Rise of Geo-Economics.

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Date and Time
September 28, 2017
7:30pm - 9:00pm Local Time

Campus


Location


When Digital Saviors Stand Corrected: Exploring Counter-Campaigns in Hashtag Activism

Alexandra C. Budabin
University of Dayton, U.S.; University of Bolzano, Italy

Politics Beyond the State: Politics in the Internet Era Series

Alexandra Cosima Budabin is Senior Researcher and Adjunct Professor of the Human Rights Center at the University of Dayton (USA). She is a Contract Professor in the Programme in Media, Communication, and Culture at the Free University of Bolzano (Italy) where she teaches a course on New Media for Participatory Democracy.

Her research explores non-state actors such as NGOs, social movements, diasporas, and celebrities in the global governance of human rights, humanitarianism and development. She received her PhD in Politics from the New School for Social Research (USA). Budabin's work has been published in Third World Quarterly; Humanity: An International Journal of Human Rights; Humanitarianism and Development; Journal of Human Rights, and Celebrity Studies. Current projects include Human Rights Advocacy on Sexualized Violence in Conflict: Contested Narratives of Women; Peace and Security (with Natalie Florea Hudson, University of Dayton) and Commodifying Compassion: Implications of Turning People and Humanitarian Causes into Marketable Things (Project Leader Lisa Ann Richey, Roskilde University, with funding from the Danish Council for Independent Research). Budabin lives in Bolzano, Italy.

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Date and Time
September 25, 2017
7:30pm - 9:00pm Local Time

Campus


Location


Evaluating Asset-Market Effects of Unconventional Monetary Policy: A Multi-Country Review

Chiara Scotti
Board of Governors, Federal Reserve System, U.S.

International Economics Series

Chiara Scotti is the chief of the Financial Stability Assessment section in the Division of Financial Stability of the Board of Governors of the Federal Reserve System.

Her research spans a variety of topics in applied macro and finance, including real-time data, real-time measurement of business conditions, macroeconomic surprises and uncertainty, as well as the impact of unconventional monetary policy.

Her real-time index of U.S. business conditions, the Aruoba-Diebold-Scotti index and the surprise and uncertainty indexes are widely used in academic papers and industry analyses. She has published in a variety of refereed journals including The Journal of Monetary Economics and The Journal of Business and Economic Statistics. Her work also covers financial stability and asset managers.

She holds a B.A. in Economics (summa cum laude) from Bocconi University and a Master and Ph. D. in Economics from the University of Pennsylvania. Before obtaining her Ph.D., she worked as an analyst for Credit Suisse in London and as a Ph.D. intern for the European Central Bank in Frankfurt. She is visiting Bocconi University in Milan until December 2017.

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Date and Time
September 21, 2017
7:30pm - 9:00pm Local Time

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Discovering Bologna - The Secret Charme of a City

Anna Ottani Cavina
Johns Hopkins University SAIS Europe; University of Bologna, Italy

Orientation Week Event

Anna Ottani Cavina is Adjunct Professor of Italian Art History at the Johns Hopkins University SAIS Europe and Professor Emeritus of Art History at the University of Bologna.

Founding member and former director of the Federico Zeri Foundation; member of the scientific committee, Fondazione Musei Civici di Venezia; served as distinguished visiting professor of art history at Columbia University and visiting professor at Brown University; previously a senior fellow at Columbia University, visiting fellow at the Yale Center for British Art, and senior visiting fellow at the Center for Advanced Study in the Visual Arts at the National Gallery of Art; recipient of the Officier dans l'Ordre des Arts et des Lettres in 2011, Chevalier dans l'ordre de la Légion d'honneur in 2001 and Chevalier dans l'ordre des Arts et des Lettres in 1996; a member of the Istituto Veneto di Scienze, Lettere ed Arti; Ph.D., University of Rome


Publications:
"La città dipinta. Anomalia di Venezia" in Venezia. Immagine, futuro, realtà e problemi (2011); Granet. De Rome à Paris, le plein-air romantique (2009); Prospettiva Zeri, editor (2009); Federico Zeri, dietro l'immagine. Opere d'arte e fotografie (2009); Federico Zeri. Lettere alla Casa Editrice Einaudi, editor (2008); "Paesaggi italiani di Thomas Jones. Metodo di lavoro e problemi di datazione" in Il Settecento e le arti (2007); "Il Novecento" in Storia della civiltà Europea (2007); "Lord Brudenell o della malinconia. Un ritratto di Batoni e una pagina di Corelli" in Vivere senza paura. Scritti per Mario Bartolotto (2007); La pittura di paesaggio in Italia. Il Settecento (2005); Les Paysages de la raison (2005); Geometries of Silence (2004); Il diario di Thomas Jones (2003); Felice Giani e la cultura di fine Settecento (1999); I paesaggi della ragione (1994); Il settecento e l'antico (1982); La pittura del seicento (1977); Carlo Saraceni (1968); Collaborated on "Il Settecento," Guida multimediale alla Storia della Civiltà Europea, directed by Umberto Eco (1995); author of numerous books, articles and contributions to exhibits on art; regular contributor to the cultural section of La Repubblica

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Date and Time
September 20, 2017
6:00pm - 7:00pm Local Time

Campus


Location


The National Institute of Statistics (ISTAT) - An Overview About its Mission, Structure, Products, Methods and Techniques, with an Insight into the Topics of Measuring Well-being

Marco Ricci
The National Institute of Statistics, Italy

This seminar aims to give a general overview of ISTAT (Italian National Institute of Statistics) and will highlight recent developments in the institutional and scientific areas. One specific topic of research will examine the latest studies and findings in the field of Measuring Well-being, which also covers meaningful use of official statistics in government policy.

The Italian National Institute of Statistics

The Italian National Institute of Statistics, a public research organisation, is the main producer of official statistics at the service of citizens and policy-makers. It is a completely independent operation, and maintains continuous interaction with academic and scientific communities. The history of ISTAT began in 1926, with the creation of the Central Institute of Statistics. Since 1989 ISTAT has performed the role of directing, coordinating, and providing technical assistance and training within the National Statistical System (Sistan). The modernisation programme, launched in 2016, aims to enrich the supply and quality of the information produced, while improving overall effectiveness and efficiency.

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Date and Time
September 13, 2017
6:15pm - 7:45pm Local Time

Campus


Location


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