Bank of Lithuania
Event date
September 25
Event date
September 26
Event location
Vilnius Martynas Mažvydas National Library of Lithuania, Gedimino pr. 51

Lietuvos bankas, in cooperation with the Competitiveness Research Network (CompNet), is organising an international conference on Productivity, Competitiveness, and Economic Convergence in Small Open Economies. The event will take place in Vilnius on 25–26.

Registration for in-person attendance is now closed, but the conference can still be followed online.

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About the Conference

This conference will explore the intricate relationship between productivity, competitiveness, and economic convergence. As global trade patterns shift, economic policies evolve, and firms operate under increasing geopolitical uncertainty, the role of small open economies in Europe has become more crucial than ever.

Bringing together leading researchers, policymakers, and experts, the event aims to shed light on the major challenges European firms face in an increasingly globalised environment. Discussions will centre around the drivers of sustained growth, the dynamics behind Europe’s competitiveness, and the strategic role of small economies in shaping future economic resilience.

A central theme will be understanding the unique strengths, vulnerabilities, and policy strategies that influence small open economies' capacity to remain competitive.


Keynote Speaker

Chad Syverson is an economics professor at the University of Chicago. His research spans several topics, with a particular focus on the interactions of firm structure, market structure, and productivity. His research has been published in several top journals and has earned multiple National Science Foundation awards.

Prof. Syverson also served as an editor of the Journal of Political Economy – one of the TOP5 research journals in economics as well as the editor on several other journals’ editorial boards. He is a research associate of the National Bureau of Economic Research and has recently served on National Academies committees and as the chair of the Chicago Census Research Data Center Board.

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Program

Downloadable version (84.2 KB )

Day 1 – Thursday, September 25, 2025

12:00 – 13:00

Registration and Welcome Coffee  

From 12:00 

13:00 – 13:15 

Conference Opening & Welcome Remarks 

  • Julita Varanauskienė, Deputy Chair of the Board of Lietuvos bankas  
  • Filippo di Mauro, Founder and Chairman of CompNet 

13:15 – 14:00

Keynote Address by Chad Syverson (University of Chicago) 

14:00 – 15:15

Academic Paper Session 1 – Labor Market 

  • Chair:  Eric Bartelsman (Vrije Universiteit Amsterdam) 

15:15 – 15:35 

Coffee Break 

15:35 – 16:50 

Academic Paper Session 2 – Productivity Challenges 

  • Chair: Rolf Strauch (European Stability Mechanism, CEPR) 

16:50 – 18:05 

Academic Paper Session 3 – Finance 

  • Chair: Aurelija Proškutė (Lietuvos bankas) 

Day 2 – Friday, September 26, 2025

08:30 – 09:00 

Registration & Welcome Coffee 

09:00 – 09:15 

Opening Remarks by Gediminas Šimkus, Chair of the Board of Lietuvos bankas 

09:15 – 10:30 

Policy Panel Discussion I (Focus on general competitiveness situation and productivity developments in Europe) 

  • Chair: Jose Garcia-Louzao Perez (Lietuvos bankas) 

  • Eric Bartelsman (Vrije Universiteit Amsterdam) 

  • Debora Revoltella (European Investment Bank) 

  • Rolf Strauch (European Stability Mechanism, CEPR) 

10:30 – 11:00 

Coffee Break 

11:00 – 11:30 

Interview 

  • Aurelija Proškutė (Lietuvos bankas)  

  • Chad Syverson (University of Chicago)  

11:30 – 12:30 

Policy Panel Discussion II (Focus on the best economic policies relevant for small open economies) 

  • Chair: Filippo di Mauro (Halle Institute of Economic Research) 

  • Mihnea Constantinescu (National Bank of Moldova) 

  • Filiz Unsal (OECD) 

  • Vladas Algirdas Bumelis (Northway Biotech)

  • Agnė Klimavičienė (Invest Lithuania)

From 12:30 

12:30 – 13:30 

Lunch Break 

13:30 – 14:45 

Academic Paper Session 4 – Environment 

  • Chair: Javier Miranda (IWH) 

14:45 – 15:20 

Academic Paper Session 5 – Structural Resilience and Technological Adaptation 

  • Chair: Jose Garcia-Louzao Perez (Lietuvos bankas) 

15:20 – 15:30 

Closing Remarks 

  • Javier Miranda (IWH) 

  • Aurelija Proškutė (Lietuvos bankas) 

Last update: 23-09-2025