What is the Jackson Hole Symposium?

<p>&nbsp;The Jackson Hole Symposium is an annual economic conference held for three days aimed at discussing world economic issues.</p><p><br /></p><p>The name 'Jackson Hole' is taken from the name of the Jackson Hole mountain valley in Wyoming, USA where it is the meeting location of the economic symposium.</p><p><br /></p><p>The event will be attended by economists including financial experts, investors, bank employees, academics, finance ministers and individuals related to the economic world.</p><p><br /></p><p>The main objective of the Jackson Hole Symposium is to create a platform that allows an open discussion to be made to discuss issues related to the current world economy.</p><p><br /></p><p>The results of discussions and solutions obtained from the symposium will be uploaded on the website to be a reference in helping resolve the economic issues that occur.</p><p><br /></p><p>The history of the Jackson Hole symposium has actually started since 1978, where at first the meeting only focused on agriculture.</p><p><br /></p><p>However, in 1982, the focus of this meeting was shifted to monetary policy which was attended by the chairman of the Federal Reserve (Fed) himself at that time, Paul Volcker.</p><p><br /></p><p><br /></p><p>In addition, economics nobel prize winner, James Tobin and other economists were also present at the symposium at that time.</p><p><br /></p><p>In 1989, Alan Greenspan, who was the chairman of the Fed at that time, gave his speech in the meeting and made the Jackson Hole symposium a certified and trusted economic meeting.</p><p><br /></p><p>Every year, the theme for the meeting is different and so are the invited guests who attend.</p><p><br /></p><p>The selection of invited guests is based on the title and field of expertise of the invited guests each year.</p><p><br /></p><p>After the topic is chosen, the invited economists are required to write an essay on a subtopic related to the symposium's title that year.</p><p><br /></p><p>The Jackson Hole Symposium has been sponsored by the Kansas Treasury Bank, Jackson Hole, Wyoming since 1981.</p><p><br /></p><p>It is known as the longest continuous symposium sponsored by a central bank in the world.</p>