The Jackson Hole Symposium is an annual economic conference held for three days aimed at discussing world economic issues.
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.
The event will be attended by economists including financial experts, investors, bank employees, academics, finance ministers and individuals related to the economic world.
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.
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.
The history of the Jackson Hole symposium has actually started since 1978, where at first the meeting only focused on agriculture.
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.
In addition, economics nobel prize winner, James Tobin and other economists were also present at the symposium at that time.
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.
Every year, the theme for the meeting is different and so are the invited guests who attend.
The selection of invited guests is based on the title and field of expertise of the invited guests each year.
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.
The Jackson Hole Symposium has been sponsored by the Kansas Treasury Bank, Jackson Hole, Wyoming since 1981.
It is known as the longest continuous symposium sponsored by a central bank in the world.
