IMF SEMINAR EVENT
DATE: October 9, 2014
DAY: Thursday
1:30 PM - 2:30 PM
LOCATION: George Washington University, Lisner Auditorium
Overview
An uneven global recovery continues but growth has weakened in 2014—reflecting a surprisingly weak first quarter in the United States and a less optimistic outlook for several large emerging market economies. Global growth is expected to rebound but downside risks remain a concern. Market conditions have noticeably eased alongside disappointing growth, but risks to financial stability are a key concern from an extended period of low rates and from a possible reversal of recent risk spread and volatility compression. Geopolitical risks have risen in some corners. Looking ahead, global growth could be weaker for longer. Robust demand momentum in advanced economies has yet to emerge, and supply-side constraints and tighter financial conditions over the past year in some major emerging market economies weigh on growth. Amid these economic and financial worries, there is renewed interest on exchange rates and reform of an international monetary system with de facto dollar dominance. The debate will focus on how policymakers could collaborate globally to better manage the risks and durably boost jobs and growth.Join the conversation via #globalecon
Richard Quest, CNN's foremost international business correspondent and anchor of Quest Means Business (QMB). Based in New York, he is one of the most instantly recognizable members of the CNN team. QMB, which airs on CNN International, destroys the myth that business is boring, bridging the gap between hard economics and entertaining television. Guests of the show have included world leaders, the biggest names in banking, leaders of the IMF/World Bank and some of the most influential names in corporate America. Quest has regularly reported from G20 meetings and attends the World Economic Forum each year. Quest has covered every major stock market and financial crisis since Black Monday in 1987 and has reported from key financial centers globally including Wall Street, London, Sao Paolo, Tokyo and Hong Kong. Quest is also the face of CNN’s coverage of major UK news events. His coverage of breaking news, which has spanned two decades, has seen him report on a range of stories from, the death of Yasser Arafat, the Lockerbie Pan Am 103 crash to the death of Michael Jackson. Prior to joining CNN, he worked at the BBC, where he was the North America business correspondent, based on Wall Street for 12 years. Quest is British, holds an LLB (Hons) degree in Law from Leeds University, and was called to the Bar.
Appointed Governor in 2000, Dr. Zeti has had an
important role in the successful transformation of the financial system in Malaysia
including overseeing the enactment of eight new major legislations for the
financial sector. Dr. Zeti is also
actively involved in strengthening regional financial integration in Asia. She chaired
the regional taskforce that prepared the report for future financial
cooperation in the region.
Agustín Carstens holds a M.A. (1983) and a Ph.D. (1985) in economics from the University of Chicago and a B.A. (1982) in economics from the Instituto Tecnológico Autónomo de México (ITAM). Dr. Carstens held several positions at the central bank, including Governor since early 2010. At the Ministry of Finance, he served as Deputy Minister from 2000 to 2003 and as Finance Minister from 2006 to 2009. At the IMF, he served as Executive Director from 1999 to 2000 and as Deputy Managing Director from 2003 to 2006. While serving as Mexico’s Minister of Finance, Dr. Carstens also chaired the IMF and World Bank Joint Development Committee. Since March 2015, he is the Chairman of the International Monetary and Financial Committee (IMFC). He was named Central Bank Governor of the Year by The Banker in 2011 and by Euromoney in 2013. In June 2013 he received from the University of Chicago the Professional Achievement Award as a distinguished alumnus.
Jeroen Dijsselbloem has been Eurogroup President since January 2013, Chair of the Board of Governors of the European Stability Mechanism since February 2013, and Minister of Finance of the Netherlands since November 2012. Previously, he was a member of the House of Representatives of the Netherlands (2000-12), and advisor to the Dutch Minister of Agriculture (1996-98). He studied business and agricultural economics at Wageningen University (1985-1991) and completed business economics research towards a master's degree from University College Cork, Ireland.
Stanley
Fischer is Vice Chairman of the Federal Reserve Board. From 2005 to 2013 he was Governor of the Bank
of Israel. Fischer was Vice Chairman of
Citigroup from 2002 through 2005. From
1994 to 2001, he was the First Deputy Managing Director of the IMF. He served as Chief Economist of the World
Bank from 1988 to 1990. From 1973 to
1994, Fischer was a member of the MIT Economics Department. Fischer was born in Zambia in 1943.
