Nov 14

Past Event

The G-20 Financial Summit: What’s at Stake?

Event Materials

Video

Highlights

  • William Antholis

    Antholis says it''s a sobering thought that many of the countries who are gathering for the G20 this weekend were last asked to assemble under similar circumstances 11 years ago.

    William J. Antholis

  • Mauricio Cardenas

    Cardenas says now is the time to retool the IMF and that the way to do that is by capitalizing it.

    Mauricio Cárdenas

  • Wing Thye Woo

    Woo says the current economic crisis has its roots in poorly regulated financial market innovations.

    Wing Thye Woo

  • Colin Bradford

    Bradford says there can be no delays in dealing with the global economic crisis, which reveals, he says, weaknesses within economies rather than between them.

    Colin I. Bradford

  • Eswar Prasad

    This G20 summit will be inclusive of more nations, most notably Asian countries. Prasad says their inclusion is necessary to the dialogue.

    Eswar Prasad

Summary

In a historic summit, leaders of the G-20 countries gathered in Washington for an emergency meeting on November 15 to discuss the global financial crisis. What will be on the agenda and what can be accomplished given the American presidential transition and diverging views among G-20 leaders about how to fix global finance? Will there be reform of the Bretton Woods institutions and governance structures?

On November 14, Global Economy and Development at Brookings hosted a preview discussion of the G-20 summit. Panelists included Brookings’s Senior Fellows Colin Bradford, Eswar Prasad and Wing Thye Woo. Brookings’s Managing Director William Antholis provided introductory remarks and moderated the discussion.

Event Agenda

Details

November 14, 2008

1:00 PM - 2:30 PM EST

The Brookings Institution

Falk Auditorium

1775 Massachusetts Ave., NW

Map

For More Information

Brookings Office of Communications

(202) 797-6105