Jan 9

Past Event

Restore Global Financial Stability

Event Materials

Video

Highlights

  • Eswar Prasad

    As the nation continues its quest for a resolution to the economic crisis, Prasad says the U.S. needs to consider both multilateral and bilateral engagement with other countries.

    Eswar Prasad

  • Barry Bosworth

    In order to restore financial stability here at home, Bosworth says it’s critical that the U.S. increase its exports to rebalance the domestic economy.

    Barry P. Bosworth

  • Colin Bradford

    Bradford says the U.S. economic recovery should begin with strengthened domestic oversight, supervision and regulation and that the IMF should encourage all global economies to follow.

    Colin I. Bradford

  • Paul Blustein

    Blustein says the president-elect will need to immediately address this financial crisis, which reaches far beyond our borders.

    Paul Blustein

Summary

America faces enormous challenges in restoring financial stability, reviving economic growth and dealing with the shifting balance of world economic power. Dealing with these challenges will require some tough actions to tackle domestic policy issues—including financial sector regulation and the fiscal deficit—and a constructive approach toward multilateralism and broader economic engagement with emerging economic powers.

On January 9, Senior Fellow Eswar Prasad will offer a public memo to President-elect Obama with recommendations on how to restore global financial stability, move America's economy forward and usher in a new era of global cooperation. The memo is the ninth of 12 Brookings memos on the most crucial public policy priorities facing the new president.

A distinguished panel will include Prasad, Brookings Nonresident Senior Fellow Colin Bradford and Senior Fellow Barry P. Bosworth. Journalist in Residence Paul Blustein, former staff writer for the Washington Post, will provide introductory remarks and moderate the discussion. After the program, panelists will take audience questions.

Event Agenda

Details

January 9, 2009

10:30 AM - 12:00 PM EST

The Brookings Institution

Falk Auditorium

1775 Massachusetts Ave., NW

Map

For More Information

Brookings Office of Communications

(202) 797-6105