Mar 30

Past Event

The London Summit: Can the G-20 Fix the Financial Crisis?

Event Materials

Video

Highlights

  • Michael Froman 

    Froman says the key goals of the G-20 talks can be summarized in three specific and critical areas: restoring growth, enacting regulatory reforms and institutional reforms.

  • Michael Froman

    President Obama, Froman says, will illustrate his leadership at the G-20 talks and urge the need for regulatory reforms and sensitivity to the concerns of emerging markets.

  • Michael Froman

    Froman says the G-20 talks must focus on managing the current global financial crisis even as global leaders take steps to prevent another one.

  • 20090330_london_summit_3

    Michael Froman

  • Kemal Dervis

    Kemal Dervis says one of the most worrisome aspects of the global financial crisis that G-20 leaders must acknowledge is that markets can''t "export" themselves out of this problem.

    Kemal Derviş

  • Eswar Prasad

    Prasad says world economies face many issues that will permeate G-20 talks and cautions that summit leaders must move with care towards a solution for the fiscal crisis.

    Eswar Prasad

  • Johannes Linn

    Linn says the intended goals of the G-20 summit are clear and shouldn''t be confused with agenda of the Copenhagen climate talks or the G8 meeting - which are slated for later this year.

    Johannes F. Linn

  • Carlos Pascual

    Pascual says that, beyond the global economic crisis, the other issues that G-20 leaders might consider are varied and complicated.

    Carlos Pascual

Audio

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Summary

Leaders of the world’s 20 largest economies, including President Barack Obama, will gather in London on April 2 for a G-20 Summit focused on the financial crisis. Global economic stimulus plans, financial regulation, trade and governance of the international financial institutions are high on the agenda, but what matters most and what can be accomplished?

On March 30, Brookings hosted a discussion of the critical issues facing the leaders in London. Brookings President Strobe Talbott introduced the forum. Panelists included Michael Froman, deputy national security advisor for International Economic Affairs; Brookings Vice President and Director of Global Economy and Development Kemal Derviş; Brookings Vice President and Director of Foreign Policy Carlos Pascual; and Brookings Senior Fellows Eswar Prasad and Johannes Linn. William Antholis, Brookings’s managing director, moderated. 

Read the opening discussion with Michael Froman and Kemal Derviş » (PDF)
Read the full transcript » (PDF)

Event Agenda

Details

March 30, 2009

11:00 AM - 12:30 PM EDT

The Brookings Institution

Falk Auditorium

1775 Massachusetts Ave., NW

Map

For More Information

Brookings Office of Communications

(202) 797-6105