Apr 18

Past Event

The State of the Global Economy: A Conversation with Secretary of the Treasury Tim Geithner

Event Materials

Video

Highlights

  • Helping With Europe's Fiscal Woes

    Tim Geithner, Secretary, U.S. Treasury: The U.S. is the only country providing direct assistance to the EU as it navigates its economic crisis, and our assistance has helped mitigate the impact of Europe’s fiscal woes on the rest of the world.

    Kemal Derviş

  • China's Exchange Rate

    Tim Geithner, Secretary, U.S. Treasury: China has enacted a number of encouraging changes to the exchange rate. These moves signal more reliance on the market and a greater focus on domestic demand.

    Kemal Derviş

  • A More Progressive Tax System

    Tim Geithner, Secretary, U.S. Treasury: Tax reform needs to be more progressive. We also need an improved tax code for the business sector that lowers the rate, broadens the base and encourages more investment.

    Kemal Derviş

  • Encouraging Economic Growth

    Tim Geithner, Secretary, U.S. Treasury: The best way to encourage economic growth is to create better conditions to support and sustain that growth.

    Kemal Derviş

  • We're Moving in the Right Direction

    Tim Geithner, Secretary, U.S. Treasury: The U.S. economy is moving in the right direction; personal debt is down, exports are up, the financial sector is more stable and we’re well positioned to take advantage of new opportunities with emerging econ

    Kemal Derviş

Full Event

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Summary

On April 18, Global Economy and Development at Brookings hosted Secretary of the Treasury Tim Geithner in a conversation about the state of the global economy. In conjunction with this week's spring meetings of the International Monetary Fund (IMF) and World Bank, as well as the G-20 finance ministers, Secretary Geithner discussed the strengthening U.S. recovery, and the economic challenges and choices the U.S. will face as a country and globally.

Secretary Geithner joined the Department of the Treasury after serving as president and chief executive officer of the Federal Reserve Bank of New York for six years. Prior to that, Secretary Geithner worked for the Department of the Treasury, eventually serving as the Under Secretary of the Treasury for International Affairs. He has also worked at the IMF where he was director of the Policy Development and Review Department.

Kemal Derviş, vice president and director of Global Economy and Development, provided introductory remarks. David Ignatius, columnist at The Washington Post, moderated the discussion with Secretary Geithner to include questions from the audience.

This event was live Tweeted using hashtag #BIGeithner.

Event Agenda

Details

April 18, 2012

8:30 AM - 9:30 AM EDT

The Brookings Institution

Falk Auditorium

1775 Massachusetts Ave., NW

Map

For More Information

Brookings Office of Communications

(202) 797-6105