PAST EVENT
Thursday, November 19, 2009
2:00 PM to 3:30 PM
Washington, DC
On November 19, the Africa Growth Initiative at Brookings hosted Antoinette Sayeh, director of the African Department of the International Monetary Fund (IMF), for a discussion on the economic outlook for Africa. The IMF has just released its semi-annual Regional Economic Outlook for Africa which contains findings that indicate sub-Saharan Africa’s economic activity has slowed sharply with the onset of the global financial crisis. As the world economy stages a tentative recovery, what does this mean for the region? Read More
RESEARCH AND COMMENTARY
Domenico Lombardi, October 31, 2009, The Brookings Institution
Following a September 18 roundtable focused on the global economic agenda for the fall of 2009, Domenico Lombardi reflects on discussions at this forum, which served to enhance engagement and exchanges between experts from the U.S. and other G-20 countries on the critical issues to be addressed at these highlevel international gatherings. Read More
RESEARCH AND COMMENTARY
Laurence Chandy, Geoffrey Gertz and Johannes F. Linn, October 21, 2009, The Brookings Institution
In May 2009, Laurence Chandy, Geoffrey Gertz and Johannes Linn examined the global impact of the financial crisis based on data from the IMF’s April World Economic Outlook (WEO). Following the release of a new WEO database released earlier this month, they appraise their previous assertions and analyze the salient features of the global economic recovery. Read More
RESEARCH AND COMMENTARY
Eswar Prasad, October 13, 2009, FT.com Economists' Forum
The financial crisis has taught us a painful lesson that global macroeconomic imbalances can wreak enormous damage on the world economy. At the G-20 Pittsburgh Summit, leaders committed to a framework that would prevent further damage. Eswar Prasad proposes a Special Drawing Rights scheme that allows G-20 countries to make enforceable policy commitments. Read More
RESEARCH AND COMMENTARY
Kemal Derviş, October 08, 2009, The Brookings Institution
The fall global economic agenda is well underway with the completion of the G-20 Pittsburgh Summit and the IMF and World Bank Annual Meetings in Istanbul. Kemal Derviş discusses the key themes coming out of these “historic” meetings, highlighting the essential roles of both the informal and formal channels of global economic governance and the way forward after the crisis. Read More
RESEARCH AND COMMENTARY
Kemal Derviş, October 04, 2009, IMF-World Bank 2009 Annual Meetings
During a lecture at the IMF-World Bank 2009 Annual Meetings, Kemal Derviş discussed global growth prospects following the economic crisis and the role that supply side factors and macroeconomic management can play. Read More
RESEARCH AND COMMENTARY
Homi Kharas, September 24, 2009, The Brookings Institution
A topic of discussion at previous G-20 summits, IBRD resources are central to helping poor countries survive this economic crisis. Homi Kharas discusses the importance of making IBRD resources much more widely available to promote development and urges G-20 leaders to continue talks about this issue at the summit in Pittsburgh. Read More
RESEARCH AND COMMENTARY
Domenico Lombardi, September 23, 2009, Newsdesk Communications Limited
In a recent compilation of commentary for the G-20 Summit in Pittsburgh, Domenico Lombardi discusses conclusions drawn from recent IMF governance reform consultations and states that it is time for the IMF to embrace transparency and accountability, in order to bring its practices into line with those of other international organizations. Read More
PAST EVENT
Friday, September 18, 2009
8:30 AM to 5:45 PM
Washington, DC
On September 18, Brookings—jointly with the Asian Development Bank Institute and the Inter-American Development Bank—co-hosted a roundtable focusing on the global economic agenda for the fall of 2009. The roundtable served as a forum to enhance engagement and exchanges between experts from the U.S. and other G-20 countries on the critical issues to be addressed at these highlevel international gatherings. Read More
RESEARCH AND COMMENTARY
September 17, 2009, The Brookings Institution
On September 24, President Obama will chair his first G-20 Summit in Pittsburgh. With the world economy improving, leaders will now focus their attention on economic recovery and restoring financial stability. Experts from Brookings Global Economy and Development program analyze top issues to be addressed at the summit and provide recommendations on how to effectively overcome global economic and governance challenges to ensure recovery now and to prevent future crises. Read More
RESEARCH AND COMMENTARY
Domenico Lombardi, September 08, 2009, Presentation Before IMF Executive Directors
Governance reform at the IMF is one of the most critical tasks facing the institution. In early 2009, the IMF Managing Director, for the first time in the Fund's history, called for global consultations with civil society to gather its input in the current reform process. In a presentation before IMF Executive Directors, Domenico Lombardi shared the main points of the final report of the Fourth Pillar (civil society) consultations on IMF governance reform. Read More
RESEARCH AND COMMENTARY
Domenico Lombardi, July 07, 2009, CIGI/Chatham House
Discounted by many observers only a year ago, the International Financial Instiutions (IFIs) have been bolstered by support of the G20 process. Domenico Lombardi discusses how the G20 can be used as catalyst for reform within international finance. Read More
RESEARCH AND COMMENTARY
Domenico Lombardi, July 02, 2009, Newsdesk Communications Limited
Domenico Lombardi questions whether the G8 is leading the discussion on critical IMF governance reform and claims that the G20 may be better equipped to mobilize these issues. While the G8 may no longer be the guiding force behind the reform of the Bretton Woods Institutions, Lombardi states that it does provide an informal framework to discuss issues of common responsibility among its members. For instance, the G8 Summit should focus on the declining aid flows to poor countries and fulfilling its previous commitments to aid African growth. Read More
RESEARCH AND COMMENTARY
David Gartner, June 23, 2009, The Brookings Institution
In this economic crisis many low-income countries are forced to cut back on vital investments in education. David Gartner urges that new guidance by Congress to the IMF could make a real difference in giving low-income countries the ability to invest in their own children. Read More
RESEARCH AND COMMENTARY
Laurence Chandy, Geoffrey Gertz and Johannes F. Linn, May 26, 2009, The Brookings Institution
The IMF's flagship publication, the World Economic Outlook (WEO), marks the most extensive effort to measure the health of the global economy since the outbreak of the financial crisis. Analyzing the WEO's projections, the Wolfensohn Center's Laurence Chandy, Geoffrey Gertz and Johannes Linn examine the countries and regions hit worst by the downturn and assess the lasting impact on the global economy. Read More