The global economic landscape is changing, reflecting the U.S. financial crisis and unresolved global imbalances. Advanced economies are faltering, while emerging market economies continue expanding. Currencies have moved sharply, and the U.S. dollar has depreciated considerably, leading some to even question the dollar’s future as a reserve currency.
On July 22, Global Economy and Development at Brookings hosted John Lipsky, first deputy managing director of the International Monetary Fund, for a conversation on the evolving global economic landscape. Lipsky will provide a perspective on the economic outlook and the role of currencies in the global economy.
Following Lipsky’s remarks, an expert panel will discuss the challenges confronting the global economy and the financial markets in greater detail. Panelists include David Lipton, head of global country risk management for Citigroup, and Domenico Lombardi, Brookings nonresident senior fellow and president of The Oxford Institute for Economic Policy. Lael Brainard, vice president and director, Global Economy and Development and Bernard L. Schwartz Chair in International Economics, will provide introductory remarks and moderate. After the program, panelists will take audience questions.