On the eve of another controversial meeting of the International Monetary Fund and the World Bank in Washington, the Brookings Institution and the Center for Global Development (CGD) are jointly presenting a press preview of the issues to be discussed at the conference.
The briefing will focus primarily on the two major issues likely to dominate the Sept. 28-29 IMF-World Bank sessions—development aid to poor countries and problems (both current and long-term) in the world’s financial architecture.
Specific issues to be discussed by the panel include:
- Bush administration policies toward developing nations, particularly the new Millennium Challenge Account
- Development success stories
- Longer-term development challenges that may not be solved by money alone
- After the Financing for Development, G8, and World Summit on Sustainable Development conferences, will the Bank/Fund meetings be business as usual?
- Is the new attention to the poorest countries at the expense of unresolved crises in middle-income countries?
- What changes need to be made in international financial architecture?
- Is there a danger that financial market contagion may lead to ideological contagion?
In addition to discussing these and other issues, the panelists will answer questions from attendees.
Member - Board of Governors of the Federal Reserve System
Gates Professor of Developing Societies - Department of Economics at Harvard University
Center for Global Development
Former Brookings Expert
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