Past Event

The Top Ten Risks to the Global Economy Conference

Thursday, September 22 - Friday, September 23, 2005
Goldman Sachs

32 Old Slip
New York, New York

The Global Markets Institute at Goldman Sachs joined Brookings to host a multilateral, two-day conference, “The Top Ten Financial Risks to the Global Economy: A Dialogue of Critical Perspectives.”

The objective of the Conference was to evaluate ten major risks impacting global economic growth and security:


1. The Dollar and the Twin Deficits
2. Environmental Accords
3. Geopolitical Conflicts
4. Globalization in Emerging Nations
5. Global Terrorism
6. Growth in China
7. Hedge Funds and Derivatives
8. Trade Liberalization
9. World Health Conditions
10. World Oil Supply

The conference was held in cooperation the Centre for Economic Policy Research (London), the Lee Kuan Yew School of Public Policy at the National University of Singapore (Singapore), Tsinghua University (Beijing), and the Wharton Business School (Philadelphia).

Brookings participants included:

Strobe Talbott, President

Lael Brainard, Vice President, Global Economy and Development

James Steinberg, Vice President and Director, Foreign Policy Studies Program

Robert Litan, Vice President of Research, the Kauffman Foundation; Senior Fellow, Economic Studies Program

Joshua Epstein, Senior Fellow, Economic Studies Program

Warwick McKibbin, Executive Director, Centre for Applied Macreconomic Analysis, and Professor of International Economics, Research School of Pacific and Asian Studies, Australian National University; Nonresident Senior Fellow, Economic Studies Program