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Transition 2008: Advising America's Next President: Fixing Global Finance

Panelists: Greg Ip, U.S. Economics Editor, The Economist
Brad W. Setser, Fellow for Geoeconomics, Council on Foreign Relations
Roy C. Smith, Kenneth Langone Professor of Entrepreneurship and Finance, Professor of International Business, NYU Stern School of Business
Moderator: Thomas F. Cooley, Richard R. West Dean, Paganelli-Bull Professor of Economics, NYU Stern School of Business
November 14, 2008

Reviving the global financial system requires a coordinated effort regulated by new policies and institutional adaptations, said experts in a November 11, 2008, talk jointly hosted by CFR, New York University's Stern School of Business, and the Economist. Panelists said the U.S. government would have to decide whether $700 billion was enough to stabilize the domestic economy while also taking part in broader measures to ensure enough liquidity to keep debtor countries afloat.


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