World Economic Update
What happened in the markets during August? Is the credit squeeze about to ease, or there is more pain to come? What impact will the financial turmoil of the last month have on the real economy? And what does thisepisode tell us about the stability (or fragility) of contemporary financial markets? This quick-hit edition of the World Economic Update will address these and related questions.
7:45 - 8:00 a.m. Breakfast
8:00 - 9:15 a.m. Meeting
Listen to experts discuss how international financial institutions can work together to mitigate the financial crisis, as well as reforms that could make these organizations more effective.
This session was part of the CFR conference: The United States and the Future of Global Governance, which was made possible through the generous support of the Robina Foundation.
Listen to Charles L. Evans, president and chief executive officer of the Federal Reserve Bank of Chicago, analyze the inflationary and deflationary pressures on the financial system today.
Experts discuss the the current global economy and their skepticism of effective capital control, as well as the future of currency pegging, fixed currency rates, and capital mobility.
This session was part of CFR's Stephen C. Friedheim Symposium on Global Economics which was made possible through generous support from Stephen C. Freidheim.