Stephen C. Freidheim Symposium

The Legacy of the Global Financial Crisis

CFR hosted the 2018 Stephen C. Freidheim Symposium on Global Economics: The Legacy of the Global Financial Crisis on September 24, in New York. The symposium was created to address the broad spectrum of issues affecting Wall Street and international economics. It is presented by the Maurice R. Greenberg Center for Geoeconomic Studies and is made possible through the generous support of Council Board member Stephen C. Freidheim.

Session I: The Eurozone: Risks of a New Crisis

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Isabelle Mateos y Lago, Ashoka Mody, Jeromin Zettelmeyer, and Sebastian Mallaby discuss the impact of the financial crisis on Europe, including Portugal, Greece, Ireland, Italy, and Spain. Panelists also examine the financial and political implications, and whether the Eurozone’s vulnerability to crisis has been resolved. 

Session II: Emerging Markets: The World’s Star Pupils

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Carmen M. Reinhart, Brad W. Setser, Ruchir Sharma, and Gillian Tett look at how emerging markets (China, Brazil, India, Russia, etc.) have fared over the past decade, the extent to which reserve accumulation and flexible exchange rates have enabled them to manage shocks, and the question of current financial stability.

Keynote Session: Ten Years On: The Legacy and Lessons of the Financial Crisis

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Ben S. Bernanke, Timothy F. Geithner, Henry M. Paulson Jr., and Ruth Porat examine the lessons learned and the continuing legacy of the global financial crisis.

Audience members
Audience members
Opening remarks by Richard N. Haass
Opening remarks by Richard N. Haass
Conference question
Conference question
Stephen Freidheim, Ruth Porat, Henry M. Paulson Jr., Timothy F. Geithner, and Ben S. Bernanke
Stephen Freidheim, Ruth Porat, Henry M. Paulson Jr., Timothy F. Geithner, and Ben S. Bernanke