International Economic Policies illustration

Reforming the Global Financial System

NYU Abu Dhabi Lecture Series in New York City

Curated by Paul Wachtel

With the increased integration of world markets in the past decade, no corner of the world was unaffected by the economic downtown of 2007-09.  Prior to the crisis, macroeconomic policy seemed to be working rather well: inflation had disappeared, trade was expanding, and sustained economic growth was found all over the globe.  However, the crisis has led to profound questioning of our policies and institutions and calls for reform are common.  But what exactly should these reforms be?  This series considers the type and scope of reform necessary to prevent future financial failure.  An overarching theme for both sessions is the need for international coordination to respond to macroeconomic imbalances and to oversee a global financial system where cross border flows rapidly grow.     

Paul Wachtel is Professor of Economics, Stern School of Business, NYU. 

 

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Domino Effect: Globalization of Macroeconomic Policy
November 9, 2009 | 6:30 PM

Kermit Schoenholtz Former Chief Global Economist, Citigroup Global Markets; Adjunct Professor, Stern School of Business, NYU
Madelyn Antoncic Former Global Head of Financial Market Policy Relations, Lehman Brothers
John Leahy Professor of Economics, NYU


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Policing the World: Financial Regulation Across Borders
December 9, 2009 | 6:30 PM

Boris Vujcic Deputy Governor, Croatian National Bank
Viral Acharya Professor of Finance, Stern School of Business, NYU
H. Rodgin Cohen Chairman, Sullivan & Cromwell LLP (recently featured in the New York Times)

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