10:00—11:30 AM
Center for Global Development, 1800 Massachussets Ave, NW, First Floor Conference Center, Washington, DC

Emerging Markets in a Changing World

Emerging Markets in a Changing World

Tuesday, March 19, 2013
10:00 a.m. to 11:30 a.m.

Kaushik Basu
Senior Vice President for Development Economics and Chief Economist
World Bank

Hosted by
Nancy Birdsall
Center for Global Development

Despite the growing strength of emerging economies, they remain vulnerable to global crises such as the Eurozone sovereign debt crisis and prolonged fiscal uncertainty in the US.

Basu will argue that the crises affecting the global economy since 2007 are not independent events but reflect tectonic shifts in the global economy. Changing times demand a greater role for emerging economies in addressing the policy challenges of today's global economy, in particular the management of global liquidity, global tax coordination and even monetary policy.

Kaushik Basu began his term as Senior Vice President for Development Economics and World Bank Chief Economist on October 1, 2012. Prior to that, he was Chief Economic Adviser to the Government of India. Basu is on leave from Cornell University where he is Professor of Economics and the C. Marks Professor of International Studies. He holds a PhD from the London School of Economics and his most recent books are Beyond the Invisible Hand: Groundwork for a New Economics and An Economist's Miscellany.


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