Feb

01

2024

01

Feb

2024

Rayburn House Office Building

The International Debt Crisis, Global Governance Institutions, and the Role of US Policy

Rayburn House Office Building

45 Independence Ave, SW, Room 2043, Washington, DC 20515

Feb 01, 2024

5:00 PM - 7:00 PM (GMT-5)

Host:

CEPR

 

To see the transcript of the event please click here.

Beverages and snacks will be provided to in-person attendees.  | Teach-In Panel will be streamed for those who cannot attend in person.

Get actionable insights on today's global debt crisis. We will kick off CEPR's new teach-in series with a deep dive with top economists over drinks. Come away with a clear understanding of the forces driving international debt - and ideas to fix it.

The international debt crisis is exacerbating one of the root causes of migration. In the U.S., it has led to a surge in asylum seekers fleeing from extreme poverty and dire humanitarian emergencies, which is primarily made worse by unilateral economic sanctions. The U.S. can lead the world in humanely responding on the global stage by removing broad economic sanctions that target a country’s economy and civilian populations and by supporting a new issuance of Special Drawing Rights at the IMF. Join us to learn more about available tools that are globally and domestically beneficial.

 

Moderator:


Fae Rabin
Center for Economic and Policy Research

Panelists:

 

Jomo Kwame Sundaram
Emeritus Professor, University of Malaya

Jomo Kwame Sundaram is Emeritus Professor, University of Malaya. He was Founder Chair of International Development Economics Associates (IDEAS), UN Assistant Secretary General for Economic Development in the Department of Economic and Social Affairs (DESA) and (Honorary) Research Coordinator for the G24 Intergovernmental Group on International Monetary Affairs and Development from 2005, and then Assistant Director General for Economic and Social Development, Food and Agriculture Organization of the United Nations. In 2007, he was awarded the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought. He has authored and edited over a hundred books and translated ten volumes besides writing many academic papers and media articles. He has taught in Malaysia since 1974, and at Harvard, Yale, and Cornell. He has also been a Visiting Fellow at Cambridge University and the National University of Singapore. He studied at the Penang Free School, Royal Military College, Yale and Harvard.

 

Jayati Ghosh
Professor, Department of Economics, University of Massachusetts at Amherst

Jayati Ghosh taught economics at Jawaharlal Nehru University, New Delhi for nearly 35 years, and since January 2021 she has been Professor of Economics at the University of Massachusetts Amherst. In March 2022, she was appointed to the UN Secretary General’s High-Level Advisory Board on Effective Multilateralism, mandated to provide a vision for international cooperation to deal with current and future challenges. In 2021 she was appointed to the WHO Council on the Economics of Health for All, chaired by Mariana Mazzucato. She has authored and/or edited 20 books and more than 200 scholarly articles. Recent books include “The Making of a Catastrophe: COVID-19 and the Indian Economy,” “When Governments Fail: A Pandemic and its Aftermath” ; and “Informal Women Workers in the Global South,” She also writes regularly for popular media, including newspapers, journals and blogs. She has advised governments in India and other countries, including as Chairperson of the Andhra Pradesh Commission on Farmers’ Welfare in 2004, and Member of the National Knowledge Commission of India (2005-09). She was the Executive Secretary of International Development Economics Associates, an international network of heterodox development economists, from 2002 to 2021. She has consulted for international organizations including ILO, UNDP, UNCTAD, UN-DESA, UNRISD and UN Women and is a member of several international boards and commissions, including the UN High-Level Advisory Board on Economic and Social Affairs, the Commission on Global Economic Transformation of INET, and the International Commission for the Reform of International Corporate Taxation (ICRICT).

 

Mark Weisbrot
Co-Founder and Co-Director of the Center for Economic and Policy Research

Mark Weisbrot is Co-Director of the Center for Economic and Policy Research in Washington, DC. He received his Ph.D. in economics from the University of Michigan. He is author of the book Failed: What the “Experts” Got Wrong About the Global Economy (Oxford University Press, 2015), co-author, with Dean Baker, of Social Security: The Phony Crisis (University of Chicago Press, 2000), and has written numerous research papers on economic policy. He writes a regular column on economic and policy issues that is distributed to over 550 newspapers by the Tribune Content Agency. His opinion pieces have appeared in The New York Times, The Washington Post, the Los Angeles Times, The Guardian, and almost every major US newspaper, as well as in Brazil’s largest newspaper, Folha de São Paulo. He appears regularly on national and local television and radio programs.

 

 

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